Mark Hofmann and Taxes

In anticipation of watching Netflix’s Murder Among the Mormons,[fn1] I started rereading Victims: The LDS Church and the Mark Hofmann Case.[fn2]

And right at the end of chapter two something leapt out at me: in addition to searching for (and forging) rare documents, Hofmann engaged in tax planning! Chapter two discusses Hofmann’s attempts to sell the Anthon Transcript to the church. Initially he asked for a set of six Mormon gold pieces in exchange. Why the gold pieces rather than cash? In part, he said, because he wanted a “tax-free exchange” (Turley, 38). (Note that, after negotiation, the church gave him one five-dollar gold coin plus some historic Mormon notes and a first edition of the Book of Mormon missing its title page.)

Now if you’ve read much of my blogging, you know these three words leapt out at me, a virtual technicolor attention grabber. So what was Hofmann trying to do?

[Read more…]