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Some Exemption Rulings

Some Exemption Rulings

Originally published on Passive Activities and Other Oxymorons on June 5th, 2011. ____________________________________________________________________________ Private Letter Ruling 201116033 This ruling just proves that 80% of keeping your exempt status is showing up....
Another Tax “Benefit” of Marriage

Another Tax “Benefit” of Marriage

Originally published on Passive Activities and Other Oxymorons on June 3rd, 2011. ____________________________________________________________________________ CCA 201112016 I have blogged a bit about same sex couple tax issues.  As a matter of fact, my all time most...
Why Tax Practitioners Should Work for Tax Reform

Why Tax Practitioners Should Work for Tax Reform

Originally published on Passive Activities and Other Oxymorons on June 2nd, 2011. ____________________________________________________________________________ If you have been paying attention to the carefully crafted persona of this blog, the title should be a tip...
State Tax Credits as Capital Assets

State Tax Credits as Capital Assets

Originally published on Passive Activities and Other Oxymorons on June 2nd, 2011. ____________________________________________________________________________ George H. Tempel, et ux. v. Commissioner, 136 T.C. No. 15 How often have I said to you that when you have...
Seven Year Itch ?

Seven Year Itch ?

Originally published on Passive Activities and Other Oxymorons on June 1st, 2011. ____________________________________________________________________________ John Adair, et ux. v. Commissioner, TC Memo 2011-75 This was an appeal from a collection due process...