Topic
Tax Deductions
270 published works
Dentons Insights
Depreciation of petroleum exploration expenditure in Tanzania: an analysis of <em>Commissioner General (TRA) v Beach Petroleum (Tanzania) Limited</em>
By Dentons
Tanzania: Petroleum exploration is capital-intensive and uncertain, as a company may spend years acquiring geological data, conducting surveys and preparing to drill before discovering a commercially viable resource. Even where…
Don’t Mess With Taxes
Tax consequences of the $90 Medicare premium rebate
By Kay Bell
Reconciling expenses is a challenge for many senior citizens. Some on original Medicare are getting a bit of help this week thanks to an unexpected $90 payment from Uncle Sam.…
TaxSlaw
When is the Receipt of “Value” Includible in Gross Income?
By Louis Vlahos
The Income Tax The federal government is the largest employer in the U.S., and provides the greatest number and variety of services and products in the country. To fund its…
Who Is My Employee?
Can Independent Contractors Race to Deduct Overtime from Their Taxes?
Last weekend I was in Oregon for my annual 200-mile running relay. Every year I get together with college fraternity friends in a different location, and we run through the…
Liskow & Lewis, APLC
Tax Court Finds IRS Revenue Agent Liable for Civil Fraud Penalty
The United States Tax Court recently issued a reminder that tax sophistication can support a finding of civil fraud. In Janangelo v. Commissioner, T.C. Summary Opinion 2026-8, the court found…
California Public Agency Labor & Employment Blog
The Overtime Tax Deduction Gets Real: What Public Agencies Need to Know About the IRS’s New Guidance
On August 6, 2026, the IRS issued Fact Sheet FS-2026-13, providing its most detailed guidance yet about the One Big Beautiful Bill Act’s (OBBBA) tax deduction for qualified overtime compensation. The…
DMConsultants Blog
DEDUCCIONES EN EL IRPF POR VEHÍCULO ELÉCTRICO
La compra de un vehículo eléctrico y la instalación de un punto de recarga pueden darte derecho a importantes deducciones en el IRPF. La Agencia Tributaria contempla dos deducciones temporales…
TaxSlaw
“For Want of a Nail” – A Poor Reason to Lose a Charitable Contribution Deduction
By Louis Vlahos
Encourage But Verify “It is more blessed to give than to receive.”[i] Undoubtedly, you’re familiar with the foregoing proverb that seeks to encourage “charitable behavior” among the members of society,…
21st Century Taxation
Proposal for $0 Income Tax for Low-Income Individuals
Jeff Bezos has suggested that the roughly 50% of individuals with AGI of $54,000 or below pay no federal income tax (see Gabrielle Olya, "Jeff Bezos Wants $0 Federal Income…
Nonprofit Law Prof Blog
IRS Makes Time-Limited Conservation Easement Settlement Offer
On May 13, 2026, the IRS announced the terms of settlement offers to taxpayers involved in disputes relating to conservation easement or historic preservation easement deductions. According to the announcement,…