ST Alpha - "The second I saw that article I knew there’d be a lot of people that suddenly are tax experts. The internet is going to be unbearable tonight. -- nm" (Reading a Post)

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The second I saw that article I knew there’d be a lot of people that suddenly are tax experts. The internet is going to be unbearable tonight. -- nm

Posted by MDH Sep 27 '20, 15:21

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Responses:

You do know what I do for a living, right? -- nm - spamlet Sep 27, 15:24 3
- accountant for money launderers? -- nm - mud Sep 27, 15:26 1
  - dream job! -- nm - Beaker Sep 27, 15:27
- Yes. Apologies, this wasn’t directed at you, more of a general comment. Like whenever SC is handing down decisions everyone becomes a SC expert. :-) -- nm - MDH Sep 27, 15:25
to me (as an accountant), I don't see it as shady. Just proof of what an absolute trainwreck he is as a business person to have those sort of losses - Beaker Sep 27, 15:24 4
- if you look at the article, specific examples are of the bullshit variety - maintaining that a vacation estate is a business for losses - Reagen Sep 27, 15:34 1
  - I have personal experience with that "my lawyers vs the IRS" point. My wife benefits from a family trust that the IRS didn't want to litigate - TWuG Sep 27, 15:37
- Wasn’t he allowed to double-deduct business loan defaults as personal losses for a time? - znufrii needs to cancel his gym membership Sep 27, 15:26
- (without seeing the detailed returns of course) -- nm - Beaker Sep 27, 15:25
Remember that some of them actually are, but are opining based on an incomplete report, not a properly done audit. (NM) - Marlowe Sep 27, 15:23
“Tonight”? -- nm - znufrii needs to cancel his gym membership Sep 27, 15:22

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