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Sixth Circuit Highlights S Corporation Perils In Broz Decision

Sixth Circuit Highlights S Corporation Perils In Broz Decision

  Originally published on Forbes.com Sept 9th, 2013 Business owners and their advisers often fail to recognize how perilous S corporations can be.  The Sixth Circuit decision in the case of Robert and Kimberly Broz upholding an $18 million deficiency for the...
Is IRS Targeting Magic The Gathering ?

Is IRS Targeting Magic The Gathering ?

Originally published on Forbes.com Sept 8th, 2013 Sometimes I think the IRS gets it flat out wrong when it denies exempt status.  I’m going to call the group that got denied in PLR 201335024 the Ale-Free Dungeon (AFD).  It looked to me like the source of the...