by admin | Oct 15, 2022 | Tax
The sentencing of Joshua Burrell to 48 months in federal prison is the sad ending to what started out as an optimistic story about opportunity zones living up to the vision that Sean Parker must have had when he backed the idea. As I reported in the story on his...
by admin | Oct 4, 2022 | Tax
The National Republican Senatorial Committee blasts on its website ICYMI // How Raphael Warnock Dodges Income Taxes. Are they seeking to win some sort of award for hypocrisy? When the Seventh Circuit was considering the constitutionality of the income tax exclusion...
by admin | Oct 3, 2022 | Tax
New York Attorney General Letitia James’ complaint against Donald Trump, Donald Trump Jr., Eric Trump, Ivanka Trump, Allen Wesselberg, Jeffrey McConney and ten entities including the Trump Organization is not mainly focused on taxes. It is mostly about Trump...
by admin | Sep 26, 2022 | Tax
The IRS doesn’t like frivolity when it comes to returns. And they can count on Albert Lauber, my favorite Tax Court judge, to back them up when they are right. Eric D. Clarkson was challenging frivolity penalties – Code Section 6702 – fourteen of...
by admin | Sep 20, 2022 | History, Tax
The intersection of taxes and religion has been one of the major features of this blog. The controversy over the parsonage exclusion has been the big story there, but there is more. One of my long running story arcs has been the controversy over the constitutionality...
by admin | Sep 20, 2022 | Tax
An appeal of a Tax Court decision by a taxpayer who was found by the Tax Court to owe $90.86 should have an interesting story behind it. After all the fee to file the appeal is $500. And the story behind Grajales v. Commissioner of Internal Revenue is pretty good as...