Clergy Out In Force To Defend Their Housing Tax Break
Professor Edward Zelinsky of Yeshiva University. Professor Zelinsky has written that Section 107(2) is constitutionally permissible although not necessarily good tax policy.
Professor Zelinsky has commented that when taxation meets religion, you are always going to have a problem either from the tax authorities looking into the religious organization or from them policing the boundary of the exemption. I am really grateful to Professor Zelinsky for clarifying that.
No Money For April 15 1040 Balance Due? Don’t Panic!
You can request an extension of time to file even though you don’t have the money to send in with it. This gets you out of the late file penalty, although it does not help with interest. The other advantage of going on extension is that it will be six months longer before your payment plan commences.
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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.