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Horse Breeder/Lawyer Wins In Tax Court. Was It Worth It?

Horse Breeder/Lawyer Wins In Tax Court. Was It Worth It?

Originally published on Forbes.com. April 23rd, 2014 Horse cases are usually about Section 183 (hobby loss).  Although the heading notes of the case indicate that Stefan Tolin may have been facing a hobby loss challenge, apparently he managed to convince the IRS that...
IRS Chief Counsel Has To Decide If Nail Polish Is A Luxury

IRS Chief Counsel Has To Decide If Nail Polish Is A Luxury

Originally published on Forbes.com April 18th, 2014 The IRS Office of Chief Counsel probably has some of the smartest lawyers in the country working in it.  Some of the odd provisions of the Tax Code have them answering questions that might be better handled by other...