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Left Should Challenge Obama, Not Romney, on Carried Interest

Left Should Challenge Obama, Not Romney, on Carried Interest

Originally Published on forbes.com on January 20th, 2012 ______________________________________ Criticizing Romney for paying an average rate of 15% is ridiculous.  Given that his main source of income is venture capital, it would have been surprising if it was...
Northwestern Whole Life Policy Creates Tax Disaster – Again

Northwestern Whole Life Policy Creates Tax Disaster – Again

Originally Published on forbes.com on January 19th, 2012 ______________________________________ Life insurance is a tax favored vehicle.  The build-up in value is tax deferred and payments by reason of the death of the insured or in a qualified viatical settlementare...
Is Tax Court Decision End of Colorado Conservation Range War ?

Is Tax Court Decision End of Colorado Conservation Range War ?

Originally Published on forbes.com on January 18th, 2012 ______________________________________ If you sincerely want to have property that you own  preserved in its current use, there is nothing closer to a free lunch than donating a conservation easement.  You get a...
Photographing, Writing, Flying But Ultimately Not Deducting

Photographing, Writing, Flying But Ultimately Not Deducting

Originally Published on forbes.com on January 16th, 2012 ______________________________________ If you want to reduce your federal income tax, the most effective means is to post a large negative number somewhere on the schedules that feed into the income section...
Student Loans and Bankruptcy – The Debate Continues

Student Loans and Bankruptcy – The Debate Continues

Originally Published on forbes.com on January 10th, 2012 ______________________________________ Alan Collinge recently contributed a piece on the idea of allowing student loans to be discharged in bankruptcy.  It sparked quite a few comments and he has returned to...
IRS Promotes its Social Media Resources

IRS Promotes its Social Media Resources

Originally Published on forbes.com on January 8th, 2012 ______________________________________ One of the first things to come out of the IRS this year is this little item touting its social meda material. It is short enough to reproduce in full, with a couple of...