Tax-related court cases

By agreeing to share taxpayer data at all, the Internal Revenue Service is taking an unprecedented step that breaks with longstanding assurances.

The media mogul is in court to allow him to change the terms of a trust — but it's not that easy.

Court decisions have opened up a whole new world of tax worries for college student athletes.

Beverage giant Coca-Cola said that it will pay the very old debt, but it is still appealing.

A recent Supreme Court case held that the Code Sec. 965 mandatory repatriation tax was constitutional, but the majority opinion avoided the principal issue presented to the court.

The lawsuit alleges that Jim Chanos "planned on using his power as general partner to run the company into the ground, enjoy the tax benefits of his financial shenanigans, and leave his partners with nothing."

The customers include a Brazilian businessman whose Florida residence was raided by the IRS and a Colombian family featured in a Senate report about the bank's role in tax evasion schemes.

The Washington National Tax Office of Grant Thornton points out the most important state and local tax developments to keep an eye out for.

Key justices suggested the tax, which aimed to collect hundreds of billions of dollars on a one-time basis, wasn't fundamentally different from other levies imposed by Congress over the years.

The case coming before the Supreme Court stems from a 2017 tax law provision that aimed to tax earnings held overseas by big multinational companies.

Relationships between a wealth management company and a law firm soured and spilled into a Quebec court.

40 critical regulations, court decisions, laws, IRS proposals and other major changes to the tax landscape from the past 12 months.

A look at the biggest regulations, legislation and court cases in the field from the first half of the year.

Prosecutors said Robert Shapiro used investor money for his $6.7 million home and $3.1 million for chartering planes and for personal travel.

After a booking error by an advisor, a client barely avoided being taxed on $500,000 and dodged more than $200,000 in taxes and penalties.

“The more ties you cut, the better — auditors like to see a moving van and an itemized list of what was moved,” one lawyer says.

The Supreme Court recently reversed an appeals court ruling on what constitutes “money remuneration.”

The Tax Court rules that creditors must have hard evidence that an obligation is uncollectable before they deduct it.

Entrepreneurs who suffer continuous losses could find their work classified as a hobby by the IRS.

There are risks to this approach, however.