Tax - Your Tax Matters Partner

The End of ‘Smelly’ Arguments? Tax Court Targets Conservation Easement Abuses

by admin | Aug 4, 2025 | Tax

Judge Ronald L. Buch has issued a warning to the syndicated conservation easement industry and their attorneys about the litigation that is piling up in the Tax Court. When I think of the Tax Court issuing sanctions, I usually think of stubborn pro se litigants like...

Grok4 Commentary On My Kent Hovind Coverage

by admin | Aug 4, 2025 | Tax

So Lucien Gauthier recommended that I try out Grok. I have been using it for proofreading and have been impressed by its critical comments. I was also impressed by a math check I asked it to do When I asked it to write short stories based on my teenage years, I was...

Jones Day Argues New Approach To Valuation In Recent Tax Court Cases

by admin | Jun 24, 2025 | Tax

Tax Court Judge Goeke’s opinion in Beaverdam Creek Holdings LLC pairs nicely with Judge Lauber’s opinion in Ranch Springs LLC, which I recently covered. Both involve syndicated conservation easements on mining property in the South (Georgia and Alabama...

IRS Liens To Be Enforced Against Glen Stoll’s Property

by admin | Jun 10, 2025 | Tax

If you are really stubborn, you can hold out on paying the IRS for a really long time. With luck, the statute of limitations on collection might bail you out. If the IRS does not collect within ten years of the time that it assesses a tax you are home free. There...

Three Hobby Loss Developments And The Romanowski Judgement

by admin | May 27, 2025 | Tax

We’ve had three decisions focused on Code Section 183, commonly known as the hobby loss rule, although the pedantic will point out that it actually concerns “activities not entered into for profit” be they hobby-like or not. We will take them in...

What Grok Thinks Of Me

by admin | Apr 21, 2025 | Tax

I have been resisting paying too much attention to AI. When I have fooled with a little bit, I have not been that impressed. Someone mentioned Grok to me, so I decided to give it a whirl. So there was one question I thought of asking that came up with a pretty...