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Partnership Tax Returns – Why Do We Even Bother?

Partnership Tax Returns – Why Do We Even Bother?

  Originally published on Forbes.com. The recent report titled The Use of Schedule K-1 Data to Address Taxpayer Noncompliance Can Be Improved from the Treasury Inspector General For Tax Administration (TIGTA) has me demoralized. A good part of my career was...
Tax Court Can’t Order IRS To Not Jerk People Around

Tax Court Can’t Order IRS To Not Jerk People Around

Originally published on Forbes.com. Jeffrey Davis is my new hero. From the record in Judge Ruwe’s Tax Court opinion, it appears that he got the IRS to back down on their notice of deficiency, but he didn’t stop there. He went on to recover $154.98 in costs. But that...

Wealth Tax – Constitutional Probably – Good Idea Not So Much

Originally published on Forbes.com. Calvin Johnson’s recent paper A Wealth Tax is Constitutional, 38 ABA Tax Times No. 4 is timely as my senator, Elizabeth Warren’s proposal for a wealth tax of 2% on fortunes over $50 million and 3% on fortunes over $1...