EO Tax Journal

1 — Personal Recollections (feel free to skip)

I confess — I read the obituary page of the Baltimore Sun. Octogenarian Louis E. Queral died on February 24. As a kid, I knew Louis was an M.D. from his framed diplomas when I visited his son, Luis. His son enrolled in my grade school in 1959 as a seventh grader, shortly after his family had emigrated from Cuba. Apparently Luis’ family was on good terms with Fidel Castro, despite leaving Cuba. When Castro came to the United States — I recall to speak at the United Nations in 1960 — Luis’ family was there to greet him and Luis came back with a photo of him with a beaming Fidel. At that time the great debate was whether Castro was a Communist. While my grade school classmates were generally apolitical, we had a few big mouths who, finding that Luis defended Castro, would berate him during recess, yelling that Castro was a Communist and that anyone defending him must be a Communist, too. Luis got his revenge a few years later, when all the girls in the neighborhood decided Luis was hot — think a young Ricky Ricardo (Desi Arnaz).

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William Wilkins, Chief Counsel of the Internal Revenue Service, was the luncheon speaker at the January 22 meeting of the EO Committee of the ABA’s Tax Section. Kudos to Bill for not making any “I hope I don’t give you indigestion” jokes. It was funny the first time I heard an IRS speaker use that line, but it’s getting old. Speaking of getting old, when will the last panel of the day no longer be introduced as “the only thing standing between you and the cash bar?”

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The use of gmail seems to be working. I’ll continue to use it this week and, if successful, get back to replacing the lost emails caused by AOL. The next issue of the print issue of theEO Tax Journal will have all the email updates, so that may be the answer for those who receive it. I’ll keep you posted as we try to get past this latest snafu.

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Proposed Regulations on Supporting Organizations

What follows is a transcript of the fourth session of the January 22 meeting of the EO Committee of the ABA’s Tax Section. The moderator of the session is LaVerne Woods of Davis Wright Tremaine, Seattle.

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News from the IRS and Treasury

What follows is a transcript of the first session of the January 22 meeting of the EO Committee of the ABA’s Tax Section. The moderator of the session is Jim Hasson of Sutherland, Atlanta.

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