by admin | Nov 13, 2023 | Tax
Judge David Gustafson injected a good dose of common sense into the ongoing struggle between the IRS and the syndicators of conservation easements. His opinion in Mill Road 36 Henry LLC lays bare the nonsense that has created the syndicated conservation easement...
by admin | Nov 9, 2023 | Tax
Considering how soon Halloween comes after October 15 (October 16 in 2023), the extended due date for individual returns, having a tax horror story now seems really appropriate. The horror story came out on October 24 with the Eleventh Circuit decision in the case of...
by admin | Nov 9, 2023 | Tax
Seems like everything becomes a tax story eventually and so it goes with the colorful controversial Jack H Owoc and his Vital Pharmaceuticals best known for its Bang Energy line of drinks. There has been controversy about the Pepsi distribution deal, what exactly is...
by admin | Nov 1, 2023 | Uncategorized
This table comes from the Tax Court decision in Mill Road 36 Henry LLC. In each case promoters applied for conditional zoning approval to build an assisted living facility in Henry County GA. They then brought in investors and donated a conservation easement rater...
by admin | Oct 23, 2023 | Tax
I had a hard time figuring out how to respond to a piece by the Editorial Board of the Wall Street Journal – A Case of Tax Fraud – at the IRS (Agent backdated documents to punish legal deductions). They were referring to an IRS screwup that has gotten a...
