Most Recent Posts
Fertility Treatment – Is IRS Heteronormative Or Just Muddled ?
.the IRS and the Tax Court are operating with a heteronormative, marriage-centric understanding of natural or normal reproduction, what qualifies medical and who makes an appropriate parent. This set of norms drove the IRS and the Tax Court to conclude in Magdalin that a deduction was not permissible—not because of any command in the doctrine, but rather because the taxpayer in that case did not fit the IRS’s and the Tax Court’s understanding of who a proper parent is
Even Real Estate Salesman Has Trouble With Passive Loss Exception
Even accepting that he spent 520 hours working on his own properties, he still lost. Two of the properties were short-term vacation rentals and one was being readied for sale. The time spent on those properties could not be grouped with the time spent on properties dedicated to long term rentals.
Co-op Owner Wins Casualty Loss Appeal
I was wondering a little about the case going this far given the relatively small deficiency involved. According to this story this was being used as a test case for 200 other Castle View owners. Eric Levine, the attorney handling the case indicated that it may have broad implications in the wake of Hurricane Sandy:
Is IRS Persecuting Kent Hovind For Creationism ?
Bottom line, it seems rather unlikely that when federal agents went into Kent Hovind’s Dinosaur Adventure Land, it had anything to do with what was being taught there.
Maryland Exempts Residence For Mormon Temple Workers As "Convent"
The ordinance workers qualify as a “community of people who live together.” Although the workers inhabit separate units within the apartment complex, they live together at one location, socialize, and worship together as a group every Sunday. In addition, the ordinance workers “follow strict religious vows” and are removed from their positions working in the Temple if they forsake them.
Is Art Advisory Panel Giving Taxpayers A Fair Shake ?
On the surface, it strikes me that the panel might be doing OK, but, of course I’m probably as cynical as the average revenue agent – and know as much about art. That’s why I ask Matt about things like this.
Future Baseball Commissioner Tackles Tax Laws As Complex As Infield Fly Rule
As previously discussed, subchapter K’s provisions are largely technical, involving specialized language, multi-factored tests, and computational analyses that challenge all but the most experienced partnership tax specialist.
Not Income Tax Evasion – Structuring – That’s How They Got Kent Hovind
Despite his claim to the Creations Science Hall of Fame that he is not a tax protester, Mr. Hovind at different points in time has made the type of statements associated with protesters and based on the outcome of civil litigation had not been filing returns. He was pretty well trounced in Tax Court and it is possible that going after him criminally was superfluous, but I have never been able to discern why it is that some cases rather than others go criminal.
Real Estate Professional Status – Becoming More Important – Very Hard To Prove
750 hours is not the sole requirement. You also have to spend more time on the real estate activities than you do on anything else. This generally proves to be an insurmountable obstacle for amateur landlords with day jobs, particularly since there is a much harder unstated requirement.
Is Super Bowl Monday Holiday More Important Than Tax Reform ?
My plan to flood the White House "We The People" petition site with tightly targeted tax simplification proposals has not taken off. That does not mean I am giving up,...