…offset lifetime gifts while the QDOT is operating. As this section suggests, the rules for QDOTs are complex and strict. The possible complications extend beyond the scope of this article….
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Duly Noted
…territories for federal income tax purposes. www.irs.gov/newsroom/tax-relief-in-disaster-situations If you enjoyed this article, be sure to check out Palisades Hudson’s books, The High Achiever’s Guide To Wealth and Looking Ahead: Life,…
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Preview: A Depression’s Depressing Statistics
…Center for Urban Studies. http://www.cus.wayne.edu/content/presentations/Detroit_Crime%20Barometer_May_2007.pdf Depopulation Exodus from a failing region is common in an economic depression, exacerbating an area’s problems. The Great Depression saw the Okies head west to…
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Secret Jury Deliberations, Not So Much
…and arguably racially biased comments about the defendant, indicating the juror was inclined to believe in Pena-Rodriguez’s guilt and to discount the testimony of a witness providing an alibi for…
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No Freedom Act For Snowden
…the most warped and least free non-Communist nations in the world. History will note the irony. If you enjoyed this article, be sure to check out Palisades Hudson’s books, The…
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Don’t Confuse Clinton’s ‘I’m Sorry’ With An Apology
…to check out Palisades Hudson’s books, The High Achiever’s Guide To Wealth and Looking Ahead: Life, Family, Wealth and Business After 55. Both are available in paperback and as e-books….
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Preparing A Smooth Retirement Transition
…to max out all savings and benefit from catch-up contributions to qualified retirement plans 59½ Penalty-free withdrawals from traditional IRAs and 401(k)s; penalty-free withdrawals of investment returns from Roth IRAs…
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Banning ‘Balance Billing’
…by comparing it to Obamacare, but this is exactly backwards. Republican principles favor free and open markets; the only way an open market for health care can possibly work is…
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Duly Noted
…a new trade or business. The Internal Revenue Service disallowed deductions claimed by Alex Kopaigora for the Executive MBA program at Brigham Young University. Kopaigora commuted on weekends to the…
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No More Flying Peacocks
…rules, after a process that drew more than 15,000 public comments. The new rule narrowly defines a “service animal” as “a dog that is individually trained to do work or…
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