Most Recent Posts
Chief Counsel Squashes Mysterious Technique
Originally Published on forbes.com on February 26th, 2012 ______________________________________ I hate it when somebody comes up with a dastardly plot and I still...
Land Holding Family Limited Partnership Stands up for Woman of the Year
Originally Published on forbes.com on February 26th, 2012 ______________________________________ Joanne Harrison Stone’s parents founded TAP Publishing in 1937. The...
Round Up the Usual Suspects – Paying for a 28% Corporate Rate
Originally Published on forbes.com on February 24th, 2012 ______________________________________ President Obama wants to cut the maximum corporate tax rate from 35% to...
Some Not Ready for Prime Time Minor Developments
Originally Published on forbes.com on February 23rd, 2012 ______________________________________ As usual, there are a few items that don’t seem to transform...
Should Jeremy Lin’s College Coach Get a Tax Break for Being a Congregationalist ?
Originally Published on forbes.com on February 22nd, 2012 ______________________________________ Is that title a stupid question or what ? It seems though that if...
Southern Baptist Minister Defends Clergy Tax Benefit
As a Southern Baptist pastor, I have benefited from the ministerial housing allowance and am fond of this particular expression of our tax policy. I have also been disgusted at the use of the housing allowance by a few highly paid clergy to shelter huge sums of income on fabulous primary homes and even second homes, though I understand that the latter has been suspended by a recent court decision.
Same Sex Couples Need to Act Soon to Preserve Possible Refund Rights
Originally Published on forbes.com on February 19th, 2012 ______________________________________ Same sex couples who were married as of December 31, 2008 need to act...
IRS Veteran Carries Fight Against Clergy Tax Abuse into Retirement
Originally Published on forbes.com on February 18th, 2012 ______________________________________ Testing The Constitutional Mettle of IRC 107! I have written a bit...
Fantasy Gravel Mining And Other Fun From the Tax Court
There is a really interesting discussion of what is involved in imagining a fantasy gravel mine – things like whether the power company will backhaul the gravel for you in its coal hoppers. The Tax Court valued the easements at less than 10% of the taxpayer’s valuation.
Court Stomps on Clergy Tax Abuse
Originally Published on forbes.com on February 15th, 2012 ______________________________________ Phil Driscoll is an ordained minister and quite a trumpet player. He...