No Time Limit on Excise Tax on Abusive Roth IRA
Originally Published on forbes.com on July 6th, 2011 ______________________________________ I was never that excited about converting regular IRAs to Roth’s. You paid...
Tax Court Values Regional Media Empire
Originally Published on forbes.com on July 5th, 2011 ______________________________________ Estate of Louise P. Gallagher, et al. v. Commissioner, TC Memo 2011-148 When...
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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.