New Jersey Gets To Second Guess IRS On Estate Tax Marital Deduction
The important point is that in the Estate’s view, the IRS agreement that there was a marital deduction should be binding on New Jersey. The New Jersey tax authorities thought otherwise.
Was CPA Tax Evader On The Lam Or Hiding In Plain Sight?
Apparently, there were rumors and unconfirmed reports that he was in the Caribbean at the time of his indictment. Does someone roaming around the Caribbean doing the romantic stuff they do down there, end up with a yearning to return to Ohio and resume working in public accounting and selling insurance? Seems like the stuff of an inspirational family drama or perhaps a sitcom.
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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.