by admin | Jan 5, 2022 | Guest Post, Tax
If you read my stuff I really appreciate it. And I hope you like it. I care about whether you like it. To be honest though I don’t care that much. There are really only four people that I care a lot about whether they like my writing. One of them is at...
by admin | Jan 4, 2022 | Tax
Judge Urda picked the shortest day of the year to issue an opinion that can serve as a Christmas present to taxpayers vulnerable to Code Section 183, the hobby loss rule. William R. Huff TCM 2021-140 is the first, and likely the only, taxpayer victory in a Section...
by admin | Jan 1, 2022 | History, Tax
One of those “deja vu all over again” periods is going on with a sudden outbreak of inflation. According to the historical inflation rates table at US Inflation Calculator, we were at 4.2% in April 2021, over 5% May to September, 6.2% in October and 6.8%...
by admin | Dec 30, 2021 | Tax
Almost immediately after I posted my roundup on Section 183 (hobby loss) developments Judge Lauber, Scholar Al, as Lew Taishoff refers to him, dropped a major hobby loss opinion on us- Mitchel Skolnick TCM 2021-139. IRS was looking to deny over $3,000,000 in losses...
by admin | Dec 24, 2021 | History, Tax
Aegis For Dreams sounds like it will be a great movie. It is about the relationship between Alexander Hamilton and George Washington and that relationship’s importance in the American struggle for independence. Lafayette another surrogate son of the childless...
