Conversion Of “Rental Property” To Personal Use Does Not Blow 1031 Like Kind Exchange
Originally published on forbes.com. If you want your exchange to qualify for deferral under 1031, it is not enough that the properties be of like kind. (With real...
Dell Not Subject To Damage Claim For Collecting Too Much Sales Tax
Sometimes, it is not nearly as much fun to be a major corporation as those Occupy Wall Street folks seem to think. Take sales tax for example. The states are all over...
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.