by admin | Dec 18, 2019 | Tax
Photo credit Midge Ames. Originally published on Forbes.com. A long string of losses in a horse-related business may well attract IRS attention. Don’t despair. If you take the right steps you have a good chance of winning in Tax Court. Reilly’s Eighteenth Law of Tax...
by admin | Dec 15, 2019 | Tax
One of the greatest confusions in discussions of inequality is that between income and wealth. This struck me recently when somebody with a very high W-2 (low seven figures) asked me what sort of things they could do to manage the income tax that, federal and state...
by admin | Nov 28, 2019 | Tax
Originally published on Forbes.com. The IRS wants us to know that it is getting really serious about abuse in the area of the syndication of conservation easements. IR-2019-182 issued on November 12 tells us: “The Internal Revenue Service announced today a significant...
by admin | Nov 9, 2019 | Tax
Originally published on Forbes.com. The recent Tax Court decision Coal Property Holdings is a good illustration of Reilly’s Fourth Law of Tax Planning – Execution isn’t everything but it’s a lot. This is a conservation easement syndication deal and the facts...
by admin | Nov 6, 2019 | Kent Hovind, Tax
Originally published on Forbes.com. Over four years ago I called an end to L’affiare Kent Hovind on this platform as his co-defendant (Paul John Hansen) in his 2015 trial received a below guidelines sentence. Something told me he would be back. There is a new...
by admin | Nov 1, 2019 | Tax
Originally published on Forbes.com. According to a story first reported by the New York Times, our President has decided that he is no longer a New Yorker, but rather a Floridian. I doubt very much that President Trump reads my stuff. Nonetheless, in response to his...
