by admin | Jun 11, 2023 | Tax
Lance Wallach is an expert on abusive tax transactions – in a good way. He warns people about them and then helps the ones who didn’t hear his warnings or did not take the warnings seriously enough. A couple of weeks ago he called me to encourage me to...
by admin | Jun 2, 2023 | Tax
This is an update of my hobby loss roundup on March 26, 2024. Previous update was June 2, 2023. I should note that my new book Reilly’s Laws of Tax Planning (& Life!) includes a chapter on hobby loss cases which are the basis of the eighteenth law....
by admin | May 31, 2023 | Tax
Last week I told you about alternative tax thinker Brian Swanson. Others might call Brian a tax protester, which is how Wikipedia refers to someone who claims the tax laws are unconstitutional or otherwise invalid. Less than an hour after I pushed publish I found that...
by admin | May 26, 2023 | Tax
The conventional term for someone like Brian Swanson is tax protester, which Wikipedia defines as someone who refuses to pay a tax claiming that the tax laws are unconstitutional or otherwise invalid. In 1998 Congress forbade IRS from designating people...
by admin | May 10, 2023 | Tax
The dispute between certain owners of interests in low income housing projects and not for profit sponsors has taken an ugly turn. AMTAX Holdings 227, LLC has filed suit in the United States District Court for the Southern District of New York against accounting firm...
