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Tax Court Judge Considers Passing On Deductions Unbusinesslike

Tax Court Judge Considers Passing On Deductions Unbusinesslike

Originally published on Forbes.com. There is a subtle irony in the yacht chartering hobby loss decision from the Tax Court in the case of Charles and Rhoda Steiner.  Judge Ruwe seems to argue that not being aggressive in taking deductions might be held against you. ...

Cautionary Tax Tale For Consultants With Long Term Gigs

Originally published on Forbes.com. So this Tax Court decision about “business home” hits pretty close to home for me.  Michael E. Brown, who has an accounting degree, an MBA and had a New Jersey CPA license practices as a “concierge CFO”. ...

National Accounting Firm Launches Cannabis Practice

Originally published on Forbes.com. One way you can tell a thing is really becoming a thing is when you have national accounting firms jumping on it.  So it looks like cannabis is now a thing.  I had a nice discussion with Rick Frimmer, a managing director at...
Searching For The Perfect Steak With An Imperfect Tax Plan

Searching For The Perfect Steak With An Imperfect Tax Plan

  Originally published on Forbes.com. Traveling the world going from one fine restaurant to the next searching for the perfect steak.  It just doesn’t get any better than that or so it seems.  But one thing that could make it better is doing it with...