Julian Block Tells You to Forget About Deducting Your Business Suits
Generally, clothing costs aren’t allowable as “ordinary and necessary” business expenses. They’re nondeductible personal expenses. The IRS prohibits write-offs...
IRS Scandal – Blame It All On Lois Lerner And Move On?
Republicans have been hoping that there would be a smoking gun in all those interviews and documents. I mean wouldn’t it be great if there were a taped conversation in which President Obama ordered the IRS to harass the Tea Party. Senator Wyden indicates that nothing anywhere near to that has turned up. Senator Hatch, on the other hand, thinks the smoking gun has been hiding in plain sight.
Regardless of whether an explicit directive was given, the President gave the order to target conservative groups at every opportunity – the State of the Union, in press conferences, and in TV interviews. He didn’t send a “smoking gun” email because he did not need to – he gave the order for all to hear. And his political allies at the IRS followed those orders
Senator Wyden in his statement points out the inconvenient facts that the IRS Commissioner at the time had been appointed by President Bush and that Lois Lerner had been promoted to head the Exempt Organization group by a Bush appointed IRS Commissioner. Go figure. So I guess the TaxProf can keep the count going.
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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.