Phantom Income From Life Insurance
Originally Published on forbes.com on August 4th, 2011 ______________________________________ Life insurance is a marvelous financial product. It provides liquidity at...
IRS Can’t Take a Joke
Originally Published on forbes.com on August 3rd, 2011 ______________________________________ I comb through original source tax material looking for stuff that is of...
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.