Your Tax Matters Partner – A New Day Has Dawned
I am writing to people who may have had some interest in my writing over the years. I wanted to let you know that I will no longer be posting to Forbes.com. I’ll tell you all about that but only in person and over a beer or maybe a cup of coffee, since I can’t handle that much beer anymore.
Tax Court Exposes Conservation Easement Syndication Process
The Court shares the Commissioner’s frustration with the mix of sophistry and cupidity at the heart of this transaction, as well as the utter waste of time and money spent in untangling the ins and outs of this abusive scheme. Fraud this was not, however.
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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.