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Tax Court Holds That Deficiency Petition 90-Day Time Limit Is Jurisdictional - Tax Authorities

Departure from Tax Court s Supervisory Approval Analysis

Decisions from the Ninth and Eleventh Circuits departed from the Tax Court’s analysis of Chai v. Commissioner. In Laidlaw’s Harley Davidson Sales v. Commissioner, the Ninth Circuit applied a textualist approach and held approval is required only before assessment of penalty.

Supreme Court Rules Against IRS

Supreme Court rules in Boechler, P.C. v. Commissioner, the 30-day time limit to file a Tax Court petition for review of a collection due process determination is not a jurisdictional requirement.

Cannabis Businesses Income Tax Disallowence

Legislation pending in Congress would remove marijuana from the list of substances in the Controlled Substances Act, resulting in repeal of the income tax disallowance of deductions for marijuana businesses, currently unable to deduct business expenses

Cannabis Businesses Income Tax Disallowence

Legislation pending in Congress would remove marijuana from the list of substances in the Controlled Substances Act, resulting in repeal of the income tax disallowance of deductions for marijuana businesses, currently unable to deduct business expenses

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