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On The Basis Of Sex: Watch The Other Lawyers

In his appeal to the Tax Court, Moritz wrote that if he had been a dutiful daughter he would have been allowed the deduction, but as a dutiful son, he was denied.  To be fair to the Tax Court, my blogging buddy Lew Taishoff who follows the Tax Court with an incredible intensity let me know that the Tax Court cannot overturn a statute on Constitutional grounds.  The mantra of the Tax Court is that it is a court of limited jurisdiction.  When it comes to the Code it follows Reilly’s First Law of Tax Planning – It is what it is.  Deal with it.

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The Trial And Tribulation Of A CPA Tax Partner

The Trial And Tribulation Of A CPA Tax Partner

And while the alarm bells are already sounding the CPA community, even Mr. Berger’s tax preparer peers are left without clear guidance on what to avoid besides crooked clients.  Perusing the public docket for lessons, Reilly, himself a long-time CPA writes that it is still not clear to him what the right tax answer was on the Burrill returns in the first instance.

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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.