Most Recent Posts
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...
War Tax Resistance Today
Originally published on forbes.com on August 10, 2011. ________________________________________________________________________ This is the second post in a series...
War Tax Resistance Today
Originally Published on forbes.com on August 10th, 2011 ______________________________________ This is the second post in a series (possible a two part series, but...
Damages For Distress from Harassment Taxable
Originally Published on forbes.com on August 9th, 2011 ______________________________________ When the Tax Court is right, it is right, but we don’t have to like it. ...
I Still Think The Life Insurance Company Screwed Them
I agree with Perry’s overall analysis. If you want the income tax benefit of life insurance, you need to drop dead.