SUP?

[Duchess]

Are you having a day of rest?

[Clang McFly]

Are you having a day of rest?

Yes. Tomorrow also. Well mostly. I'm going to hopefully clean my apartment which I've neglected to do for the last few months. Had a too lazy Christmas staycation.

[MirahM]

Drove to Portland. Then my friend and I drove along the Columbia River and checked out the Skamania Lodge.

[Duchess]

 Skamania Lodge.

I checked it out. I would like to stay in the treehouse, I didn't even look at the other rooms available. It's beautiful there!

[BlueTiki]

Are you having a day of rest?

If reviewing appellate court decisions regarding estate taxes is considered "rest", then I am having a full-blown Rip Van Winkle, of a day.

[rothschild]

Duchess and Mirah, sittin' in a tree

K-I-S-S-I-N-G

First comes love, then comes marriage

Then comes Donnie in a baby carriage

[MirahM]

 Skamania Lodge.

I checked it out. I would like to stay in the treehouse, I didn't even look at the other rooms available. It's beautiful there!

Its a pretty area.

[MirahM]

Are you having a day of rest?

If reviewing appellate court decisions regarding estate taxes is considered "rest", then I am having a full-blown Rip Van Winkle, of a day.

Sounds exciting.
Is this for you or a client?

[Duchess]

rothschild is crabbier than usual today. BarkBarkBark.

[MirahM]

I noticed.

[BlueTiki]

Sounds exciting. Is this for you or a client?

It is for an attorney, as I was retained as an "Expert Witness", and opposing counsel is challenging my qualifications.

It is a (desperate) diversion tactic by Motion, but one that needs to be addressed with a response.

As part of my opinion was based on a Memorandum decision, opposing counsel is claiming it is not precedent and therefore, should be excluded from consideration along with any other testimony I provided.

However, I only included the argument of this decision, based on precedent cases used by the appellate court to render this decision. I never cited the case as precedent . . . just the synthesized argument.

Thus, my need to review all the cases, used for the basis of the appellate decision, and present the argument, with the same conclusion, based on a shit-ton of precedent.

It's busy work but I want all my ducks in a row to survive any challenge.  Again, it is a desperate attempt by opposing counsel to bolster a very weak case.

So far, my response is 12 pages . . .  

All I really want to say is:  "You got money from the estate, the estate owed taxes, you are the beneficiaries and it is your responsibility . . . so pay them you fucking cheap vultures!".

Alas . . . this is one of the times I must bite my tongue and attempt to remain civilized.

[sally]

No one wants to pay the theft taxes, but you have to. Is there really a way out of it because my accountant is steering me wrong then. I sold a house that I inherited and the capitol gain tax made me cry, absolutely ridiculous what I pay these fuckers.

[Duchess]

Is that the one your son was living in?

[Duchess]

That kid is a hunk of burnin' love, by the way. Not creepin', just making an observation.

[sally]

Is that the one your son was living in?

Yes, I put 40,000 into remodeling it so him and his girlfriend could live there. It seemed like they were made for each other and were going to last, then they broke up and he dumped their fucking cats on me. I guess better than kids. Anyway, I didn't want to mess around renting it out so I sold it because the market was extremely good. The taxes were crazy though, I think I should have reconsidered that.

[BlueTiki]

No one wants to pay the theft taxes, but you have to. Is there really a way out of it because my accountant is steering me wrong then. I sold a house that I inherited and the capitol gain tax made me cry, absolutely ridiculous what I pay these fuckers.

From what I gathered from your info . . . yeah . . . the opportunity for tax avoidance has probably passed you by.  Hypothetically, I would have probably classified the inherited property as my primary residence.  This would allow deferral of capital gains tax (after a myriad of IRS conditions were satisfied). That is just one of many options to either defer or reduce cap gain taxes.

Many other strategies ranging from trusts, IRAs and gifting are some of the most obvious methods for tax avoidance . . . and NOT TAX EVASION . . . which is illegal.

Hopefully your accountant included your capital expenditure (remodeling expenses) to determine your taxable basis.

Sorry, girl.  Tax shit sucks.  I may be black-and-white "letter of the law" with accounting and securities, but with taxes, I am completely and absolutely a Grey Area Girl.

Fuck 'em.  If it ain't prohibited or too vague . . .you ain't getting another dime from me or my clients.  (Currently 8-0 with IRS audits)