Home is Not Where the Heart Is - Section 162(a)(2) - Ed Zollars

Cases, Rulings, Regulations

English - April 27, 2007 02:19 - 10.8 MB - ★★★★★ - 1 rating
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This PodCast is about travel deductions. A taxpayer without a regular place of business can still obtain a deduction for travel away from home if the taxpayer can establish that he/she has a home. In two cases (Jason Ayala v. Commissioner and Manuel Ayala, Jr. v. Commissioner) the taxpayers failed to show they had a home and lost the deduction. But the IRS also failed in its attempt to assess a negligence penalty on these taxpayers.

The materials for the podcast can be downloaded from http://www.edzollars.com/2007-04-27_Home.pdf .

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Books Referenced

Where the Heart Is