NonSequitur Litigation – Possible Tax Outcomes
It is a reasonable inference that there was never a bank account associated with a joint effort, so I further infer that whatever money came from YouTube, Patreon etc. ended up running through Kyle’s accounts. In the financial information that was provided in compliance to the order from the default judgment there is a month by month income statement, but no statement of cash flows. It includes an accrual to Kyle of $120 per show for his services. Agrippa who aided in putting the numbers together clearly confirmed by Agrippa that the $120 per show charge was something after the fact that was not agreed to. I don’t think it stands up very well.
Syndication Of Conservation Tax Deductions – Why We Can’t Have Nice Things
Originally published on Forbes.com. The Senate Finance Committee report- Syndicated Conservation-Easement Transactions - released on August 25 is very heartening. It...
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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.