Most Recent Posts
11th Circuit Denies Tax Deduction For Gay Man’s Reproductive Expenses
Was the money that a homosexual man paid to father children through in vitro fertilization—and in particular, to identify, retain, compensate, and care for the women who served as an egg donor and a gestational surrogate—spent “for the purpose of affecting” his body’s reproductive “function” within the meaning of I.R.C. § 213? And second: In answering the statutory question “no,” and thus in disallowing the taxpayer’s deduction of his IVF-related expenses, did the IRS violate his right to equal protection of the laws either by infringing a “fundamental right” or by engaging in unconstitutional discrimination?
Special Rate For Flow-Through Entities Is A Really Bad Idea
Comprehensive tax reform and simplification is a fantastic idea. We here at the ABC Coalition for DEF just love the idea that you are working on it and totally support you. Of course we are sure that you know the DEF is critical to the American way of life and the health, safety and well-being of the world. We would just like to remind you that the GHI deduction and the JKL credit play a critical role in supporting DEF. So when you are doing your simplifying don’t even think about messing with the GHI deduction and the JKL credit. As a matter of fact, you probably should beef them up a bit and get busy on the MNO exemption that we have been asking for. Other than that, chop away at those special tax breaks and give us a simpler Code.
Trump’s Corporate Tax Rate Cut Will Wreak Havoc With Reported Earnings
I spoke with Professor Tracy Noga, Associate Professor of Accountancy at Bentley University. She confirmed for me that the boost or hit to reported earnings is immediate and that it is at the currently enacted rate. She also told me that she expects that the adjustment will wreak havoc with earnings. What neither one of us can figure out to any satisfaction is how analysts will take this into account. Will they recognize that 2017 earnings reports will be radically distorted by this tax change? Maybe they are all focused on EBITDA and they won’t even notice.
KPMG Haunted By Its Tax Shelter Follies
I don’t have a lot of sympathy for the taxpayers, but I have even less for KPMG. They were, probably still are, one of the most prestigious accounting firms in the world. Finding out that a deal that they recommended had no merit at all – didn’t even make good nonsense – was probably kind of shocking. Regardless, the third circuit ruled that some of the grounds of the lawsuit deserve to be considered.
‘Taxing The Church’: Can’t Build That Wall Of Separation
Professor Zelinsky’s conclusion that both forms of the parsonage exclusion – in-kind and cash – are constitutional, but that the cash exclusion is poor tax policy probably won’t win him friends at either the Freedom From Religion Foundation or the Ethics and Religious Liberty Commission of the Southern Baptist Convention, but the nuanced view is an important one. Advocates on both sides of the religious exemption divide would be well served by reading this book and pondering its arguments.
Taxpayers Blindsided By Obamacare Lose In Tax Court
There is an interesting practice question here. Dependency is a matter of fact, not an election, but when it comes to older kids not living at home, it can be treated as, in effect, an election. Preparers need to be alert to the health care credit implications of claiming a dependent and weigh that against other benefits.
Advocacy Group Founded By Roy Moore Accused Of Campaign Intervention
Coming up on the 2008 election the IRS issued Revenue Ruling 2007-41 which sought to illustrate what constituted participating and intervening in campaigns by describing 21 hypothetical situations. The activity that CLC is complaining about probably falls somewhere between two situations, one of which represents intervention (Situation 4) and one of which does not (Situation 12).
IRS Revokes Exempt Status Of Charity Focused On Timeshare Donations
Or you could just take advantage of one of those invitations you get for a cheap weekend somewhere in exchange for spending a couple of hours listening to a sales presentation. That will allow you to become acquainted with someone who lives and breathes the ABC philosophy. The critical thing you need to do to avoid being taken in is to look into what you can buy timeshares for on the secondary market.
Edith Windsor And The Struggle Against DOMA As Seen By A Tax Geek
It is a good thing that people were honoring Edith Windsor this week. Her story was rather compelling. I’m going to resist the temptation to try to track down Nancy Gill to find out if she is jealous that it is not her name that is on the Supreme Court decision. I’ll continue to think that conservatives probably should have rolled over on DOMA to show consistency on the issue of states rights. Of course they don’t seem to be doing that on marijuana either. On another sad note, my friend Alan Jacobs also recently passed away. As I noted above he was giving me insight as I followed along.
Looking at it as an amateur historian, I have to say that the triumph of the gay rights movement with Windsor and Obergefell coming back to back in the lifetime of people such as Edith Windsor and my friend Alan Jacobs who had to be, as they used to say, “in the closet” in their youth is rather remarkable when compared to the struggle for racial and gender equality, which have much longer histories.
Gulf War Syndrome In Tax Court
Practical tip here. If you have income that is arguably taxable that you think is exempt, it is better if you file and claim the income as exempt. Two advantages. First, it cuts the penalty exposure. Second, and don’t tell anybody I was the one who told you, you are more likely to get away with it. If you pay homage to the IRS document matching computer gods, an actual human has to look at your return to assess you. If you just don’t file there is no need for human intervention in order to assess you. (That’s my impression anyway)