by Leif Jensen | Oct 27, 2011 | General |
Apparently the U.S. isn’t the only country interested in tax avoidance by high-incomers. The United Kingdom is planning a crackdown, advertising for 1,000 agents to closely check the tax compliance of the country’s 350,000 wealthiest taxpayers. IRS already has a squad...
by Leif Jensen | Oct 26, 2011 | General |
Are you tired of hearing the phrase Apple has an app for that? Well if not you may be in for a treat. Especially if you are still sending greeting cards by snail mail? Which I am thinking the answer is no. But if you do, Apple has an app for that. The new iPhone 4S...
by Leif Jensen | Oct 25, 2011 | General |
President Obama’s refinancing plan will be a boon to least 1 million homeowners. But there is fear that it doesn’t get at the root of the housing crisis. Easing refinancing rules for one-tenth of the nation’s homeowners whose mortgages are underwater is beneficial and...
by Leif Jensen | Oct 23, 2011 | General |
It appears that more companies are looking to expand on U.S. soil rather than overseas in the coming months. Managers are starting to find that production costs in parts of the U.S. are cheaper than in some regions of China, once transportation expenses are taken into...
by Leif Jensen | Oct 18, 2011 | General |
In 1973, the median male worker earned just over $49,000 when adjusted for inflation, while in 2010 that worker made about $1,500 less. Yet, in the same period, the output of the economy has more than doubled, and the productivity of workers has risen steadily. [NPR]...
by Leif Jensen | Oct 16, 2011 | General |
We have a Tax Court case that actually seems to be beneficial for a taxpayer. Interest paid on a mortgage for a house that was never built is deductible. This couple took out a loan and bought a beachfront home. They tore it down and planned to build a new house on...
