A Revolutionary Tax Court Petition
Making this film in a charity means that historical accuracy will be paramount, free of the conflict of profit goals. This creates a unique opportunity for those who care deeply about this story, and who have the wherewithal to make this film a reality. Great pains have been taken to tell this story of our shared history in a compelling,
Hobby Loss Deduction Developments In 2021
Section 183 is one of the few areas where I think tax advisers are too cautious. The law is clear that a realistic expectation of profit is not required to sustain a loss. What is required is an honest objective.
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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.