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Let’s Be Counted Early and Often

Let’s Be Counted Early and Often

This was originally published on PAOO on 3/24/10. So two weeks ago I got a note letting me know the census form is on the way. Nice little bit of excitement. Last week it arrived. More anticipation. They want to know who is living in my place on April 1. They also...
Listen Pete Reilly Has Come Unstuck in Time

Listen Pete Reilly Has Come Unstuck in Time

This was originally published on PAOO on 3/8/10 It started when I was trying to figure out why I found Avatar so upsetting. It happens that I have no central vision in my left eye. Besides making it difficult to parallel park and hammer nails the lack of natural depth...
IRS Lactation Intolerant

IRS Lactation Intolerant

This was published on PAOO on January 11, 2010. PLR 200941003 Somebody once told me about a tax attorney who was presented with a question that he found extremely interesting. His comment was “That is an extremely interesting question. I hope we will have a client...
Last Minute Goal by Taxpayers Makes FLP Hockey a Draw for 2009

Last Minute Goal by Taxpayers Makes FLP Hockey a Draw for 2009

Originally published on PAOO on December 31, 2009. The Estate of Samuel Black is another win for taxpayers on the issue of whether interests in family limited partnerships should be valued based on the fair market value of the underlying assets or the partnership...
Cohan Rules

Cohan Rules

  Originally published in PAOO December 30, 2009. Every tax geek who visits New York should be sure to stop at Times Square to pay respects to the founder of one of our great principles – The Cohan Rule.  As a Broadway producer Cohan had to spend lots of...