by admin | Jun 25, 2019 | Tax
Originally published on Forbes.com. The notion of a wealth tax is definitely moving toward the mainstream as Dave Dawkins of Forbes reports on some of the billionaires who are now calling out for its passage. Here is the letter they wrote courtesy of the New York...
by admin | Jun 22, 2019 | Tax
Originally published on Forbes.com. The Department of Justice announced that one of its alumni strayed. According to court documents, attorney James F. Miller, 67, underreported his gross income on his 2010 through 2014 tax returns by approximately $2,215,587. Miller,...
by admin | Jun 20, 2019 | Tax
Originally published on Forbes.com. The Freedom From Religion Foundation is throwing in the towel in its struggle against the exclusion from taxable income granted to “ministers of the gospel”. Code Section 107(2) grants the exclusion: In the case of a...
by admin | Jun 18, 2019 | Tax
Originally published on Forbes.com. Deferred Sales Trust (DST) looks like a tax concept. Arguably, it is, but that’s not all. DST Deferred Sales Trust is a term for which the Estate Planning Team claims a common law trademark, not something you will find in...
by admin | Jun 16, 2019 | Tax
Originally published on Forbes.com. If you want to know what a machinegun really is, consult your tax adviser. I pride myself on being something of an Internal Revenue Code geek. Shortly after our large regional firm was acquired by a not quite Big 4 (more nimble,...
by admin | Jun 14, 2019 | Tax
Originally published on Forbes.com. “Don’t go into the horse breeding business” That is good advice. You might modify it to something like ” Go into horse breeding to follow your bliss, but don’t expect to make money at it . The way to...