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Thespians And Pagans Fight Assessors In New York Court

Thespians And Pagans Fight Assessors In New York Court

Originally published on Forbes.com Nov 26th, 2014 Merry-Go-Round Playhouse Inc operates a professional summer stock theater in Auburn, New York.  MGRP recruits actors and staff from all over the country.  Given the short term nature of the gig and the low pay, MGRP...
Motocross Racing With Tax Deductible Dollars Works This Time

Motocross Racing With Tax Deductible Dollars Works This Time

Originally published on Forbes.com. Nov 25th, 2014 The Tax Court decision in the case of Willam D. Evans had the look of a hobby loss case, which was kind of neat coming on top of a really good horse case.  Well, it was about racing – motorcycles not horses...
A Creepy Message From The Federal Government

A Creepy Message From The Federal Government

I’m trying to decide whether this is ominous or not.  I did a post on a case nearly two weeks ago in which I noted that the Tax Court in seeking a definition referred to .  I wrote at the end: The reference to the Webster’s II New Riverside University Dictionary...
Can Horse Owners Win In Tax Court By Partnering With Trainers?

Can Horse Owners Win In Tax Court By Partnering With Trainers?

Originally published on Forbes.com. Nov 21st, 2014 If you are going to have a money-losing business that shelters your other income, the worst thing to pick is Amway. Horses probably come in second.  Not so much because horse-related businesses have a lower audit...