Tax - Your Tax Matters Partner

From The Boston Tax Institute

by admin | Feb 24, 2015 | Tax, Uncategorized

Lu Gauthier has given me permission to reproduce his email blasts. This one is a catch-up, so it is on the long side. Future posts in the series will be more focused. Our thanks to Robert Costello, CPA for reminding all of us of this potential trap involving...

Estate Intended For Charity Depleted By Litigation And Income Tax

by admin | Feb 24, 2015 | Tax

This post was originally published on Forbes Feb 24th, 2015 The Tax Court decision in the Estate of Eileen S. Belmont is probably one of good intentions gone awry. Ms. Belmont wanted to provide something for her brother, who had issues, and have the bulk of her...

You And Your Shadow Do Not A Partnership Make

by admin | Feb 23, 2015 | Tax

This post was originally published on Forbes Feb 23rd, 2015 Judge Holmes might have started his opinion on 436, LTD with a Casablanca reference – “Round up the usual suspects” It was a Son-of- Boss deal and we have mentions in it of Jenkens &...

Has Kent Hovind Broken Any Laws?

by admin | Feb 22, 2015 | Kent Hovind

This post is mainly about four letters. Here is a link to them. The first letter is one that was sent to three different tax professionals by Kent Hovind and the other three are their answers. If you already know who Kent Hovind is and what is going on with him,...

Tom Brady’s MVP Truck Even More On The Tax Implications

by admin | Feb 19, 2015 | Tax

Photo credit Jack Newton This post was originally published on Forbes Feb 19th, 2015 The Tom Brady/Malcolm Butler Super Bowl truck grabbed the attention of the tax blogosphere with a strength not seen since the revelations about Anietra Hamper’s undergarment...

Good Execution Protects Sellers From IRS Transferee Liability

by admin | Feb 18, 2015 | Tax

This post was originally published on Forbes Feb 18th, 2015 The District Court decision in the case of Herbert Allen Andrew et. al. v. United States of America has inspired me to add to Reilly’s Laws of Tax Planning. I think this will be Reilly’s Fourth...