Most Recent Posts
Challenge To Clergy Tax Break Gets Green Light — Next Stop, Scientology?
The Freedom From Religion Foundation has won a round in litigation on the tax free housing allowances of "ministers of the gospel". Although the fight over the...
Do They Learn Enough Latin At Groton To Understand Quid Pro Quo ?
Given all the problems that there are in the world, I have not been very concerned about private schools not charging enough, but it is good to know there is somebody...
Domicile Case Lets Me Cite A Classic
William and Eleanor Kania owned homes in both Pennsylvania and Florida. They thought they were residents of Florida. The Pennsylvania Southwest Regional Tax Bureau...
How To Fix The Student Loan System
Once the reorientation of the Department of Education has been achieved, and Congress has the full story about the schools, their default rates, etc., Congress and ED should dramatically revise the lending limits to more accurately reflect the value of the education being received. This is a power that the Department of]Educationshould have used long ago, but chose not to. They should also kick out the worst of the bad schools (I suspect that at least 25% of the for-profits would be shuttered, and probably more than a few of the non-profits as well). There are surely other actions the Department will decide to take to ensure the schools are delivering a high-quality education at a low cost, but these are the two most obvious.
Where Is Occupy In The Election?
By Source, Fair use, https://en.wikipedia.org/w/index.php?curid=33128550 When not reading original source tax material, which is rather absorbing, I try to keep track...
New Jersey Tax Court Cuts A Break To Madoff Victim
There are some taxpayer wins that I feel particularly good about. The refund claim of the Estate of Theodore Warshaw is one of them. Theodore Warshaw died in...
Pennsylvania Court Gives No Relief To Investor In Tax Shelter From Hell
Several months ago, I wrote about the Marshall decision in the Commonwealth Court of Pennsylvania. Now we have Marshall II and the Court is still not cutting him a...
Weekend Slot Player Wins A Dandy Yankee Doodle Victory In Tax Court
I always like it when a taxpayer wins using the Cohan rule. Fortunato Gonzalez, who liked to play the slots on weekends recently took advantage of the rule. He had...
Will Student Loans Delay A Major Housing Recovery?
Tim Smith consults with companies on how to reach members of the Echo Boom generation, also referred to as Millenials and Gen Y (Americans born between 1982 and 1995. ...
Real Reason Romney Returns Not Being Released ?
Originally published on Forbes.com on August 21st, 2012 My friend James thinks he may have "doped out", as he puts it, why we aren't getting another decade's worth of...