Supreme Court Cases on Taxation You Should Know About (On-Demand Webinar)  

In this course, we will look at four Supreme Court cases, with relevance in our day-to-day practice. We will discuss Welch, defining ordinary expenses; Gilmore, regarding legal expenses, Arrowsmith, involving the matching concept; Boyle; on appropriateness of penalties; Groetzinger, defining a trade or business; Duberstein, which differentiates a gift from income subject to taxation; Generes, discussing business bad debt from non-business bad debt; and what Indopco tells us about capitalization, in light of the new repair regulations.

Who should take this course: Tax professionals seeking recent knowledge of landmark Supreme Court cases impacting businesses and individuals.

THIS COURSE IS NOT ELIGIBLE FOR CTEC CREDIT.

Instructor: Chris Province, CPA