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Most Recent Posts

Filing Separately For 2021 Tax Savings Who Is Missing Out?

Filing Separately For 2021 Tax Savings Who Is Missing Out?

My impression is that the people who are onto this this are small but not micro local firms who serve moderately prosperous people for whom a couple of thousand dollars is pretty meaningful. Much as I want to be true to my school, I have to say you might have more luck with an Enrolled Agent than a CPA, although we have Mike Sylvester there making us shine.

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Worst And Best Book Movie Adaptations

Worst And Best Book Movie Adaptations

After reading The Good Shepherd, I really thought it would be impossible to translate to the screen, but they actually did quite a good job.  They change the romantic back story and cannot bring out a lot about Krause’s past, but the basic elements of the problems that he faces in command and his essential character come across very will.  I really see why Tom Hanks wanted to do this film so much.

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How to Ensure Your Small Business Maintains a Healthy Cash Flow

How to Ensure Your Small Business Maintains a Healthy Cash Flow

Even after running credit checks as discussed above, you can still take steps to ensure your customers pay you as agreed. One way to do that is to offer incentives such as discounts if they make early payments. This increases the chances that you receive payment immediately after closing deals even if you’re offering net-30 or net-45 payment terms to stay competitive.

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Married Couples May Save Thousands By Filing Form 1040 Separately For 2021

Married Couples May Save Thousands By Filing Form 1040 Separately For 2021

I have spoken with a few practitioners who have found, when they looked at this that the negatives of separate filing swamp the credit savings.  There is also a concern about getting paid for the extra work.  It is clear that there is something worth looking at here.  Unfortunately, retired as I am from active practice, I don’t have the right software to study the problem efficiently. The magic number seems to be a couple with adjusted gross income over $150,000 for both the child credit and possibly picking up economic impact payments.

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Major New York Landlord Tripped Up By Like-Kind Exchange Technicality

Major New York Landlord Tripped Up By Like-Kind Exchange Technicality

I think it is rather unfortunate that neither the Tax Court nor the Second Circuit got to the substance of the arguments.  What is supposed to happen if you by an undivided interest in real estate and all of a sudden you find yourself a partner in a partnership you did not know existed?  Generally speaking you can’t become somebody’s partner without them letting you in and you can’t be drafted into a partnership.

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Achieving Financial Health With a Personal Finance App

Today, more and more people are relying on personal finance apps to pay their bills and to keep track of their spending, and for good reason: those apps boast time-saving features that can end up saving you money and put you well on your path to financial freedom. So take time to compare what each app has to offer, and find the best one to help you reach your goals.

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Edward Brown Constitution Ranger – Part I – The Appeal

Edward Brown Constitution Ranger – Part I – The Appeal

The court concluded that while being elderly is generally a mitigating circumstance for sentencing, that is because it typically reduces a person’s dangerousness and risk of recidivism. But Brown’s history and current statements and behavior belie those statistics in his particular case. As a result, while the judge might well have imposed a lesser sentence at resentencing, it was not unreasonable that he chose not to.

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Federal Prosecutors Coming Down Hard On Abusive Conservation Easement Promoters

Federal Prosecutors Coming Down Hard On Abusive Conservation Easement Promoters

Syndicated Conservation Easement (SCE) products aren’t produced in vacuums. there are teams of people constructing and assembling a variety of documents that support each fund’s capital raise. In the past, if one of those procedural links failed it was treated independently from the others. What this conspiracy case tells us is moving forward, is that each link infects the link it touches. That the whole chain will be viewed as corrupt.

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