Most Recent Posts
Hurricane Sandy Tax Relief – More Than Meets The Eye
You may have already seen that the IRS has issued an extension of time to file returns and pay taxes for people in certain areas affected by Hurricane Sandy. The...
Unfair Tax Court Decisions On Life Insurance Are Tip Of Unclaimed Property Iceberg
Companies like Mass Mutual are being “encouraged” by state treasurers to run the records of their insureds against the Social Security Death Master File. That’s an awful lot of trouble to go to. It is just so much simpler to keep going with the automatic policy loans until the policy burns itself out.
Evangelicals And Corporation Sole – Not A Marriage Made In Heaven
Given the numbers you would expect that most tax cases involving religion would involve Protestants. That is the case based on my unscientific sampling, but actually it is disproportionate. Protestants have more than their share of church tax cases.
Green Party Candidate Jill Stein Arrested Again
Amazingly we pulled it off. Doctor Stein indicated that her returns would be released shortly. Since then she has been arrested twice. I’m going to take the word of her campaign that they have just been too busy to get around to releasing the returns. It doesn’t seem like anybody else is asking.
The Ryan Bailey Story As A Tax Tale
The way I want to frame the story is similar to the way The Blind Side was done. Sorry, I can’t find the right clip. In that movie, football player Michael Oher has to stand up to an NCAA investigation. The concern is that the family that helped him was acting as boosters for Old Miss. I knew somebody who told me about working full time for a college managing eligibility issues. I understand that NCAA compliance can get as complicated as tax law. The Ryan Bailey story could be framed as a tax story and it would be, as they say in those movies, based on a true story.
Hurricane Sandy Tax Planning
Originally published on Forbes.com Oct 29th, 2012 If you are anywhere near the East Coast, I hope by now you are in a safe place and have a good stock of drinking water...
Balanced Budget And Comprehensive Tax Reform Made Simple ? The Automated Payment Transaction Tax
Automated Payment Transaction Tax (APT). Have you heard of it ? I probably would not have heard of it had I not interviewed Green Party Presidential Candidate...
Must Earl Grey Collect Sales Tax From Captain Picard?
Every once a while you get a glimpse of the future in a relatively obscure tax pronouncement. This New York Counsel Advisory Opinion is a good example. What is the...
Track Star Ryan Bailey’s Coach Beats IRS In Tax Court
This is probably the key thing that differentiates winners from losers in hobby loss cases. Mr. Parks did not just seek expert advice about helping people to run faster. He sought expert advice about how to make money helping people to run faster.
Major Estate Tax Change Looming – Don’t Be A Last Minute Louie
The case for making a large gift in 2012 to use up the unified credit against gift and estate taxes is compelling for people who can afford it. Right now, taxable...