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Tax Court Refuses To Extend Home Concrete Logic

Tax Court Refuses To Extend Home Concrete Logic

Originally published on Forbes.com Sept 4th, 2014 Samuel Johnson once remarked that “Patriotism is the last refuge of a scoundrel”.  That’s generally not true in tax matters. In tax practice, the last refuge of the scoundrels is the statute of...
IRS Shows Serious Meatspace Prejudice

IRS Shows Serious Meatspace Prejudice

Originally published on Forbes.com Sept 3rd, 2014 You would think with all the pressure that it puts on people to file and pay electronically that the IRS would have a forward looking view and a preference for cyberspace.  It does not seem to be that way in the tax...
Debt From KPMG Tax Shelter Survives Bankruptcy

Debt From KPMG Tax Shelter Survives Bankruptcy

Originally published on Forbes.com Sept 2nd, 2014 Reading appellate tax decision, there is as bad as it gets, which is appealing your sentence after you have been incarcerated.  Almost as bad as it gets is appealing a bankruptcy court refusing to discharge your tax...

Tea Party Patriots Inc Dodging Tax On E-mail Fees?

Originally published on Forbes.com Aug 29th, 2014 Tea Party Patriots Inc has announced this week that it has a new funding source.Tea Party Patriots will be allowing third parties to send e-mails to its list in exchange for a fee. TPP expects to generate between...
IRS Will Not Tax Forfeited Jackpots Of Compulsive Gamblers

IRS Will Not Tax Forfeited Jackpots Of Compulsive Gamblers

Originally published on Forbes.com Aug 28th, 2014 The IRS Chief Counsel has ruled on a tax aspect of a program to help compulsive gamblers.  CCA 201433015 discusses the “Voluntary Exclusion Program” (VEP) of an unnamed state. The precise details of VEPs...