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Mark V Holmes 360x1000
2paradise
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12albion
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399
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Booth Rental Upheld As Valid Independent Contractor Strategy

Booth Rental Upheld As Valid Independent Contractor Strategy

Originally published on Passive Activities and Other Oxymorons on December 1, 2010 Cheryl A. Mayfield Therapy Center, et al. v. Commissioner, TC Memo 2010-239 I sometimes come up with little rules of thumb to answer fairly complicated questions. One is the...
IRS To Stop Lousing Up Short Sales

IRS To Stop Lousing Up Short Sales

PMTA 2010-058 This was originally published on PAOO on November 29th, 2010. For the latest on this see my follow-up post When I was a kid, my father worked on Wall Street. He was a Senior Order Clerk. I’m not sure whether his job still exists. It was not...
Another Round of Miscellany

Another Round of Miscellany

This was originally published on PAOO on November 29th, 2010. Original source documents appear in RIA and beg to be shared with my vast readership, Repeatedly they are pulled up and labored on. Time passes and more interesting matters easily transform themselves into...
Smart Grid Experiment Participants Qualify For Income Exclusion

Smart Grid Experiment Participants Qualify For Income Exclusion

Private Letter Ruling 201046013, 11/19/2010 This was originally published on PAOO on November 27th, 2010. This merits a brief bonus post. A utility company is engaging in a controlled experiment to determine the effectiveness of a variety of energy saving techniques....
Think Before Filing Joint Returns

Think Before Filing Joint Returns

Eileen L. Pugsley v. Commissioner, TC Memo 2010-255 This was originally published on PAOO on November 26th, 2010. I’ve written before on not reflexively filing joint returns. This case may be a particularly good illustration of the point. It is also one of those...