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Most Recent Posts

Kent Hovind Sues US Government For Over Half A Billion Dollars

Kent Hovind Sues US Government For Over Half A Billion Dollars

Kent Hovind has finally followed through on the lawsuit that he promised to bring to seek compensation for what he sees as unjust imprisonment and theft of his property. He had always indicated it was going to be a lot, but frankly I hadn’t expected anything nearly $536,041,100. I would have thought forty or fifty million would have been enough.

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Paycheck Protection Loan Forgiveness Just Got Easier

#TaxTwitter where tax professionals of various sorts kind of swap professional recipes and engage in remote group therapy practically turned into all Paycheck Protection all the time as CPAs and others who often are a business’s most trusted advisers threw themselves into helping their clients.

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11th Circuit Blesses Conservation Merit Of Golf Course

The Eleventh Circuit has given one of President Trump’s favorite tax deductions a boost with its decision in Champion Retreat Golf Founders LLC. When a list of Trump Charitable contributions was released, “Various Conservation Easements” topped the list at $63,825,000 and according to this story in the Wall Street Journal, golf courses number among his many easements.

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Why Do We Need Public Companies To Hand Out Free Money?

Now if you are somebody who just got an EIP card you might wonder why you have to pay more for the second card replacement than a Direct Express cardholder. I can’t figure it out, but the DE cardholder is likely a veteran or a senior citizen (or maybe both), so you should not feel bad about it. Thank them for their service or congratulate them for having lived so long and carry on.

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Debit Card Impact Payments Are Real

My source called the number as directed. She had to enter the card number and six of digits from her social security number. Then she was told the balance. There is a website you are directed to (eipcard.com) where the Money Network tells you how to use your card.

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Tax Attorneys Fight Covid-19 Stay-Home Order In Idaho

Mac styled himself the “Courtroom Commando”. I generally disapprove of tax professionals using military metaphors but Mac is West Point Class of 1967 and a Vietnam combat veteran, so he is entitled. When I interviewed him about being sanctioned for raising an argument deemed frivolous by the Tax Court, he remarked that sometimes when you walk point, you get shot in the knee.

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Accountants Scrap With Banks For Billions In Paycheck Protection Fees

I understand how accountants are. For the most part they are incredibly loyal to their clients often to a ridiculous extent. There are people who make a living explaining to accountants how to make more money. One of the really good tips is to stop working for people who don’t pay you. If somebody has not paid you in a couple of years, they are not actually a client.

So the banks could be confident that people would have the help they needed to get the applications done whether they could afford it or not. And that seems to be how it went.

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