How to distinguish between income from transactions undertaken as a hobby or in the course of a business, and between different kinds of activities.
Sifting through hundreds of irrelevant cases is time-consuming and there’s still the very real risk that you’ll miss the relevant material you’re looking for.
The complexity and novelty of the TOSI, in combination with its tax consequences affecting a wide range of private business structures, present several challenges for tax professionals.
We’re excited to announce the launch of a new and improved Blue J Tax (formerly known as Tax Foresight). These updates reflect our commitment to provide
We compare Excel and Blue J Diagramming to see which diagramming solution is the best for accountants and lawyers today...
We interviewed Alix Lapkovsky, as part of a series of deskside chats with top Associates at American firms leading the way in innovation.
23% of large law firms surveyed in a recent report by Thomson Reuters said that they had lost expected client business to one of the Big Four.
Learn about the considerations relating to the classification of gain or loss from the disposition of real estate other than a taxpayer’s principal residence.
A webinar that explores determination of a business vs. property, as applied in the AI-powered tax outcome prediction software, Tax Foresight.
Does an intermediary service constitute arranging for a financial service, such that it is an exempt or zero-rated supply for GST/HST purposes?
Is the central management and control of a corporation in Canada such that the corporation will be considered a resident in Canada for tax purposes?
Are expenses related to work space in the home deductible from income for tax purposes? Our tax classifier clarifies any ambiguity around working from home.
Does a United States resident have a permanent establishment in Canada pursuant to paragraph 1 or paragraph 5 of Article V of the Canada-US Tax Treaty?
Does a transaction including different elements consist of a single supply or multiple supplies under the Excise Tax Act (ETA)? Find out in this webinar.
Are gains from trading in securities taxable as income from business or as capital gains? Our AI-powered software helps you answer this question.
Blue J Predictor. This primer discusses how to determine whether real property may be considered a capital asset for federal tax purposes...
An overview of debt vs equity in a tax planning context. What factors need to be considered and how can you optimize the outcomes for your clients?
A guide to determining U.S. residency for clients, as there may be significant tax implications if they are found to be a resident alien. learn more
A guide on applying economic substance, an anti-abuse doctrine that analyzes suspect business transactions for a motive other than the obtaining of a tax...
Tax practitioners are often tasked with answering the threshold question of whether their foreign clients have carried on “a trade or business within the U.S.”
Determining the deductibility of a trade or business expense has consistently remained one of the top ten most litigated issues before the U.S. Tax Courts
the Internal Revenue Code (IRC) provides that certain sales or exchanges are not federally taxable events. One example is a § 368 corporate reorganization.
§ 6662 of the IRC imposes an ARP on persons who have underpaid their income tax as a result of certain enumerated circumstances including, but not limited to...
This month’s installment examines The Tax Court’s decision in Reserve Mechanical and the strength of its appeal on the issue. section 501(c)(15).
The R&D credit is a valuable tax incentive, and businesses want to do whatever they can to increase their chances of qualifying for it.
How machine learning predicts court decisions in tax law cases with 90% accuracy, focusing on §6672 of the Internal Revenue Code. The algorithm analyzes...
U.S. residents are now required to report income earned by controlled foreign corporations, subject to various exclusions, including newly-enacted GILTI.
The accuracy-related penalty is likely to remain the most-litigated federal tax issue in light of the TCJA's recent changes to the IRC...
Economic substance remains a frequently litigated, complex issue. Machine learning can provide unparalleled insights and clarity into the law.
Sign up for the Blue J newsletter today.
Whether you have questions or are interested in booking a demo, we would love to hear from you.
