I got a midnight hot flash from a well-placed source that IRS is folding all chops in Lakepoint Land II, LLC, Lakepoint Land Group, LLC, Tax Matters Partner, Docket No. 13925-17. Recalling IRS’ commitment to candor, fairness, and transparency, IRS will ditch the backdated docs, and will review the other syndicated easement cases to make sure that, if Boss Hossery is asserted, they’ll play it like Caesar’s wife, above reproach.

A Taishoff “Good Job, First Class, with Swords and Diamonds.”