by admin | Apr 21, 2022 | Tax
I recently wrote about the phenomenon of married taxpayers filing separately in order to avoid phaseout of recovery rebate and child credits. I picked up on the story by following #TaxTwitter, where tax pros go to commiserate. My sources on the tax press have...
by admin | Apr 21, 2022 | Books
When it comes to book movie adaptations, the one that always pops into my mind is Lord of the Rings. Overall I was pretty pleased with it for whatever that is worth. I didn’t miss Tom Bombadil, but I greatly missed the scouring of the Shire. I would actually...
by admin | Apr 16, 2022 | Guest Post
by Amos Faulkner Image via Pexels Keeping your business’s cash flow positive gives you more room to respond in case of emergencies or time-sensitive investment opportunities. It gives your business improved creditworthiness, opening up more lines of capital...
by admin | Apr 15, 2022 | Tax
The pressure on married couples to file joint returns is so strong that I am considering an addition to Reilly’s Laws of Tax Planning – Joint filing is an election. It is not one of your marital vows. It has generally been a harmless delusion for the...
by admin | Apr 12, 2022 | Tax
The Second Circuit decision in Laurence Gluck”s appeal of a Tax Court decision has some important lessons, about like-kind exchanges, partnership taxation and Tax Court jurisdiction. With a deficiency over $1.5 million, it seems like a pretty big deal. Based...
