Most Recent Posts
2012 Mega-Gift ? Tough Decision For The Moderately Wealthy
In order for a gift to stand up to IRS scrutiny and not be pulled back into your estate, you have to not have the ability or even an implicit understanding that you can get it back. Nonetheless, if you leave yourself enough to get by for say 10 years, that should not be a problem. After 10 years, you can count on your wealthy children to take care of you. Just remember this plan did not work out so well for King Lear.
Drag Racing And Horse Breeding In The Same Case – At Least They Didn’t Try Amway
Originally Published on forbes.com on April 22nd, 2012 ______________________________________ The recent tax court decision in the case of Mark and Martha Ryberg is...
People Who Criticize Romney’s Extension Are Ignorant Or Hypocritical – The Proportions Vary
Originally Published on forbes.com on April 19th, 2012 ______________________________________ Looking at my twitter feed, I see a lot of people are making a big deal...
Unfair To Knock Romney For Getting An Extension
Originally Published on forbes.com on April 16th, 2012 ______________________________________ robably every day is a holiday somewhere, but yesterday was rather...
Does Obama Return Make Michael S Solheim “First Accountant” ?
Originally Published on forbes.com on April 14th, 2012 ______________________________________ So here it is 9:00 PM on Saturday April 14th and I decide to look at one...
IRS Strikes Out Retired Pitcher Dave LaPoint – Alimony Not For The Dead
Originally Published on forbes.com on April 14th, 2012 ______________________________________ Dave LaPoint was a major league pitcher in the eighties and into the...
CPAs Need To Know When To Call In Tax Attorney
Originally Published on forbes.com on April 11th, 2012 ______________________________________ So I’m starting my list of most unfair tax decisions of 2012 with the...
Stupid Is As Stupid Does – Tax Protesters And The Cheek Defense
Originally Published on forbes.com on April 8th, 2012 ______________________________________ I recently wrote about the Browns whom Ron Paul likened to Mahatama Gandhi...
F. Lee Bailey Was No Tax Court Virgin
Bailey might have reflected on that in his own case. He actually won on a couple of at least moderately complex legal issues but he got absolutely creamed on substantiation. That one sentence “The burden of proving deductions is on the taxpayer” is something that Bailey should have remembered.
F. Lee Bailey Tax Attorney – More Fun Than Anietra Hamper’s Underwear
You probably have to be over 40 to remember the Symbionese Liberation Army and Patty Hearst. His rise to prominence from the Sam Sheppard acquittal was in 1966. When I mentioned that I was surprised that the story hadn’t generated more interest, I was told that most twitter users might not recognize his name and it was too bad that the story wasn’t about Justin Bieber, whoever he is.