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IRS Plays Sore Winner In House Burning Charity Case

IRS Plays Sore Winner In House Burning Charity Case

This is a follow-up to a July story about a couple that tried to get a charitable deduction for turning a “tear down” into a “burn down”.  What happened is that they bought land with a house on it, but they wanted a different house.  Rather...
Why Phil Mickelson’s Remark Was Really Dumb

Why Phil Mickelson’s Remark Was Really Dumb

Phil Mickelson has created a storm of controversy by his comment that he was considering making drastic changes because of the onerous tax rate that he is now subject to.  Then he apologized creating more controversy.  I think it was a stupid remark, but not for the...
Why Phil Mickelson’s Remark Was Really Dumb

Why Phil Mickelson’s Remark Was Really Dumb

Phil Mickelson has created a storm of controversy by his comment that he was considering making drastic changes because of the onerous tax rate that he is now subject to.  Then he apologized creating more controversy.  I think it was a stupid remark, but not for the...
Tax Planning – Repairman Jack Style

Tax Planning – Repairman Jack Style

There is only one guy who refuses to file tax returns that I have unswerving admiration for.  His name is Jack.  Just Jack.  He’ll give you a last name if you insist.  He has lots of them.  Jack’s designation as a “repairman” is metaphorical. ...
White House Blows Smoke At Pot Petitions

White House Blows Smoke At Pot Petitions

  We The People, the White House petition site, had two marijuana petitions up.  One petition was to remove marijuana from the Controlled Substance Act and the other petition was to “federally legalize marijuana”.  The threshold for a formal response...