Tag Archives: Earned

Income Earned by Child Taxed to Parent

If a minor child earns income, is the income taxable to the parent or the child?  There have been quite a few tax disputes involving this question.  The Ray v. Commissioner, T.C. Memo. 2018-160 court case provides an opportunity to consider … Continue reading

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Can a Professional Gambler Take the Foreign Earned Income Exclusion?

I was asked that question this past week: Can a professional gambler take the Foreign Earned Income Exclusion? The Exclusion allows one to exclude about $100,000 of income from income tax. The IRS website (which is quite good) has a … Continue reading

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Late Filed Foreign Earned Income Exclusion

Foreign Earned Income Exclusion – Late Elections Can the foreign earned income exclusion be elected on a late-filed return? Redfield v. Comm’r, T.C. Memo 2017-71 (T.C. April 26, 2017) answers this question. Facts Below are the facts in the case: … Continue reading

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Foreign Earned Income Exclusion Example (2018) – IRS FEIE Instructions

Foreign Earned Income Exclusion Example (2018) – IRS FEIE Instructions Foreign Earned Income Exclusion Example (2018) – IRS FEIE Instructions by Golding & Golding When a person qualifies for the Foreign Earned Income Exclusion (FEIE) using IRS Form 2555 then may … Continue reading

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CVN Georgia's Plaintiff's Attorney of 2017 Earned Honor With Verdict Topping $45M

CVN cameras covered a full lineup of blockbuster verdicts won by many of the top plaintiff’s attorneys in Georgia this year. The recipient of our 2017 Georgia Plaintiff’s Attorney of the Year honor spearheaded a $45 million-plus verdict in a … Continue reading

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