by admin | Mar 3, 2020 | Tax
A piece on a Tax Court decision concerning the deduction for used building material on the deconstruction, as opposed to the demolition of a building, has elicited quite a response. The original piece was published on Forbes.com here and republished on this site...
by admin | Feb 27, 2020 | Tax
A Tax Court decision last week gives a clear demonstration of the sad state of IRS compliance efforts and a clever though fruitless argument by the taxpayer. The taxpayer was a physician, so I will refer to him as “the doctor”. You can get his actual name from the...
by admin | Feb 21, 2020 | Tax
Originally published on Forbes.com. Last week was a big week for disallowing conservation easement deductions in the Tax Court with two big-dollar decisions coming out. We already covered Nathaniel and Stella Carter, which leaves Railroad Holdings LLC for today and...
by admin | Feb 18, 2020 | Tax
The Tax Court gave a one-two punch to conservation easement deductions with its decisions in the case of Nathaniel and Stella Carter on February 3rd and Railroad Holdings LLC on February 5th. Judge Halpern had the Carters and Judge Gustafson was working on Railroad...
by admin | Feb 17, 2020 | Tax
Earlier this month I wrote about Second Chance, a not for profit in Baltimore that combines environmental concerns with job creation. In order to cover the story of a Tax Court decision concerning a donation to Second Chance, I had to learn a bit about deconstruction....
by admin | Feb 7, 2020 | Tax
Originally published on Forbes.com. Way back in 2011 covering a private letter ruling that disallowed exempt status for a sketchy land trust I came up with a prescient title Conservation Easements A New Field For Villainy. My continuing coverage earned me a phone call...
