Must Earl Grey Collect Sales Tax From Captain Picard?
Every once a while you get a glimpse of the future in a relatively obscure tax pronouncement. This New York Counsel Advisory Opinion is a good example. What is the...
Track Star Ryan Bailey’s Coach Beats IRS In Tax Court
This is probably the key thing that differentiates winners from losers in hobby loss cases. Mr. Parks did not just seek expert advice about helping people to run faster. He sought expert advice about how to make money helping people to run faster.
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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.
