by admin | Jun 14, 2024 | Tax
Big Escambia Ventures LLC is the tax matters partner in thirteen partnerships that are currently in Tax Court. Judge Albert Lauber, whom Lew Taishoff calls “Scholar Al”, refers to the 13 cases as the Big Escambia Group. The principals purchased the 4,608...
by admin | May 1, 2024 | Tax
On May 13, 2024 an exciting jury trial will commence in the United States Court House in Athens, Georgia. Tony D. Townley, cofounder of Zaxby’s, and Elizabeth A. Townley are suing the United States of America for a tax refund of $43 million based on...
by admin | Apr 16, 2024 | Gaming, Tax
Judge Joseph Goeke of the United States Tax Court has finally made it clear that the syndicated conservation easement industry is an industry based on nonsense. You can’t routinely buy property and have the fair market value of an easement on the property be a...
by admin | Apr 12, 2024 | Tax
If you are over 70 1/2 and have any charitable inclinations or obligations arranging qualified charitable distributions (QCD) from you IRA is probably a really good deal. For some people it could be a wash but when you consider the higher standard deduction nowadays,...
by admin | Apr 7, 2024 | Church State Issues
This is a guest post by Robert Baty. You can read about him here....
by admin | Mar 14, 2024 | Tax
If you have been longing for a clear explanation of how syndicated conservation easements work and why it is that they don’t really work it is now available in the form of an opinion by Judge Albert Lauber of the Tax Court – Oconee Landing Property, LLC,...