Tax - Your Tax Matters Partner

Wesley Snipes Can Get Another Bite At IRS Collection Apple And Another Trip To Tax Court If He Wants

by admin | Nov 17, 2018 | Tax

Originally published on Forbes.com. Every once in awhile a Tax Court decision breaks out of the tax ghetto. This month it is a Wesley Snipes case. I started on it, but when I saw how well Kelly Erb covered it I figured that my post would end up being “what she...

Ask Your Tax Pro About 199A

by admin | Nov 12, 2018 | Tax

Originally published on Forbes.com. Ask your tax pro about 199A. That pretty much is most of the practical advice that you need to take away from this piece, which is more a reflection on the way significant changes in the tax law are actually implemented than...

Gadfly Rails Against Secret Tax Law For Exempt Organizations

by admin | Nov 6, 2018 | Tax

Originally published on Forbes.com. It may or may not be necessary for tax law to be complex and difficult to understand. The one thing tax law should not be, though, is secret. What is said and written about the tax law by people who work for the government...

Tax Refund Claim On Pump And Dump Loss Evokes Memory Of The Tech Bubble

by admin | Nov 2, 2018 | Tax

Originally published on Forbes.com. Charles P. and Jane E. Adkins are getting a raw deal from the Court of Claims. That’s how I see it anyway. In her recent decision, Judge Margaret Sweeney agrees that they are the victims of theft and entitled to a theft loss...

IRS Penalizes Plan Of Minister To Donate House To Ministry While Continuing To Live There

by admin | Oct 29, 2018 | Tax

Originally published on Forbes.com. By all appearances, Presley Family Ministries is an admirable organization. Here is an example of what they do. Each summer, Presley Family Ministries travels overseas to share the love of Christ and provide glasses to 1000’s...

Parsonage Showdown In Seventh Circuit This Week

by admin | Oct 27, 2018 | Tax

Originally published on Forbes.com. Back in August, Paul Streckfus in EO Tax Journal 2018-152 surveying the dispute about the tax treatment of clergy housing allowances wrote: “Based on my 45 years of EO tax experience all I can say is that the intersection of...