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Tax Litigation Is Not The Place For Alternative Facts

Tax Litigation Is Not The Place For Alternative Facts

Originally published on Forbes.com. Trying to qualify as a real estate professional, while holding a substantial day job, is a serious challenge. Most who try fail, but their attempts can be a source of instruction and amusement to the rest of us.  This recent...
Florida Man Runs Afoul Of IRS Basis Rules For S Corporations

Florida Man Runs Afoul Of IRS Basis Rules For S Corporations

Originally published on Forbes.com. You will rarely see a better illustration of Reilly’s Fourth Law of Tax Planning, than the Tax Court’s decision yesterday in the case of William and Amaryllis Tinsley.  The Fourth Law by the way is – Execution...