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Address On Federal Return Creates State Income Tax Problem

Address On Federal Return Creates State Income Tax Problem

Originally published on Forbes.com. People can be unpleasantly surprised when they find themselves hit with income tax by a state in which they were neither working nor living in the year in question.  One of the reasons that happens is because of a concept called...
Tax Rate Of 137% On Net Disability Settlement

Tax Rate Of 137% On Net Disability Settlement

Originally published on Forbes.com. Disability income is one of those things that creates knotty tax problems for regular people.  Often the results are unfair. That is the way it seemed in the recent Tax Court decision in the case of Michael Nordloh.  He had to...

IRS Offers Estate Tax Relief To Widows And Widowers

Originally published on Forbes.com. The IRS has provided some regulatory relief to the class of people I call moderate millionaires.  Revenue Ruling 2017-34 eases the process for an executor to get relief from having failed to make a timely “portability...

Judge Cites Rapper In Wrap Ruling

Originally published on Forbes.com. At the risk of making my blog less edifying, I find that I want to make note of a Colorado Supreme Court decision – Colorado Department of Revenue v Creager Mercanitile Co, Inc.  It concerns blunts.  I believe that I have a...