by admin | Jul 24, 2022 | Tax
In Green, or Greed? A Fresh Perspective on the Valuation of Conservation Easements, three Boston University Law professors, Alan Feld, Theodore Sims and Jacob Nielsen give us a fresh perspective on one of the IRS Dirty Dozen. That would be Abusive Syndicated...
by admin | Jul 20, 2022 | Tax
Judge Juan Vasquez in TCM 2022-55 has given us an opinion that has the elements of a really good novel. It is an innocent spouse case. The innocent spouse aspect is rather interesting, but the story of what created the deficiency is even more intriguing. ...
by admin | Jul 17, 2022 | Tax
A large part of my career was dedicated to full tax service for high net worth clients – a sort of family office lite. The clients didn’t like the term family office though, so we didn’t use it around them. One of the things we focused on was...
by admin | Jul 11, 2022 | Uncategorized
An opinion by Tax Court Judge Thomas Wells in the combined cases of Jessica Walters and her parents David and Jean Walters is unusual among hobby loss cases (Section 183). At stake was over $110,000 in tax and penalties for the years 2011 and 2012. The issue was...
by admin | Jun 19, 2022 | Uncategorized
There may be a major turning point in the Year 15 Low Income Housing Tax Credit (LIHTC) controversy with the Sixth Circuit’s opinion in SunAmerica Housing Fund 1050 v Pathway of Pontiac Inc. The Sixth Circuit is taking the Sesame Street approach advanced by not...
