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Stunning Tax Court Victory Against IRS In Horse Case

Stunning Tax Court Victory Against IRS In Horse Case

Originally published on Forbes.com. Sometimes it seems that the IRS hates horses. You will find hobby loss cases (Section 183 – Activities not engaged in for profit) that cover a wide variety of activities.  I have written about motocross racing, painting, a...

Will Destruction Of Johnson Amendment Destroy Charity?

Originally published on Forbes.com. In February at the National Prayer Breakfast, President Trump made a solemn promise to “get rid of, and totally destroy, the Johnson Amendment”. The Johnson Amendment, named after Lyndon Johnson, prohibits 501(c)(3)...

Tax Cuts And Job Acts – Senate Bill Favors Jobs And Gigs

Originally published on Forbes.com. The Tax Cuts And Jobs Acts being considered in the Senate seems to have more about jobs than the House bill .  The stark contrast is most apparent when you compare Section 1004 of the House bill – Maximum rate on business...