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Donald Trump’s 1995 Return: What The New York Times Missed

Donald Trump’s 1995 Return: What The New York Times Missed

The New York Times has come on some interesting fragments of Donald Trump’s tax records.  Janet Novack has already posted on the article, if you want a summary.  I’ve got some nits to pick with how the New York Times analyzed the situation, but I will...
IRS Private Collection Program Is Fundamentally Flawed

IRS Private Collection Program Is Fundamentally Flawed

Originally published on Forbes.com. The news earlier this week that IRS has announced the four private collection companies that will be going to work on old tax debts in the spring did not seem to have a great impact.  One public company among them Performant...
Does IRS Exelon Win Threaten Triple Net 1031 Deals?

Does IRS Exelon Win Threaten Triple Net 1031 Deals?

Originally published on Forbes.com. The IRS chalked up a big win in Tax Court against energy company Exelon. Exelon had already provided for interest and state income tax adjustments and had not recognized $539 million in tax benefits from the disputed transaction. ...