Tax Planning
Dec 7, 2010
President Obama’s announcement that he struck a deal with House and Senate leaders to extend the current tax rates for all Americans has something for everyone to like or hate. Fiscal conservatives and taxpayers are certainly happy with the extension of the...
Oct 18, 2010
Watch this video on YouTube Dying isn’t getting any easier. The federal estate tax rules changed radically in 2010 and could change radically again in 2011 unless Congress passes new laws in the lame duck session after the mid-term elections. In 2001, Congress passed...
Sep 27, 2010
A brief AP story on an inside page of our local paper recently caught my eye. The headline was “Expiring tax cuts will hit all taxpayers.” One of the topics in the news this year has been whether Congress will take action to continue the Bush tax cuts from...
Sep 13, 2010
What do South Dakota, Alaska, and the Cook Islands have in common? Miles of scenic shoreline, for one thing. No, that’s not a joke. Landlocked South Dakota doesn’t have anything to compare to Alaska’s spectacular coastline or the reefs and beaches of...
Aug 9, 2010
Watch this video on YouTube The U.S. Government may be taking its war on the rich to the next level. The IRS is now contemplating making wealthy Americans prove how they earned their wealth. “Our government has gone from the ridiculous to the sublime in its mad...
Jul 19, 2010
As I cleared our dinner table the other night, I scraped some of my uneaten veggies into the trash. I immediately heard my mother saying, “There are starving kids in India that would give their right arms to eat what you are throwing away!” She had a point. Affluence...
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