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Joint Tenant Not Entitled To First Time Homebuyer Credit
May 26, 2022
Plaintiff ("B") argues that she qualifies for a first time homebuyer credit for her 2010 purchase of real property ("HMP"). The record demonstrates that the...

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Recent Reports

Massachusetts Cannot Tax Foreign Corporation's Capital Gain
May 26, 2022
V was formed in 1999 as an 'S' corporation with its commercial domicile and headquarters in Illinois. V operated call centers in Canada. T was a Massachusetts limited l...
Retail Sales Includes Sales Of Digital Goods
May 26, 2022
TP is a photography business. TP specializes in producing portrait photographs... The Client Service Agreement, (the "Agreement"), includes the following relevant pro...
Ten Year Carry Back Of "SLLs" Denied
May 25, 2022
In Year 3 and Year 4, TP incurred consolidated net operating losses, ("NOLs"). TP validly elected to waive its two-year NOL carry back with an election state...
Non-Custodial Parent Denied Dependency Exemption
May 25, 2022
In 1997, CEK and MEB had a son, EJK. CEK and MEB were never married to each other and maintained separate residences. Pursuan...