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IRS Wins a Horse Case for a Change

IRS Wins a Horse Case for a Change

Originally Published on forbes.com on January 30th, 2012 ______________________________________ – Peter C. Bronson, et ux. v. Commissioner, TC Memo 2012-17 The poster child for a business activity that the IRS will consider a hobby, denying deduction of net...
Is There a Media Blackout of the Student Loan Crisis ?

Is There a Media Blackout of the Student Loan Crisis ?

Originally Published on forbes.com on January 30th, 2012 ______________________________________ Alan Collinge has given me a couple of great guest posts on the student loan crisis.  They have generated quite a few comments.  Here he is back again questioning media...
Dude Ranch Shareholders Learn What You Do Know Can Hurt You

Dude Ranch Shareholders Learn What You Do Know Can Hurt You

Originally Published on forbes.com on January 13th, 2012 ______________________________________ It never ceases to amaze me that 25 years after the Tax Reform Act of 1986, there is still a significant amount of appreciated property inside closely held C corporations. ...
IRS Eases Up on Abuse Victims

IRS Eases Up on Abuse Victims

Originally Published on forbes.com on January 27th, 2012 ______________________________________ It is a real tragedy that someone can escape an abusive marriage, only to find themselves being pursued by the IRS for the abuser’s tax debts.  How does it happen ? Filing...