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Need To Show Rental Effort To Deduct Expenses

Need To Show Rental Effort To Deduct Expenses

Originally published on Forbes.com Sept 17th, 2014 The Eighth Circuit decision in Donald and Arvilla Meinhardt’s appeal of a Tax Court decision has a very important lesson. I think the way I would put it is “If at first and second and third you don’t...
Montana Catches Non-filer With Property Tax Break

Montana Catches Non-filer With Property Tax Break

Originally published on Forbes.com Sept 16th, 2014 There is a story that you might hear from spiritual teachers or motivational speakers about how to catch a monkey.  Something attractive is put in a tight space into which a hand can be inserted, but from which a...
Grandfather Beats IRS In Tax Court Without Lawyer

Grandfather Beats IRS In Tax Court Without Lawyer

Originally published on Forbes.com Sept 15th, 2014 I always love it when regular taxpayers beat the IRS in Tax Court without using lawyers.  Of course, then I get annoyed with the IRS for chasing the wrong people.  The most recent case of that sort I have noted  is...