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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...
Tax Court Views Ballpark Guesstimates As Fields Of Dreams

Tax Court Views Ballpark Guesstimates As Fields Of Dreams

Originally published on Forbes.com April 16th, 2014 Ballpark guesstimate” (BG) is a lovely term. It lets you know that although there is some affinity between the number thrown out and the “exact number”.  Even if it turns out they are not in the...