Most Recent Posts
Dude Ranch Shareholders Stuck With Corporate Tax – It’s All About Execution
Clearly Midcoast must have had some secret sauce to get around the corporate tax, but that was none of your business. Micdoast paid you and it was not your corporation anymore. What if Midcoast was monkeying around with the corporate taxes? Well. Not your circus, not your monkeys. Or so you would think.
Celebrate This Saint Patrick’s Day The Kent Hovind Way
The Kent Hovind trial has played havoc with my St. Patrick's Day preparations. His grip on my mind continues as I even realize there is a St. Patrick's Day connection...
Court Dismisses Suit Against Government From IRS Search That Led To Suicide
The government does not now disagree with the general proposition that a partner is taxed on distributions removed from a partnership only to the extent that the distributions exceed the partner’s adjustedbasis inthepartnership. 26U.S.C. §731(a). In reviewing the written and oral exchanges at trial surrounding this issue, it is apparent that the district court (against all odds, given the manner in which it was argued) also understood this general legal proposition but simply did not agree that the evidence Simon sought to introduce was relevant to demonstrating his adjusted basis in the partnership.
Don’t Sic IRS On Racist Frat Boys
The Internal Revenue Service has about 90,000 people working for it. Around 20,000 or so are actual enforcement people. Those revenue agents and revenue officers are mostly trained as accountants. They are tasked with collecting over two trillion dollars. There are signs that they don’t have the resources do that job well enough. TIGTA recently reported that the collections division which has over eleven million delinquent accounts in its inventory hesitates to take automated collection actions, since they are unable to handle the resulting phone calls. In hundreds of thousands of cases, they know that alimony deductions do not match the income recorded by the recipients (You can guess which way that usually goes) but they can only investigate a small number of the discrepancies.
Order In Kent Hovind Case
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF FLORIDA PENSACOLA DIVISION UNITED STATES OF AMERICA, v. E. HOVIND, and PAUL JOHN HANSEN, Defendants. ORDER A jury...
Ernie Land, Kent Hovind’s BFF, Comments On The Trial
Kent Hovind (Doc Dino) is one of the leading lights in the field of Young Earth Creationism, the notion that there is scientific evidence for a hyper-literal reading of...
Looks Like No Charitable Deduction For Gifts To Steak And You Know Day
The serious part of the site is what is causing me to issue the emergency tax caution. There is a charitable component to this. If you send in a donation they will send an invitation to your partner. Guys, think real hard before you do that. They will keep 20% and 80% will go to a charity that is dedicated to raising breast cancer awareness. That of course sends my BS detector into high gear.
You will probably not be shocked to find out that Steak and ______ Day does not show up on guidestar.org. Digging a little further in the site you will find that the donation actually goes to, forgive me, I am not making this up, an organization called Coppafeel. It turns out that Coppafeel actually is a legitimate charitable organization.
Kent Hovind Likely To Be Sentenced To Another Two To Three Years On Contempt Conviction
Kent Hovind (Doc Dino) is one of the leading lights in the field of Young Earth Creationism, the notion that there is scientific evidence for a hyper-literal reading of...
Kent Hovind Convicted On One Of Four Counts – Rudy Davis Proclaims A Miracle
Kent Hovind (Doc Dino) is one of the leading lights in the field of Young Earth Creationism, the notion that there is scientific evidence for a hyper-literal reading of...
Jury In Kent Hovind Trial Sent Home For Good Night’s Sleep Will Reconvene This Morning
Kent Hovind is one of the leading lights in the field of Young Earth Creationism, the notion that there is scientific evidence for a hyper-literal reading of the Book...