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Kent Hovind Trials – Final Round Of The First Fight – Installment Three
Jonathan Schwartz continues his coverage of the final day of the Kent Hovind trial in March. Episode Number Three Sticking to the facts: The Kent Hovind Fraud and...
Hovindication Finds Its Opposite If Not Equal Reaction
One of the implications of Young Earth Creationism, the notion that there is scientific support for a hyper literal reading of the Book of Genesis, is that human...
Kent Hovind Trials – Final Round Of The First Fight – Installment Two
Jonathan Schwartz continues his analysis of the final day of the Kent Hovind trial. Judge Rodgers reviews the charges as she gives her instructions to the Jury Just the...
Blessed Are The Peacemakers – Appomattox Sesquicentenniial
Yesterday, although not technically the sesquicentennial of the last day of the Civil War, is recognized as such in popular imagination and not without reason....
Tax Court Allows Multimillion Multiyear Arabian Horse Losses
If you told that story to some CPAs who had been in the business a long time, you would get two different reactions. One would be a kind of “There but for the grace of God, go I” and another would be “Well that would never happen with a transaction that my firm was involved with. We have procedures and policies to avoid that type of thing”. The latter group is divided into two classes – people who are deluding themselves and liars. The humility of the “grace of God” crowd actually makes it less likely that they’ll screw up that way because they will have a couple of paranoid partners who worry about stuff like that happening.
At any rate, the Metzes “reliance on professional” defense did not work, since they should have noticed that a gain of $2 million or so had slipped through the cracks and they were hit with the accuracy penalty. Have to wonder whether that will end up coming out of somebody’s malpractice coverage
Appomattox Gearing Up For Surrender
150 years ago yesterday, the prospects of the Army of Northern Virginia got even dimmer. Its second to last battle was fought in the evening as cavalry under the...
Still Some More Blood To Effuse
Lynchburg VA April 8, 2015 150 years ago yesterday Ulysses Grant wrote Robert E Lee indicating that he thought maybe that recent events should have indicated that the...
Kent Hovind Trials – Final Round Of The First Fight – Installment One
In mid March as I struggled with corporate extensions and continued wrestling with the tangible property regulations, my friend, filmmaker Jonathan Schwartz was in...
IRS Agent Causes Grief For Taxpayer’s Spouse By Being Helpful
Generally, pursuant to section 6011(a) a taxpayer obligated to file a Federal tax return must conform to the forms and regulations prescribed by respondent. Even though signed by petitioner and Mr. Rodriguez, the consent is hardly a form described in section 6011 or section 1.6011-1, Income Tax Regs. Furthermore, a Form 4549 is not signed by the taxpayer under penalties of perjury, one of the critical requirements for a document to be treated as a Federal income tax return. Petitioner’s argument that the consent should be treated as a joint return is rejected.
Real Timing Appomattox During Tax Season
So for the first time in over thirty years I'm playing major hooky in tax season. I'm hitting the road tomorrow to head to Appomattox. The famous conference between...