Most Recent Posts
Good Execution Protects Sellers From IRS Transferee Liability
The GNC shareholders had been paid with outside money. They had made reasonable inquiries to determine that Midcoast was a legitimate company. They were perfectly happy to remain innocent of the secret sauce that made it all make sense for Midcoast. Whatever monkeying around was done after they were no longer shareholders – well – Not their circus, not their monkeys.
Islamic Teaching On Usury Kills Property Tax Exemption In Tennessee
In Maryland, which has a Catholic pedigree if you go back far enough (There is a reason that they call it the Baltimore catechism) an apartment complex housing married couples serving as temple “ordinance workers” for the Church of Latter Day Saints was exempted as a “convent”. Similar status was sought and won by a pagan Phryganium in a pretty bitter struggle with assessors in Catskill, NY.
In the case of the Islamic Center of Nashville, we have an arrangement that was, in substance under general tax principles, a mortgage. If religious scruples did not prevent the calling of a spade a spade, ICN’s property tax exemption would not have been disturbed at all. Every other religion I can think of can take out a mortgage without disturbing is property tax exemption. It will be interesting if this is appealed and feeds into the debate about importing Sharia law into judicial decisions.
Kent Hovind’s Reliance On Tax Pro Letters Was Not Reasonable
As Kent Hovind, a leading light of Young Earth Creationism, nears the end of a long prison sentence for tax related crimes, he finds himself facing a new charge related...
John Koskinen Saves Tax Season With Form 3115 Relief For Small Business
This post was originally published on Forbes Feb 13, 2015 That massive sigh of relief that you will be hearing over the next couple of days is coming from all the...
Kent Hovind Supporters Gaining Ground
Pete called the office of Judge Margaret Casey Rodgers, who sentenced Kent eight years ago and is scheduled to preside over the upcoming trial. I have to tell you when it comes to Hovindicators and Judge Rodgers, don’t get them started. Steve Quayle has also picked up the story.
Rudy has gone so far as to announce that they own the internet. The great white whale of Rudy’s media campaign is Alex Jones Info Wars. Rudy has taken to calling their tip line every morning and has begun to think that Info Wars lack of attention to the matter may be a sign that Alex Jones is actually controlled opposition.
Lois Lerner’s Old IRS Team Looking Anti-tech
Last I checked there was no declaration of war in effect, so what are these “governments of nations whom are our enemies” and I may be crazy, but I think as the world gets smaller and smaller we need to think of it as a community, but that’s just me maybe.
Back in September I wrote about a pair ruling in which the EO group turned down a sorority that met on-line for 501(c)(7) status and an organization that provided free wi-fi for 501(c)(3) status. I attributed both those rulings to meatspace prejudice, but now I’m thinking there might be a full blown Luddite cult operating in there. We’ll see.
Breaking: AICPA Says Help Might Be On The Way
We find ourselves in a challenging predicament. On the one hand, we are hopeful that the IRS will issue relief which would ease the burden for small businesses. On the other hand, there is no guarantee that relief will come in time (if at all). As we move further into tax season, tensions continue to mount as rumors spread regarding what the IRS may or may not provide in terms of guidance, relief, support or enforcement.
Ninth Circuit Cuts Break To Son Of Man Sentenced To Life For Price Label Switching
The court has to decide whether the nine month limit is “jurisdictional”. If it is jurisdictional then the Court can’t even touch the case and Logan is out of luck. If the limitation is not jurisdictional then it can be “equitably tolled”. Equitable tolling would mean that the court could say “You know what. In a well run household eleven years olds don’t get to decide what to have for breakfast, so maybe we should let the kid finish high school before he has to come into federal court to claim his money” or something like that.
The Ninth Circuit ruled that the rule is not jurisdictional, which does not win the case for Logan, but it let’s the district judge now consider equitable tolling.
Here is my ruling. “Damn it. His dad got sent away for life for price label switching. Give the poor kid a break.” I would not last long as a judge.
Tax Court Hammers IRS CI Who Went Out Into The Cold
Joe Banister is the only IRS Criminal Investigation Division Special Agent ever to investigate allegations that the IRS fraudulently and illegally administers and enforces the federal income tax and report his investigation results to his IRS superiors. Rather than address legitimate concerns raised by one of the agency’s own criminal investigators, Banister’s IRS superiors suspiciously refused to address IRS wrongdoing raised in his report and instead encouraged him to resign. Observing that IRS management intended to cover up the deceit and illegal conduct alleged in his report and elsewhere, Banister had no choice but to resign from his position so that he could report his findings to the American public, in effect having to resign from his office in order to abide by his oath to support and defend the U.S. Constitution.
When Reason Fails Try Ridicule?
Hovindology is adding to my guest posting brain trust. Some of the best critiques of "creation science" that I have read have been by Nathan Zamprogno, who has been a...