Evolution Of A Hovindologist
Last week, Sam and Dan of God's Property Radio ran my interview with Kent Hovind with commentary on the front end and the back end. They included the still anonymous,...
Mr. Koskinen’s Last Chance To End The Form 3115 Madness
I did a short survey to an extremely small unscientific sample of tax preparers asking if they expected to do one of more Forms 3115 for virtually every trade or business client. It’s running about half. As it stands now, I’m leaning toward the tree killing side, but I don’t have many returns to do and they almost all extend, so I can pretty much wait and see. I suspect that the people who are saying this is overblown will turn out to be right. It will be like those blurbs we put on our emails that we thought were required by Circular 230, but why take the risk. So realistically, if the IRS does not take action to stem the flow Ogden will only be hit with 5 or 6 million pointless forms, since there are people more courageous than me who will not be intimidated and people more clueless than me, who will miss the whole drama.
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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.