Baiting Wild Hogs with Kool-Aid Counts toward Material Participation
The headline alone was enough to make my day but it gets better. The rest of the story goes something like this:
- An attorney owns a farm.
- The farm is located in Turkey, Texas.
- Mr. Pigg grows crops on the attorney's farm.
- Wild hogs are a problem on the farm, but not Pigg.
- Attorney baits wild hogs with Kool-Aid.
- Mr. Pigg might like Kool-Aid but he's not the problem.
- There is no problem with turkeys.
- Attorney waits in a tripod stand to eradicate wild hogs with semiautomatic weapons.
- Neither Mr. Pigg nor any turkeys are injured.
- Attorney's other duties include maintaining Bush Hogs.
- Bush Hogs are not wild.
- Mr. Pigg is not responsible for any hogs or turkeys.
- Attorney works more hours on the farm than Mr. Pigg.
- Therefore, Tax Court finds attorney's Kool-Aid expenses are deductible.
You can read the whole thing here. If you were ever inclined to read a Tax Court Memo, this is the one.