Supreme Court

Trump’s Supreme Court Pick Wrote Majority Opinion in Loving v. IRS

As Politico tax reporter Bernie Becker pointed out today, federal appeals court judge Brett Kavanaugh, who President Trump nominated to replace the retiring Justice Anthony Kennedy on the U.S. Supreme Court, wrote the majority opinion in Loving v. IRS that the tax agency does not have the legal authority to regulate tax return preparers in […]

When You Inevitably Get Laid Off, Your Severance Payments Will Be Subject To FICA Taxes

Yesterday, the Supreme Court gathered to decide an issue that had drawn the attention of tax advisors and subpar employees the country over: Is severance pay pursuant to an involuntary layoff subject to FICA employment taxes? The answer was a resounding “yes,” a reversal from the rulings previously handed down by the District Court and […]

Wiley Takes Their Dislike of Resellers All The Way to the Supreme Court

Those of you formerly or currently studying for the CPA exam have probably held a Wiley CPA Review book in your hands at some point. Did you ever wonder why the paper was so thin and seemed cheap? Did you think it was your fault when your FAR book magically disintegrated right around the time […]