by admin | Oct 8, 2019 | Tax
Originally published on forbes.com, I’m not sure whether advisers who specialize in the tax issues of expatriates will learn a lot from studying the recent Tax Court decision in the case of Elena Lea Morgan Weschenfelder and Frederick Burkhart Weschenfelder. What they...
by admin | Oct 6, 2019 | Tax
Originally published on Forbes.com. The recent report titled The Use of Schedule K-1 Data to Address Taxpayer Noncompliance Can Be Improved from the Treasury Inspector General For Tax Administration (TIGTA) has me demoralized. A good part of my career was...
by admin | Sep 28, 2019 | Tax
Originally published on Forbes.com. Jeffrey Davis is my new hero. From the record in Judge Ruwe’s Tax Court opinion, it appears that he got the IRS to back down on their notice of deficiency, but he didn’t stop there. He went on to recover $154.98 in costs. But that...
by admin | Sep 27, 2019 | Tax
Originally published on Forbes.com. Here is what Claude Tate George is most remembered for The Shot Seen Round NCAA In the 1990 NCAA March Madness George caught a pass from Scott Burrell with one second on the clock and made “the shot” that gave the U Conn Huskies the...
by admin | Sep 21, 2019 | Tax
Originally published on Forbes.com. They do things big in Texas. Apparently, that includes taxpayer Section 183 (hobby loss) victories. The most recent is WP Realty LP in a Tax Court Memorandum decision by Judge Kerrigan. The IRS was seeking to disallow over $14...
by admin | Sep 17, 2019 | Tax
Originally published on Forbes.com. Calvin Johnson’s recent paper A Wealth Tax is Constitutional, 38 ABA Tax Times No. 4 is timely as my senator, Elizabeth Warren’s proposal for a wealth tax of 2% on fortunes over $50 million and 3% on fortunes over $1...
