Sitemap - 2026 - Tax Coda
IRS raises 401(k) contribution limit to $25,500 for 2027
Court denies child tax benefits after father fails to prove where sons lived
Court upholds fraud penalties against tax preparer over false business costs
Court upholds tax on employee stock gains after couple fails to prove W-2 inclusion
Court values Morgan Run’s $26 million easement claim at $1.165 million
Tax Coda Weekly Digest | November 7, 2026
Court rejects IRS bid to reverse partnership filing-deadline ruling
Court denies Glass Warehouse’s $118,302 deduction for unproven subcontractor services
Court denies appliance repair deductions but rejects increased tax penalty
IRS reports record collections and larger taxpayer refunds
Bialer loses whistleblower award claim
Tax Coda Weekly Digest | November 1, 2026
Sportsmen’s club loses tax exemption
Court rules IRS properly applied Pitney Bowes overpayments to repatriation tax
Brookfield challenges IRS reduction of $20.5 million in Lehman bankruptcy losses
Tax Coda Weekly Digest - October 25, 2026
Tax Court reduces $74.5 million conservation easement deduction to $500,000
Tax Court denies $39.4 million in historic easement deductions and upholds penalties
Tax Court denies additional daycare expense deductions and upholds tax penalties
Tax Court cuts Watson Lake and Meadow Lake easement deductions and upholds 40% penalties
Court protects IRS AI audit methods but requires justification for withholding entire records
Tax Coda Weekly Digest — October 18, 2026
IRS sets federal tax interest rates for October 2026
Tax Court upholds unreported wages but declines to review disputed $3,000 tax payment
Tax Court upholds $24,000 income adjustment based on bank deposits analysis
Court denies Schedule C deductions after taxpayer fails to substantiate expenses
Court upholds tax lien after taxpayer dies before IRS accepts compromise offer
Court lets IRS keep expert declarations in Airbnb discovery dispute
Court upholds unreported income determination and penalizes frivolous tax arguments
Court denies recovery rebate credit because taxpayer used ITIN
Court denies interest abatement because IRS case processing involved no unreasonable delay
Court upholds tax deficiencies and penalties after attorney fails to contest unreported income
FinCEN finalizes narrower BOI reporting rules for foreign companies
Court denies couple’s charitable deduction for lack of substantiation
Court denies consolidated NOL deductions because predecessor losses remain subject to SRLY limits
Tax Court denies COVID-19 leave credits after taxpayer fails to prove self-employment
Court upholds tax on unreported Social Security benefits
IRS sets August 2026 applicable federal rates
IRS waives Form 990 filing for qualifying foreign World Cup teams
GAO urges Treasury to address IRS transformation, enforcement, and taxpayer service failures
D.C. Circuit upholds five-year sentence for mass disclosure of taxpayer records
Tax Court allows IRS levy after erroneous refund caused by faulty assessment
Court finds Trump IRS lawsuit lacked a genuine dispute and imposes sanctions
DOJ asks Seventh Circuit to rehear Hyatt loyalty fund income ruling
AI Drafted the Tax Argument. The Practitioner Still Owns It.
Tax Court allows limited Schedule C deductions but rejects personal travel
IRS levy fails after DOJ settlement covers same tax liabilities
Court upholds levy after taxpayer fails to prove financial hardship
Tax Court strikes Meta’s pandemic interest claim for lack of jurisdiction
Court allows counterclaim to recover ERC refunds
Court upholds tax judgment after taxpayer raises meritless challenges to IRS authority
Court disallows horse breeding losses but rejects penalties after adviser reliance
Court disallows charitable deduction carryovers for defective donor acknowledgment
IRS provides July 2026 federal tax rates for AFRs, §7520, §382, §42, and §7872
IRS outlines §4960 rules for expanded tax-exempt executive compensation tax
Texas Instruments challenges FDII deficiencies and seeks tax refunds
Taxpayer loses FBAR willfulness appeal but wins remand on Eighth Amendment claim
Crypto staking rewards are taxable when received according to Tax Court
IRS proposes major simplifications to §987 foreign currency rules
IRS Proposes Transition Relief for Foreign Government Investment Rules
Billions invested. Billions billed back.
