Tax Law

Recent Posts

Booker Variances are More Common in Tax Crimes. Why? And Do They Disproportionately Benefit the Rich?
Posted on 12 Jun 2014 by Jack Townsend

Readers of this blog should be familiar with the name Ty Warner. He is the billionaire who cheated on his U.S. taxes big time (the financially big can cheat big) and, in addition, willfully failed to file the FBARs. He pled guilty to a reduced set of... Read More

Tax Loss - Object of the Offense - Intended v. Real Harm
Posted on 23 Oct 2013 by Jack Townsend

I just recently re-read United States v. Eye , 2013 U.S. App. LEXIS 10857 (11th Cir. 2013), here , an unpublished opinion [ enhanced version available to subscribers ]. It discusses an important point about the Sentencing Guidelines tax loss... Read More

Article on New Sentencing Guidelines on Unclaimed Deductions and Credits
Posted on 31 Dec 2013 by Jack Townsend

I have posted previously on the unclaimed deduction / credit issue and the recent Guidelines resolution of the issue. The 2013 Guidelines provision on this issue is here §2T1.1., Commentary par. 3, here , which provides: 3. Unclaimed Credits,... Read More

Principal Comments on Unclaimed Deductions and Losses in Sentencing Tax Loss Determinations
Posted on 27 Mar 2013 by Jack Townsend

The Sentencing Commission has received comments and testimony from principal constituents as to the issue of whether unclaimed deductions and credits should be permitted to reduce the tax loss in the critical tax loss calculation for sentencing purposes... Read More