by Leif Jensen | Oct 6, 2021 | Money Management, Taxes |
In Fiscal 2020 we had clients who sold their home and did not prepare for the tax consequences. What was the most surprising was the fact that two or maybe three clients all claimed that they rolled the funds into a bigger home and so the profits should not be...
by Leif Jensen | Oct 5, 2021 | Rant |
The proposal, announced earlier this year by the Food and Drug Administration, stems from the agency’s finding in 2013 that menthols are harder to quit than regular cigarettes and likely pose a greater health risk. The agency also found that menthols are likely...
by Leif Jensen | Oct 4, 2021 | Taxes |
The most recent IRS statistics are out and the analysis is in, who are paying our taxes? At least from 2018… IRS statistics from 2018 show that the top 1% of taxpayers (more than $540,000 in income) paid 40.1% of all individual income taxes; the top 5% (about...
by Leif Jensen | Sep 29, 2021 | Uncategorized |
Blockchain is a term you will be hearing more and more of if you haven’t already. The blockchain is bitcoin’s historical ledger of all transactions which is publicly viewable at all times by anyone, so that there can’t be any under-the-table cash transactions. This is...
by Leif Jensen | Sep 28, 2021 | Investing, Money Management, Taxes |
President Biden wants to increase the tax on dividends. I find this a bit shortsighted; since he apparently has never invested in the stock market throughout his life (can this be true?) The value of those dividends is then an unknown entity. Not all have federal...
