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Conservation Easement Syndicates Outlawyering IRS

Conservation Easement Syndicates Outlawyering IRS

The full Tax Court in one of its regular decisions (Green Valley Investors LLC) has dealt a blow against the IRS in its struggle with abusive syndicated conservation easements.  A key IRS move in the fight was Notice 2017-10 which made certain syndicated conservation...
On Tax Writing Rabbit Holes

On Tax Writing Rabbit Holes

In an upcoming issue of Think Outside The Tax Box , there will be a piece by me about the current state of the Cohan rule. In 1930 Learned Hand writing for the Second Circuit instructed the Board of Tax Appeals (the predecessor to the Tax Court) to take another look...
MR. REILLY’S CONUNDRUM

MR. REILLY’S CONUNDRUM

My favorite tax blog, by a long shot, is Taishoff Law.  I first learned of it because of the way I have done my own blogging.  I read original source material and come up with my own take on it.  As part of my wrap-up I then see what other have had to say. I then...
Poor Return Preparation Voids Deduction For African Art

Poor Return Preparation Voids Deduction For African Art

Earlier this month, Heinrich Schweizer got bad news from my favorite Tax Court judge Albert Lauber, “Scholar Al” as Lew Taishoff has dubbed him.  Lauber ruled that Schweizer’s failure to meet the disclosure requirements for a charitable contribution...