Think Outside the Tax Box

Lessons Learned from the Tax Court: An Olive Branch in Tax Court - 04-01-26

TOTTB-Pod Season 2 Episode 6

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0:00 | 19:54

“Everything is deductible until the audit” is an adage frequently repeated in the tax preparation industry. Generally, it’s mentioned tongue-in-cheek, but today’s taxpayer (and her tax pro boyfriend) may have taken it a bit too literally. Additionally, cutting corners may seem like a time-saving strategy in the moment, but the potential to backfire can’t be ignored. In this case, the taxpayer is about to learn things the hard way.

Listen in to the interesting case of Mennemeyer v. Commissioner of Internal Revenue!

This podcast is meant for entertainment purposes only. For the more thorough, complete, and accurately written version of this article which includes citations, visit us at http://www.tottb.tax