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And who chooses how to value unique, innovative and visionary work?
by mannanj 5mo ago
And who chooses how to value unique, innovative and visionary work?
- singleshot_ 5mo agoArticle 1 judges in US Tax Court?
- bryanlarsen 5mo agoAnd the judges are likely to be looking for good faith as much or more than technical accuracy in the valuation. So the IRS is not going to bring you in front of the tax judge unless they have evidence of bad faith. OTOH, most work is not "unique, innovative and visionary" and has a relatively transparent fair market value.
- singleshot_ 5mo agoTypically how it works is you pay the taxes assessed, then you sue in Tax Court.