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Can You Play the Lottery as a Business?

Can You Play the Lottery as a Business?

Originally Published on forbes.com on November 3rd, 2011 ______________________________________ Gambling losses are only deductible to the extent of gambling winnings to most people.  Since the deduction is an itemized deduction a heavy break-even gambler might have...
When Will the Education Bubble Explode?

When Will the Education Bubble Explode?

Originally Published on forbes.com on November 2nd, 2011 ______________________________________ My piece on the role that student loans have played in Occupy Wall Streethas inspired several guest posts.  Here is another one.   Timothy Smith writes The Echo Boom Bomb,...
Capital One Not Putting Refund on $400,000,000 into its Wallet

Capital One Not Putting Refund on $400,000,000 into its Wallet

Originally Published on forbes.com on November 2nd, 2011 ______________________________________ A sure way to put someone to sleep is to explain double declining balance depreciation to them.  There are some hard cases though.  You could try sum of the years digits on...
Student Borrowers Need Help To Understand Repayment Rights

Student Borrowers Need Help To Understand Repayment Rights

Originally Published on forbes.com on October 28th,2011 ______________________________________ This guest post is by Paul Combe, president and CEO of American Student Assistance. The “Occupy” movement is drawing attention to some very real problems that plague our...
Student Loan Borrowers Need Help to Understand Repayment Rights

Student Loan Borrowers Need Help to Understand Repayment Rights

Originally published on Forbes.com. This guest post is by Paul Combe, president and CEO of American Student Assistance. The “Occupy” movement is drawing attention to some very real problems that plague our nation’s higher education financing system: skyrocketing...