Most Recent Posts
Unveiled God Needs A Lawyer In US District Court
Nancy Berryman apparently owes a bit of money to the IRS. They were seeking to foreclose on some real property which was titled to the Overseer. She wanted to represent herself, the Temple and the Overseer. The Court said no dice
JD Salinger Really Was A Park Avenue Rich Kid
James Gould Cozzens had quite a bit in a common with JD Salinger. He was a bit older, born in 1903 as compared to Salinger’s 1919. He was a prep school kid and college drop-out who achieved early literary success. Cozzens was never part of the New York literary scene. His wife Sylvia Bernice Baumgarten was a literary agent and took care of all that for him. Their “seclusion” was about two hours from New York in Lambertville, NJ.
Court Rules Against Slots Playing As A Business
Generally speaking the courts will not second guess your money making ideas. Trieu M. Lee and his spouse played the slots using the principles of Feng Shui and were recognized as engaging in a trade or business by the United States Tax Court. You have to be ready to show, however, that you are modifying your plan based on experience. Other trappings of business such as separate accounts are also very helpful. All in, when you are claiming gambling as a trade or business, you are really taking a chance. I guess you are used to that or you would have just gotten a part-time job.
Should Humanist Groups Seek Church Status ?
Then I got to China and realized that most Buddhists and Taoists are no more serious about their religion than the Reform Jews I’d known in New York were about their Judaism.
Has Kent Hovind Given Up Fight Against IRS ?
Many accounts of Kent Hovind’s travails conflate two separate issues. One is his civil tax liability and that of his wife. According to the Tax Court decisions in their cases, it appears that they were not filing income tax returns based on the theory that everything belonged to their ministry. The negative outcome in those cases mean that the Hovinds owe a lot of taxes, penalties and interest, but that is not why Kent Hovind is in prison.
Criminal Minds Stand-In Cannot Catch A Break In Tax Court
I think it is possible that from her time on a TV crime show and her somewhat unusual upbringing, Ms. McGovern may have not understood, that in tax matters, unlike criminal proceedings, the burden of proof is on the taxpayer.
Musician Wins Hobby Loss Case
Revenue agents have the same educational background as CPAs, so I fancy that I can see things from their point of view. In 2008 and 2009 Mr. Gullion and his wife had income somewhat over $100,000 per year which was sheltered by losses from his music business. From 2004 to 2010, total losses were over $130,000 with gross revenue of just over $13,000 (in total for all those years). It is going to be hard to get a no-change audit out of those numbers. Also with those numbers, I bet my most loyal commenter, Robert Baty, a retired IRS appeals officer, already has Mr. Gullion locked up and is contemplating what to do with the key.
TIGTA Finally Stumbles On The Real IRS Scandal
For tax assessments over $10,000,000 or so, IRS should not be fighting with one arm tied behind its back. They should be able to employ the same greedy, sociopathic geniuses who devised the Son-of-Boss deals and pay them whatever the traffic will bear. Only they have to barred for decades from representing taxpayers after they leave IRS.
Did Tax Court Just Say That There Are Thousands Of Unfiled Oil Partnership Returns ?
I am really puzzled as to how the IRS and the taxpayers are supposed to unscramble this egg. The Tax Court apparently has just ruled that there are hundreds (?) of unfiled putative partnership returns with a default tax matters partner, which is in bankruptcy
Occupy Wall Street Anniversary Focuses On Robin Hood Tax
Why I find this interesting is because of the way it represents the battle for the populist high ground. The Tea Party has made a comeback with its IRS scandal narrative and its last gasp against Obamacare. There does not seem to be an equivalent on the Left. The financial transactions tax might be promising in that regard, although I have to admit that my evidence for that is highly anecdotal.