Most Recent Posts
Amended Returns Due to DOMA Case – What Needs to be Done
Originally published on Passive Activities and Other Oxymorons on February 27th, 2011. ____________________________________________________________________________ This...
DOMA Unconstitutional – Practical Tips
Originally published on Passive Activities and Other Oxymorons on February 24th, 2011.____________________________________________________________________________ In...
Through The Hoops
Update The Tax Cuts and Jobs Act has added a new hoop. It conveniently comes at the end. Code Section 461(l) disallows excess business losses, Here is an example form...
Time For Robin and Terry To Amend
Originally published on Passive Activities and Other Oxymorons on February 23rd, 2011.____________________________________________________________________________ This...
OK 2010 This is Really Goodbye
I became interested in accounting in part from reading stories about epic frauds. I doubt anybody will ever top Alfredo Reis. Read the book about him if you don’t believe me. He convinced the British bank note printing company that printed the money issued by the Bank of Portugal that he worked for the bank and got them to print money for him. He used the money to buy stock in the Bank of Portugal which was the only entity that could prosecute counterfeiting. These fellow aren’t in the same league, but given the adverse conditions they were working under (being in prison and all), they really achieved a lot.
Even More About Short Sales
Originally published on Passive Activities and Other Oxymorons on February 20th, 2011.____________________________________________________________________________ I...
Staying Out of the Dog House
Originally published on Passive Activities and Other Oxymorons on February 18th, 2011.____________________________________________________________________________ CCA...
Donee Gets Income Tax Deductions for Medical Expenses and Taxes
Originally published on Passive Activities and Other Oxymorons on February 16th, 2011.____________________________________________________________________________...
If You Were Wondering _____ Don’t Even Bother to Ask
Originally published on Passive Activities and Other Oxymorons on February 14th, 2010.____________________________________________________________________________ Rev....
From Mercenaries to Mothers Milk
Originally published on Passive Activities and Other Oxymorons on February 11, 2011.____________________________________________________________________________...