by Christy Lee | Nov 2, 2016 | Cracking the Tax Code with Christy
If you’re planning to declare your home office expenses on your tax return, you should ask yourself some important questions. Why? That deduction rings loud bells in your Uncle Sam’s aging ears. He just might be dropping by for holiday dinner. What is the...
by Christy Lee | Jun 1, 2016 | Cracking the Tax Code with Christy
Ever thought to yourself that you might like to be in business? Chances are, you probably already have been at some point in your life, at least in one form or another. Mown a lawn for cash? Business. Babysat for pay? Business. What you’ve done is work as a...
by Christy Lee | May 4, 2016 | Cracking the Tax Code with Christy
A trust won’t protect property when it’s used for fraudulent purposes. Last year, a couple who owned a funeral parlor placed business assets into a trust in order to avoid federal tax liens. Despite the debt, the couple continued operating the funeral...
by Christy Lee | Jul 8, 2015 | Cracking the Tax Code with Christy
The fact that you might be a tax protester isn’t quite enough to prove you’re mentally incompetent. In 2014, Don Gooch and Gerard Scott, two tax protesters, were convicted of an $8 million tax fraud scheme involving a problematic trust. The defendants appealed,...