Most Recent Posts
Chase Tries to Fix Mortgage Screw-up by Arguing Borrower Not Good at Latin
Originally Published on forbes.com on February 2nd, 2012 ______________________________________ I guess it has become apparent that “securitizing” some mortgages was...
IRS Wins a Horse Case for a Change
One of the keys in winning a hobby loss case is that you show the Court that you were paying attention to your results and modifying based on experience to get more profitable, even if you are ultimately unsuccessful. The Bronson’s plan to buy their own place indicates that type of thinking. However, they took a long time to do it, which might be a sign of prudence, but during that time they continued to acquire more ponies. That seems to have been the Court’s greatest criticism of their profit motive.
Is There a Media Blackout of the Student Loan Crisis ?
Yet another: why on earth has the media completely failed to follow up on the fact that not only the big lenders and guarantors make money on defaults…even the federal government (Yes, the Department of Education), actually makes money on defaults, and makes more on defaults than on loans which remain in good stead? This has been the case for years, yet where is the media?
Dude Ranch Shareholders Learn What You Do Know Can Hurt You
Originally Published on forbes.com on January 13th, 2012 ______________________________________ It never ceases to amaze me that 25 years after the Tax Reform Act of...
IRS Eases Up on Abuse Victims
Originally Published on forbes.com on January 27th, 2012 ______________________________________ It is a real tragedy that someone can escape an abusive marriage, only...
Hooking Up With Gen Y – Challenge for Business
Originally Published on forbes.com on January 27th, 2012 ______________________________________ Tim Smith blogs on the “Echo Boom”, also known as Generation Y...
Gingrich and Medicare Tax – Pig Maybe – Hog Not – Geithner Definitely Not
Originally Published on forbes.com on January 23rd, 2012 ______________________________________ At Joseph B. Cohan and Associates, the top 20th century...
Joint Return for Divorcing Spouses – Think Thrice – Then Think Again
Originally Published on forbes.com on January 22nd, 2012 ______________________________________ Innocent spouse cases frequently frustrate me. Often it is because the...
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. ...
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...