December 14, 2012
Normally, at the end of each year, investors sell stock (and other assets) to recognize losses to offset gains recognized earlier in the year. Sometimes...
December 14, 2012
With fiscal cliff talks seemingly stalled (at least today) , there has been growing talk that House Republicans would call President Obama’s bluff and simply...
December 13, 2012
For over a decade, the federal estate and gift tax has been in constant flux with its exemption rising, its rates falling, and its near-death...
December 12, 2012
Regardless of the outcome of the fiscal cliff negotiations, taxes on dividends will be higher in 2013 than in 2012. As a result, companies can...
December 10, 2012
The Tax Policy Center (TPC) has estimated that going over the fiscal cliff will raise taxes on average by about $3,500 per household in tax...
December 7, 2012
Despite the ideological hype over revenue increases for the upper-income taxpayers and restricting itemized tax deductions, almost all the considered changes will tackle only a...
December 6, 2012
Starting today, it is legal to smoke marijuana in Washington State . That got me thinking: Could taxing stoners help balance state budgets? The answer...
December 5, 2012
If income tax deductions are capped or limited—an idea that often comes up in the debate over both the fiscal cliff and long-run tax reform—the...
November 30, 2012
If a tax cut is scheduled to expire, but the focus of the debate is elsewhere, will people notice? Will the average family be surprised...
November 29, 2012
While you are waiting for Congress and President Obama to decide what they are going to do about the fiscal mess, here an idea: Pick...