Getty “Taxes are what we pay for a civilized society.” That quote from Supreme Court Justice Oliver Wendell Holmes, Jr., can be found over the main entrance of the Internal Revenue Service office in Washington, D.C., noted Judge Robin Rosenbaum, writing for the Eleventh Circuit Court of Appeals. But, she added, “even Justice Holmes would
Taxes
United States Supreme Court official portrait on November 30, 2018, in Washington, DC. (Photo by Chip Somodevilla/Getty Images) Getty Images The Supreme Court issued a decision in North Carolina Department of Revenue v. The Kimberley Rice Kaestner 1992 Family Trust – and it’s unanimous. The Court ruled that a trust beneficiary’s residence is not sufficient
U.S. President Donald Trump gestures while speaking during a rally in Orlando, Florida, U.S., on Tuesday, June 18, 2019. Florida’s booming job market may be a key factor in the 2020 election. Photographer: Marco Bello/Bloomberg © 2019 Bloomberg Finance LP Since President Trump signed the big tax cut and reform act in December 2017, the
Rays could split home games between Tampa and Montreal under MLB plan (AP Photo/John Raoux) ASSOCIATED PRESS Earlier this afternoon, ESPN’s Jeff Passan broke the news that the Tampa Bay Rays could become a two-city team, playing the early portion of their season in Tampa and migrating north to Montreal for the hot months. Under
The Freedom From Religion Foundation is throwing in the towel in its struggle against the exclusion from taxable income granted to “ministers of the gospel”. Code Section 107(2) grants the exclusion: In the case of a minister of the gospel, gross income does not include— (1) the rental value of a home furnished to him as part of