Yet another Taishoff prediction comes to pass, but it was too obvious for me to claim any credit. Judge Elizabeth A. (“Tex”) Copeland makes the trial of Craig Walcott, Docket No. 21820-22, filed 7/7/26, into a forty-page off-the-bencher.

As I said in May, “I expect we’ll hear more from Craig.”

He does avoid a Section 6673(a) chop, because, despite his frivolity, he does get a better deal than IRS put in the SNDs, getting all his COGS. and a couple bucks more (hi, Judge Holmes) of deductions. His rental realty sale is a break-even, so even though he doesn’t get the loss he claimed, he doesn’t get the gain IRS asserted.

His attempt to sanction IRS’ counsel would make good blogfodder, except the Genius Baristas have this in such format that I cannot copy-and-paste, so I must refer you to Transcript, at pp. 35-36.

For backstory, see my blogposts “Irrepressible,” 5/11/26, and “Doldrums?” 5/22/26.