
Second Circuit Overturns Tax Court on Assessable Penalties
Section 6038 generally requires a U.S. person to file an information return regarding each foreign business the U.S. person controls. For example, Form 5471 is

Section 6038 generally requires a U.S. person to file an information return regarding each foreign business the U.S. person controls. For example, Form 5471 is

Chinese residents are taxed on their worldwide income by China. Nonresidents are taxed by China only on income sourced to China. Offshore trusts have become
California is the land of start-ups. From January to August 2026, venture capitalists invested about $366 billion in California businesses. This venture capital is over

Enforcement, Credits, and Apportionment Summary Welcome to the fifth and final part of this series on Proposition 40, “The 2026 Billionaire Tax Act.”[1] This part

Introduction Pung v. Isabella County is the sequel to the 2023 Supreme Court case Tyler v. Hennepin County. In a foreclosure for a defaulted property

The Americans with Disabilities Act (ADA) generally requires publicly accessible businesses to be accessible to individuals with disabilities. Wheelchair ramps are perhaps the most visible

California is the land of start-ups. From January to August 2026, venture capitalists invested about $366 billion in California businesses. This venture capital is over

“The epitome of a go-getter,” a taxpayer worked full-time in JetBlue’s IT department with two accounting degrees while running his own business.[1] This “business had
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