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Tax Rules Forbid Churches From Endorsing Candidates, Will IRS Take Action?
The Alliance Defending Freedom is very upset about that rule and has started a movement called “Pulpit Freedom Sunday”. In 2014, over 1600 pastors made election speeches and sent tapes of them to the IRS more or less daring them to do something about it. The IRS response was underwhelming enough to spark a lawsuit by the Freedom From Religion Foundation, which they withdrew after the IRS somehow convinced FFRF that it would not remain supine on the issue.
Estate Tax Hits 100th Birthday And Paul Caron Calls For Many Happy Returns
I had a bit of an email exchange with Professor Caron asking him to clarify where he is on the ideological spectrum, but he preferred not to say. He indicates that he tries very hard to make the TaxProf Blog an impartial source for tax news and information. I have to say that I think he does a pretty good job, and that is not just because he highlights my stuff from time to time (Of course, it’s not like that hurts either. Just saying.)
Jeb Bush Tax Plan Could Disrupt Real Estate And Small Business
A much more disturbing thought, one for which I will not try to construct examples is what happens with firms that borrow to finance receivables, inventories and to deal with irregular cash flow. During periods in which inventory and receivables are stable there might be a pretty good match between taxable income and after-tax cash flow. The notion that you could run into a rough patch during which there is barely enough operating income to cover your interest expense, but you are still generating taxable income because the interest is not deductible is frightening.
Jeb Bush And The Spirit Of 1986
If you have been considering a major charitable gift, don’t put it off, since charitable deductions will be more valuable in 2015 and 2016 due to lower marginal rates. If you are approaching full retirement age do whatever you can to defer compensation in anticipation of that payroll tax break.
If you are a highly leveraged entrepreneur in a high tax state you might like the Bernie Sanders plan better than the Jeb Bush plan.
The thing about the Tax Code being 80,000 pages and tax accountants writing the Code might seem petty, but, since I have taken on the project of rewatching West Wing on Netflix, I have decided to adopt a “Would Jed Bartlett make a mistake like that?” standard. I’ve also decided that any candidate that promises to make Allison Janney press secretary has my vote.
From Russia With Built-In Losses
The whole thing was put together by Deutsche Bank which was one of the major players in the raid on the treasury orchestrated by the Big Four accounting firms that is documented in Tania Rostain and Milton Regan’s Confidence Games. A couple of key numbers make it clear that the whole thing had become about tax losses rather than distressed Russian debt. Assets worth about $14 million were contributed to RRF. Those assets were sold not too long afterwards from over $20 million, which is some indication of Ms. Zimmerman’s genius. Deutsche Bank ended up getting nearly $10 million in fees which indicates that the good economics were the sizzle and the tax losses were the steak
Presidential Candidate Tax Plans Coming In Slow
There doesn’t seem to be much there to do a lot of planning with. I have two things I would consider though. One is that if your estate is north of $5 million, you should really look at using up your unified credit ideally with a technique like a family limited partnership that leverages the credit. The other argument I would make is that if you have been contemplating doing something big involving a charitable deduction, it would be wise to do it sooner rather than later. Even Sanders is not calling for a higher maximum individual rate so you don’t have that reason to hold off. There is a lot of talk about closing loopholes and even a proposal to limit the value of charitable contributions to 28%. On the other hand, you have Rubio and Rand calling for lower marginal rates. Either way the argument is strong that you should make major charitable moves sooner rather than later.
Billion Dollar Ball By Gilbert Gaul And The Unlikely Charity Known As College Football
As I noted you can get the tax geek stuff in the book in more concentrated form from Colombo’s article, but I still recommend the book. The Title IX section is probably the most fascinating. Title IX requires some sort of parity between what colleges offer men and women when it comes to athletic programs. Because of Title IX, the complement to a big college football team tends to be a significant women’s rowing program. It is one of the oddest non-sequiturs I have ever noted.
Tax Planning For The Risk Of A Bernie Sanders Win
The funniest thing about the tax proposals is that this candidate who is as far left as you can go without getting into Green Party territory is promoting a tax package that would pretty much bring us to the second half of the Reagan administration when it comes to income and estate tax.
Why IRS Telephone Scamming Works
Over the years when I have occasionally run into people who got behind on their taxes, one of the things I noted is that being behind on their taxes is rarely their only problem. It is a symptom of a larger problem. Also they tend to be overwhelmed by the situation and often try to ignore it as much as possible. Many are not proactive and are clueless about what the IRS actually does and does not do in regard to collections. And now thanks to budget cuts, the IRS is not being proactive in pursuing many of them. I think it is likely that the telephone scammers are filling this vacuum. They know that if they call a couple of 100 people that a couple of them will be people who actually do owe back taxes, but only have a vague idea of how much they owe and have no clue as to what their rights are.
Denouement Of L’Affaire Kent Hovind – The Sentencing Of Paul John Hansen
Abigal Meggisnson, with support from Interlock Media was on the scene last Friday when Kent Hovind's co-defendant Paul Hansen was sentenced for contempt of court. In...