IRS Promises To Target Churches – Eventually
Nonetheless, Father Malone thinks it important that he be able to tell his congregants who to vote for and is unmoved by the notion that his parish’s exempt status is probably not worth the powder to blow it away.
Use Of Condo By Son Blows 1031 Exchange For State Tax Purposes
Something that the lovers of federalism who are gutting the IRS enforcement capacity might want to consider is the effect that it will have on states, which will be more inclined to initiate audits of issues that might have been handled federally. I’ve been noticing more of those cases. From an administrative viewpoint life would be easier, even for taxpayers, if there was only one agency that could make a determination about what your federal adjusted gross income is.
Follow Me
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.