12albion
Betty Friedan 360x1000
1lookingforthegoodwar
3theleastofus
299
3confidencegames
7confidencegames
1defense
Anthony McCann2 360x1000
Susie King Taylor2 360x1000
199
1lafayette
Margaret Fuller1 360x1000
5albion
Stormy Daniels 360x1000
1paradide
2theleastofus
2paradise
Margaret Fuller2 360x1000
1falsewitness
1albion
11albion
Thomas Piketty2 360x1000
1madoff
1lauber
2jesusandjohnwayne
Margaret Fuller3 360x1000
2albion
6confidencegames
1theleasofus
14albion
2defense
Adam Gopnik 360x1000
Ruth Bader Ginsburg 360x1000
2trap
James Gould Cozzens 360x1000
Anthony McCann1 360x1000
8albion'
Edmund Burke 360x1000
Maria Popova 360x1000
Lafayette and Jefferson 360x1000
Mark V Holmes 360x1000
2falsewitness
Mary Ann Evans 360x1000
5confidencegames
storyparadox3
lifeinmiddlemarch1
AlexRosenberg
9albion
storyparadox2
2transadentilist
Margaret Fuller 2 360x1000
Margaret Fuller5 360x1000
Margaret Fuller4 360x1000
3paradise
2gucci
Storyparadox1
7albion
Spottswood William Robinson 360x1000
Thomas Piketty3 360x1000
2confidencegames
lifeinmiddlemarch2
13albion
4confidencegames
Richard Posner 360x1000
Tad Friend 360x1000
Maurice B Foley 360x1000
3defense
Margaret Fuller 360x1000
2lookingforthegoodwar
Susie King Taylor 360x1000
1empireofpain
LillianFaderman
1gucci
George F Wil...360x1000
Office of Chief Counsel 360x1000
1jesusandjohnwayne
Samuel Johnson 360x1000
4albion
Gilgamesh 360x1000
1confidencegames
3albion
2lafayette
11632
399
1trap
Thomas Piketty1 360x1000
6albion
Learned Hand 360x1000
George M Cohan and Lerarned Hand 360x1000
1transcendentalist
499
10abion
Brendan Beehan 360x1000

Most Recent Posts

Benefit Of Clergy – Why Special Tax Treatment For Ministers Needs To Go

What we really need is the Clergy Tax Reform Act Of 2014.  The Act would repeal Code Section 107 in its entirety and the provisions in the withholding, social security, and self-employment sections dealing with ministers.  Essentially, clergy would be treated like everybody else.  According to Reverend William Thornton, many moderately compensated clergy would feel fine about this solution.

read more

Tax Court Cuts No Slack On Strip Joint Fraud Penalty

There are a lot of concerns about the whole “gentlemen’s club” phenomenon.  The greatest one is probably the exploitation of the “dancers”.  This can be facilitated by the fiction that they are independent contractors.  I doubt that there are any statistics on the level of dancer tax compliance, although you can find groups like We Are Dancers, which encourage tax compliance.

read more
The Dog That Did Not Bark – IRS Issues Adverse 501(c)(4) Rulings To Deafening Silence

The Dog That Did Not Bark – IRS Issues Adverse 501(c)(4) Rulings To Deafening Silence

An interesting question about the whole scandal narrative is how it would look if it turned out that many of the groups that the IRS “targeted”  were in fact inappropriately claiming 501(c)(4) status.  Tea Party Patriots Inc, for example, spends a lot of energy talking about how all those intrusive questions were harassment, but what if it turns that, in fact, all those phone calls that TPP Inc made telling people that November 2012 was the last chance to stop Obamacare from turning the country into a cradle to grave welfare state could be viewed as political? 

read more
Flap About NFL Tax Exemption Seems Silly

Flap About NFL Tax Exemption Seems Silly

Years ending March 31, 2012, and March 31, 2011.  There are losses in both years – $77,628,857 and $52,195,047 respectively.  Those years are not anomalous. The National Football League has liabilities in excess of assets of $316,642,454 Superficially, it would appear that the 32 member teams of the NFL have increased their aggregate cumulative tax liability by over $100,000,000 due to the method of organization that they have chosen.

read more
KPMG Tax Partner Denied Mulligan On Sketchy Tax Shelter

KPMG Tax Partner Denied Mulligan On Sketchy Tax Shelter

The IRS served two summonses on KPMG on March 19, 2002 for its role in promoting SOS transactions. In March 2004, shortly after KPMG gave the IRS a list of SOS participants including the Bergmanns, they filed an amended return for 2001 removing all the previously-claimed losses and reporting and paying an additional $205,979 in taxes. At no point did the Bergmanns concede that the losses were improperly reported or foreclose themselves from taking another position on a later amended return

read more
Is Tax Court Rebelling Against Supreme Court?

Is Tax Court Rebelling Against Supreme Court?

The “not liable” argument appears to have a very powerful hold on the imagination of alternative tax theorists.   You kind of almost have to admire someone like Mr. Thomas who racks up the sanctions making it.  It might actually not be such a bad thing if the Supremes would take a couple of these cases and clear the air with a couple of 9-0 decisions.  In the meantime, even if you are convinced of the validity of these arguments you should recognize that there is no point in raising them with the IRS or in the Tax Court.

read more
Is Kent Hovind A Tax Protester?

Is Kent Hovind A Tax Protester?

What is really intriguing about the movement is that it seems to be immune from acknowledging its losses.  When a former friend got caught up in the movement, I spent a lot of time looking into his various arguments.  Before the courts lost their patience with arguments they considered frivolous, there were rulings on issues such as wages being income and the sixteenth amendment having actually passed.  Those rulings made no impression.  The answer is that “The courts are corrupt”.

read more
Soldier To Tax Accountant – Rachel Millios EA

Soldier To Tax Accountant – Rachel Millios EA

The legal aide job was Rachel’s introduction to tax work.  The base legal group coordinated the IRS VITA program at Fort Campbell, which provided free tax returns to service members and military retirees.  Rachel had completed her bachelor’s degree on-line while in the Army and used GI Bill benefits to get an MBA.  After leaving the Army, she worked for the USO for a while, but then started working remotely for a virtual firm that prepares tax returns for expatriates. She took the IRS exam and earned the enrolled agent (EA) designation.

read more