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Tax Court Got No Splaining to Do But Splaining Anyway

Tax Court Got No Splaining to Do But Splaining Anyway

Originally published on Passive Activities and Other Oxymorons on July 1st, 2011. ____________________________________________________________________________ Scott F. Wnuck v. Commissioner, 136 T.C. No. 24 Mr. Wnuck didn’t think the Tax Court explained itself...
Gifts of California Real Estate – Who’s Gonna Know ?

Gifts of California Real Estate – Who’s Gonna Know ?

Originally published on Passive Activities and Other Oxymorons on June 29th, 2011. ____________________________________________________________________________ IN RE: DOES, Cite as 107 AFTR 2d 2011-XXXX, 05/20/2011 I remember the first tax course I ever took.  It was...
New York Marriage Equality – Tax Implications

New York Marriage Equality – Tax Implications

Originally published on forbes.com on June 29, 2011. __________________________________________________________________ Wedding  Bells for Robin and Terry   I’ve been agonizing over what my first post on the Forbes platform should be. Fortunately, Governor Cuomo and...
Let That Whistle Blow

Let That Whistle Blow

Originally published on Passive Activities and Other Oxymorons on June 27th, 2011. ____________________________________________________________________________ CCA 201117033 The IRS is very careful about disclosing confidential information but if you insist that they...
Unfair Lending

Unfair Lending

Originally published on Passive Activities and Other Oxymorons on June 24th, 2011. ____________________________________________________________________________ CCA 201112008 Being as attached to double entry as any other accountant, I understand the theory behind...