Tax - Your Tax Matters Partner

IRS Offers Estate Tax Relief To Widows And Widowers

by admin | Jun 10, 2017 | Tax

Originally published on Forbes.com. The IRS has provided some regulatory relief to the class of people I call moderate millionaires. Revenue Ruling 2017-34 eases the process for an executor to get relief from having failed to make a timely “portability...

How To Know Your Electronically Filed Income Tax Return Was Really Filed

by admin | Jun 7, 2017 | Tax

Originally published on Forbes.com. I think it is a good thing that people tend to be loyal to their tax preparers. Reilly’s Second Law Of Tax Practice, as modified for family audiences, is ” When the prospect tells you his last two accountants were...

Judge Cites Rapper In Wrap Ruling

by admin | Jun 4, 2017 | Tax

Originally published on Forbes.com. At the risk of making my blog less edifying, I find that I want to make note of a Colorado Supreme Court decision – Colorado Department of Revenue v Creager Mercanitile Co, Inc. It concerns blunts. I believe that I have a...

Tax Woes Of The Marijuana Business Where Conservatives Lose Their Enthusiasm For States Rights

by admin | Jun 3, 2017 | Tax

Another day, another IRS summons enforced against a marijuana dispensary. I have to give the pot shops credit. They come up with really cool names. The LLC unsuccessfully fighting the IRS summons in District Court was called Futurevision LTD, which is pretty neat,...

Hole Opens In Tax Blogosphere – Say It Ain’t So Joe

by admin | May 28, 2017 | Tax

Originally published on Forbes.com. If tax blogging can be viewed in epochs, few tax blogs are BC (Before Caron. That would be Paul Caron – the Tax Prof.) So when one of the early bloggers hangs up his keyboard and rides off to the sunset of an upstream...

IRS Nixes Student Loan Payoff Charity

by admin | May 24, 2017 | Tax

Student loans are in the news again. Alan Collinge of StudentLoanJustice.org has a piece in The Hill titled “Republicans can seize on a prime opportunity to reform student loans”. Well, I hope that works out because the IRS has nixed an intriguing...