Tax - Your Tax Matters Partner

A New York Day Is Like A New York Minute At Least For Taxes

by admin | Jun 5, 2015 | Tax

This post was originally published on Forbes Jun 5, 2015 According to the Urban Dictionary a “New York minute” is an instant – the time between when the light changes and the car behind you honks its horn. If a New York minute is less than a minute,...

Structuring Seems Like A Crime You Can Commit By Accident

by admin | Jun 4, 2015 | Kent Hovind, Tax

This post was originally published on Forbes Jun 4, 2015 The supporters of embattled young earth creationist Kent Hovind have been hoping that the troubles of Dennis Hastert with the crime of structuring might elicit more sympathy for Doctor Dino, as Kent Hovind is...

Estate Tax And Goodwill From Boston Tax Institute

by admin | Jun 3, 2015 | Tax

Lucien Gauthier has given me permission to reproduce his email blasts. Here is the latest. In Estate of Franklin Z. Adell v. Comm., TCM 2014-155 (08/04/14), in light of the fact that the goodwill of a C corporation was attributable to the son of the decedent with...

Failure To File Texas Franchise Tax Form Voids Lawsuit

by admin | Jun 3, 2015 | Tax

Texas Districts This post was originally published on Forbes Jun 3, 2015 Everybody knows that bad things can happen if you don’t file tax returns that you are supposed to file. Interest and penalties, seizure of property and in the most extreme cases losing your...

Oregon Tax Court Approves Taxation Of Church Rectory

by admin | Jun 2, 2015 | Tax

This post was originally published on Forbes Jun 2, 2015 As a kid I remember being fascinated by a door in the side of the sanctuary at St. John’s Church in Fairview, NJ. It was very mysterious. Only the priests ever used it. The explanation was pretty mundane....

Conservation Easements – Tax Court Lets Owner Sell Them Or Give Them But Not Both

by admin | Jun 1, 2015 | Tax

This post was originally published on Forbes Jun 1, 2015 There have been a lot of cases on conservation easements of late. My impression is that planners may well have gotten just a little carried away with the concept. You get a tax deduction for giving away a...