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IRS Liens To Be Enforced Against Glen Stoll’s Property

by | Jun 10, 2025 | Tax

If you are really stubborn, you can hold out on paying the IRS for a really long time.  With luck, the statute of limitations on collection might bail you out. If the IRS does not collect within ten years of the time that it assesses a tax you are home free.  There...
Three Hobby Loss Developments And The Romanowski Judgement

Three Hobby Loss Developments And The Romanowski Judgement

by | May 27, 2025 | Tax

We’ve had three decisions focused on Code Section 183, commonly known as the hobby loss rule, although the pedantic will point out that it actually concerns “activities not entered into for profit” be they hobby-like or not. We will take them in...
What Grok Thinks Of Me

What Grok Thinks Of Me

by | Apr 21, 2025 | Tax

I have been resisting paying too much attention to AI.  When I have fooled with a little bit, I have not been that impressed.  Someone mentioned Grok to me, so I decided to give it a whirl.  So there was one question I thought of asking that came up with a pretty...
Syndicated Conservation Easements Beginning Of The End

Syndicated Conservation Easements Beginning Of The End

by | Apr 20, 2025 | Tax

Tax Court Judge Albert Lauber’s recent opinion in Ranch Springs 164 TC No 6 may be the beginning of the end of the long battle between syndicated conservation easement promoters and the IRS.  In 2024 the IRS won a long string of cases and they continued that...
Tax Return Is Key Information Source For Divorce Attorney

Tax Return Is Key Information Source For Divorce Attorney

by | Apr 12, 2025 | Tax

Lauren Crane is one of the founders of Bender & Crane, a five woman law firm that focuses on divorce.  She made it a point to let me know that even though the team is all women, they represent both women and men.  We were discussing tax returns and divorce and...