Tax - Your Tax Matters Partner

Something Borrowed Makes You Blue – Student Debt And Joint Returns

by admin | Jul 5, 2015 | Tax

This post was originally published on Forbes Jul 5, 2015 The joy over the Supreme Court’s decision in Obergeffel et al v Hodges, Director, Ohio Department of Health should not obscure an important point, which I addressed in one of my earliest posts...

Jeffrey Webber’s Cayman Insurance Shelter Nixed By Tax Court

by admin | Jul 2, 2015 | Tax

This post was originally published on Forbes Jul 2, 2015 So here is a truly brilliant, if slightly ghoulish tax plan. Jeffrey Webber is a venture-capital investor and private-equity fund manager. His advisor, William Lipkind, came up with a vehicle that would not...

Mario Biaggi’s Criminal Case Followed By Tax Travails

by admin | Jun 29, 2015 | Tax

This post was originally published on Forbes Jun 29, 2015 The New York Times reports that former Bronx Congressman and hero New York City police officer Mario Biaggi died Wednesday at the age of 97. Biaggi was convicted of a variety of financial crimes in the late...

SpongeBob SquarePants In A Tax Case!

by admin | Jun 26, 2015 | Tax

This post was originally published on Forbes Jun 26, 2015 Pump And Dump Imagine having the rights to make actual sponges in the image of SpongeBob SquarePants. That was the enviable position of a company called Spongetech. Spongetech’s reported sales...

Chief Counsel Gives Narrow Scope To Partnership Liability Regulations

by admin | Jun 24, 2015 | Tax

This post was originally published on Forbes Jun 24, 2015 If you ever looked closely at a K-1 from a partnership, you might have noticed Section K – Partner’s share of liabilities at year end. The liabilities come in three flavors – nonrecourse,...

In Defense Of Conservation Easement Charitable Deductions

by admin | Jun 20, 2015 | Tax

I’ve written quite a few posts about conservation easements. Those posts highlight the sampling problem that my blogging faces. The transactions that end up in Tax Court are not necessarily representative. Thus I may have given the impression that the whole...