Facebook, Leprechauns And The Cayman Pot Of Gold
Until this month even a close follower of the news might be hard-pressed to name more than two people famous for having worked for the IRS. Of course, John Koskinen and Lois Lerner have been made famous by Congressional investigation rather than from doing their jobs. Now there is a third. Nina Wu Stone is a Revenue Agent for the Large Business and International Division of the IRS. And it is her declaration that is attached to the summonses to Facebook filed by the United States in the District Court for the Northern District of California.
How To Not Get A Deduction For Paying Your Girlfriend’s Mortgage
Sadly, Mr. Jackson did not really have much of that going on. He claimed that he gave Ms. Furney $1,000 in cash each month. Nonetheless, he deducted $15,720 in mortgage interest in both 2011 and 2012. That’s a pretty hefty deduction given that he had wage income of $39,292 and $33,022 in those two years. The Form 1098, which was as you would expect addressed to Ms. Furney showed $13,794 in each year. So the $15,720 appears to be what my first managing partner, Herb Cohan, would refer to as “You know. A figure.”
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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.