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Category: Blog

Country Crooners Sing the Blues

Country music embraces a long tradition of songs about sadness and ruin, heartbreak and pain. It just makes sense, then, that country music sometimes runs afoul of the tax system. Most famously, Willie Nelson found himself on the wrong side of a $16.7 million tax bill. And outlaw country icon David Allen Coe, who penned Take This Job and Shove It, drew three years probation and $980,000 in restitution for failing to report his income, which he insisted on taking in cash to hide from the IRS.

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Two-Tired to Fight About It

When you think of “federal crime,” you probably think of big-ticket offenses like mail fraud, identity theft, and tax evasion. But our criminal code is also full of, shall we say, lesser offenses. For example, according to the Crime a Day Twitter feed, “18 USC §1854 makes it a federal crime to cut, chip, or chop a government-owned tree to get turpentine out of it.” 7 USC §8313 “makes it a federal crime to bring an imported camel’s blanket into the United States...

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Two-Tired to Fight About It

When you think of “federal crime,” you probably think of big-ticket offenses like mail fraud, identity theft, and tax evasion. But our criminal code is also full of, shall we say, lesser offenses. For example, according to the Crime a Day Twitter feed, “18 USC §1854 makes it a federal crime to cut, chip, or chop a government-owned tree to get turpentine out of it.” 7 USC §8313 “makes it a federal crime to bring an imported camel’s blanket into the United States...

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TIME TO TAX PLAN FOR 2018

The Tax Cuts and Jobs Act of 2017, which went into effect January 1, 2018, has many provisions that affect Realtors and their homeowner clients. The time to PLAN for 2018 is NOW, not next April. Follow my posts HERE for helpful information on the steps to take!

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iTaxes Version 38 Billion.0

In 2016, SyFy debuted a new show called Incorporated about a dystopian future where corporations, not governments, rule the world. If that nightmare ever comes true, we all know which real-world corporation will rule them all. It’s Apple, of course, which just took the shrink-wrap off their $5 billion ring-shaped headquarters in Cupertino, CA and is on the verge of becoming the world’s first trillion-dollar company.

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How Will I Know?

In 2012, the singer Whitney Houston died suddenly, drowning in a hotel bathroom after years of battling drug addiction. Yet the world will always treasure her musical legacy. The Guinness Book of World Records reports that she was the most awarded female artist of all time, with two Emmys, six Grammys, 30 Billboard Music Awards, and 22 American Music Awards, among 400+ awards in total. Rolling Stonelisted her debut album as one of the 500 greatest albums of all time. And VH1 put her at number...

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NFL Playoffs: Blue States Versus Red

NFL playoffs have begun, and Wild Card Week featured some real competition. On Saturday, the red-state Tennessee Titans barbecued the red-state Kansas City Chiefs, 22-21, and the red-state Atlanta Falcons defeated the blue-state Los Angeles Rams, 26-13. On Sunday, the purple-state Jacksonville Jaguars pounced on the blue-state Buffalo Bills, 10-7, and the red-state New Orleans Saints marched past the purple-state Carolina Panthers, 31-26.

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iTaxes Version 38 Billion.0

In 2016, SyFy debuted a new show called Incorporated about a dystopian future where corporations, not governments, rule the world. If that nightmare ever comes true, we all know which real-world corporation will rule them all. It’s Apple, of course, which just took the shrink-wrap off their $5 billion ring-shaped headquarters in Cupertino, CA and is on the verge of becoming the world’s first trillion-dollar company.

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He’s Mister Tax Miser

Welcome to 2018! New Years’ always brings changes to taxes. Key numbers, like tax brackets, standard deductions, personal exemptions, and qualified plan contribution limits, all roll over on January 1. But this year brings more change than any year since 1987. Washington has just passed a sweeping overhaul of the entire tax code, from working individuals all the way to multinational corporations. Tax planners across the country are scrambling to ferret out the opportunities hiding in its...

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