Hi Everyone,
The law that sets the long-term capital gain rate at 15% expires at the end of 2010.  Assuming no new laws are passed by Congress, the long-term capital gain rate will increase to 20% the way it was earlier this decade.  Looking at this, it will give us a little more than one year [...]

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Hi Everyone,
For all of you who are not considered wealthy by our government should see a little bit of an increase in the take home pay starting April.  It could be as much as $35 to $40 if you get paid monthly, less if you get paid more frequently.  Here are some pitfalls to look [...]

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Hi Everyone,
It is amazing how already the second Obama cabinet appointee has tax problems. First it was our in the mean time confirmed treasury secretary Timothy Geithner for not paying self-employment taxes. At least he disclosed it with the vetting committee in November, although they found more during the vetting. Our next tax cheat is [...]

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