Covenant Not To Compete – Not Good for Seller or Buyer
Originally Published on forbes.com on July 28th, 2011 ______________________________________ I used to really like the word “covenant”. It had a certain majestic ring...
Drag Racing and Amway – Fun Not Profit
Originally Published on forbes.com on July 26th, 2011 ______________________________________ The case of Richard Zenzen is the most recent “hobby loss” case that I have...
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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.