Tax Law
Legal research on tax law including federal and state taxation, deductions, tax disputes, and compliance.
Are step-up basis and estate tax exemption mutually exclusive?
Understand the relationship between step-up in basis and the federal estate tax exemption, and how they apply to inherited assets under 26 U.S.C. § 1014.
Are FSA contributions tax deductible and what evidence is needed?
Learn about the tax treatment of FSA contributions under IRC Sections 106 and 125, including exclusion from gross income and substantiation requirements.
Explain what an OZ fund is and how it works
Learn about Qualified Opportunity Funds (QOFs), including tax deferral benefits, the 90% asset test, and the 10-year holding period for basis step-up.
California nonresident taxes
Learn how California taxes nonresidents on state-sourced income, including rules for remote work, business income, and filing requirements.
How to claim accelerated vs. gradual depreciation for business computers
Learn about Section 179, bonus depreciation, and MACRS for business computers, including eligibility requirements and recovery periods.
Can an employee max 457 and 408(p) plans in 2025?
Learn if employees can contribute the maximum amount to both a 457 plan and a 408(p) SIMPLE IRA in 2025 under IRS elective deferral rules.
Can an LLC be a corporation for tax purposes?
Learn how an LLC can maintain its legal structure while electing to be taxed as a corporation under federal and California law.
California trust and estates tax law vs. Oregon tax law?
Compare California and Oregon estate tax laws, including filing thresholds, residency rules, and federal tax linkage for trust and estate planning.
What is reasonable cause for IRS failure to file?
Learn about the reasonable cause standard for IRS failure-to-file penalties under 26 U.S.C. § 6651(a)(1) and the impact of United States v. Boyle.
What is the process for obtaining a formal IRS lien release?
Learn the legal process for obtaining a Certificate of Release of Federal Tax Lien (Form 668-Z) under 26 U.S.C. § 6325 and how to request one if the IRS fails to act.