Taxes From A To Z (2017): H Is For Harvesting Losses
It’s Taxes from A to Z. H is for harvesting losses.
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Tax Help For Gamblers? You Bet!
Basketball fans everywhere were on the edge of their seats this weekend as Notre Dame nearly ended Kentucky’s perfect season in a nail biter. After the game, brackets everywhere remained mostly intact and folks who had picked Kentucky to win it all in the office pool breathed a sigh of relief. I’m fifth in my…
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Madoff Victims Get A Tax Break (Or The One Where I Say Things That Make People Mad)
The Internal Revenue Service (IRS) has finally developed a strategy for dealing with the victims of Bernard Madoff’s Ponzi scheme. The plan is said to apply to all participants in Ponzi schemes, not just Madoff’s, but clearly would not have been put in place without recent events. A Ponzi scheme operates like this: you put…