Most Recent Posts
$10 Million N.C. Taxpayer Loss Shows Need For Planning To Move Tax Domicile
To effect a change of domicile there must be (1) an actual abandonment of the first domicile, accompanied by the intention not to return to it and (2) the acquisition of a new domicile by actual residence at another place, coupled with the intention of making the last acquired residence a permanent home.
IRS Recognizes All Marriages But Not Civil Unions
There was some speculation that civil unions and registered domestic partnerships might be recognized as marriages for federal tax purposes. The IRS did not go that far. If the state where it is performed does not recognize the arrangement as a marriage, it is not a marriage for federal purposes.
Tea Party Patriots Inc And IRS – Who Is Being Unreasonable ?
Hi. This is Brenda calling with an action alert from the Tea Party Patriots. Well Larry, I know you are busy so I will get right to the point. This election is our last chance to stop Obamacare and stop our country from becoming a cradle-to-grave welfare state. Right now are just $50,000 short of the amount we need to finish our door-to-door voter outreach and carry out our plan to stop left-wing voter fraud.
Louisiana Second Amendment Sales Tax Holiday – Why Stop There ?
Still, I’ve been thinking we should extend this concept and have tax holidays dedicated to other amendments. I haven’t come up with something for every single amendment, but I’ll share some of my ideas with you and maybe you can offer some suggestions.
Open Atheists Already Collect Tax-Free Clergy Housing Allowances
The “first parish” theocratic phenomenon is a feature of many, although not all, New England UUA congregations. In other parts of the country, UU congregations were founded explicitly as centers of liberal religion. They have shorter histories, but no association with witch hanging.
S Corporation SE Avoidance Still A Solid Strategy
Despite court losses and the lack of any discernible policy justification, it appears that the S Corporation SE tax avoidance strategy is still solid. Small business owners should examine the implication carefully, though, before jumping into it.
Whistleblowing Can Be A Business
The court went through a “hobby loss” type analysis to determine whether Mr. Bagley was engaged in a trade or business. He passed most of those tests – profit motive, acting in a business-like manner, expertise, time and effort – with flying colors. He even convinced the Court he was not enjoying himself, although this does seem like a situation fraught with the potential for schadenfreude.
Michigan Collects Use Tax On Illinois Resident's Rhode Island Yacht
Originally published on Forbes.com Aug 22, 2013 It looks like John Podmajersky will be paying the State of Michigan nearly $100,000 in use tax on his 65 foot yacht, the...
Group Claiming To Teach True Meaning Of Islam Denied Exempt Status
Z Street, a pro-Israel group, is suing the IRS over its loss of exempt status. They are talking about a BOLO similar to the Tea Party one concerning “disputed territories in the Middle East”. The IRS may be particularly jumpy about purported Islamic charities since the fall-out from the case of Muhamed Mubayyid and Care International, Inc, which turned out to have some purposes not usually thought to be exempt – like funding jihad.
IRS Eases Up On War Tax Resisters
If a taxpayer submits a document with a frivolous argument to the IRS, a penalty under section 6702(a) will apply only if the taxpayer files a purported tax return that either does not contain information on which the substantial correctness of the self-assessment may be judged or contains information that on its face indicates that the self-assessment is substantially incorrect. I.R.C. §6702(a)(1).