Tax - Your Tax Matters Partner

Appeal Of $90 Tax Court Decision Shows Passion Of Pro Bono Attorneys

by admin | Sep 20, 2022 | Tax

An appeal of a Tax Court decision by a taxpayer who was found by the Tax Court to owe $90.86 should have an interesting story behind it. After all the fee to file the appeal is $500. And the story behind Grajales v. Commissioner of Internal Revenue is pretty good as...

Peter Hendrickson Responds To Lauber Opinion In Clarkson v Commissioner

by admin | Sep 15, 2022 | Tax

In covering Erickson v Comm TCM 2022-92, I reached out to Peter Hendrickson, whose own case was mentioned in the opinion. Mr. Hendrickson is the author of Cracking The Code – The Fascinating Truth About Taxation In America (CtC). He also runs the Lost Horizons...

Way Out Of State Tax On Student Debt Forgiveness

by admin | Sep 12, 2022 | Tax

There was some rain on the parade of celebration of the student loan debt forgiveness. The Tax Foundation, perhaps with a touch of schadenfreude, announced that the forgiveness, not federally taxable due to recent legislation, might be taxable in as many as thirteen...

Collection Suit Against Glen Stoll – Will Kent Hovind Be Next ?

by admin | Sep 8, 2022 | Tax

When I covered the trial of Kent Hovind, a Young Earth Creationist Independent Baptist Minister, back in 2015, a name that kept popping up was Glen Stoll. Stoll was the trustee on several properties. Ultimately the trusts were considered to be alter egos of Hovind. ...

Opportunity Zones – What Are They Good For?

by admin | Sep 5, 2022 | Tax

I recently reviewed Only The Rich Can Play by David Wessel. It was a journalistic sort of work that tried to make a case against Opportunity Zones, but, in my view, did not make it so well. Now there is some scholarship – Opportunity Zones: A Program in Search...

Charlie Sheen Settles With IRS For $3.3 Million And A Possible Share In Future Earnings

by admin | Aug 29, 2022 | Tax

Charley Sheen’s tax woes seem to be at an end. I mainly remember Sheen as the star of Two and a Half Men, but there is a lot more to his career and fame than that. As I related back in January, IRS has been trying to collect on Mr. Sheen’s 2015, 2017 and...