Most Recent Posts
Something To Watch Out For If You Have Investment Interest Expense – Possible Refund Opportunity
Interest expense may or may not be deductible. Generally speaking, whether you can deduct interest, how you can deduct it and in what year you can deduct it is...
Some Tax And Financial Tips For The Divorced From Julian Block
I recently reviewed Julian Block's Tax Tips For Marriage And Divorce. He has provided me with another guest post, this one with some advice oriented to divorced...
Zuckerberg Wedding – The Things You Have To Do When You Are A Billionaire
Image credit Lukasz Porwol. My friend James thinks he has the Zuckerberg wedding figured out. James has a distaste for marriage. Long story. He is deeply...
Seventh Circuit Surprised To See Accounting Firm “Screw Up Its Taxes”
"That an accounting firm should so screw up its taxes is the most remarkable feature of the case. " Yikes. I used to write things like that before I got on a classy...
Kim Kardashian And Kris Humphries – Is There A Tax Angle ?
Julian Block, author of Tax Tips For Marriage and Divorce has provided me with a few brief tips, which I will be posting over the next week. I reviewed his book last...
Student Loan Crisis – New York Times Catching Up With My Guest Posters
There is one way in which economists might be right – if wages began to soar. Like the housing bubble, Americans felt the mess because the decline in housing prices meant that debt was owed on something that had little value. If education continues to rise, while wages stagnate or slowly rise, a college degree will be like a home, which has lost its value. If wages soar, however, a college degree will still mean the path to prosperity.
Connecticut Wants To Be Sure Elementary Students Learn To Pay Sales Tax On Books
I know states have a legitimate need for revenue, but squeezing pennies out of little kids buying their first books is really taking it too far. That's what the...
IRS Attorney Advises Agents Not To Be Intimidated By No Trespassing Signs
The IRS has a fairly ferocious reputation in some circles. Personally, I think the Service's ferocity is somewhat exaggerated. Consider, for example, PMTA 2012-003 . If...
Wandering Tax Pro On The Tax Aspects Of Divorce
We had about the softest winter I have ever experienced in New England this year, but it is till nice to look around and see the signs of Spring. If you follow tax...
Family Limited Partnership Needs To Have Partners – Plural
Originally published on Forbes.com on May 9th, 2012 Estate of Lois L. Lockett, et al. v. Commissioner, TC Memo 2012-123 One of the most fundamental principles of...