Most Recent Posts
Little Drama Outside As Jury Selection In Kent Hovind Trial Proceeds Smoothly On Day One
Ben Shefler reporting from the Pensacola federal court house on Day 1 of Kent Hovind trial. Jury selection was held Monday for the trial of Kent Hovind and co-defendant...
Kent Hovind Supporters Getting Organized
Janet Yang is a free-lance journalist who will be covering the Kent Hovind trial. Here is her account of events at Red Roof Inn in Pensacola last night as...
Looks Like Kent Hovind Not Capturing Much Sympathy
Reverend William Thornton who is my go to guy on all matters evangelical has not seen any Hovind coverage other than what I provided him. So it may well be that Hovind ownership on the internet only encompassed a rather small echo chamber.
On Eve Of Kent Hovind Trial – With The Hovindicators Under The Blood Of Jesus At The Red Roof Inn
Wiley Drake is one of the most prominent supporters of Kent Hovind, who goes on trial this morning in Federal District Court in Pensacola on tax related charges. When...
Lois Lerner Out From Under Freedom Path Lawsuit For Now
In count IV, Freedom Path challenges as unconstitutional the IRS’s use of certain policies and procedures to target conservative organizations for heightened review of applications for tax-exempt status. Although the IRS’s adherence to these policies and procedures may ultimately culminate in a final decision regarding Freedom Path’s tax-exempt status, the use of these policies and procedures neither marks the consummation of the IRS’s decisionmaking process nor determines Freedom Path’s rights or obligations or precipitates legal consequences.
On Kent Hovind – Worth A Thousand Words
My friend and fellow Son of Xavier, John Sundman, author of techo thriller Acts of The Apostles (Not to be confused with the fantasy novel of the same title by somebody...
Will Christian Soldiers Be On The Streets Of Pensacola As Kent Hovind Goes To Trial?
The expert who gives me just a tad of optimism for Kent Hovind is William McGane who has written about lis pendens. Apparently lis pendens is a very privileged filing. The only way that filing one is fraudulent is if there is absolutely no sort of litigation to which it refers. Jury instruction that Hovind’s public defender is seeking focuses a lot on the element of willfulness and Hovind in his statements has been indicating that he is not that up on all the details. So a lack of willfulness defense just might work. The Hovindicators have been promoting jury nullification, so a hung jury is not out of the question.
IRS Denies 501(c)(3) Exemption To Booster Club Due To Inurement
Poking around on the internet it strikes me that this fundraising model was more prevalent in gymnastics than in other sports. That might be because if you are raising money for a baseball team or a band to go somewhere, you probably want to get the whole team there, since it won’t do the other players much good if all the pitchers or all the tuba players aren’t good at selling popcorn or whatever.
At any rate, the word seems to be getting out that this particular booster model does not work, if you are looking for exempt status. Dan Caldwell notes in his post 5 Essentials for Booster Clubs to Meet IRS Requirement that booster clubs cannot allocate to participants based on their fundraising efforts.
From The Boston Tax Institute
Lu Gauthier has given me permission to reproduce his email blasts. This one is a catch-up, so it is on the long side. Future posts in the series will be more focused....
Estate Intended For Charity Depleted By Litigation And Income Tax
The cautionary tale here is probably more about taking into account family issues and contingencies in estate planning for even relatively modest estates. Reading the state court decision, it appears that planning was done on the assumption that Ms. Belmont was going to outlive her brother and the implication of his being potentially made homeless in the event of her earlier death was not thought through.
What is really annoying about the outcome in this case is that the final return of the estate will pass through a useless deduction for administration expense to the charity. There is something odd about this mess ending up being a windfall for the treasury, but as Reilly’s First Law of Tax Planning goes – “It is what it is. Deal with it.”