Category: Tax

ROUTE 231, LLC, JOHN D. CARR, TAX MATTERS PARTNER v. COMMISSIONER OF INTERNAL REVENUE, NO. 14-1983

Decided: January 8, 2016 The Fourth Circuit affirmed the decision of the Tax Court This case stemmed from Route 231’s filing of its federal tax return in 2005, and the Commissioner of the IRS issued a Final Partnership Administrative adjustment (“FPAA”) stating that one of its transactions from its member...

NAT’L ORG. FOR MARRIAGE v. U.S., NO. 14-2363

  Decided: December 2, 2015   The Fourth Circuit affirmed the district court’s denial for the National Organization for Marriage (NOM) to collect attorneys’ fees because the government’s litigation position was “substantially justified” showing NOM was not a “prevailing party” under the statute.   NOM is a tax-exempt, nonprofit organization...

Montgomery County v. Federal National Mortgage Association, Nos. 13-1691; 13-1752

Decided: January 27, 2014 The Fourth Circuit combined two similar cases from the district courts of South Carolina and Maryland to consider whether the Federal National Mortgage Associate (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) are exempt from paying state and local taxes on the transfer...