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Bernie Sanders May Have Drawn Crowd Over 30,000 In Boston – Not Much Tax Talk

by admin | Oct 4, 2015 | Tax

This post was originally published on Forbes Oct 4, 2015 Reports I have read on the Bernie Sanders rally at the Boston Convention & Exhibition Center yesterday indicate attendance of 25,000, a five block line waiting to get in and thousands left out in the cold....

Rand Paul Suffers Setback In Foreign Reporting Lawsuit

by admin | Oct 2, 2015 | Tax

This post was originally published on Forbes Oct 2, 2015 Presidential candidate Senator Rand Paul and other opponents of enforcement of the Foreign Account Tax Compliance Act (FATCA) suffered a setback this week in United States District Court as Judge Thomas Rose...

President Obama Could End Special Tax Treatment For Two Twenty Guys

by admin | Sep 30, 2015 | Tax

This post was originally published on Forbes Sep 30, 2015 Deja vu all over again. Another presidential campaign. Another flurry of concern about “carried interest”. The Cliff Notes version of “carried interest” is that people become...

Trump Tax Plan Would Increase Deficit By Over $10 Trillion

by admin | Sep 29, 2015 | Tax

This post was originally published on Forbes Sep 29, 2015 When I wrote about Donald Trump’s tax plan yesterday, I wrote that I would leave the scoring to the people who did that sort of thing, but that I would be surprised if the plan turned out to be revenue...

Trump’s Plan Inverts Traditional Tax Planning Makes Carried Interest Moot

by admin | Sep 28, 2015 | Tax

This post was originally published on Forbes Sep 28, 2015 The Donald Trump tax plan is out. Big picture it seems like people who don’t pay much now will pay nothing and everybody will pay a lot less, but it is revenue neutral. I’ll save the scoring part...

A Slick Estate Planning Trick And Intimations Of Mortality

by admin | Sep 25, 2015 | Tax

This post was originally published on Forbes Sep 25, 2015 The Tax Court decision in the case of Jean Steinberg is a great example of planners taking a rule that is meant to prevent taxpayers from getting away with something and using it to, well, get away with...