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No Santa Claus Rally This Year
Investors have long known that December and January are among the best months for stocks. Most investors know why, too: late in the year, it’s possible to sell losing stocks in order to shelter profits...
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US Tax Mavens Protecting Your Right To Get Plastered Abroad
Uncle Sam went to the WTO loaded for… well, it looks like Sam just wanted to go get loaded. On good ol’ US-brand firewater, that is! According to Reuters.com, the US is pissed at the Philippine...
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California In Financial Hardship: Turns to Drugs
California is dealing with the most intense budget crunch in the country. One proposal for dealing with the financial hardship is one quite familiar to glassy-eyed freshman on 3 a.m. Taco Bell runs...
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Drink Up! Soft-Drink Industry Dodges Tax
Do you like to pair your quintuple-cheeseburger (The High Five!) with a soft drink big enough to swim in and loaded with enough fizzy additives to clean limestone? Are you a lobbyist for a large soda...
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Light Up Quick! Proposed Tax Would Make Smoking More Expensive
Imagine, for a second, that you’re a smoker, which, if you’re a smoker, should be easy. You’ve triumphed over brownish teeth and the lingering stench of stale smoke. You’ve bravely ignored the highly...
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Rejoice! The Making Work Pay Credit Will Soon Be Gone
It may have given a needed boost to the middle class last year, but the Making Work Pay credit also caused a lot of headaches. And since we’ve allegedly been out of this recession for a year, it’s...
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Have You Filed Your Tax Extension Yet?
The smell of fall is in the air, which means the smell of rising panic over the tax extension deadline is approaching! For those of you who had the foresight to miss the April 15th deadline, but fill...
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Plain Writing Act of 2010: Can Taxes Ever Make Sense?
Last week congress passed H.R. 946 into law, generally known as the known as the Plain Writing Act. What this is will hopefully do is make sure that government documents can be understood by the...
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Proposition 19: Does Legal Marijuana Make For Tax Windfalls?
California’s Proposition 19, known ever so formally as the Regulate, Control and Tax Cannabis Act of 2010 is being championed by a lot of people because it would have massive tax benefits. And it...
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Thank You, Rasmussen!
Rasmussen named me as one of the Top Twenty Blogs for Accountants, which is an honor, even as dead last. I hope any new readers coming here from that enjoy their poke around and learn something.
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