Tax Guidance & Preparation

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Odujinrin v. IRS Commissioner Reinforces the Significance of Engaging a Reputable Enrolled Agent

In Wole Odujinrin v. IRS Commissioner the petitioner, a hematology oncologist who represented himself, did not...
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How to Calculate Basis of a Primary Residence Converted to Rental Property [Reg. §1.168(i)-4(b)] [Reg. §1.165-9(b)(2)]

How to Calculate Basis of a Primary Residence Converted to Rental Property [Reg. §1.168(i)-4(b)] [Reg....
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Worker Classification & the Colorado Department of Labor & Employment

Worker Classification & the Colorado Department of Labor & Employment This post is about my...
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What is an FTE? What is a Seasonal Employee?

What is an FTE; what is a Seasonal Employee? My friend, confidant, mentor and expert...
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Tax Considerations When Supporting Parents

As I have been helping my Mom transition into life as a widow many interesting...
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A Brief Introspection of Repair vs. Improvement: IRS Revenue Procedures 2014-16 and 2014-17

That's right Y'all this is another one of those quite game changers for owners of...
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US v. Clarke SCOTUS Decision Favors Taxpayers

The SCOTUS clarified the11th Circuit Court of Appeals in the United States v. Clarke Et....
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Defending Against Alter Ego Allegations

What is an "alter ego" allegation? Aside of course being one of several nuanced yet...
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IRC 7216 Disclosure Issues to Consider When Selling Your Practice – Start With A Tight NDA

As many of you know who follow this blog I have served in the past...
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Tangible Assets Used In Converting Corn To Fuel Grade Ethanol Are Properly Included In Asset Class 49.5

A certain important person in my reality - my wife - is becoming increasingly interested...

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