Hurricane Sandy Tax Relief – More Than Meets The Eye
You may have already seen that the IRS has issued an extension of time to file returns and pay taxes for people in certain areas affected by Hurricane Sandy. The...
Unfair Tax Court Decisions On Life Insurance Are Tip Of Unclaimed Property Iceberg
Companies like Mass Mutual are being “encouraged” by state treasurers to run the records of their insureds against the Social Security Death Master File. That’s an awful lot of trouble to go to. It is just so much simpler to keep going with the automatic policy loans until the policy burns itself out.
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.