Home      Login

Abstract: 

Our regular update discusses developments involving listed transactions, Malta pension scheme, installment sales, amicus briefs, tax exceptionalism, Anti-Injunction Act, the “mailbox rule,” like-kind exchanges, cancellation of debt, IRC Sec. 104(a)(2) recoveries, income realization, IRC Sec. 280E, Hoops, LP v. Comm’r, hobby losses, charitable contributions, cryptocurrency losses, Allen v. Comm’r, FBAR penalties, basis, capitalization, the shared responsibility payment and bankruptcy law, Washington’s capital gains tax, and a few “wayout-there” taxpayer arguments.

Keywords: listed transactions, amicus briefs, tax exceptionalism, the Anti-Injunction Act, the “mailbox rule,” non-recognition provisions, income and deduction issues, FBAR penalties, basis, shared responsibility payment and bankruptcy, frivolous claims

Affiliations:  .