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Pastor Loses Parsonage Exclusion To Poor Planning

Pastor Loses Parsonage Exclusion To Poor Planning

Originally published on Forbes.com July 31st, 2013 Reverend Ricky Williams asked the Tax Court to allow him to exclude $33,126 of his $101,733 compensation as a housing allowance.  The Tax Court said no, but if you are not familiar with Code Section 107, you might be...
Would Eliminating The Property Tax Deduction Be A Big Deal?

Would Eliminating The Property Tax Deduction Be A Big Deal?

Originally published on Forbes.com July 30th, 2013 This just in from the Tax Foundation: This week, the Senate Finance Committee is considering the elimination of major tax expenditures as a starting point for a comprehensive reform effort, including the property tax...
Woman CPA Sees Little Progress In A Generation

Woman CPA Sees Little Progress In A Generation

Originally published on Forbes.com July 29th, 2013 Now that I am doing a third post on the subject, maybe I can call it a series on why women are underrepresented in the high places of public accounting.  In the last installment we heard from   Diane Gilabert, who is...
Hard For Snow Birds To Avoid New York Tax

Hard For Snow Birds To Avoid New York Tax

Originally published on Forbes.com July 29th, 2013 Florida is the state tax haven of the East Coast.  My covivant was just telling me that one of her contra dancing partners was trying to make a case for New Hampshire, because New Hampshire makes it easier for you to...
Second Circuit WorldCom Decision Evokes Nostalgia For Dialup

Second Circuit WorldCom Decision Evokes Nostalgia For Dialup

Originally published on Forbes.com July 28th, 2013 It is somewhat odd to fit Internet technology into a statutory definition that has not been updated since the Mad Men era. The Second Circuit’s recent decision (IRS v WorldCom) is fraught with nostalgia.  The...