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Low Income Housing Tax Credit – Another Win For The Aggregators

Low Income Housing Tax Credit – Another Win For The Aggregators

As noted above Alden Torch is moving to exclude evidence purporting to disparage Alden Torch for activities that do not relate to the action.  According to the attachment to the motion Palm and HCA were accusing Alden Torch of being part of a “larger, nationwide trend causing peril to the LIHTC program”.  In discussing this issue they indicate that “aggregator” in the LIHTC context is pejorative. 

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Charlie Sheen Income Tax Woes – Things Are Looking Better

Charlie Sheen Income Tax Woes – Things Are Looking Better

If you have spent your life being compliant, in the back of your mind you might think that if you fail to send in the balance due on your return, that within days a team of ninja IRS agents will drop into your backyard and commence auctioning off all your possessions.  That is not the way it works.

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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.