Title: 2021 September/October EA Journal Exam
IRS Program Number: X9QQU-T-00734-21-S
CE: 2


Code Section 1341 to the Rescue!
Keith A. Espinoza, EA
This article examines which payments over a certain threshold are still deductible and an alternate way to decrease the tax even without deducting these repayments.

Assessable Penalties and Abating Them
David Woods, EA
This articleprovides an overview ofUnited States tax system penalties, what they are, how and when they are imposed, and what defenses are available to successfully challenge these penalties.

Calling for Backup: When Do You (or Your Clients) Need to Bring in Counsel?
Caroline D. Ciraolo
This articlediscusses when should an enrolled agent seek the assistance of, or transfer a matter to, a tax attorney.

Tax News Briefs (formerly Your Questions Answered)TheTaxBook
This article discussesrecent Tax Court cases of interest including the Ninth Circuit Court of Appeals’ ruling that a taxpayer’s gambling losses do not qualify as deductible casualty losses.

Tax Court
Can a Taxpayer Deduct Payments if No Form 1099 Is Issued?
Thomas A. Gorczynski, EA, USTCP
This article examines perspectives related to documentation of payments to contractors that are important to both tax return preparation and representation.