Most Recent Posts
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.
Does Tax Court Booster Decision Threaten Scouting?
If we could go back in time and erase from history whoever first thought of financing charitable activities by having kids and their parents sell a variety of food items and other miscellany such as Christmas cards, the world would be a better place. With one very large exception. That would be Girl Scout Cookies – specifically Thin Mints
Real Estate Partnerships And State Income Tax – Nasty Surprises
When it comes to New Jersey Gross Income Tax, keeping the partnership alive cost Ms. Dinallo $166,049 plus penalties and interest.
Chamberlain Medal Of Honor Raises Tax Question – Can You Value What Cannot Be Sold ?
Matt suggested that a good indication of the value of Chamberlain’s Medal of Honor might be derived from the selling prices of Victoria Crosses,