IRS Issues Draft Instructions For Net Investment Income Tax
Back in August of 2013, the IRS issued a draft Form 8960, which is to be used by individuals, estates and trusts who are subject to the new Obamacare net investment [...]
The Zeroed-Out GRAT
It seems that ever since Mitt Romney began running for President, the media has gained an increased interest on the estate planning techniques of the wealthy. As I have outlined [...]
Tax Man’s Best Friend: The Dobermann Pinscher
Yahoo News has a fascinating story on five dog facts you don't know. The top fact describes the curious history of the Doberman Pinscher. #1 Tax Man's Best Friend: Being a [...]
The Disability Pension Tax Scam
Much has already been written about run away public employee union pension and healthcare costs that are burdening cities and counties nation wide. Â One aspect of many these pension plans--the [...]
U.S. Debt Clock: You have to see it to believe it
Last night I ran across a phenomenal website called USDebtClock.Org.     I captured the above screen shot this morning so all of the above figures are approximate as of 1:00 pm on [...]
Bell City Manager Rizzo Pleads No Contest–Blames Assistant
A few days ago, the former Bell city manager Robert Rizzo, made infamous by drawing an $800K annual salary, surprised state prosecutors and pled no contest (the gentleman's version of [...]