He was known as the “King of Ming” but Maureen Donohue-Peters knew Robert H. Ellsworth simply as a good customer. The 85 year old Ellsworth, a world renown dealer in Asian art, died last August after a fall. Prior to his death, Ellsworth frequented Donohue’s steakhouse on Manhattan’s Upper East Side nearly every day for … Read more
Last week, the House of Representatives voted to kill the federal estate tax with a vote of 240-179 in favor of H.R. 1105. This week, the bill headed to the Senate where it faces an uncertain future. What is certain is that the federal estate tax is unpopular. It’s consistently ranked at the top of … Read more
Chances are that, prior to this month, you had never heard of Memories Pizza. The pizza parlor, located in the small town of Walkerton, Indiana, about 20 miles southwest of the University of Notre Dame, made national news when its owner, Crystal O’Connor declared during a television interview that the pizza parlor would not cater … Read more
New England Patriots’ cornerback Malcolm Butler might have snagged that Russell Wilson interception that lead to the Patriots’ win at Super Bowl XLIX but quarterback Tom Brady might have made the biggest catch of all: a tax break. Brady was named MVP of Super Bowl XLIX by a media panel and fan vote on nfl.com/MVP, earning … Read more
Nina Pham, the nurse who contracted Ebola while taking care of Thomas Eric Duncan, has been declared free of the virus. The fundraising campaign for her has now wrapped and donors are encouraged to put their dollars towards Ebola charities. Exercise care, though: Ebola related scams are on the rise.
It’s time for guest posts! Today, Jean Gordon Carter, a partner with the law firm Hunton & Williams LLP, comments on repeal of the federal estate tax.
It’s time for guest posts! Today, Bob Rywick, Editor and Author with the Tax & Accounting business of Thomson Reuters, sheds some light on the reasons for and against the federal estate tax.
It’s time for guest posts! Today, Josh Hoxie of the Director of the Project on Taxation and Opportunity at the Institute for Policy Studies (IPS) discusses the federal estate tax and its relationship to income tax.
The headlines are meant to grab your attention: Wealthy Clintons use trusts to avoid full estate tax they back After touting estate tax, Bill and Hillary Clinton seize on loopholes Bill and Hillary Clinton are dodging ‘death tax’ on their homes despite campaigning to raise it Clintons use loophole to avoid estate tax they helped … Read more
If you’ve found yourself humming along to that catchy song, “Girls” from the Goldieblox ad, you’re not alone: the video of their latest ad has gone viral with over 8 million views. The Beastie Boys, who penned the original version of the song are crying foul. Now, the courts have been asked to weigh in.