Is IRS Ninth Circuit Salus Mundi Win A Pyrrhic Victory?
So the interesting question is what will happen if transferee liability is found against Salus Mundi. There may be some theory that could be used to attack the estate of Professor Diebold for handing out all the Foundations resources while the sword of Damocles was over its head. Something tells me that the IRS will not be able to chase the recipients of the Foundation’s largess. You never know, though. If in a couple of years the IRS auction notices include a large pile of Indo-European scholarly works, you’ll know what happened.
Tax Court Rules Wounded Warrior Can Take His Time With The Trash – Merry Christmas
While noting the absence of logs, Judge Kerrigan indicated that the testimony of the couple was quite credible and allowed for the fact that Mr. Lewis’s disabilities would cause him to take more time with many of the tasks. Judge Kerrigan did her own “ballpark guestimate” of the weekly routine activities and arrived at 650 hours. She of course did not call it a “ballpark guestimate”, which is the kiss of death in a 469 case. The one GD thing after another of non-routine repairs and trouble with tenants easily adds another two hours a week.
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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.