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Using Points to Beat ObamaCare Excise

Using Points to Beat ObamaCare Excise

by | Jul 18, 2011 | Tax

Originally Published on forbes.com on July 18th, 2011 ______________________________________ The Patient Protection Care Act of 2010, sometimes derisively referred to as ObamaCare, has a lot of elements.  There is a heated constitutional argument going on as to...
Cliff Is Not a Thief

Cliff Is Not a Thief

by | Jul 17, 2011 | Tax

Originally Published on forbes.com on July 17th, 2011 ______________________________________ I’m not one for keeping the names of actors straight, so the name John Ratzenberger doesn’t really stick in my mind.  Cliff Clavin, the postal employee, is of course another...
Fathers Denied Dependency Deduction For Lack of Form

Fathers Denied Dependency Deduction For Lack of Form

by | Jul 13, 2011 | Tax

Originally Published on forbes.com on July 13th, 2011 ______________________________________ One of the items typically addressed in divorce agreements, is allocation of the dependency deduction.  I think it generally gets more attention than it deserves based on the...
Tax Simplification Proposal

Tax Simplification Proposal

by | Jul 12, 2011 | Tax

Originally Published on forbes.com on July 12th, 2011 ______________________________________ Other tax bloggers put forth reform proposals all the time.  Robert Flach, The Wandering Tax Pro, who scorns the expensive and unreliable software the rest of use, is...
Trader in Securities Status Difficult to Attain

Trader in Securities Status Difficult to Attain

by | Jul 11, 2011 | Tax

Originally Published on forbes.com on July 11th, 2011 ______________________________________ Net losses from the sale of investment securities are only deductible to the extent of $3,000 per year.  The balance is carried forwarded to use against future gains.  An...