A Dirty Stinking Business And No Charitable Contribution
When it comes to charitable contributions of $250 or more, though, there is a sine qua non. That would be an acknowledgment from the done organization that there was a contribution and a statement that there was either no quid pro quo or its value if there was one.
District Court Rules Signing Advances To Physicians Are Current Wages
The other thing that makes me less than enthusiastic about plans like this, besides them not actually working, is that you end up with somebody having phantom income hanging over his or her head. Presumably in year five when they have to pay the piper, they are a little more settled. Still it would kind of drive me crazy.
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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.