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How Much Is It Worth?

…my client exactly how much of her property she can give to her children tax-free, and neither can anyone else. My client obtained an independent appraisal, but the Internal Revenue…
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Britain Beats Up Its Bankers, Too

…only about £550 million ($900 million), a paltry sum compared to the roughly £1 trillion ($1.65 trillion) the government committed to stabilize Lloyds Banking Group, Royal Bank of Scotland and
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What Is Success, Exactly?

older man and young boy holding hands, seen from behind.

…a major component of success. Money and “success” are hardly synonymous, though, for many if not most of us. The 2024 Paris Olympics feature 45 separate sports. A few —…
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Policymaking By Focus Group

photo courtesy iprimages Google stock closed at an all-time high of $672.93 on Friday. Unsurprisingly, as shares shot up over 16 percent, the company’s stock trading volume was about seven…
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Turning A Sacred Cow Into Hamburger

…provisions: the itemized deduction for interest on home mortgages. This longstanding tax break drives up housing costs, distorts household spending patterns, promotes excess consumption of utilities and commodities, and costs…
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Duly Noted

…claim, Redstone argues – though ordinarily, the statute of limitations does not expire for years in which no gift tax return is filed. Sumner Redstone v. Commissioner, No. 8097-13. Estate’s…
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