TaxTrends

Recent Cases
and Rulings

David O’Driscoll, J.D., LL.M.

IN THIS DEPARTMENT

Bankruptcy & Insolvency

IRS explains effect of bankruptcy on assessment SOL: Rev. Rul. 2003-80

Estates, Trusts & Gifts

IRA subdivided into trusts satisfies RMD requirements: LTR 200349009

Gains & Losses

Casualty loss allowed for water damage from washing machine: Cooper, TC Summ. Op.

Individuals

Property settlement payment not deductible alimony: Gamer, TC Summ. Op.; Smith, TC Summ. Op.*

Partners & Partnerships

Beginning of assessment SOL for nonpartnership items: Gingerich, Fed. Cir.

The reports of cases, rulings, etc., herein, except for the Reflections, are edited versions of the relevant court opinion, published ruling, etc.

^*This development, concerning related matters, is covered in the Reflections to the report of the principal item.