Paul L. Caron
Dean
Pepperdine Caruso
School of Law
constructive receipt
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Lesson From The Tax Court: The Actual Payment Doctrine
Today is a lesson in timing. When I teach timing I emphasize to my students that they must analyze income items separately from deduction items. Today is an example of how the analysis applicable to inclusion can be different from the analysis applicable to deductions. As to income, we all know about the constructive receipt…
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Lesson From The Tax Court: Generally Is Not Always—Or—That’s The Way The Ball Bounces
We law professors are often accused of hiding the ball of legal analysis. Teaching the basic tax law course presents a particular challenge because of the multiplicity of statutory rules that the ball bounces against. We try to teach students the general rules of what constitutes income, what gets allowed as deductions, when both must…