
Taking an inventory - Seeing things as they are and not as I wish them to be.
I am in a quiet place these days feeling inspired about my life. For the first time in a long time I am not pushing something back or closing my eyes to what is instead of what I want I would like to be. Taking a objective look at the past and seeing if there is anything I would like to address.I guess that is what the new year is really for taking inventory. This isn't an easy task and must be done with patience and compassion. I...


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IRS Withdraws Controversial Alternative Charitable Contribution Substantiation Regulations
The IRS had been considering reversing course and issuing regulations under a provision added to the IRC in 1993. In proposed regulations (REG-138344-13) the IRS proposed a method by which a charity might file an...

Slaughtering the Myth of Chinese Currency Manipulation
(Don Boudreaux) TweetFive or six years ago in the green room of the D.C. satellite of Fox News I met Sen. Lindsey Graham (R-SC). Upon discovering that I once taught economics at Clemson University and had lived in Seneca, SC (where he has a home), he inquired about my opinion of Chinese currency manipulation. No more than ten words of my reply escaped my mouth before it become clear that Sen. Graham was not really interested in...








IRS Not Bound by State Court Decision Finding Transfer a Gift, Taxpayer Not Eligible to Exclude from Income Amount Ordered to Pay Back in Later Year
Neil Sadaka may have crooned that “breaking up is hard to do” but most often the IRS doesn’t get involved—but this case is an exception to that rule. In this breakup, the Tax Court determined that the IRS...



