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Tax Court Petition: Just Go To The Post Office

by | Mar 14, 2019 | Tax

Originally published on Forbes.com. Another postmark case!  This time it is Endicia.com , which according to its website has sold $14 billion in postage.  Teri Jordan was counting on an Endicia label to save her Tax Court petition from being considered untimely.  It...
Don’t Wrestle With The IRS Robots

Don’t Wrestle With The IRS Robots

by | Mar 10, 2019 | Tax

Originally published on Forbes.com. If a human being decides you should be subject to a 20% accuracy penalty for understating your tax, it is not valid unless another human being, one at a higher paygrade, approves it in writing.  On the other hand, if a machine...
TIGTA Documents The Wreck Of Tax Compliance

TIGTA Documents The Wreck Of Tax Compliance

by | Mar 7, 2019 | Tax

Originally published on Forbes.com. Expansion of the Gig Economy Warrants Focus on Improving Self-employment Tax Compliance, a recent report from the Treasury Inspector General For Tax Administration (TIGTA) has me demoralized.  I think I have finally come to a major...

Historian Argues Ronald Reagan’s 1981 Tax Cut Led To Trumpism

by | Feb 26, 2019 | Tax

  Originally published on Forbes.com. Is it possible that the Economic Recovery Tax Act of 1981, followed by the Tax Reform Act of 1986, the legacy of Ronald Reagan is where it all went wrong?  That is the case that John Komlos makes in his paper recently...

EcoVest Wraps The Green Flag Around Tax Shelter

by | Feb 24, 2019 | Tax

Originally published on Forbes.com. EcoVest Capital Inc is under attack by the Justice Department for promoting in DOJ’s view “fraudulent conservation easement shelters” based on “willfully false valuations”.  EcoVest’s attorneys...

Opportunity Zones – Look Great For Everybody Except Investors

by | Feb 22, 2019 | Tax

Originally published on Forbes.com. I finally got around to getting excited about opportunity zones (OZ).  My excitement subsided as I looked into the matter, but it still remains at a subdued level.  The OZ concept regardless of whatever else it might be is an...