Author: LCarpenter

Decisions — The basis of the matter


Your basis in any partnership is the amount you have invested, and that’s especially true for tax law.

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Decisions– Your estimate may vary


According to an old expression, the only difference between an estimate and a guesstimate is the confidence of the person providing the answer.

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Decisions — Consolation Prize


Let’s say you have a new client who took a loan from her 401(k) last year.

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Decisions — Earning the credit


Life is in the details, and so is tax code interpretation.

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Definitions — Paying the piper


Whether you believe the expression comes from the Pied Piper of legend or the old proverb, paying the piper does not always mean you get to call the tune.

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Decisions — Canine silence


In the Arthur Conan Doyle short story, Silver Blaze, fictional detective Sherlock Holmes solved the case by inferring intent from silence—the significance of a dog who didn’t bark.

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Decisions — Fireproofing the pension


Are a firefighter’s benefits a taxable pension or workers compensation?

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Decisions — Eat, drink, deduct


Even if you don’t eat like a hockey player, you may be interested in the tax court’s take on the rules limiting deductions for meals.

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Decisions — Like father, like son


According to the old proverb, children tend to have traits similar to their parents, and tend to do what their parents have done. Does that hold true for tax purposes?

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Decisions — Self diagnosis


In tax, as in medicine, diagnosis can be tricky without all the facts.

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