by Royer Advisors | Dec 11, 2024 | IRS Regulation, Tax Planning, Tax Preparation
Due to the current federal government shutdown, IRS operations are limited. However, the tax agency issued a release stating “the underlying tax law remains in effect, and all taxpayers should continue to meet their tax obligations as normal.” Here are...
by Royer Advisors | Dec 11, 2024 | Court Rulings, IRS Regulation
Fancher v. Prudhome, 2013 La. App. LEXIS 318 (Feb. 27, 2013) A withdrawing member of a limited liability company unsuccessfully appealed the trial court’s decision to use the book value of the company’s assets, rather than rely on his expert’s going...
by Royer Advisors | Dec 11, 2024 | Court Rulings, IRS Regulation, Tax Planning
Aries Communications Inc. v. Commissioner, 2013 Tax Ct. Memo LEXIS 111 (April 10, 2013) What qualifies as a reasonable success fee for the employee who is also the hands-on owner of the company and played a key role in the profitable sale of some of the...