Whether or not you believe the old chestnut that everyone has a book in them, it is undoubtedly true that those who do have many more options these days for getting that book into the world. If you venture into self-publishing, you will confront all sorts of complexity, not the least of which are the many tax issues to consider.
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The world is oversupplied with oil, U.S. interest rates are rising and international prospects look dim, with slowing growth in China and persistent troubles in Europe and Japan. How should investors react?
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This time last year, taxpayers had to provide health insurance information on their income tax returns for the first time. As with any new tax-reporting provision, the process proved more burdensome for some than for others. The second year could bring its own set of unpleasant surprises.
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After 43 Years, IRS Collects Gift Taxes From Redstone. The gift tax statute of limitations is typically three years — if you file a gift tax return.
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For the right investor, the U.S. EB-5 Immigrant Investor Program can be a sensible path to securing permanent residency in the United States.
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An old saying goes “the third time is the charm.” I guess for Congress, we can say the 35th time is the charm.
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As people approach retirement, some succumb to the temptation to move south in pursuit of warmer weather, a lower cost of living and lower taxes. Others, like me, make this choice much earlier in life. Regardless of when you consider moving to a lower-tax state, be sure to examine your priorities and the implications of the move.
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Ben Sullivan looked like a young man with a bright professional future when I recruited him nine years ago to join our staff in Scarsdale, New York. To get him to come aboard, I had to promise not to keep him there.
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What does it mean to control an asset?
The answer is sometimes complicated and always of great interest to the Internal Revenue Service.
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Another IRS Crummey Challenge Fails. The Internal Revenue Service has lived with Crummey trusts for nearly 50 years, but it …
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