by argoodlw | May 22, 2014 | Intangibles Tax, Internal Revenue Service, Internet, IRS audit, IRS dispute, Other Tax, Privacy Rights, Tax Administration, Tax Court Cases, Tax Exemption
IRS States Bitcoins Are Property So the IRS has issued a Notice on the virtual currency known as Bitcoin: It’s not a currency, it’s property. Jolly good, you say, so what? Well, that decision has some major tax implications for the future of what...
by argoodlw | May 7, 2014 | Aircraft Business, Aircraft Income Tax Rules, Aviation News, aviation tips, Tax Exemption
Bonus Depreciation For 2015 Aircraft I read an interesting article in Aviation Week about the resilience of the market for the largest business jets. Their resilience as the aircraft of choice for ultra high net worth individuals, governments and corporations is no...
by argoodlw | Dec 16, 2013 | Other Tax, State Income Tax, Tax Administration, Tax Exemption
The U.S. Senate to Considers Law to Normalize State Income Tax Rules. This weekend I ran across some interesting legislation the U.S. Senate is taking a look at: the “Mobile Workforce State Income Tax Simplification Act.” We’ll call it MWSITSA just...
by argoodlw | Oct 8, 2013 | Aircraft Business, Aircraft Income Tax Rules, Aircraft Sales Tax, Aviation News, aviation tips, Florida sales tax, Florida use tax, general aviation, Tax Exemption
Florida Introduces New Form to Report Sales and Use Tax on Aircraft The Florida Department of Revenue (FL DOR) has updated its reporting form on the sale and use of aircraft in Florida. Form DR-15AIR (Sales and Use Tax Return for Aircraft) replaces Form DR-42A...
by argoodlw | Sep 25, 2013 | Estate Tax, Internal Revenue Service, Other Tax, Tax Court Cases, Tax Exemption
Tax Implications of U.S. Supreme Court’s Decision on Same Sex Marriage (DOMA) Surviving Spouse of Same-Sex Marriage Sues U.S. Government over Taxes Edith Windsor and Thea Spyer were lawfully married in 2007 in Ontario, Canada but lived in New York. Spyer died...
by argoodlw | Aug 29, 2013 | Internal Revenue Service, Other Tax, Tax Exemption
Not Only Will The NSA Store All Our Data In Bluffdale, Utah, Now They’ll Get A Tax Break On Their Electricity Too (via Techdirt) By now, I assume many of you are quite familiar with the NSA’s new data center in Bluffdale, Utah. Among other features, part...
