Most Recent Posts
Tribe To Receive Millions In Federal Unemployment Tax Refunds
Originally Published on forbes.com on August 19th, 2011 ______________________________________ Refund cases into seven figures will always catch my eye. For it to be a...
Key Part of Obamacare Unconstitutional – Eleventh Circuit Rules
Originally Published on forbes.com on August 17th, 2011 ______________________________________ The Eleventh Circuit has issued its ruling in State of Florida v US...
Yo “Patriots” Your BS Doesn’t Work For Property Taxes Either
Originally Published on forbes.com on August 17th, 2011 ______________________________________ Last month I dipped into a couple of days worth of the latest federal...
How Double Taxed is Warren Buffett ? 35% or 7% ?
Originally Published on forbes.com on August 17th, 2011 ______________________________________ Let me start by saying that I believe Mr. Buffett is a stand-up great...
We Won’t Get Ahead By Taxing Warren Buffett More — Jennifer Aniston, Maybe
Originally Published on forbes.com on August 16th, 2011 ______________________________________ Update - I don’t know if they are reading me in the White House or not,...
The Real Reason Warren Buffett’s Taxes Are Low
Originally Published on forbes.com on August 15th, 2011 ______________________________________ Warren Buffett was in the New York Times today bragging about his low...
Warren Buffett Benefits More From Deferral Than a Low Rate
Originally Published on forbes.com on August 15th, 2011 ______________________________________ I have received several comments on my post on Warren Buffett’s taxes...
Soon I Start Charity For Taxi Mechanics From Old Country
Originally Published on forbes.com on August 14th, 2011 ______________________________________ One of my favorite TV tropes is “the old country”. One of the characters...
Horse Breeders Win In Tax Court
(1) The manner in which the taxpayer carries on the activity;
(2) the expertise of the taxpayer in carrying on the activity;
(3) the time and effort expended by the taxpayer in carrying on the activity;
(4) the expectation that assets used in the activity may appreciate in value;
(5) the success of the taxpayer in carrying on other similar or dissimilar activities;
(6) the taxpayer’s history of income or loss with respect to the activity;
(7) the amount of occasional profits, if any, which are earned by the taxpayer;
(8) the financial status of the taxpayer;
(9) elements of personal pleasure or recreation
Wandering Tax Pro Meanders to Forbes
Originally Published on forbes.com on August 11th, 2011 ______________________________________ When I started tax blogging in earnest, I was very pleased by the...