Court upholds fraud penalties after charity promoter fails to file returns
Judge Orders Trump to Answer Claims That IRS Settlement Was Collusive
DOJ seeks judgment on $1.2 million tax debt from Michael Jackson and Shakira Music Producer
The World Cup’s Invisible Tax Tournament
Court rejects refund claim based on “California citizen” tax protest theory
Court upholds IRS levy after taxpayer fails to provide financial information
Court says erroneous interest refund can qualify for innocent spouse relief
Couple’s refund claim survives after court validates filing extension
Wealth taxes raise little. Mobility does the rest.
Former American Idol host challenges IRS denial of $280,000 alimony deduction
Trump and Trump Organization permanently end IRS lawsuit before government responds
IRS publishes June 2026 AFRs and valuation rates
DOJ says FedEx cannot claim foreign tax credits for earnings exempted under §965
Court limits wire fraud charges tied to filing false tax returns
Court allows refund suit to proceed after finding taxpayers’ complaint sufficiently clear
Court rejects former attorney’s attempt to overturn tax convictions and restitution order
Doctor challenges Puerto Rico residency ruling and $5.8 million deficiency
KPMG’s AI push is shrinking the accounting ladder from both ends
Taxpayer argues stroke justifies late Tax Court filing after dismissal for lack of jurisdiction
Court applies 40% economic substance penalty to microcaptive insurance arrangement
TIGTA says IRS needs controls to prevent backdated penalty approvals
IRS sets May 2026 AFR, §382, §42, and §7520 rates
The law restored EBITDA. The deduction still shrank.
Tesla paid $28 million in federal income tax on $4.77 billion of domestic income
Court denies deductions after taxpayer fails substantiation and upholds penalty
Court vacates Tax Court ruling on loyalty program income in Hyatt case
When the tax code makes America the new tax haven
Tax Coda Weekly Digest — April 26, 2026
Court upholds tax evasion convictions after rejecting Fifth Amendment challenge
Court treats insurance policy lapse as taxable income when loans exceed value
Court sustains deficiency after taxpayer omits 1099 income
Court affirms tax evasion conviction based on falsified returns and unreported fraud income
Funding cut $80 billion to $10 billion. Workforce down 30%.
$9.8 billion for the IRS as enforcement funding drops
Court upholds IRS authority to assess and collect criminal tax restitution in full
Court denies refund claims after taxpayer fails to prove withholding deposits
Court allows tax data leak claims against IRS and Booz Allen to proceed
Tax Coda Weekly Digest — April 5, 2026
IRS reports advance pricing agreement activity for 2025
Senator sues Booz Allen over IRS data breach tied to contractor safeguards
Court upholds 40% penalty in microcaptive case after finding no economic substance
Court orders IRS to release records in Schiff FOIA fight
IRS proposes updated arbitrage rules for tax-exempt bonds
Tax Coda Weekly Digest — March 29, 2026
Trump v. IRS and the fragility of tax privacy
Uber issued false 1099s to non-drivers, according to newly filed lawsuit
Social Security benefits remain taxable even if later repaid, court rules
Bigger refunds are real but the $1,000 claim looks far off
IRS allows withdrawal of §163(j) real estate and farming elections
Court denies sealing of tax advice tied to return preparation
Tax Coda Weekly Digest — March 22, 2026
Dropbox paid $35 million in federal income tax on $508.4 million of net income
Sequence of events is not a legal claim
IRS publishes April 2026 AFRs and valuation rates
Bessent drops acting IRS title but keeps control
Treasury updates list of countries tied to international boycott rules
Tax Coda Weekly Digest — March 15, 2026
Court dismisses Schiff lawsuit alleging IRS tax enforcement conspiracy
