US Tax Court

Tax

Topless Dancer Redefines 'Ordinary and Necessary'

Yes, it's one of the Tax Court's racier cases, but beyond the salacious details are some sober lessons on the government's idea of tax deductions.
Tax

Taxman Tries to Lap NASCAR's Juan Pablo Montoya

If the IRS is correct, NASCAR driver Juan Pablo Montoya owes the government a bit of money. Like $2.7 million. Montoya concedes he may have underreported some income, but he maintains the IRS is way off.