As in Sports, The Tax World Can Be A Game of Inches

You couldn’t have scripted a better Game 7 in the Eastern Conference semifinals of the NBA Championship. With a spot in the conference finals on the line, the Milwaukee Bucks were up 109-107. The Brooklyn Nets’ Kevin Durant got the ball, and with seconds remaining, pulled up with a spinning jumper near the three point line. One of the best shooters in the league—hitting a remarkable 40.2% of three point shots during the playoffs—it was no surprise to see Durant’s shot hit the net. What was a surprise is that Durant’s foot had been on the line, turning what appeared ...