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IRS Says Charitable Trust Not Charitable Enough

IRS Says Charitable Trust Not Charitable Enough

Originally published on Forbes.com. The decision in the case of the Estate of Arthur Schaefer made me realize that I had left something out of Reilly’s Laws of Tax Planning. It was a caution about being too aggressive that we used to use at Joseph B Cohan and...
Lu Gauthier Issues Warning About Information Returns

Lu Gauthier Issues Warning About Information Returns

Lu Gauthier has given me permission to publish his email blasts.  This one is particularly important.  Many business owners are not aware of how many vendors they need to be sendng 1099s to.  The stakes just got higher. On 06/29/15, the President signed the Trade...
Does Paper Filing Avoid Identity Theft?

Does Paper Filing Avoid Identity Theft?

Lu Gauthier of Boston Tax Institute has given me permission to reproduce his email blasts. Two practitioners have responded to our request below: one files only PAPER returns and has had NO cases of identity theft; another files about 120 returns electronically and...