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Tax Court Cuts No Slack On Strip Joint Fraud Penalty

Originally published on Forbes.com Feb 7th, 2014 I’m not sure that “gentlemen’s club” is the greatest euphemism ever coined, but it is certainly up there.  “Strip joint” captures the essence much better.  Nonetheless, Potter’s...
Flap About NFL Tax Exemption Seems Silly

Flap About NFL Tax Exemption Seems Silly

Originally published on Forbes.com Feb 1st. 2014 Senators Angus King, and Senator Tom Coburn, a Republican are co-sponsoring a bill that would strip the National Football League of its tax-exempt status.  I suppose my delight that a Republican and an Independent would...
KPMG Tax Partner Denied Mulligan On Sketchy Tax Shelter

KPMG Tax Partner Denied Mulligan On Sketchy Tax Shelter

Originally published on Forbes.com Jan 26th, 2014 There are some really bad things that can happen to you if you are not tax compliant.  Depending on what you do, you could be subject to a 75% fraud penalty or even forfeit your liberty – an all-expense-paid stay...
Is Tax Court Rebelling Against Supreme Court?

Is Tax Court Rebelling Against Supreme Court?

Originally published on Forbes.com Jan 22nd, 2014 I recently wrote that Kent Hovind probably does not quite fit the definition of a tax protester in the classic Irwin Schiff mode.  Hovind was claiming that he was exempt because he was a minister and that Creation...