#abatements

[cpapartners]

Letters from the IRS are often confusing, both to clients and to practitioners. So when the taxpayers in Robert Craig Colton and Alina Mazwin v Commissioner, T.C. Memo. 2021-44 (Apr. 21, 2021) (Judge Lauber) received a letter from the IRS saying “you do not owe us any money” for the...

Lesson From The Tax Court: Abatement Of Assessment Brings No Relief From Liability (TaxProf Blog) - Assessment of tax serves two critical functions. First, it reflects the IRS’s judgment of what taxes a taxpayers owes the government. It's the end of the tax determination process. Second, it’s a critical procedural pre-requisite for the administrative collection of a taxpayer's tax liability. 

[patbertram]

This, That, and the Other

This, That, and the Other

This

Snow this morning! Although a storm had been forecast, I didn’t expect it to materialize since so far this winter, few of the storms we were supposed to get managed to find their way here. It was rather a tepid storm, maybe an inch or so that was easily swept away, but there is a possibility for a bit more snow. For now, though, it’s just spitting a few flakes at me

More snow is supposed to…

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[carforkids-blog]

Ford eyes $238 million in tax abatements for train depot, Detroit campus

Ford eyes $238 million in tax abatements for train depot, Detroit campus

[ad_1]

Ford will pursue $238.6 million in tax incentives, including nearly $103.6 million from the city of Detroit, for its plans to redevelop the long-abandoned Michigan Central Station and establish an autonomous- and electric-vehicle tech campus in the city.

The Detroit Free Press reportsthat the figures were divulged during a presentation Monday night by the Detroit Economic Growth…

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[griffinrampant]

In case of treason, the escocheon was totally reversed.

-From Inquiries into the Process and Origin of the Science of Heraldry in England by James Dalloway, p101

[griffinrampant]

Abatements were usually confined to military offences, such as killing prisoners during capitulation, revoking a challenge, or flying colours; and even for slighter faults, such as intemperate boasting, or criminal neglect of discipline.

-From Inquiries into the Origin and Process of the Science of Heraldry in England by James Dalloway, p100

[griffinrampant]

It is scarcely necessary to state that 'abatements of honour' exist only in theory. Who ever did or would voluntarily bear a badge of disgrace? Every one deserving either of them would sooner relinquish all claim to the bearing of arms than continue it with such a stigma.

-From The Curiosities of Heraldry by M. A. Lower

[griffinrampant]

The nine (theoretical) abatements, according to M. A. Lower's The Curiosities of Heraldry:

"The first is the delf tenné, assigned to him who revokes his challenge.

2. The escocheon reversed sanguine, occupying the middle point of the arms, is the sign of disgrace proper to him who offends the chastity of virgin, wife, or widow, or flies from his sovereign's banner.

3. The point-dexter parted tenné is for him who boasts of valiant actions he never performed.

4. The point-in-point sanguine is the badge of a coward.

5. The point champaine tenné attaches to him who breaks the laws of chivalry by slaying a prisoner after he has demanded quarter.

6. The liar should bear the plain-point sanguine.

7. The gore sinister tenné is the punishment of the soldier who acts in a cowardly manner towards his enemy.

8. The gusset sanguine, if on the right side, denotes adultery, and if on the left, drunkenness.

9. The last and greatest 'abatement of honour' is the reversing or turning upside down of the whole shield: this belongs to the traitor."

[griffinrampant]

An Abatement of Honour is defined as a mark introduced into the paternal coat to indicate some base or ungentlemanlike behavior on the part of the bearer. The number of these figures is, as usual, nine, and they are all tinctured of the stainant or disgraceful colours, tenne and sanguine.

-From The Curiosities of Heraldry by M. A. Lower