Europe-based organisations saw significant increase in report volume LONDON, UK / ACCESS Newswire / June 3, 2025 /NAVEX , the ...

In a recent IRS pronouncement (CCA 20230212[2]), which follows a long history of pronouncements and cases, the IRS Chief Counsel made clear that the IRS will require substantiation that strictly ...

The mention of substantiation, however, can lead to clients scratching their heads about how exactly to do that. In this advisory, we introduce you to general principles of claims substantiation ...

IRC section 274(n) limits the deduction for meal and beverage expenses to 50% of the amount incurred. And section 274(d) requires strict substantiation of all travel expenses. In lieu of ...

The big problem was substantiation and when it comes to a return with an NOL, that arises from a non TEFRA partnership, that substantiation issue can go back pretty far. Mr. Barker made $45 ...

The Tax Court is often asked to decide whether taxpayers’ claimed business expense are deductible. Whether the expenses are deductible often hinges on whether they are properly substantiated, under ...

A 'walk' in composition space for a lipid world molecular assembly, shown in simplified 3 dimensions. A point on the line signifies a specific composition along the time axis, whereby the three ...

Taxpayers were not entitled to deduct certain business expenses reported on Schedule C, held the U.S. Tax Court, affirming the IRS’s disallowance of the deductions. Taxpayers, a married couple, ...

Peery as a property settlement. But it gets more complicated. There was a $63,500 check that was included in the substantiation of a total alimony deduction of $90,265.67. The check was ...

It’s time to audit your TPAs substantiation process. While the IRS has issued guidance, FAQ’s, information letters and the like on substantiation requirements, some TPAs simply ignore or deem them ...