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A New York Day Is Like A New York Minute At Least For Taxes

This post was originally published on Forbes Jun 5, 2015 According to the Urban Dictionary a “New York minute” is an instant – the time between when the light changes and the car behind you honks its horn.  If a New York minute is less than a minute,...
Estate Tax And Goodwill From Boston Tax Institute

Estate Tax And Goodwill From Boston Tax Institute

Lucien Gauthier has given me permission to reproduce his email blasts.  Here is the latest. In Estate of Franklin Z. Adell v. Comm., TCM 2014-155 (08/04/14), in light of the fact that the goodwill of a C corporation was attributable to the son of the decedent with...

Failure To File Texas Franchise Tax Form Voids Lawsuit

Texas Districts This post was originally published on Forbes Jun 3, 2015 Everybody knows that bad things can happen if you don’t file tax returns that you are supposed to file. Interest and penalties, seizure of property and in the most extreme cases losing your...
Oregon Tax Court Approves Taxation Of Church Rectory

Oregon Tax Court Approves Taxation Of Church Rectory

This post was originally published on Forbes Jun 2, 2015 As a kid I remember being fascinated by a door in the side of the sanctuary at St. John’s Church in Fairview, NJ. It was very mysterious. Only the priests ever used it.  The explanation was pretty mundane....