Tax - Your Tax Matters Partner

Coalition Of The Clueless Loses A Round In Its Pointless Telephone Excise Litigation

by admin | Jun 20, 2012 | Tax

his just in from the United States District Court for the Middle District of Pennsylvania: This case presents another chapter in a three-year legal saga involving a putative class plaintiff in search of a class. This case comes before the court on a discovery...

Pennsylvania Court Denies Property Tax Exemption To Another Religious Camp

by admin | Jun 16, 2012 | Tax

Originally published on Forbes.com on June 16th, 2012 Being recognized as a 501(c)(3) organization confers several benefits on an organization, including for example the ability of donors to deduct charitable contributions. Recognition under 501(c)(3) does not,...

Estate Case Drives Another Nail Into DOMA’s Coffin

by admin | Jun 13, 2012 | Tax

The last few weeks have not been good for DOMA. DOMA is the Defense of Marriage Act. Section 3 of DOMA, the part under attack, holds that: In determining the meaning of any Act of Congress, or of any ruling, regulation, or interpretation of the various...

Churches And Other NFPs Need To Send Better Acknowledgments

by admin | Jun 11, 2012 | Tax

At the end of the year I do a roundup of the year’s most unfair tax decisions. The case of David Durden will be number 2. To be clear, I do not think the Tax Court is wrong, just that the result is unfair. The substantiation requirements for charitable...

Author Bemoans Taxpayer Illiteracy

by admin | Jun 10, 2012 | Tax

Julian Block is an author of several tax guides. I recently reviewed his Tax Tips For Marriage and Divorce. The book is actually more general than that, covering many tax issues raised by intimate relationship. I might have titled it Tax Aspects of Coupling and...

Fourth Circuit Holds Former Shareholders Not Liable For Corporate Tax In Midcoast Deal

by admin | Jun 9, 2012 | Tax

Originally published on Forbes.com on June 9th, 2012 When the Tax Reform Act of 1986 was enacted, I was all over that thing. One thing that was crystal clear to me was that a private company that had appreciated assets or assets likely to appreciate needed an awful...