by admin | Aug 11, 2022 | Tax
Introducing a new guest on Your Tax Matters Partner. Mike Sylvester has some idea about how the IRS should spend the new money that will be coming its way. The Inflation Reduction Act (IRA) H.R. 5376 is unlikely to change and will likely be signed into law by...
by admin | Aug 10, 2022 | Tax
US Tax Court Chief Judge Kathleen Kerrigan’s order and decision recognizing Aegis For Dreams Foundation as a 501(c)(3) organization effective July 2, 2022 is the best tax news I have heard this year. Matthew Ryan, currently the foundation’s sole trustee,...
by admin | Jul 27, 2022 | Tax
The rules for substantiation of charitable deductions are very strict with extra layers when a donor advised fund or property donations are involved. You can get a pretty good feel for how things can go badly wrong from a recent opinion by Judge Jane Boyle of the...
by admin | Jul 24, 2022 | Tax
In Green, or Greed? A Fresh Perspective on the Valuation of Conservation Easements, three Boston University Law professors, Alan Feld, Theodore Sims and Jacob Nielsen give us a fresh perspective on one of the IRS Dirty Dozen. That would be Abusive Syndicated...
by admin | Jul 20, 2022 | Tax
Judge Juan Vasquez in TCM 2022-55 has given us an opinion that has the elements of a really good novel. It is an innocent spouse case. The innocent spouse aspect is rather interesting, but the story of what created the deficiency is even more intriguing. ...