U.S. Tax Court

Bulk operations
Ratedsort icon

Earlier this month the PGDC reported on Joseph Mohamed Sr. et ux. v .Commissioner in which a couple's income tax charitable deductions for tranfers of several valuable parcels of real property to a charitable remainder unitrust were denied...

0
19 Nov 1998 | U.S. Tax Court | National Publication | News story
In Sessions v. Commissioner, the Tax Court reviews the methodology and conclusions of the IRS's valuation expert and the taxpayers' valuation expert and then reaches its own conclusions as to the valuation of real estate contributed to charity.
0
12 Feb 1999 | U.S. Tax Court | National Publication | News story
In Jameson v. C.I.R., this Tax Court Memorandum decision finds that a decedent's closely held corporate stock should be valued as a holding company interest.
0
12 Feb 1999 | U.S. Tax Court | National Publication | News story
In a Memorandum decision, the Tax Court accepts the opinion of the IRS' expert on the blockage discount applicable to a decedent's publicly-traded stock.
0
18 Feb 1999 | U.S. Tax Court | National Publication | News story
In this Tax Court Memorandum decision, the court holds that a decedent's charitable deduction is reduced by estate and inheritance taxes.
0
In Gomez v. Commissioner, the Tax Court has upheld the IRS' notice of deficiency which disallowed a charitable contribution deduction due to a lack of substantiation and allowed the imposition of a 20-percent penalty on the underpayment of the tax attributable to...
0
24 Jun 1999 | U.S. Tax Court | National Publication | News story
In William N. Kellahan Jr., et ux v. Commissioner; T.C. Memo. 1999-210, the Tax Court held in part that fair market value of real property for which the petitioners claimed a charitable contribution deduction was closer to the Service's estimate and sustained the...
0
15 Dec 1999 | U.S. Tax Court | National Publication | News story
The Tax Court, relying on the IRS' expert and stating that the petitioner's expert's report was "useless," upheld the disallowance of the taxpayer's charitable contribution deductions and sustained the penalties for gross valuation misstatement and late filing.
0
28 Jan 2000 | U.S. Tax Court | National Publication | News story
In Jack Lane Taylor v. Commissioner, the Tax Court upheld the Service's disallowance of a charitable contribution deduction for a contribution made to a church which lost its exempt status in the previous year.
0
24 Mar 2000 | U.S. Tax Court | National Publication | News story
In Katherine Strasbury v. Commissioner, T.C. Memo. 2000-94, No. 1953-98 (March 20, 2000), the Tax Court held that a conservation easement granted to a tax-exempt organization should be valued using the "before and after" method and ultimately disagreed with each expert...
0
22 Jun 2000 | U.S. Tax Court | National Publication | News story
In Robert E. Signom II, et ux. v. Commissioner; T.C. Memo. 2000- 175; No. 14764-98 (May 26, 2000), the Tax Court upheld the IRS' disallowance of the petitioners' claimed charitable deduction for their release of a property interest on property owned by a university,...
0
28 Jul 2000 | U.S. Tax Court | National Publication | News story
In the Tax Court case of Estate of Melvine B. Atkinson v. Commissioner; 115 T.C. No. 3; No. 20968-97 (July 26, 2000), the Court upheld the IRS' denial of an estate tax charitable deduction because the charitable remainder annuity trust, for which the deduction was...
0
30 Aug 2000 | U.S. Tax Court | National Publication | News story
In the Tax Court case John T. Jorgl, et ux. v. Commissioner; T.C. Memo. 2000-10; No. 11508-98 (January 11, 2000), the Court held a couple that transferred their interest in a company to a charitable remainder unitrust, which subsequently sold the company, must...
0
11 Sep 2000 | U.S. Tax Court | National Publication | News story
In a memorandum opinion, the Tax Court held that a bargain sale contract for the installment sale of real estate to a church created a completed charitable gift in the year the contract was signed.
0
The United States Tax Court ruled in a Memorandum decision that a taxpayer could not deduct charitable contributions for 1994, 1995 and 1996 because of his failure to substantiate the contributions and his failure to show that the recipients were qualified charities....
0
The Tax Court held that the petitioners failed to adequately substantiate, in part, their charitable contributions beyond those allowed by the IRS.
0
In two unrelated tax deficiency cases, the Tax Court issued unpublished summary opinions denying income tax charitable deductions to taxpayers who failed to substantiate them adequately.
0
14 Jun 2001 | U.S. Tax Court | National Publication | News story
Handwritten estimates of charitable gifts by a donor do not charitable deductions make. So says the Tax Court in Gardener v. Commissioner.
0
25 Jan 2002 | U.S. Tax Court | National Publication | News story
The Tax Court has held that an individual wasn't liable for excise taxes or penalties for acts of self-dealing with a private foundation because he wasn't considered a substantial contributor to the foundation.
0
11 Jun 2002 | U.S. Tax Court | National Publication | News story

The Tax Court has held that a charity failed to provide a good-faith estimate of the value of goods and services that a couple received in consideration for contributions they made to the charity in connection with the purchase by the charity of a split-dollar life...

0
Syndicate content
7520 Rates: November 2.4% October 2.2% September 2.4%

Already a member?

Learn, Share, Gain Insight, Connect, Advance

Join Today For Free!

Join the PGDC community and…

  • Learn through thousands of pages of content, newsletters and forums
  • Share by commenting on and rating content, answering questions in the forums, and writing
  • Gain insight into other disciplines in the field
  • Connect – Interact – Grow
  • Opt-in to Include your profile in our searchable national directory. By default, your identity is protected

…Market yourself to a growing industry

 

Define: U.S. Tax Court

The United States Tax Court is a court of record established by Congress under Article I of the U.S. Constitution. When the Commissioner of Internal Revenue has determined a tax deficiency, the taxpayer may dispute the deficiency in the Tax Court before paying any disputed amount. The Tax Court’s jurisdiction also includes the authority to redetermine transferee liability, make certain types of declaratory judgments, adjust partnership items, order abatement of interest, award administrative and litigation costs, redetermine worker classification, determine relief from joint and several liability on a joint return, review certain collection actions, and review awards to whistleblowers who provide information to the Commissioner of Internal Revenue on or after December 20, 2006.

Recent activity

Dieringer v. Commissioner: Estate Tax Charitable Deduction for Bequest of Stock to Private Foundation Limited to Post-Death Redemption Proceeds - A Flawed Result?

Appraisals Performed by Donor Not Qualified Appraisals: Deduction Denied

Tax Court Denies Deductions and Imposes Penalties

Tax Court Denies Deduction for Facade Easement

Battle of the Appraisers: Taxpayer Prevails in Value of Conservation Easement

Deductions Denied for Failure to Substantiate; Accuracy-Related Penalties Imposed

Charitable Contribution Deductions Denied for Failure to Provide Proof