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IRS Reminds Newlyweds To Update Tax Information for Smoother Filing
The IRS has advised newly married individuals to review and update their tax information to avoid delays and complications when filing their 2025 income tax returns. Since an individual’s filing sta...
IRS Offers Relief for Individuals Who Missed April Tax Filing Deadline (IR-2025-66)
The IRS has announced several online resources and flexible options for individuals who have not yet filed their federal income tax return for the tax year at issue. Those who owe taxes have been enco...
Court Lacked Jurisdiction to Rule on Innocent Spouse Relief (Fakir, DC Mich.)
A district court lacked jurisdiction to rule on an individual’s innocent spouse relief under Code Sec. 6015(d)(3), in the first instance. The individual and her husband, as taxpayers, were liable f...
LLC Not Entitled to Full Conservation Easement Deduction; Adjusted Basis Limitation Affirmed (Glade Creek Partners, LLC, CA-11)
A limited liability company classified as a TEFRA partnership was not entitled to deduct the full fair market value of a conservation easement under Code Sec. 170. The Court of Appeals affirmed the T...
Married Couple not Entitled to Refund for Depreciation Deduction (Shleifer, DC Fla.)
A married couple was not entitled to a tax refund based on a depreciation deduction for a private jet. The Court found the taxpayers’ amended return failed to state the correct legal basis for the c...
CA - Penalties and interest abatement denied
Taxpayers did not establish a basis to abate an estimated tax penalty, late payment penalty, or interest, despite citing COVID-19-related income fluctuations and payment hardships. The taxpayers advan...
IRS Reminds Newlyweds To Update Tax Information for Smoother Filing
The IRS has advised newly married individuals to review and update their tax information to avoid delays and complications when filing their 2025 income tax returns. Since an individual’s filing sta...
IRS Offers Relief for Individuals Who Missed April Tax Filing Deadline (IR-2025-66)
The IRS has announced several online resources and flexible options for individuals who have not yet filed their federal income tax return for the tax year at issue. Those who owe taxes have been enco...
Court Lacked Jurisdiction to Rule on Innocent Spouse Relief (Fakir, DC Mich.)
A district court lacked jurisdiction to rule on an individual’s innocent spouse relief under Code Sec. 6015(d)(3), in the first instance. The individual and her husband, as taxpayers, were liable f...
LLC Not Entitled to Full Conservation Easement Deduction; Adjusted Basis Limitation Affirmed (Glade Creek Partners, LLC, CA-11)
A limited liability company classified as a TEFRA partnership was not entitled to deduct the full fair market value of a conservation easement under Code Sec. 170. The Court of Appeals affirmed the T...
Married Couple not Entitled to Refund for Depreciation Deduction (Shleifer, DC Fla.)
A married couple was not entitled to a tax refund based on a depreciation deduction for a private jet. The Court found the taxpayers’ amended return failed to state the correct legal basis for the c...
CA - Penalties and interest abatement denied
Taxpayers did not establish a basis to abate an estimated tax penalty, late payment penalty, or interest, despite citing COVID-19-related income fluctuations and payment hardships. The taxpayers advan...

WHITEWOOD & ASSOCIATES

 

 

PROVIDING QUALITY TAX & BUSINESS SERVICES

 

We Are Committed to Helping You Minimize Your Anxiety and Tax Burdens

Whitewood & Associates is a professional tax and accounting firm. Our clients’ financial health and peace-of-mind are our priority. We believe the best way to achieve this is through careful planning, knowledge, and appropriate application of all relevant tax codes. We seek to partner with small business entrepreneurs (the risk-takers) to help empower them as the creators of value in our local and national economy.

Marlene deBoisblanc has many years of experience in various accounting and tax roles with hundreds of companies, and was a principal staff accountant at one of the largest tax firms in the Conejo Valley before starting Whitewood & Associates. She is a Fellow of the National Tax Practice Institute™ (NTPI®), and has been practicing in the finance and tax industry since 1979. She works hard to sustain strong relationships and provide ongoing services that strengthen her clients’ financial success.

In addition to providing you with a profile of our firm and the services we provide, this website has been designed to become a helpful resource to you, our valued clients and visitors. As you browse through our website, you will see we have highlighted background information on our firm and the services we provide.

We have also included useful resources such as informative articles (in our Newsletters section) and interactive financial calculators (in our Financial Tools section). In addition, we have taken the time to gather many links to external websites that we think would be of interest to our clients and visitors (in our Links section).

Please feel free to contact us with any questions or comments you may have about your tax situation or new tax laws.

 

 

 

 

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