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Taking Another Look At The Hazards Of Filing Form 1099

Taking Another Look At The Hazards Of Filing Form 1099

Failing to send a 1099 can have some really nasty implications, so a lot of us are careful to not miss sending one out when required.  Unfortunately, you can also get in trouble for sending one that should not have been sent if the person receiving it objects.  If...

The “Hey Hey Just Don’t Pay” Tax Strategy

One of the favorite sayings of my first managing partner the late Herb Cohan was “I’d rather owe it to you than cheat you out of it.” To be honest, like some of the other sayings, it was never clear exactly what it meant.  Nonetheless, I think it...
Reuse Appraiser Pleased IRS Finally Taking Action On Abuses

Reuse Appraiser Pleased IRS Finally Taking Action On Abuses

Last month the Fourth Circuit upheld a district court decision (Mann v US) supporting the IRS in denying unreasonable charitable deductions for the donation of a house scheduled for demolition.  Professionals in the building material reuse industry have been aware of...