Tax - Your Tax Matters Partner

Tax Losses From Genetically Engineered Deer Allowed

by admin | Mar 2, 2016 | Tax

I never knew that genetically engineering deer was a thing, until I read the Alabama Tax Tribunal decision in the case of Richard and Sue Cribbs (link is to a search function) There are many endeavors where tax examiners will think you are not seriously trying to...

Kent Hovind’s January Surprise Deferred To March

by admin | Feb 29, 2016 | Kent Hovind, Uncategorized

Young Earth Creaionist Kent Hovind fought a long battle with the IRS that did not end well for him. He served a long sentence for structuring, failing to pay payroll taxes and interfereing with the administration of the internal revenue laws. There was also a large...

Colorado Can Force Vendors To Rat Out Residents On Use Tax

by admin | Feb 27, 2016 | Tax

Originally published on Forbes.com. In that category of things that don’t seem to make sense, we have this statement from the Tenth Circuit’s decision in its recent Direct Marketing Association decision: When a neighborhood bookstore in Denver sells a...

Sanders Tax Plan Harder On Millionaires Than Billionaires

by admin | Feb 26, 2016 | Tax

Originally published on Forbes.com. The budding bromance between Charles Koch and Bernie Sanders has gotten quite a bit of attention. In case you missed it or mistook it for a satire piece when your friend posted it on Facebook, it traces back to an op-ed in the...

Tax Foundation Model Favoring Cruz Doubted By Many Economists

by admin | Feb 23, 2016 | Tax

Originally published in Forbes.com. I’ve been struggling with the question of how good the Tax Foundation’s dynamic model is. Although it does not support the notion that tax cuts pay for themselves, it does seem to lean in that direction. The Tax...

Should enQ Get To Sell Spots In IRS Phone Queue?

by admin | Feb 21, 2016 | Tax

Originally published on Forbes.com. Long wait times on calls to the IRS are nothing new. But now there is something you can do about it – maybe. Only it will cost you. And the whole notion has me angry. Although my inner villain is in love with the idea and...