Most Recent Posts
The Tax Hazards Of Whole Life Insurance Policies
A feature of the game of Monopoly is landing on a space where you get to draw a Community Chest Card. One of them has an image of Mr. Monopoly (formerly Rich Uncle Pennybags) who has a long beard and a cane and is bent with age. The card reads Life Insurance Matures Collect $100. It is sort of like he landed on the Community Chest square in the ghetto between Mediterranean and Baltic and rolled snake eyes on the next turn, which you and I both know puts you on Income Tax. Like many others he was taxed on capitalized interest in addition to the excess of his money out over his money in.
Christmas As A Tax Story
Assist with your spirit of counsel and fortitude the President and other government leaders of these United States. May they always seek the ways of righteousness, justice and mercy.
Revisiting Romney’s 2012 Tax Scandals: From Carried Interest to a Dancing Horse, in Light of His Tax-the-Rich Plea
Well, now there is a spreadsheet with 40 interesting numbers on it which PWC has boiled down to a few percentages. You have 20 years of adjusted gross income and twenty years of total tax. Why not release those two series ? Is it because the twenty years worth of adjusted gross income would be difficult to reconcile with a net worth of $250,000,000 ?
Mitt Romney’s Call to Tax the Rich Like Himself: A Skeptical Take
Image by Flickr - Mark Taylor By Peter J. Reilly Romney Breaks From Republican Orthodoxly Mitt "not a penny more" Romney with a guest essay in the New York Times...
Kent Hovind And Paul Hansen And A Jeep Stolen From Dinosaur Adventure Land
Much of the complaint relies on pseudolegal theories (e.g., distinguishing “People of Alabama” from “STATE OF ALABAMA”; claiming no jurisdiction over non-U.S. citizens; ZIP code brackets; common law “court of record” overriding statutory courts). These are routinely rejected as frivolous
Kent Hovind Files Defamation Lawsuit Against Mark Stoney
Overall, the case has moderate viability if evidence (e.g., video transcripts, witness statements) supports the allegations. However, it risks early dismissal or summary judgment if deemed a meritless retaliation against criticism, especially given Hovind’s history of litigating against detractors.
Your Tax Matters Partner – A New Day Has Dawned
I am writing to people who may have had some interest in my writing over the years. I wanted to let you know that I will no longer be posting to Forbes.com. I’ll tell you all about that but only in person and over a beer or maybe a cup of coffee, since I can’t handle that much beer anymore.
Tax Court Exposes Conservation Easement Syndication Process
The Court shares the Commissioner’s frustration with the mix of sophistry and cupidity at the heart of this transaction, as well as the utter waste of time and money spent in untangling the ins and outs of this abusive scheme. Fraud this was not, however.
Anatomy Of An AI Hallucination
Yes, this is a classic example of what people mean by “AI hallucination.” In AI terms, hallucination refers to when a model like me generates information that sounds plausible and confident but is actually inaccurate or entirely fabricated, often due to patterns in training data, misinterpretation of context, or gaps in reasoning from available sources. In this case, I pieced together X discussions, links,
Building a Financial Foundation for Two: Smart Money Moves for Newlyweds
Money isn’t just math — it’s emotional, cultural, and personal. As newlyweds, your finances become a reflection of your shared values. By combining transparency, teamwork, and continued learning, you build not just wealth — but financial harmony. Together, you’re not just managing money; you’re crafting the life you both want to live.