Most Recent Posts
Stiff Sentences In Conservation Easement Criminal Case – Reactions
“A 25-year prison sentence and an order to pay $458 million in restitution should give significant pause to those continuing to promote syndicated transactions under other guises, like fee simple donations. It also should give promoters being sued by investors pause, as the DOJ’s case against Fisher went a long way to exposing the blatant valuation abuses involved in these transactions”
Supreme Court Moore Case – Conservatives Dismiss Founding Era Opinion
Organizations that generally favor lower taxes and a more limited role for the federal government will often also be arguing for an originalist interpretation of the Constitution. In this case the anti-tax argument requires them to make light of a Supreme Court decision that came down when the ink was barely dry on the Constitution.
Navigating Business Stability: Key Strategies for Financial and Operational Mastery
Image: freepik rawpixel.com - by Rita Harris Navigating Business Stability: Key Strategies for Financial and Operational Mastery Navigating the complexities of modern...
Making the Most of Your Tax Refund
Your Tax Matters Partner is introducing a new guest writer - Rita Harris - Getting a tax refund can bring much-needed relief to many people. This extra money can be...
Zaxby’s Cofounder Sues US For $43 Million Over Conservation Tax Deductions Of $166 Million
Tony Townley is one of the cofounders of Zaxby's a chain of fast casual restaurants. There are more than 900 locations in 17 states. Goldman Sachs acquired a...
Tax Court Exposes Financial Engineering Of Conservation Easements
Judge David Gustafson injected a good dose of common sense into the ongoing struggle between the IRS and the syndicators of conservation easements. His opinion in Mill...
Are You Really Sure Your Electronic Form 1040 Was Filed?
Still if I were running a family office I would start pulling transcripts of each return and comparing them with what the accounting firm gave us with Form 8879. There must be people who do that, even though I was today years old when the idea occurred to me.
Who Is Stuck With Tax Tab For Bang Energy Monster Sale? Jack Owoc Or The Creditors
Seems like everything becomes a tax story eventually and so it goes with the colorful controversial Jack H Owoc and his Vital Pharmaceuticals best known for its Bang...
Financial Engineering – Syndicated Conservation Easements
This table comes from the Tax Court decision in Mill Road 36 Henry LLC. In each case promoters applied for conditional zoning approval to build an assisted living...
Wall Street Journal Supports Abusive Conservation Tax Shelters
The Editorial Board made a glaring misstatement of the law in its editorial A Case of Tax Fraud – at the IRS.