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Most Recent Posts

Internet Password Protocol Not A Charitable Activity

Internet Password Protocol Not A Charitable Activity

Merely providing X to the public for free is not a charitable activity under I.R.C. § 501(c)(3). Furthermore, as stated above, the Service has recognized charitable classes to include the poor, distressed and underprivileged, the aged, and the sick or handicapped. However, the public who may use X is not a recognized charitable class. Thus, you have not shown that you are operated exclusively for one or more exempt purposes.

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Ranching Is A Hard Business But Tax Examiners Can Think It Is Fun

Ranching Is A Hard Business But Tax Examiners Can Think It Is Fun

I think baseball player came after cowboy in terms of my boyhood career choices.  The sentimentality is getting to be too much.  Next thing you know, I’ll be telling you about a 12-year-old boy in a box seat in Shea Stadium watching Jim Bunning pitch a perfect game.  The senior order clerk sitting next to the boy had probably scored the tickets from a client who happened to get particularly good execution in a then much less efficient stock market. The senior order clerk had just over a year left to live.  The game was on Father’s Day.

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Horseless Carriages Too Much Fun To Be Charitable

Horseless Carriages Too Much Fun To Be Charitable

HCCA had qualified under 501(c)(3) based on performing an educational role.  HCCA was audited for the year 2010 and it was indicated that its 501(c)(3) status would be revoked.  In the final determination, the problem seems to have been that the members were just having too much fun:

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North Carolina Declares Cash Register Zappers Contraband

Somebody enchanted with the idea of zapping might want to reflect on the fact that they are loading software into their POS system that has not been created by a legitimate vendor.  I wouldn’t be shocked to discover that there is zapping software that has additional features – like collecting credit card numbers and transmitting them to well – “the old country”.

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Pastor Loses Parsonage Exclusion To Poor Planning

Pastor Loses Parsonage Exclusion To Poor Planning

The IRS did not challenge Reverend Williams’ status as a “minister of the gospel” nor that he had spent $33,126 on expenses that would qualify as housing expenses.  The argument was that the designation of the amount was not in accordance with the regulations.

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Woman CPA Sees Little Progress In A Generation

Woman CPA Sees Little Progress In A Generation

From that point of view, I do believe that Sheryl Sandberg has a point. But, it is not the main point. If we follow her recommendations, we are just submitting to the same old paradigm. She would have us totally conform to the traditional male business style.

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Hard For Snow Birds To Avoid New York Tax

Hard For Snow Birds To Avoid New York Tax

If you are not going to entirely cut your ties to a high tax state, be prepared for an uphill battle if you try to claim residence in a different state.  Study up on why you love your new home beyond its favorable tax regime and keep a good log.

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Second Circuit WorldCom Decision Evokes Nostalgia For Dialup

Second Circuit WorldCom Decision Evokes Nostalgia For Dialup

I don’t know how much that claim is worth to the government.  Even at pennies on the dollar it would be few hundred grand.  More significantly there was an order for the IRS to refund $38,297,513 in excise tax.  The excise tax is the 3% excise on telephone services that was passed as an emergency war measure.  I

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