Most Recent Posts
Let That Whistle Blow
Originally published on Passive Activities and Other Oxymorons on June 27th, 2011. ____________________________________________________________________________ CCA...
Unfair Lending
Originally published on Passive Activities and Other Oxymorons on June 24th, 2011. ____________________________________________________________________________ CCA...
From the Boston Tax Institute
Originally published on Passive Activities and Other Oxymorons on June 22nd, 2011. ____________________________________________________________________________ Boston...
IRS Disses Doggie Diplomas and Other Developments
Originally published on Passive Activities and Other Oxymorons on June 22nd, 2011. ____________________________________________________________________________ FISHER...
Tax Rate of 131% ? – It Can Happen
Originally published on Passive Activities and Other Oxymorons on June 20th, 2011. ____________________________________________________________________________ Kevin L....
Divorce Attornies Need to Watch Their Language
Originally published on Passive Activities and Other Oxymorons on June 17th, 2011. ____________________________________________________________________________ Betty L...
Selling Soap as a Hobby – Amway IBO’s in Tax Court
Now I am subject to the AICPA Statements of Standards on Tax Practice, which among other things forbids me from giving clients advice based on what I believe the audit selection process of a taxing authority is. I wouldn’t do it anyway, because I think most people who give that type of advice are guessing. Even if you happen to be one of my clients, I’m speaking to you purely as a reader here when I give you this advice:
You don’t tug on Superman’s cape
You don’t spit into the wind
You don’t pull the mask off that old Lone Ranger
And you don’t take no Schedule C losses from an arrangement with a company that IRS examiners have on speed-dial.
Ignore Those Bad Idea Bears-IRA Not a Good Bridge Loan Source
Originally published on Passive Activities and Other Oxymorons on June 15th, 2011. Private Letter Ruling 201118025 Private Letter Ruling 201116044 Private Letter Ruling...
From the Boston Tax Institute
Originally published on Passive Activities and Other Oxymorons on June 14th, 2011. ____________________________________________________________________________ Boston...
A Ruling on Fraud and Some Innocent Spouse Cases
Originally published on Passive Activities and Other Oxymorons on June 13th, 2011. ____________________________________________________________________________ Private...