As a bunch of folks predicted, Barry Bonds’ record-breaking home run ball (756) will be sold at auction. The fan who caught it, 21-year-old Matt Murphy, says he can’t afford to keep it because of the tax consequences. He reportedly said that “several people told him he would be taxed on the souvenir” if he…
I know, I know. It’s August. Tax season is eons away. You don’t want to think about it. But maybe you should. With some shrewd planning now, you can save thousands on your taxes come April. Consider these actions: 1. Refinance. Yes, the market is a mess right now. But there are still lenders willing…
Getting to Know You Tuesday has been on hiatus for a couple of weeks. It’s summer. It’s hot. People are on vacation. At least, those are the excuses I’m using (you don’t really want to hear about baby ear infections and selling my house). But I’m thrilled to announce that the series is back and…
Naming a baby can be controversial. Trust me. I have three children and everyone seems to have an opinion as to whether each name suits the baby, whether it makes sense, whether it’s too ethnic, whether it’s not ethnic enough… And all three names are perfectly “normal” – whatever that means. Not a Django, Brittnee…
The attorneys for Marrita Murphy just aren’t going quietly. On August 17, 2007, they filed a Petition for Rehearing En Banc (available here as a pdf) for Ms. Murphy’s tax case. I’ve posted and posted and posted about the case on the blog previously. And that’s all I’m going to say about that. (hat tip:…
Who believes that the economic burden of being middle class in America is difficult. TaxProf blog posted an interesting excerpt from Todd Zywicki’s op-ed piece in the Wall Street Journal about double income (at a middle class level) families and their struggle with an increased tax burden. The piece was derived from a review of…
I was wrong about the Red Cross – well, a little bit. I previously reported that they provide no financial incentives for donating blood but that’s not exactly correct these days. This week, the Philadelphia Inquirer reported that Kimberly Fulton of Swedesboro, NJ, has won a year’s supply of gasoline in the first of two…
Of all of the blog joints in all the towns in all the world, you had to click onto mine… Yeah, I know it’s bad but I couldn’t resist. It’s Casablanca. How can I be expected to write about a movie with such a classic line and not butcher it somehow? Today, I’m tackling the…
Or you hit your tax-free limit. Or your credit card bursts into flames. Or until your husband curls into a ball and refuses to go to the next store. You get my point. For many states this weekend, in order to boost back to school sales (which retailers claim are flagging),it’s a sales tax free…
I returned from vacation today to find one red tomato on my plants in the garden. One. I am hopeful that this means that my neighbors took advantage of my email urging them to pick the ripe ones while I was gone… I’d like to think that as opposed to the alternative, which is that…
