Taxation

By: Kristina Zvinakis, Contributor to the South-Western Federal Taxation series   Traditionally, municipal bonds are an appealing investment for high–income taxpayers because, as much of the discussion about them notes, the interest paid by such bonds is “almost...

By: William A. Raabe, Co-Editor of the South-Western Federal Taxation series   Late in 2017, the Tax Cuts and Jobs Act (TCJA) enacted several changes to the U.S.’s taxation of the taxable income of...

By: William A. Raabe, Co-Editor of the South-Western Federal Taxation series   It is hard to shop for some people at Christmas.  The done seems not to have any pressing needs, or...

By: William A. Raabe, Co-Editor of the South-Western Federal Taxation series   Issues involving identity theft have plagued citizens for over a decade.  The most frequently encountered tax manifestations of identity theft include...

By: Annette Nellen, Co-Editor of the South-Western Federal Taxation series   Conyers, Order No. 13969-18 (9/11/19) – This designated order held that Ms. Conyers had to report the value of a Jeep and...

By: D. Larry Crumbley, Contributor to the South-Western Federal Taxation series   An excise tax at the Federal corporate tax rate (21 percent) is applied to the five highest-paid covered employees of tax-exempt organizations where...

By: Gregory Carnes, Contributor to the South-Western Federal Taxation series   For individual taxpayers, what is worse than having a revenue-generating hobby?  Nothing!!  This is even more true after the Tax Cuts and Jobs...

The taxation of higher education related savings, costs and interest expense is a fairly complex area of the law due to the numerous rules. Some of the rules don’t work in...