by admin | Nov 4, 2022 | Tax
Judge Cary Douglas Pugh of the United States Tax Court has allowed $7,834,091 of a $10,427,435 charitable deduction claimed by Champions Retreat Golf Founders LLC on its 2010 tax return. Given that the IRS wanted to allow $20,000 that seems like a pretty good result...
by admin | Oct 28, 2022 | Tax
Law professors Kathleen DeLaney Thomas and Erin Scharff have given us a great tour of tax misinformation in the digital age with Fake News and the Tax Law (available on SSRN), It has never been easier to get accurate tax information than it is now. ...
by admin | Oct 15, 2022 | Tax
The sentencing of Joshua Burrell to 48 months in federal prison is the sad ending to what started out as an optimistic story about opportunity zones living up to the vision that Sean Parker must have had when he backed the idea. As I reported in the story on his...
by admin | Oct 4, 2022 | Tax
The National Republican Senatorial Committee blasts on its website ICYMI // How Raphael Warnock Dodges Income Taxes. Are they seeking to win some sort of award for hypocrisy? When the Seventh Circuit was considering the constitutionality of the income tax exclusion...
by admin | Oct 3, 2022 | Tax
New York Attorney General Letitia James’ complaint against Donald Trump, Donald Trump Jr., Eric Trump, Ivanka Trump, Allen Wesselberg, Jeffrey McConney and ten entities including the Trump Organization is not mainly focused on taxes. It is mostly about Trump...
