Jay Adkisson has made available his article, The Case Of Ernie Ryder And When Tax Shelter Promoters Drink Their Own Koolaid, published in Forbes. The article begins as follows:
In Ernest S. Ryder & Assoc., Inc. v. CIR, the U.S. Tax Court ruled against a well-known San Diego area promoter of aggressive tax strategies, Ernie Ryder, in relation to questionable deductions that he and his wife took for many years. However, his wife was held not to be liable for the penalties and some of the penalties sought by the IRS were lost because the Service occasionally bumbled the procedures.
To see the full article, click: The Case Of Ernie Ryder And When Tax Shelter Promoters Drink Their Own Koolaid by Jay Adkisson
Posted by Josh Saret, Associate Editor, Wealth Strategies Journal.