Peter Reilly

Peter Reilly

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CPA and tax columnist—practical planning, compliance nuances, and case‑driven insights.

Kwong Decision May Spark Wave of Form 843 Claims
SocialMay 3, 2026

Kwong Decision May Spark Wave of Form 843 Claims

The buzz around the Kwong v. United States decision is quickly turning into something very real for practitioners: potentially a wave of Form 843 claims tied to COVID-era penalties and interest. With voices like Frank Agostino pushing for action, the...

By Peter Reilly
Margaret Fuller Bronze Sculpture Donated to Concord Library
SocialApr 27, 2026

Margaret Fuller Bronze Sculpture Donated to Concord Library

Check out Life-Size Bronze Sculpture of Margaret Fuller Donated to Concord Free Public Library https://t.co/mt2RXNx7sJ via @finebooks

By Peter Reilly
COVID‑Suspended Interest Rules Revive 843 Refund Strategy
SocialApr 25, 2026

COVID‑Suspended Interest Rules Revive 843 Refund Strategy

#TaxTwitter I am getting a little more excited about 843s under the Fleisher theory. This is the idea that interest limiting exceptions were suspended during COVID most notably 45 day rule and no interest till you file. On the...

By Peter Reilly
Jones Day's Pro‑Industry Brief Sparks Appellate Curiosity
SocialApr 25, 2026

Jones Day's Pro‑Industry Brief Sparks Appellate Curiosity

I am impressed that Jones Day managed to come up with anything that supports the easement syndication industry's view of the world. I am looking forward to see what the appellate court makes of it. https://t.co/8UkCT0NPy7

By Peter Reilly
Most Taxpayers Unaware of Kwong Refund Deadline
SocialApr 25, 2026

Most Taxpayers Unaware of Kwong Refund Deadline

#TaxTwitter - Hey what is up with everybody? I tried a survey asking how many Kwong inspired 843s people expected to be involved with and nobody answered. There was one comment. So how aware are people that there...

By Peter Reilly
Jones Day Backs Easement Syndication; Appellate Review Awaited
SocialApr 17, 2026

Jones Day Backs Easement Syndication; Appellate Review Awaited

I am impressed that Jones Day managed to come up with anything that supports the easement syndication industry's view of the world. I am looking forward to see what the appellate court makes of it. https://t.co/8UkCT0NPy7

By Peter Reilly
Free Highly-Rated Tax Compliance Guide Now Available
SocialApr 17, 2026

Free Highly-Rated Tax Compliance Guide Now Available

#TaxTwitter My article on tax compliance that @tonynovak rates high is available free here https://t.co/67NFKLcdho

By Peter Reilly
Jones Day's Pro‑Industry Brief Sparks Appellate Curiosity
SocialApr 9, 2026

Jones Day's Pro‑Industry Brief Sparks Appellate Curiosity

I am impressed that Jones Day managed to come up with anything that supports the easement syndication industry's view of the world. I am looking forward to see what the appellate court makes of it. https://t.co/8UkCT0OnnF

By Peter Reilly
Easements Represent a Fractional Property Right, Valued Proportionally
SocialApr 8, 2026

Easements Represent a Fractional Property Right, Valued Proportionally

https://t.co/C38z4vpXzp The ownership of land is a bundle of rights. When you donate an easement you are giving away part of the bundle not the whole bundle. So an easement will be worth a percentage of what was paid for the...

By Peter Reilly
Peter Reilly | Pulse