by admin | Dec 6, 2021 | Tax
The announcement by the United States Attorney’s Office of the Southern District of New York of the indictment of Joshua Burrell on charges of securities fraud, wire fraud and aggravated identity is very saddening. Joshua Burrell was an advocate of making...
by admin | Nov 27, 2021 | Tax
Failure to understand the subtle differences in different sorts of tax entities can lead to disastrous results. Sometimes you can plead with the IRS and they will provide a deus ex machina that will avert the disaster. PLR 202142003 is an example of that sort of IRS...
by admin | Nov 20, 2021 | Tax
The Economic Impact Payments of the CARES Act (Stimulus Payments) went to a lot of people. Even I got one. It was not everybody though. There was an income phaseout, of course, but that’s not all. Among the people excluded were those who did not have a valid...
by admin | Nov 18, 2021 | Tax
If you want a good example of the harm that the brokenness of the IRS is causing, I have a story for you. My brothers and sisters on #TaxTwiter could give you many more stories, but they really don’t have the time that I do. I am going to make up a bit of the...
by admin | Nov 15, 2021 | Books, History
The visit of Marie-Joseph Paul Yves Roch Gilbert du Motier, Marquis de La Fayette (1757-1834) to the United States at the invitation of President James Monroe was an epic event. And in the midst of a bitter Presidential contest, Lafayette stood as a symbol of...