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January 30, 2012

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Taxation Law Topics

There are many different topics related to Taxation Law. We invite everyone to read up on the following topics related to Reno Taxation Lawyers.

The following are topics related to Taxation and Tax Law:

Income Tax Cases
Recent Estate & Gift Tax Cases
Recent Income Tax Cases
State Statutes Dealing with Taxation
Corporate Taxation
International Taxation

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Did You Know?

There are tax rules if change in accounting method is made
Generally, the partnership must get IRS consent to change its method of accounting used to report income (for income as a whole or for any material item). To do so, it must file Form 3115, Application for Change in Accounting Method. See Form 3115 and Pub. 538, Accounting Periods and Methods.

	Newsroom
	News about Taxation cases in Reno and nationwide: Chicago Attorney Sentenced To Prison For Tax Evasion Robert Wayne Hallock, an attorney from Chicago, Ill., was sentenced today in federal court for attempting to evade taxes on more than $1 million in... Read more > National Taxpayer Advocate Releases Report The Advocate’s report, which is required by law, notes that the IRS is under significant pressure both to reduce the tax gap and to maintain and im... Read more > IRS Collects $3.2 Billion from Son of Boss; Final Figure Should Top $3.5 Billion WASHINGTON — The Internal Revenue Service announced today that taxpayers participating in the Son of Boss tax shelter settlement have so far paid i... Read more > More Taxation News >

Taxation Terms

Today's Terms

Work Opportunity Credit and Welfare-to-Work Credit

Definition:
The work opportunity credit and the welfare-to-work credit are scheduled to expire for wages paid to individuals who began working for you after 2003.

Standard Mileage Rate

Definition:
For 2004, the standard mileage rate for the cost of operating your car, van, pickup, or panel truck is increased to 37.5 cents a mile for all business miles.

Meal Expense Deduction

Definition:
Generally, you can deduct only 50% of your business-re-lated meal expenses while traveling away from your tax home for business purposes. Also, you can generally deduct only 50% of certain reimbursements you make to your employees for meal expenses they incur while traveling away from home on business.

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Tax Legal Resources

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Taxation Hot Topics

Topics Related to Taxation Law:

Income Tax Cases
Recent Estate & Gift Tax Cases
Recent Income Tax Cases
State Statutes Dealing with Taxation

Reno Taxation Attorney

If you live in the following cities and need an taxation attorney you should contact our Taxation Attorney as soon as possible:

Boulder City
Carson City
Elko
Fallon
Gardnerville
Henderson
Las Vegas

North Las Vegas
Pahrump
Reno
Sparks
Sun Valley
Winnemucca

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