Today in Tax Court
Episodes
Episode 20 - Youngs v. Commissioner
26 Sep 2025
Contributed by Lukas
What happens when you run a ranch at a loss for 14 years and use it against your profitable S-Corp? Sometimes, you get caught. We run through the 9 fa...
Episode 19 - Hadar v. NY Appeals
17 Jul 2025
Contributed by Lukas
A BIG win for taxpayers who deferred $30 million(!!!) in gain on real estate via a Tenancy in Common (TIC). We get into what is a 1031, what is a TIC,...
Episode 18 - Roots v. Commissioner
06 Jun 2025
Contributed by Lukas
$3 million for a lodge that has bats and mice living in the walls. Another $4 million to sue the builder and architect who built it all. And all the t...
Episode 17 - History of US Income Tax [Special Edition]
28 May 2025
Contributed by Lukas
How did we get here? You can learn all the strategy tips you want, but how did our current framework come into existence? Over the last 150 years of o...
Episode 16 - Norwich Comm. Group v. Commissioner
15 May 2025
Contributed by Lukas
What happens when your accountant does your accounting AND signs the audit report? Nothing good. In this case, the taxpayer overpaid tax on $7+ millio...
Episode 15 - WT Art Partnership v. Comm; Pierce v. Comm.
21 Apr 2025
Contributed by Lukas
Valuations gone wild - a $26 million Chinese art piece + Udder Covers LLC for $18 million. How does the IRS think about valuations? What methods do th...
Episode 14 - Nwafor v. Commissioner
28 Mar 2025
Contributed by Lukas
Midwit meme meets Tax Court. How a taxpayer used one-sided journal entries to reduce income and inflate expenses to the tune of $200,000+. bUt ThE wOr...
Episode 13 - Cantor Fitzgerald v. Commissioner
12 Mar 2025
Contributed by Lukas
After the 9/11 Terror Attacks, millions of dollars in business aid flowed from various government agencies. This case walks us through some of the mor...
Episode 12 - Hubert Ent. v. Commissioner
21 Feb 2025
Contributed by Lukas
Did someone say HoldCo? What happens when your HoldCo crushes it and now you want money out of it? If it's a C-Corp it's tricky. Today's case walks th...
Episode 11 - Weston v. Commissioner
14 Feb 2025
Contributed by Lukas
The Tax Court refuses to subsidize "poor investment decisions" of the taxpayer. When Mr. Weston invested $2.1 million of his own life savings into rea...
Episode 10 - Langlois v. Commissioner
07 Feb 2025
Contributed by Lukas
2 for the price of 1 - Langlois v. Commissioner and Clark v. Commissioner Langlois was a power line worker who dabbled in landscaping and a hair salon...
Episode 9 - Ogden v. Commissioner
31 Jan 2025
Contributed by Lukas
One of my favorite topics - Operating Agreement tax allocation language! Maybe one of the biggest things to get right when talking about partnership t...
Episode 8 - Franklin v. Commissioner
23 Jan 2025
Contributed by Lukas
A sheriff in Alabama gets caught "embezzling" from inmate food funds. But the argument is made that she only made a bad investment (she did) - and she...
Episode 7 - Sehati v. Commissioner
17 Jan 2025
Contributed by Lukas
A desperate LinkedIn accounting job posting + a 40 year old treasure box + mall kiosks = a wild story. This case highlights how IRS auditors approach ...
Episode 6 - Gregory v. Helvering
09 Jan 2025
Contributed by Lukas
Our first landmark court case to review: the Business Purpose Doctrine. Gregory set up a separate company and shifted assets just to avoid tax. This c...
Episode 5 - Hutcheson v. Commissioner
02 Jan 2025
Contributed by Lukas
A retirement plan fiduciary embezzles $5 million of other people's retirement assets. He wastes it on home renovations, cars, Costco trips, and tryi...
Episode 4 - Witasick v. Commissioner
26 Dec 2024
Contributed by Lukas
Deducting $1 million in renovations on a 15k sqft second home - what could go wrong? A lot. Witasick was an attorney who mostly served Arizona clie...
Episode 3 - Greenblatt v. Commissioner
18 Dec 2024
Contributed by Lukas
S-Corps gone wild. A taxpayer forms more S-Corps than he needs and loses out on millions of dollars in deductions from: - S-Corp basis limitations - B...
Episode 2 - Aboui v. Commissioner
11 Dec 2024
Contributed by Lukas
Buy here pay here car dealership, bad accounting record access, and an aggressive IRS agent all combine for a few million dollars in tax assessed. But...
Episode 1 - Top Tax Court Cases - 2024
04 Dec 2024
Contributed by Lukas
On Episode 1, we get into 7 US Tax Court cases from 2024 with some solid lessons learned: Parkway Gravel v. Commissioner - 3:07 - real estate options...