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Pennies on the Dollar ? Too Much !

Pennies on the Dollar ? Too Much !

Originally Published on forbes.com on August 3rd, 2011 ______________________________________ You must have heard about companies that will help you settle your tax debts for pennies on the dollar.  Screw that, said John Churchill.  He didn’t hire anybody and made an...
David Wallace Would Have Loved This

David Wallace Would Have Loved This

Originally published on Forbes.com If you are at all interested in taxes and have the slightest interest in literature, you need to get the Pale King.  I have to admit that I am not all the way through it, but it is amazing.  It integrates really arcane tax matters...
E-books Exempt from New York Sales Tax

E-books Exempt from New York Sales Tax

Originally Published on forbes.com on August 2nd, 2011 ______________________________________ It’s in Boston right near the Famine memorial.  I’m afraid E-books may have had something to do with it.  I liked this particular Borders, but I love my Kindle.  I don’t...
New York Marriage Equality Includes Taxes

New York Marriage Equality Includes Taxes

Originally Published on forbes.com on August 1st, 2011 ______________________________________  The New York State Department of Taxation and Finance has released guidance on the effect of The Marriage Equality Act.  Assuming you like the idea of marriage equality,...
Amended Return Will Not Shorten Six Year Statute

Amended Return Will Not Shorten Six Year Statute

Originally Published on forbes.com on July 31st, 2011 ______________________________________ As I mentioned in a previous post, I have accumulated quite a few items that I can’t quite work into full length posts, but hate to let go.  This blog is like the baseball...
S Corporation Rental Income Not Passive Except When It Is

S Corporation Rental Income Not Passive Except When It Is

Originally Published on forbes.com on July 31st, 2011 ______________________________________ Private Letter Ruling 201118011 A C corporation is a taxable entity.  Distributions that it makes to its shareholders are also, generally, taxable to them.  People who don’t...