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Catskill NY Pagan Phryganium Exempt From Real Estate Taxes

by admin | Dec 11, 2013 | Tax

Statue of a Seated Cybele with the Portrait Head of her Priestess Originally published on Forbes.com Dec 11th, 2013 A lot of people might think that the third week of November was a bad week for religion in the courts. Judge Barbara Crabb ruled that Internal Revenue...

Cigarette Importer Sees $300M Deduction Go Up In Smoke

by admin | Dec 8, 2013 | Tax

Originally published on Forbes.com Dec 8th, 2013 Last week, the Tax Court upheld an IRS deficiency notice of nearly forty million dollars against Vidal Suriel for the years 2004 and 2006. The deficiencies relate to the timing of deductions for payments due...

Duke Energy’s Billion Dollar Distribution May Be At Root Of Tax Court’s Crescent Holding Decision

by admin | Dec 8, 2013 | Tax

Originally published on Forbes.com Dec 8th, 2013 The ruling in last week’s Tax Court decision in the case of Crescent Holdings LLC is an important one. Arthur Fields had a 2% interest in Crescent Holdings(CH). The interest was not fully vested. In...

Do We Need A Clergy Tax Simplification Act Of 2014?

by admin | Dec 1, 2013 | Tax

Originally published on Forbes.com Dec 1st, 2013 Judge Barbara Crabb ruled recently that the exclusion of cash housing allowances from taxable income by members of the clergy (“ministers of the gospel”)is unconstitutional. Among the reactions are cries...

Southern Baptist Leadership Unconcerned About Clergy Abuse Of Tax Break For Housing

by admin | Nov 27, 2013 | Tax

Originally published on Forbes.com Nov 27th, 2013 The Southern Baptist Convention (SBC) was quick to denounce Judge Barbara Crabb’s ruling that excluding cash housing allowances to clergy from taxable income is a violation of the First Amendment...

Judge Declares Tax Exclusion For Clergy Housing Payments Unconstitutional

by admin | Nov 23, 2013 | Tax

Originally published on Forbes.com Nov 23rd, 2013 The Freedom From Religion Foundation has won a stunning victory in the United States District Court For The Western District Of Wisconsin where Judge Barbara Crabb has ruled that a substantial tax benefit...