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Donor-Advised Funds: The Good, The Bad And The Ugly

The Seven Corporal Works of Mercy Originally published on Forbes.com. The New York Review of Books article The Undermining of American Charity is a good example of a somewhat arcane tax story that really deserves to break out of the tax ghetto. What the authors, noted...
Form 1099-R From Insurance Company Can Be Bad Tax News

Form 1099-R From Insurance Company Can Be Bad Tax News

Originally published on Forbes.com. Life insurance is actually a rather sweet tax deal.  That is why I find it so distressing when someone manages to use life insurance to manufacture phantom income for themselves that produces a tax liability that is quite real. Such...
NJ Domestic Partners Denied Estate Break Of Married Couples

NJ Domestic Partners Denied Estate Break Of Married Couples

Originally published on Forbes.com. A sad story is behind the recent New Jersey Tax Court decision – Rucksapol Jiwungkul, as Executor of the Estate of Maurice R. Connolly, Jr. v. Director, Division of Taxation.  The case also ends up being something of a recap...