After Beyonce Failed To Work It Out With IRS, She Filed A Petition In Tax Court

Malaysia News News

After Beyonce Failed To Work It Out With IRS, She Filed A Petition In Tax Court
Malaysia Latest News,Malaysia Headlines
  • 📰 Forbes
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

After Beyonce Failed To Work It Out With IRS, She Filed A Petition In Tax Court by taxgirl

It's not unusual for high-earning married taxpayers to file their taxes separately. California, where the Carters live according to Knowles-Carter's tax return, has the added complication of being a community property state. When filing a separate return in the Golden State, each spouse reports one-half of community income plus their individual income.The Notice of Deficiency is what triggered the petition.

A Tax Court action begins with the filing of a petition. A filing fee must accompany the petition—that's. Once the petition has been filed, a taxpayer typically won't have to pay the underlying tax until the case has been decided. Cases are scheduled for trial as soon as possible. Don't expect a televised trial à la Gwyneth Paltrow's ski suit. Most Tax Court cases are settled by agreement without going to trial. But if a matter goes to trial, it's usually a relatively quiet affair in front of a single judge—there's no jury.

While taxpayers may represent themselves in Tax Court, Knowles-Carter is represented by Michael C. Cohen of De Castro, West, Chodorow, Mendler & Glickfeld, Inc. A request for comment from Cohen was not immediately returned.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Forbes /  🏆 394. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Power of Hybrid Tax Operations - SPONSOR CONTENT FROM DELOITTE GLOBAL TAXThe Power of Hybrid Tax Operations - SPONSOR CONTENT FROM DELOITTE GLOBAL TAXSPONSORED: The Power of Hybrid Tax Operations Deloitte
Read more »

Illinois Court Clears the Way for Trump to Get $1M in Property Tax RefundsIllinois Court Clears the Way for Trump to Get $1M in Property Tax RefundsA refund for the overvaluation of Donald Trump’s Chicago skyscraper will come out of the funds that were expected to go to the city, including its public school system.
Read more »

Supreme court declines oil companies' request to shift climate suits to federal courtThe U.S. Supreme Court declined Monday to hear arguments from oil companies on why a...
Read more »

Appeals court affirms lower court rulings in favor of Apple's App Store against Epic GamesAppeals court affirms lower court rulings in favor of Apple's App Store against Epic GamesThe U.S. Ninth Circuit Court of Appeals mostly affirmed a lower court ruling in favor of Apple in a suit filed by Epic Games.
Read more »

Idaho Supreme Court dismisses appeal of Bryan Kohberger gag order, deciding it belongs in lower courtIdaho Supreme Court dismisses appeal of Bryan Kohberger gag order, deciding it belongs in lower courtIdaho's Supreme Court has rejected a media coalition's appeal of the Bryan Kohberger gag order, finding that it should have been filed in a lesser court.
Read more »

11 Major Concerts and Music Festivals in the DC Area This Summer11 Major Concerts and Music Festivals in the DC Area This SummerBeyoncé, Drake, and Pink are among the big artists coming to Washington.
Read more »



Render Time: 2025-02-27 22:16:04