Charles Krauthammer is hot

I think Charles Krauthammer is sexy. I dare anyone to disagree. 




Double Taxation – the blog

I love the blog Double Taxation: A Take On All Things Taxes by Tony Nitti. I have only one problem with it, he always writes some cool commentary on a tax court case before I even get a chance to read the TC opinions for the day. 

I think to myself OooOooh this is cool I can hardly wait until I get home and start typing. Then I get home and read Double Taxation – and guess what, Nitti has already wrote an awe inspiring take on the case. You …you… tax blogger… you grrrrrr.

My day is very full, I am meeting with clients, meeting with IRS auditors, talking with appeals or whatever for like 10 hours a day.I am also studying for the US Tax Court exam and my family seems to think I should at least try to act like a wife and mother occasionally. So I have only a few precious moments to amuse myself with blogging.

How does he find the time, I have an assistant and a partner and all that but I still have to work like a dawg! I hate Tony Nitti with every fiber of my being…(naw I don’t really hate him, he seems very nice on his blog…the %^*&#$)

But if you get a chance check out his site – its pretty cool.

Double Taxation: A Take On All Things Taxes

In Your Face Doug #2

As promised here is another gripping installment of IYFD. Apologies to those who were waiting in breathless anticipation for another exciting action packed US Tax Court decision.


Ms. Jones is an enterprising entrepreneur who supports herself by braiding hair in her home. Being a complaint taxpayer she dutifully reported her income of $14,850 on her 1040. Due to her income level and circumstances entitled her to the earned income credit and additional child credit.

The Commissioner made the claimed she made $0. Are your joking? Of course the commissioner was claiming that she was reporting false income to get the tax credits. (Which granted does happen with some frequency)

Some question – Why didn’t the IRS do a lifestyle analysis or check for other sources of income? How did this case make it out of appeals? Why did Ms. Jones have to take it to tax court?

For whatever reason she had her day in court and she won! I truly hope she got to gloat as the judges ruled in her favor.

Now if anyone gets their hair braided or has friends that get this process done it was clear Ms. Jones’ testimony was credible, as the judges noted.

Per the court

We found petitioner to be a credible witness. Her testimony was consistent and reasonably detailed, and the numbers of customers and prices for services to which she testified were generally consistent with the amount of income reported on her return. Accordingly, we credit her testimony that she earned $14,850 in income during 2007 from her work braiding hair.


So often in a Pro se case the taxpayer is not prepared for what they will encounter and they lose pitifully – but not in this case. There is a few more interesting elements in this case that are truly exciting, so please enjoy it for yourself.

So congrats to Precious Delores Jones! – And in your face Doug.*

*Douglas H. Shulman is the 47th Commissioner of Internal Revenue Service

In an effort to be more fun…

It has come to my attention today – while I was delivering a tedious midday rant on certain so-called CPAs utter lack of understanding of guaranteed partner payments – that I am exceedingly boring. (Also that I get altogether too worked up by people WHO HAVE A CPA CERTIFICATE not understanding guaranteed partner payments)

The parties involved made a compelling argument, I cannot fault their logic or supporting evidence. So I am going take an evening off from studying for the USTC test and go to a karaoke bar.

I was able to con someone into joining me, despite what happened during the last attempt of fun and frivolity I was forced to endure. When I eviscerated some poor young attorney who was trying to pick up on me by loudly yelling at him he had absolutely no idea what he was talking about, that he was a complete moron and that his very existence degraded the entire legal profession. (He tried to assert the argument that the legal form of a transaction could outweigh economic substance in relation to a tax position.)

I vaguely remember telling him that I did not realize the state bar excepted Kellogg’s box tops as a substitution for the bar exam and he should demand a refund from Fred’s Discount Law School and Auto Body Repair Shop as they failed to provide him with even a basic understanding of the law or the importance of legal authority and precedence.. (no offense to those in auto repair industry – that is hard work)

It was not a pretty sight and it kind of did not help my single gal pals who were on the prowl during our “girls night out”. Let’s just say I am not a very good wing girl. I would also like to formally apologize to the VIP host at Pure Nightclub in Las Vegas – who was so professional during the entire evening and thank him for refraining from removing me from the premises after I demanded the pretentious scoundrel be removed from my cabana immediately. – I wish I were making this up and my husband did take me to task for emasculating someone who was just trying “lay his mac down”. To which I still hold the little weasel should not have engaged in the discussion in the first place since he was an idiot. (my husband had arrived at around 3 am to drive us all home and witnessed the exchange – he was mortified)

You can image just what a joy I am to have around at a social gathering. So let’s hope I can do better tonight.

I leave you with this…

and … this