Admit it, you’ve stared at that checkbox for the presidential election fund and you have no idea what it really means… It’s one of the
Read MoreTag: taxes
Taxes From A To Z: L Is For Like-Kind Exchanges
These days, selling real estate doesn’t seem to make anyone happy. If there’s a loss (which is more often than not the case as of
Read MoreTaxes From A To Z: I Is For Insolvency
I remember the first phone call that I received about insolvency exceptions. A taxpayer called to ask me how to protect his daughter who had
Read MoreTaxes From A To Z: G Is For Golden Parachutes
I know. This sounds like something that Michael Kors might be putting out. Unfortunately, golden parachute payments have nothing to do with the world of
Read MoreTaxes From A To Z: F Is For FBAR
In 1970, Congress passed the Bank Secrecy Act which was pretty much the first law on the books in the US to require banks and
Read MoreState Of The Union 2011: What Does It Mean?
Last night, the President delivered his annual State of the Union speech to members of Congress and to the nation. The text follows below but
Read MoreTax Trivia: Timely Filing
We have a winner! See the correct answer in the comments. Our next tax trivia question for the giveaway is: To be considered timely filed,
Read MoreBiden’s Frosty Exchange Over Taxes
Last week, Vice President Joe Biden was in Milwaukee when he stopped in at Kopp’s Frozen Custard (not ice cream!) for a quick bite. After
Read MoreIt’s April 14! I’m Late!
Seriously? You’re not late. If you haven’t filed your taxes yet, you still have a moment or two to spare. Despite some of the headlines
Read More2008 Is A Record-Breaking Tax Year
But not necessarily in a good way. The Tax Foundation is reporting that two records were set in 2008: the highest numbers of non-payers and
Read More