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$100B In Mormon Till Does Not Merit IRS Attention

Originally published on Forbes.com. Well, it’s interesting to see Mormons back in the tax news. The Washington Post has a story about a whistleblower’s disclosures to the IRS that Ensign Peak Advisors, Inc, founded in 1997, has accumulated over $100 billion in assets...

Tax Court Allows Long String Of Horse Losses

Photo credit Midge Ames. Originally published on Forbes.com. A long string of losses in a horse-related business may well attract IRS attention. Don’t despair. If you take the right steps you have a good chance of winning in Tax Court. Reilly’s Eighteenth Law of Tax...
Tax Planning For The High Salary Pauper

Tax Planning For The High Salary Pauper

One of the greatest confusions in discussions of inequality is that between income and wealth. This struck me recently when somebody with a very high W-2 (low seven figures) asked me what sort of things they could do to manage the income tax that, federal and state...
Santa Forever

Santa Forever

Evie and I met some pretty interesting people in our tour of the country.  But we really topped it off near the end of our Western leg.  We were staying at the Soledad Canyon RV Park in Acton, CA one night before parking the RV in their storage area for a couple of...