IRS Encourages CPA To Take Up New Trade
In a Final Agency Decision, the Administrative Judge (ALJ) disbarred Tiongson on March 1. The ALJ found that Tiongson’s advice to clients to use Form 2555 to treat California earned income as foreign source income on at least fifty-two tax returns, constituted disreputable conduct under Circular 230, and his failure to research the legitimacy of the filing position specifically violated the Circular’s due diligence standards.
The First Angry Tax Blogger
It dawned on me that we tax bloggers cultivate personas. Even if what we say about ourselves is strictly true, the process of selection makes each of us a self created literary character. But has this new literary form created a full blown character equivalent to fictional doctors like Sam Abelman ? It has.
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.