Showing posts with label donation. Show all posts
Showing posts with label donation. Show all posts
Monday, July 1, 2024

A Charitable Deduction To An Estate

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  I had a difficult conversation with a client recently over an issue I had not seen in a while. It involves an estate. The same issue wou...
Monday, January 30, 2023

Donating Cryptocurrency

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  I was reading something recently, and it reminded me how muddled our tax Code is. Let’s talk about cryptocurrency. I know that there is ...
Sunday, December 27, 2020

Deducting “Tax Insurance” Premiums

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  There is an insurance type that I have never worked with professionally: tax liability insurance. It is what it sounds like: you are pur...
Monday, October 26, 2020

No Shareholder, No S Corporation Election

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  Our case this time takes us to Louisville. There is a nonprofit called the Waterfront Development Corporation (WDC). It has existed sinc...
Saturday, October 17, 2020

The Tax Doctrine Of The Fruit And The Tree

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  I am uncertain what the IRS saw in the case. The facts were very much in the taxpayer’s favor. The IRS was throwing a penalty flag and a...
Tuesday, May 5, 2020

Donating Eyeglasses

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Some tax cases take near forever to wrap-up. I am looking at a case involving tax year 2008; it was decided in April, 2020.  It involv...
Sunday, February 9, 2020

Marijuana And Tax-Exempt Status

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I am not surprised. I am looking at a Private Letter Ruling on a tax -exempt application for an entity involved with marijuana and CBD...