by admin | Jun 16, 2022 | Uncategorized
It appears that Kansas will have to return $43 million in income tax plus interest to Gene Bicknell after a recent decision of the Supreme Court of The State of Kansas. This is the highest stake residence/domicile case I can recall. It is pretty dramatic. In 2021 ...
by admin | Jun 6, 2022 | Uncategorized
The Supreme Court does not muck around with Tax Court decisions very much. So Boechler, P.C v, Commissioner of Internal Revenue has a small but passionate group of people excited. It was a unanimous opinion delivered by Amy Coney Barrett. She managed to work in a...
by admin | May 29, 2022 | Uncategorized
There have been two important opinions in the Low Income Housing Tax Credit (LIHTC) Year 15 struggle so far this month. Both favor not-for-profit (NFP) sponsors. They each deserve their own post, so we will start with JER Hudson GP XXI LLC which came down May 2 from...
by admin | May 25, 2022 | Uncategorized
ABLE (Achieving Better Life Experience) accounts have been around since 2014, but if you are today years old when you are learning about them don’t be embarrassed. In ancient times, I had ten or so up and coming accountants whose careers I felt responsible for....
by admin | May 18, 2022 | Uncategorized
Only The Rich Can Play: How Washington Works in the New Gilded Age by David Wessel became a must read for me after a favorable review by Edward W. De Barbieri. I was hoping for it to be comparable to Showdown at Gucci Gulch, the great account of the passage of the...
by admin | May 16, 2022 | Uncategorized
For the last several years, there has been an ongoing dispute between not for profit (NFP) sponsors of affordable housing projects and investors. Often the investors are not the original investors in the projects. The dispute is about what happens in Year 15, the...
