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Tax Court Allows Long String Of Horse Losses

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...
Tax Planning For The High Salary Pauper

Tax Planning For The High Salary Pauper

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...
Major Crackdown On Conservation Easements Or IRS Bluff?

Major Crackdown On Conservation Easements Or IRS Bluff?

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...
Kent Hovind Trying To Undo His 2006 Conviction

Kent Hovind Trying To Undo His 2006 Conviction

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...

President Trump Now A Florida Man

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...