Episode 5 - Hutcheson v. Commissioner

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Recorded02 Jan 2025

Publisherfeed.podbean.com ↗

Handlerec:19016427

Show notes

A retirement plan fiduciary embezzles $5 million of other people's retirement assets. He wastes it on home renovations, cars, Costco trips, and trying to buy a golf course. He gets convicted of wire fraud and sentenced to jail - but now has a $3.7 million tax bill he is fighting. We cover the backstory and what kind of income is taxable and not.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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