by admin | Nov 30, 2022 | Tax
In an upcoming issue of Think Outside The Tax Box , there will be a piece by me about the current state of the Cohan rule. In 1930 Learned Hand writing for the Second Circuit instructed the Board of Tax Appeals (the predecessor to the Tax Court) to take another look...
by admin | Nov 30, 2022 | Tax
My favorite tax blog, by a long shot, is Taishoff Law. I first learned of it because of the way I have done my own blogging. I read original source material and come up with my own take on it. As part of my wrap-up I then see what other have had to say. I then...
by admin | Nov 17, 2022 | Tax
Leonard Lane Grigsby, reputed Louisiana Republican kingmaker, will have to repay a $576,756 refund that alliantgroup, currently under investigation, consulted on. Judge Brian Jackson of the US District Court for the Middle District of Louisiana issued the...
by admin | Nov 9, 2022 | Tax
Earlier this month, Heinrich Schweizer got bad news from my favorite Tax Court judge Albert Lauber, “Scholar Al” as Lew Taishoff has dubbed him. Lauber ruled that Schweizer’s failure to meet the disclosure requirements for a charitable contribution...
by admin | Nov 6, 2022 | Tax
Wedding photographer Scott Burton of Oxford MS was not charging sales tax on his wedding packages. To a couple facing say a $5,000 tab for his service, you could see tacking on another $350 for the 7% Mississippi sales tax would make a difference. Unfortunately, on...
by admin | Nov 4, 2022 | Tax
Judge Cary Douglas Pugh of the United States Tax Court has allowed $7,834,091 of a $10,427,435 charitable deduction claimed by Champions Retreat Golf Founders LLC on its 2010 tax return. Given that the IRS wanted to allow $20,000 that seems like a pretty good result...
