Not Income Tax Evasion – Structuring – That’s How They Got Kent Hovind
Despite his claim to the Creations Science Hall of Fame that he is not a tax protester, Mr. Hovind at different points in time has made the type of statements associated with protesters and based on the outcome of civil litigation had not been filing returns. He was pretty well trounced in Tax Court and it is possible that going after him criminally was superfluous, but I have never been able to discern why it is that some cases rather than others go criminal.
Real Estate Professional Status – Becoming More Important – Very Hard To Prove
750 hours is not the sole requirement. You also have to spend more time on the real estate activities than you do on anything else. This generally proves to be an insurmountable obstacle for amateur landlords with day jobs, particularly since there is a much harder unstated requirement.
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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.
