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Poor Return Preparation Voids Deduction For African Art

Por: Forbes Business October 30, 2022

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African statue isolated on a black background.getty Earlier this month, Heinrich Schweizer got from my favorite Tax Court judge Albert Lauber, Scholar Al as Lew Taishoff has dubbed him. Lauber ruled that Schweizer's failure to meet the disclosure requirements for a charitable contribution of property was not due to reasonable cause. The opinion illustrates Reilly's Fourth Law of Tax planning - Execution isn't everything, but... + full article



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