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IRS Leans On LA Tax Assessors For Land Building Allocation

IRS Leans On LA Tax Assessors For Land Building Allocation

Originally published on Forbes.com. One of the little puzzles that you have when dealing with rental real estate is the problem of allocation between depreciable and non-depreciable property – land and building. In the more advanced classes, we can get into the...
Mississippi Taxing – Nuclear Power And Accusations Of Racism

Mississippi Taxing – Nuclear Power And Accusations Of Racism

Originally published on Forbes.com. Claiborne County,  Mississippi is home to the Grand Gulf Nuclear Generating Station operated by Entergy.  Having one of those things in the neighborhood is a little nerve wracking.  The Nuclear Regulatory Agency defines a plume...
Marijuana Retailer Not Protected From IRS Summons

Marijuana Retailer Not Protected From IRS Summons

Originally published on Forbes.com. The Green Solution Retail Inc does not want the IRS poking around in its records.  Its appeal to the Tenth Circuit did not go well.  Green Solution is located in Aurora, Colorado and it will help you get your marijuana in classy...