Tax - Your Tax Matters Partner

SPLC Calls Family Research Council Hate Group – Should IRS Take Action?

by admin | Nov 2, 2013 | Tax

Originally published on Forbes.com Nov 2nd, 2013 When it comes to exempt organizations, it seems like the IRS cannot please anybody. Professor Alex Reed’s recently published article Subsidizing Hate: A Proposal to Reform the Internal Revenue...

When Planning Never Forget The Alternative Minimum Tax

by admin | Nov 1, 2013 | Tax

Originally published on Forbes.com Nov 1st, 2013 You can do a lot more to affect your tax liability for the year in November and December than you can in April of the following year. Often you will have enough information to do a pretty good mock-up of your return,...

Actuary In Tax Court Beats Northwestern And IRS On Accuracy Of 1099-R

by admin | Oct 31, 2013 | Tax

Originally published on Forbes.com Oct 31st, 2013 Jeffrey J Furnish just became my hero. I have been complaining for some time about taxpayers losing to the IRS when they receive mysterious 1099s from insurance companies. Not only did Mr. Furnish win the case ,he...

We're With The Band – Kind Of

by admin | Oct 30, 2013 | Tax

Originally published on Forbes.com. Oct 30th, 2013 The Gallery is a band with roots in New England. Their music by their account consists of: Hook-laden rock songs that combine a mix of mainstream appeal and professionalism with indie cred and likeability. Their...

Organizing Junk Mail Does Not Qualify As Manufacturing

by admin | Oct 27, 2013 | Tax

Originally published on Forbes.com Oct 27th, 2013 While reading a Tax Court decision I usually root for the taxpayer unless they are being really lame. ADVO , Inc. was not being lame, but I am still really glad that they lost. In the first place, I really...

JD Salinger – Was January 27 2010 A Good Day To Die

by admin | Oct 23, 2013 | Tax

Originally published on Forbes.com. In my last post I made the case that JD Salinger may have been facing a significant estate planning problem. The IRS might have placed a very high valuation on his literary estate that was based on an assumption that it would be...