Written by: Hallie Makrakis

Oakhill Woods, LLC v. Comm’r

Abstract Case Name: Oakhill Woods, LLC v. Commissioner, T.C. Memo. 2020-24 (Feb. 13, 2020).Jurisdiction: U.S.T.C.Petitioners: Oakhill Woods, LLC; Effingham Managers, LLC; Tax Matters Partner.Respondent: Commissioner of the Internal Revenue ServiceConcepts: Tax; Charitable Contribution; Charitable Deduction; Form 8283; Tax Return; Appraisal Summary; Strict Compliance.Nature of Case: The Internal Revenue Service denied a charitable contribution deduction made by […]

Near v. Comm’r

Abstract Case Name: Near v. Commissioner, T.C. Memo 2020-010 (January 14, 2020).Jurisdiction: U.S.T.C.Petitioners: Daniel Alan Near and Denise Frances Mayhugh.Respondent: Commissioner of the Internal Revenue Service.Concepts: Schedule C, Profit or Loss from Business; Tax Deduction; Travel and Car and Truck Expenses; Accuracy Related PenaltyNature of Case: Whether petitioners are entitled to deduct travel and car and truck […]