by admin | Aug 25, 2022 | Tax
In May of 2021 I wrote about, New York Attorney General Letitia James, who is best known for being a thorn in the side of Donald Trump, weighing in on a dispute about affordable housing in Brooklyn. It is part of a larger issue that I have been covering since early...
by admin | Aug 23, 2022 | Tax
It is not too often that regular participants in #TaxTwitter create a youknow-storm on Twitter, but Adam Markowitz EA managed it with this gem. All of my GOP friends who are worried about 87,000 IRS enforcement agents coming after the little guy… How about just...
by admin | Aug 11, 2022 | Tax
Introducing a new guest on Your Tax Matters Partner. Mike Sylvester has some idea about how the IRS should spend the new money that will be coming its way. The Inflation Reduction Act (IRA) H.R. 5376 is unlikely to change and will likely be signed into law by...
by admin | Aug 10, 2022 | Tax
US Tax Court Chief Judge Kathleen Kerrigan’s order and decision recognizing Aegis For Dreams Foundation as a 501(c)(3) organization effective July 2, 2022 is the best tax news I have heard this year. Matthew Ryan, currently the foundation’s sole trustee,...
by admin | Jul 27, 2022 | Tax
The rules for substantiation of charitable deductions are very strict with extra layers when a donor advised fund or property donations are involved. You can get a pretty good feel for how things can go badly wrong from a recent opinion by Judge Jane Boyle of the...
by admin | Jul 24, 2022 | Tax
In Green, or Greed? A Fresh Perspective on the Valuation of Conservation Easements, three Boston University Law professors, Alan Feld, Theodore Sims and Jacob Nielsen give us a fresh perspective on one of the IRS Dirty Dozen. That would be Abusive Syndicated...