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Deducting Legal Expenses: Unpacking The IRS's Appeal In Mylan - Patent

This month in our Blue J Predicts column we examine the deduction of legal and litigation expenses in the context of the generic drug industry. ....

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Situational Awareness: Accurate Financial Recordkeeping And Business Deductions - Financial Services

Losses are not allowable for an activity that is carried on primarily for sport, as a hobby, or for recreation. ....

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Captive Insurance Appeal In Reserve Mechanical Will Likely Fail - Insurance

Legislated exemptions, such as the one provided under section 501(c)(15) for some insurance companies, are a public and open invitation to tax planning. ....

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An Unprofitable Pretax Venture Can Still Be A Partnership - Tax

Technology now makes it possible for tax practitioners to accurately anticipate the outcome of tax disputes. ....

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Economic Substance Doctrine: Still Giving Perrigo Heartburn? - Tax

Tax practitioners frequently struggle when providing advice on some cases in areas of tax law that have limited statutory guidance and a sizable body of case law. ....

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