The Tax Court decides between 8-15 cases each week. That's over 500 a year. And if we're lucky, maybe twice in a 12-month span does the court decide an issue of "first impression;" one that has never ...

The complex rules applicable to capital gains taxation essentially establish four different types of capital assets. These groups of capital assets are: (1) short-term capital assets, with no special ...

When a corporation sells property, it can decrease the resulting tax burden several ways. Most business property sales can be calculated according to Section 1231, which allows a significant portion ...