Business groups urged a U.S. judicial panel on Friday to reject a proposal to require more funding disclosures in ...

Taxpayers were not entitled to deduct payments made related to out-of-state businesses as business expenses or losses, held the U.S. Tax Court, sustaining the IRS’s determinations of tax and additions ...

Taxpayers grossly overvalued a conservation easement deduction and failed to demonstrate reasonable cause for the overvaluation, the U.S. Tax Court held, affirming the IRS’s imposition of ...