1empireofpain
Maria Popova 360x1000
199
James Gould Cozzens 360x1000
11632
storyparadox2
Gilgamesh 360x1000
299
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lifeinmiddlemarch2
9albion
5albion
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2trap
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399
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Nonrecognition On Divorce Transfers Hurts Receiving Spouse

Nonrecognition On Divorce Transfers Hurts Receiving Spouse

Originally published on Forbes.com May 7th, 2014 When you transfer property to your spouse or a former spouse incident to a divorce, no gain or loss is recognized.  It has been that way since 1984.  It’s a good rule that makes things simpler.  There is a...
IRS Cannot Levy Tribal Payments

IRS Cannot Levy Tribal Payments

  Originally published on Forbes.com May 6th, 2014 I find it is more fun to read tax cases if I root for one side or the other.  My principles of rooting are that I root for the taxpayer unless he or she is being really lame-brained.   I will always root for...
Doing The Civil War Sesquicentennial In Real Time

Doing The Civil War Sesquicentennial In Real Time

I can’t quite say for certain what moved me to visit Antietam on September 17, 2012.  It was the first time in over thirty years that I took off from work on a big due date.  (September 15 is when extended corporate tax returns are due).  Even after 9/11,...
Tax Denier Wins Damage Claim Against IRS Levy – Kind Of

Tax Denier Wins Damage Claim Against IRS Levy – Kind Of

Originally published on Forbes.com May 2nd, 2014 People who argue that wages are not taxable income generally do not fare well when they make those arguments in federal court.   Having one of them win a damage claim against the IRS for fumbling a levy is something...