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Way Out Of State Tax On Student Debt Forgiveness

There was some rain on the parade of celebration of the student loan debt forgiveness.  The Tax Foundation, perhaps with a touch of schadenfreude, announced that the forgiveness, not federally taxable due to recent legislation, might be taxable in as many as thirteen...
Collection Suit Against Glen Stoll – Will Kent Hovind Be Next ?

Collection Suit Against Glen Stoll – Will Kent Hovind Be Next ?

When I covered the trial of Kent Hovind, a Young Earth Creationist Independent Baptist Minister, back in 2015, a name that kept popping up was Glen Stoll.  Stoll was the trustee on several properties.  Ultimately the trusts were considered to be alter egos of Hovind. ...

Opportunity Zones – What Are They Good For?

I recently reviewed Only The Rich Can Play by David Wessel.  It was a journalistic sort of work that tried to make a case against Opportunity Zones, but, in my view, did not make it so well.  Now there is some scholarship – Opportunity Zones: A Program in Search...

Settlement In A Low Income House Tax Credit Year 15 Appeal

In May of 2021 I wrote about, New York Attorney General Letitia James, who is best known for being a thorn in the side of Donald Trump, weighing in on a dispute about affordable housing in Brooklyn. It is part of a larger issue that I have been covering since early...
Inflation Bill Will Restore IRS Staffing To 1995 Level By 2026

Inflation Bill Will Restore IRS Staffing To 1995 Level By 2026

It is not too often that regular participants in #TaxTwitter create a youknow-storm on Twitter, but Adam Markowitz EA managed it with this gem. All of my GOP friends who are worried about 87,000 IRS enforcement agents coming after the little guy… How about just...