Tax Talk

Jilting the IRS

Harold Hamm was born in Lexington, Oklahoma, the 13th child of Oklahoma sharecroppers. He graduated from high school then went straight to work in an... Read More

Deduct the Alamo!

In 1836, Mexican General Santa Anna and 1,500 troops laid seige against 182 Texans garrisoned at the Alamo, a Spanish mission designed to resist... Read More

Pagans 1, Mind Control Defenders 0

We're all familiar with the idea of "tax exempt" organizations. The theory here is that some groups serve such valuable roles in society that they... Read More

Illegal Deduction in the Backfield

The 1985 Chicago Bears were one of the greatest teams in NFL history — in fact, ESPN ranked them the greatest ever. Quarterback Jim McMahon,... Read More

How to Guarantee an Audit

Most of us would rather have a root canal without anesthesia than face an IRS audit. Fortunately, your chances of winding up in that particular hot... Read More

The Art of the Tax Loss

Everyone knows what a hobby is, right? It's something you do to relax and have fun, not something you do as an occupation. And everyone knows what a... Read More

What Do You Give the Man Who Has Everything?

Last week, New York Yankee shortstop and future Hall-of-Famer Derek Jeter played his last Major League Baseball game. He chopped a single to third in... Read More