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Serial Guest Blogger Comments on Family Limited Partnership Case
Originally published on Passive Activities and Other Oxymorons on May 17th, 2011. ____________________________________________________________________________ Matt...
Blame it on the Scrivener
Originally published on Passive Activities and Other Oxymorons on May 16th, 2011. ____________________________________________________________________________ Xianfeng...
Survivor Spurns Self Reliance – Richard Hatch Loses Appeal
Originally published on Passive Activities and Other Oxymorons on May 15th, 2011. ____________________________________________________________________________ U.S. v....
If You Kill Your Parents It’s Your Own Fault You are an Orphan
This was a protester who was complaining about having to file all his delinquent returns as a condition of his supervised release. He figures the IRS already did substitute returns and that it was going to be hard to dig up records from that long ago. The Court had no sympathy as they cited one of my favorite jokes.
We hold that the district court correctly calculated the applicable sentencing range and did not abuse its discretion in imposing an obligation to file all unfiled tax returns and pay all outstanding tax arrears as a condition of supervised release.
We note that any difficulties that may arise from the age of the necessary documents or the passage of time are entirely self-inflicted; had he complied with his duty to file the returns when they were initially due, there would be no such troubles. His contention on appeal that this state of affairs amounts to a “burden” imposed by the district court is absurd, like killing your parents and complaining of being an orphan.
What Is So Great About Sliced Bread ?
Originally published on Passive Activities and Other Oxymorons on May 11th, 2011. ____________________________________________________________________________ CCA...
Massacusetts Leading Tax Educator Contributes to PAOO
Originally published on Passive Activities and Other Oxymorons on May 10th, 2011. ____________________________________________________________________________ My search...
Threaten to Go Bankrupt – That Will Really Scare Them
Originally published on Passive Activities and Other Oxymorons on May 9th, 2011. ____________________________________________________________________________ IN RE:...
Enterpeneur Wants Comprehensive Tax Compliance Solution
Originally published on Passive Activities and Other Oxymorons on May 8th, 2011. ____________________________________________________________________________ In...
It’s 10:00 PM Should You Know Where Your IRS Agent Spouse Is ?
Originally published on Passive Activities and Other Oxymorons on May 6th, 2011. ____________________________________________________________________________ PMTA...
Hard Rock Case Still Up in the Air Though Some Elements Well Grounded
It is not surprising that Mr. Morton owned several entities for several different purposes- ownership of different property, management, etc. He picked one of them RWB, an S corporation, to own the jet. He provided the corporation with the funds to pay related expenses. A different corporation 510 Development Corporation hired the flight team of pilot, co-pilot and flight attendant. We don’t need to get into the details of the purposes of the various entities to frame the issue. RWB, all by itself, was not about to make a profit from owning the plane. So the IRS wants to disallow any expenses over and above some charter income. Mr. Morton maintains that the plane was being used for his overall enterprise – himself and all his various entities. The Court approves of the latter approach: