Most Recent Posts
S Corporation Rental Income Not Passive Except When It Is
Originally Published on forbes.com on July 31st, 2011 ______________________________________ Private Letter Ruling 201118011 A C corporation is a taxable entity. ...
IRS Feels Peace Activist’s Stubborn Ounces
Originally Published on forbes.com on July 30th, 2011 ______________________________________ William Ruhaak believes that his conscience-based objection to military...
Random Round-up
Originally Published on forbes.com on July 29th, 2011 ______________________________________ I identify quite a few cases and rulings and the like, that seem very...
Charitable Acknowledgment Requirement is Absolute
Originally Published on forbes.com on July 29th, 2011 ______________________________________ In compliance matters, there are some things that you cannot emphasize...
Thomas More Law Center Appeals Obamacare To Supreme Court
Originally Published on forbes.com on July 28th, 2011 ______________________________________ Earlier this month I reported on the decision in the suit by Thomas More...
Covenant Not To Compete – Not Good for Seller or Buyer
Originally Published on forbes.com on July 28th, 2011 ______________________________________ I used to really like the word “covenant”. It had a certain majestic ring...
Drag Racing and Amway – Fun Not Profit
Originally Published on forbes.com on July 26th, 2011 ______________________________________ The case of Richard Zenzen is the most recent “hobby loss” case that I have...
You Can Be Two Places at Once if One of Them is New York
Originally Published on forbes.com on July 25th, 2011 ______________________________________ Most states and a few cities tax their residents on their world-wide...
Man Gets Innocent Spouse Status
Originally Published on forbes.com on July 22nd, 2011 ______________________________________ The case of Timothy Lee Richard is unusual for two reasons. The first is...
IRS Meets Mr. Mxyzptlk
Originally Published on forbes.com on July 22nd, 2011 ______________________________________ When I see a case called United States v Ultra Dimension, I know that I’m...