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. 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 [...]