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Staying Out of the Dog House

Staying Out of the Dog House

by | Feb 18, 2011 | Tax

Originally published on Passive Activities and Other Oxymorons on February 18th, 2011.____________________________________________________________________________ CCA 201104037 This was a ruling about whether someone qualified as a “first time” home...
Donee Gets Income Tax Deductions for Medical Expenses and Taxes

Donee Gets Income Tax Deductions for Medical Expenses and Taxes

by | Feb 16, 2011 | Tax

Originally published on Passive Activities and Other Oxymorons on February 16th, 2011.____________________________________________________________________________ Judith F. Lang v. Commissioner, TC Memo 2010-286 From time to time I encounter confused people.  They...
If You Were Wondering _____ Don’t Even Bother to Ask

If You Were Wondering _____ Don’t Even Bother to Ask

by | Feb 14, 2011 | Tax

Originally published on Passive Activities and Other Oxymorons on February 14th, 2010.____________________________________________________________________________ Rev. Proc. 2011-7, 2011-1 IRB 233 Rev. Proc. 2011-3, 2011-1 IRB 111 If you are thinking about doing a...
From Mercenaries to Mothers Milk

From Mercenaries to Mothers Milk

by | Feb 11, 2011 | Tax

Originally published on Passive Activities and Other Oxymorons on February 11, 2011.____________________________________________________________________________ Announcement 2011-14 As yesterdays post compared with todays shows tax issues cover the gamut of human...
IRS Memo Muddies the Water for Blackwater Employee

IRS Memo Muddies the Water for Blackwater Employee

by | Feb 10, 2011 | Tax

Originally published on Passive Activities and Other Oxymorons on February 10, 2011.____________________________________________________________________________ Nathaniel J. Holmes v. Commissioner, TC Memo 2011-26 I have probably over used Dr. Johnson’s...
How to Keep Out of The Penalty Box – RTFI

How to Keep Out of The Penalty Box – RTFI

by | Feb 9, 2011 | Tax

Originally published on Passive Activities and Other Oxymorons on February 9th, 2011.____________________________________________________________________________ Rev. Proc. 2011-13, 2011-3 IRB, 12/28/2010 Early in each year the IRS will issue two Revenue Procedures. ...