by admin | Jan 15, 2020 | Tax
Given everything that gets by the IRS, it is really odd when they seem to put a lot of energy into what looks like a losing case from the get-go involving people who don’t really seem to be getting away with anything. Such, in my view, was reflected in the...
by admin | Jan 12, 2020 | Tax
Originally published on Forbes.com. What could be nicer for Christmas than a 5 for 1 charitable deduction? Maybe 6 for 1? At any rate that is the sort of present that the promoters of syndicated conservation easements have offered during the holiday season, which is...
by admin | Jan 11, 2020 | Tax
It’s 1099 season, so I thought a recent decision in the Southern District of New York might rate some attention. I doubt the litigants want to be more famous because of this so I am going to call them Jane, the company and the other partners. If you must know who they...
by admin | Jan 7, 2020 | Tax
The whistleblower allegation that Ensign Peak Advisors, has in its over 20 years of existence accumulated over $100 billion dollars in excess tithes and the investment returns thereon is generating some excitement. EPA is characterized as an integrated auxiliary of...
by admin | Jan 2, 2020 | Tax
Originally published on Forbes.com. Well, it’s interesting to see Mormons back in the tax news. The Washington Post has a story about a whistleblower’s disclosures to the IRS that Ensign Peak Advisors, Inc, founded in 1997, has accumulated over $100 billion in assets...
by admin | Dec 27, 2019 | Tax
When it comes to Section 183 (Activities Not Engaged In For Profit), commonly referred to as the hobby loss rule, my goal is to be your go-to-guy. In the last year (12/13/2018-12/12/2019), I have noted fifteen hobby loss decisions. One of the decisions concerned...