Court flags IRS disclosure of taxpayer addresses to ICE as unlawful
Court upholds IRS microcaptive reporting rule
Block paid $35 million in federal income tax on $1.69 billion of net income
IRS introduces Schedule 1-A to claim deductions for tips and overtime
Tax Coda Weekly Digest — March 8, 2026
IRS CEO grilled over data sharing and workforce cuts
Court rejects passport challenge over trust fund tax penalty
Court denies business deductions after taxpayer reports no income
Court allows partial basis increase under Cohan but denies §121 exclusion
IRS announces simplifications and new elections for §987 QBU currency computations
Tax Coda Weekly Digest — March 1, 2026
Data structure expands enforcement reach
NVIDIA paid $16.76 billion in federal income tax on $123.18 billion of U.S. income
Court upholds deficiency after IRS computer error inflates Additional Child Tax Credit
DoorDash recorded a $1 million income tax benefit on $1.64 billion income
Court upholds fraud penalties after tax preparer claims unsupported deductions
Taxpayer forfeits appeal after failing to challenge levy and lien
Tax Coda Weekly Digest — February 22, 2026
Netflix paid $1.12 billion in U.S. federal income tax on $11 billion of net income
Palantir paid $0 in U.S. federal income tax on $1.63 billion of net income
Second Circuit affirms tax after taxpayer claimed 50% S corporation ownership
Court upholds $2.2 million income adjustment in MedCafe case
IRS updates AFR, §382, §42, and §7520 rates for March 2026
IRS discloses immigrant tax data to DHS
Tax Coda Weekly Digest — February 15, 2026
Airbnb 2025 cash taxes show limited geographic detail
Shopify discloses cash taxes without country detail
IRS passport ban upheld for $1.6M tax debt
Court bars penalty and interest challenge after taxpayer signs installment agreement
IRS extends SECURE 2.0 deadlines and revises 2025 disclosure standards
Tax Court allows §183 business deductions for software venture
Tax Coda Weekly Digest — February 8, 2026
Google's cash income taxes remain U.S.-heavy with limited country detail
Amazon cash taxes remain U.S. centered with limited country detail
Facebook discloses country-level income taxes for the first time
Court grants full innocent spouse relief after husband’s financial control and abuse
IRS modernizes payments to and from taxpayer bank accounts
Form 1099-DA arrives for crypto reporting in 2026
Why tax stops behaving like a plug in deal models
Tax Coda Weekly Digest — February 1, 2026
Trump family sues the IRS over unauthorized disclosure of tax returns by Charles Littlejohn
U.S. tax reality for Americans buying real estate in the UAE
IRS confirms "Warrior Dividend" not taxable
Court denies alimony deduction for lump-sum pension payment after divorce
When expertise leaves, enforcement does not come back
IRS leadership reshuffle aligns agency with Trump priorities
Tax Coda Weekly Digest — January 25, 2026
Why foundational tax doctrines are back on the table
IRS funding clawback tightens agency operating cushion
Whistleblower award denied after target pays more tax on its own returns
Fifth Circuit rejects “passive investor” test for limited partners
Tax Coda Weekly Digest — January 18, 2026
IRS proposal redraws tax lines for sovereign investors
FOIA data shows uneven federal hiring early in 2025
Milk Saving Starving Children Foundation loses tax-exempt status
Court bars Texas tax preparer from filing returns during 2026 season
Court denies bad-debt and NOL deductions after taxpayer fails to prove loans or timing
Tax Coda Weekly Digest — January 11, 2026
Court orders sale of Kentucky home to satisfy $4.2 million federal tax lien
IRS excludes REIT hedge and offsetting hedge income from gross income tests
Sixth Circuit upholds convictions in Black Lives Matter fundraiser fraud case
Court trims claimed $132M charitable deduction
Court treats surviving spouse as de facto estate representative