Questions from Federal Taxation

Q: Briefly discuss the three ways that a spouse can request relief from

Briefly discuss the three ways that a spouse can request relief from joint and several liability.

Q: What are the rules for innocent spouse relief under the provisions of

What are the rules for innocent spouse relief under the provisions of IRC Section 6015(b)?

Q: What are the rules for equitable relief?

What are the rules for equitable relief?

Q: Jack and Jill filed a joint return in 2014 showing Jill’s wages

Jack and Jill filed a joint return in 2014 showing Jill’s wages of $50,000 and Jack’s self-employment income of $30,000. Jack and Jill divorced in 2015. In 2016, the IRS audited their return and found...

Q: White Corporation estimates that its 2018 taxable income will be $800

White Corporation estimates that its 2018 taxable income will be $800,000 and its tax liability will be $272,000. For each of the following independent cases, compute the minimum quarterly estimated-t...

Q: Should prevailing interest rates bear on tax decision making in either or

Should prevailing interest rates bear on tax decision making in either or both of the following situations? a. The taxpayer is contemplating litigation in either the Tax Court or the Court of Federal...

Q: Mimi had $40,000 in federal income taxes withheld in

Mimi had $40,000 in federal income taxes withheld in 2016. Because of a sizable amount of itemized deductions, she figured that she had no further tax to pay for the year. For this reason and because...

Q: Identify the major elements of a client letter and briefly discuss the

Identify the major elements of a client letter and briefly discuss the difference between a letter to a sophisticated client and to an unsophisticated client.

Q: Give some examples of why gathering pertinent facts can be a challenging

Give some examples of why gathering pertinent facts can be a challenging task for tax researchers.