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Looking At Kent Hovind’s Innocence Claims
As I noted in yesterday’s post Kent Hovind’s team as represented by Ernie Land will be going with a “sovereign citizen” type of defense. Ernie believes that a few people have actually succeeded with those types of defenses, but their records are sealed. That type of scenario puts my bs detector into high gear, but I don’t doubt Ernie’s sincerity.
Looking At Kent Hovind’s Innocence Claims
I fear it may not. In his interviews, Kent has not foreclosed what I, as a layman, see as his best defense. That would be to plead that he has gotten some really bad advice from Glenn Stoll and now realizes that he was mistaken. I used to think that Kent could never admit he was wrong about anything, but in his interviews he indicates that he was wrong about the pre-Tribulation rapture (I’ll leave explaining that to my theologically inclined commenters). I would try to pull in someone like Robert Howze, The Pastors CPA, who would be able to relate many instances of churches and ministries that have been misled by charlatans. I’ve reached out to some white collar defense experts, but have not found any interested in commenting so I’ll have to leave it at that.
Kent Hovind Asks Supporters For Noise And Light To Defend Him
This is not rural America. It is downtown Pensacola, Florida and if that does occur it could get ugly quick, and a lot of more peaceful people would end up in a situation that would not be very good. I support the patriots who helped Bundy, and under those circumstances it went well.
CHRISTMAS EVE IN THE WHITE HOUSE, 1963
My friend Tom Cahill has given me permission to republish his letters home from his voluntary exile in France. This is the eighth in the series. It will be daily...
Kent Hovind Asks Supporters For Noise And Light To Defend Him
When I told my covivant about Rudy’s Secret Service interview, I had one of those feeling good about being an American moments. There have been 12 Presidents in the White House during my lifetime. Three have been shot. That’s 25%. Maybe there is another job with that kind of exposure to taking a bullet, but I don’t know what it is. So I’m glad that the Secret Service takes threats against the President quite seriously. On the other hand, if you think the President is guilty of a crime punishable by death, you have the right to put that out there.
Kent Hovind Update
Kent Hovind has quite a social media campaign going on as we approach his February 9, 2015 trial for mail fraud. I will be covering it tomorrow (January 12 and 13) on...
LBJ Unmasked By Phil Nelson
My friend Tom Cahill has given me permission to republish his letters home from his voluntary exile in France. This is the sixth in the series. It will be daily until...
The Stickiness Of Domicile – Hard To Leave State Income Tax Behind
If Frank and Fanny were working for a Big Four accounting firm on a long foreign assignment, the sticky Georgia domicile might not be such a hardship, since most, if not all, of their work income would be covered by the foreign earned income exclusion. The foreign earned income exclusion does not apply to federal government employees, so it does not help these taxpayers.
The “LBJ University of Dirty Politics”
My friend Tom Cahill has given me permission to republish his letters home from his voluntary exile in France. This is the fifth in the series. It will be daily until...
Can Walgreen Stance On Property Tax Hurt Income Tax Position Of 1031 Investors?
Why does this scare me? Well, if I was what I refer to as the agent from hell and I was auditing somebody who had exchanged into the $4,325,000 Oshkosh Walgreen, I would be inclined to say. “You know. It looks to me like your exchange facilitator only put about $1.7 million or so into real estate as it is defined under state law in Wisconsin. The balance went into a contractual right, which is property not of like kind, making it taxable boot.” Yuck.
If my fear is justified, things would not be good for the sub sub industry that has relied on the pools of 1031 money. At least one prominent expert, Charles Egerton who is a past chair of the ABA’s Section of Taxation, thinks that my fears may be groundless. I do have to say though that it troubles me that people are saying that a property is worth one thing when they go to the capital markets and determine whether something qualifies for income tax deferral and something less, a lot less, when it comes to how much they have to chip in for the cops and the fire fighters and the school kiddies, but that’s just me, who might have been the agent from hell, if he hadn’t had the good luck to be hired by Herb Cohan.