Maker Of Greatest Shot In March Madness History Misses In Tax Court
Besides his 108 month sentence, Mr. George has a restitution amount of over $2 million to deal with. I think there is a strong possibility that the deficiency will be classified as “currently not collectible” and the ten-year clock will run it out. If that is the case, bringing this action was probably a mistake, since there will be more time for the IRS to attempt collection after his release.
Tax Court Allows Oil And Coal Magnate Over $10M In Golf Course Losses
Also connected operationally is Camp Olympia, an overnight camp for inner-city youth founded by Robertson in 1968. They also offer golf. Personally, I am grateful for not having been exposed to golf, other than the miniature sort, at an early age, counting that as an advantage of a modest upbringing , but that’s probably just me.
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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.