Dressage Trainer Complains Of Tax Court Mansplaining
Judge Holmes did a holistic analysis of the horse activity and also did the factor by factor analysis that is called goofy by some. He notes that Ms. McMillan had a horse called Goldrush who was retired from competition but still had breeding potential. She had not bred him for quite some time but hoped that things would be better if she sent him to Australia. Unfortunately, he died in 2008. Judge Holmes did not note that Ms. McMillan had Goldrush’s semen frozen, so there was still an afterlife of breeding potential in 2010.
Tax Court Approves Penalty But Does Not Allow IRS To Pile On
Photocredit Pixabay - Pexels Originally published on Forbes.com. Just because somebody believes things that I find preposterous and even harmful, doesn't stop me from...
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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.