This course discusses recent judicial and administrative tax decisions impacting individuals and pass-through entities. A brief review of the judicial and administrative tax system includes a discussion of which court a taxpayer should use when an administrative remedy cannot be reached after an IRS audit.

A review of salient court cases includes the following topics:

  • What is included/excluded in gross income?
  • What deductions are allowed from gross income based upon whether an activity is “engaged in for profit” or a “passive activity,” and whether the expense is a “pre-opening” or “start-up” expense, an “ordinary and necessary business expense,” is “adequately substantiated,” and is not a personal expense.
  • Deductions from gross income, including limits on charitable contribution deductions.
  • Trust fund tax penalties, including determining who is a “responsible person” for paying federal employment taxes.
  • Tax Administration issues including relief from joint and several liability, and “innocent spouse” relief on a married filing jointly tax return.
  • Tax penalties for: failure to file/pay, filing a frivolous tax return, fraud, negligence, gross valuation misstatement, and the Foreign Bank and Financial Account (FBAR) reporting penalty.

This course also discusses how to avoid/minimize common mistakes made when filing a tax return.

Learning Objectives
  • Identify and understand how the court system works when appealing an unfavorable IRS audit determination, and how the IRS administers the tax laws.
  • Explore and understand the definition of gross income.
  • Discover and understand the limitations on deducting expenses from gross income.
  • Identify and understand the requirements for itemizing deductions and claiming the charitable contribution deduction.
  • Discover and understand the tax liability of a “responsible person” for unpaid trust fund taxes and the role penalties play in the administration of federal tax law.
Last updated/reviewed: March 20, 2024
28 Reviews (151 ratings)

Reviews

4
Anonymous Author
This class surprised me because the content was focused on the tax cases settled in 2022, not the 2022 tax law changes. However, I enjoyed learning from the multiple tax cases shared by the instructor.

5
Anonymous Author
This course provides a great picture of how tax laws are are actually administered and enforced. There are a lot of topics covered but I found the content to be meaningful and interesting.

4
Member's Profile
I like the court case reviews, these are very relatable to what I do day-to-day. I did not like some missing levels of detail on complex topics, but that is just a time limitation.

4
Anonymous Author
This is a good course that covers many tax cases and penalties, but it doesn't really cover 2022 tax updates as I expected. For what it covers however, it is very good.

4
Anonymous Author
I think the supporting materials could have done a better job of supporting the presentation. Review and exam questions were clear and concise.

4
Member's Profile
The instructor is very knowledgeable. The subject is complex so some topics were just briefly touched on, but overall a great refresher

5
Anonymous Author
Very informative and gave great examples and court cases that provided insight into how things would be handled in each scenario.

5
Anonymous Author
Thought provoking course. Very helpful with practical examples. Considering updating title to reflect inclusion of tax cases.

4
Anonymous Author
Slides are pretty busy with a lot of complex info to follow - would be better to have simpler slides accompany the talk track.

5
Anonymous Author
One of the most interesting tax courses I've taken. The case examples were excellent and made the learning more real-world.

5
Anonymous Author
Excellent course with examples of recent cases that helps get a better understanding of the different topics discussed.

4
Anonymous Author
Not a comprehensive review of federal tax regulations, cases, and legislation, but includes some good topics and cases.

4
Member's Profile
Specific case examples helped to understand the course material. Good refresher on the basic judicial and tax system.

5
Member's Profile
Quality information on the minutia related to deductions from income and various penalties imposed by the IRS.

5
Member's Profile
Great course! Thanks for researching so many interesting tax cases and summarizing. Really great content!

4
Anonymous Author
I liked the course and it was interesting to listen to the rationale and outcomes in the various cases.

4
Member's Profile
Interesting course with all the examples which gave a great model to interpret and learn the law.

5
Anonymous Author
great information, helpful to every one - student, professional, or just interested parties

5
Anonymous Author
There was a good breakout of the content, applying real life scenarios. This was helpful.

3
Anonymous Author
I enjoyed this course and am glad I participated. I would recommend this course.

5
Member's Profile
It was a great course. Very clear and interesting information. Thank you !!!!!

5
Anonymous Author
Fantastic update. Loved all of the real world examples through court cases

5
Member's Profile
useful overview. helpful. good content. thorough explanation

5
Anonymous Author
Interesting cases to note. Stiff penalties for non-compliance

5
Member's Profile
Good course. Instructor is interesting and easy to follow.

5
Anonymous Author
Great content and course. Very informative! I recommend it!

5
Anonymous Author
Really enjoy this presenter and the content was good.

5
Member's Profile
Good, concise information provided on the subject.

Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to 2022 Federal Tax Update1:52
PART I - FEDERAL SYATEMS
  Federal Judicial System1:10
  Federal Tax Administration System2:06
PART II - TAX CASES
  Gross Income8:34
  Deduction from Gross Income17:54
  Deduction from Adjusted Gross Income12:28
  Trust Fund Tax Penalties14:00
  Tax Administration9:28
  Civil and Criminal Penalties16:46
  FBAR Penalties7:22
  Conclusion10:56
CONTINUOUS PLAY
  2022 Federal Tax Update1:43:46
SUPPORTING MATERIAL
  Slides: 2022 Federal Tax UpdatePDF
  2022 Federal Tax Update Glossary/IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam