Category: blog

Is Obama Secretly Trying to Raise the Death Tax Again?

Democrats and Republicans have been battling over the estate, or death tax for decades. Democrats always push for a higher rate, while republicans would like to completely eliminate it. During the most recent Bush administration the death tax dropped from

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Three Ideas to Start Reducing This Year’s Taxes Now

Everyone wants to save on their taxes but many people don’t start thinking about tax savings until the next tax deadline rolls around. The real key to saving on taxes is to focus on those savings year round. One of the best ways to legally save on

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How To Save on Taxes in Retirement

If it’s time to retire and you haven’t started already to plan for taxes then you need to get started now. Even if retirement is still a ways off, you should always be thinking ahead. In any case, one of

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Some U.S. Businesses Not Happy With Obama’s Plan to Stop Inversions

In recent years tax inversions have become increasingly popular as several large U.S. companies look to lower their corporate tax bills. This process consists of a company shifting its headquarters from the United States to a foreign country, which helps

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Tax-Free Spinoffs Could Be Much Tougher Under Proposed New Rules

Many U.S. companies take advantage of lower foreign taxes by creating tax-free spinoffs of their parent companies. It’s a great and legal way to lower their corporate tax bills. However, some lawmakers have long pressed for changes to these rules

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States to Avoid when Retiring

Are you on the verge of retirement, or perhaps just a few more years away but you’re ready to start making some retirement plans? There are many things to consider when it comes time to retire, not the least of

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How Frugal Entrepreneurs Avoid Excess Spending and Taxes

Getting a business off the ground is never easy. It takes a lot of blood, sweat and tears, but smart entrepreneurs know that it also takes a lot of fiscal responsibility and the ability to say no. Most startup companies

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How to Ignite Your Inner Spirit to Pursue Your Passions

We are all made up of a body and a spirit, or a soul. It’s our soul or spirit that really drives us to do everything we do. Our body is just the tool we use to carry out the

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Estate Planning for High Net Worth Foreigners

While the U.S. is considered by many to be a place where the wealthy move their money away from, there are also many wealthy people from other countries that are moving more of their money into our country. So what’s

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Windy City Tax Burden Will Hit NBA Star Hard

So how much is $47.5 million really worth? The answer is it all depends on where you live. Most of the NBA’s top free agents recently signed their new contracts, many with new teams, including former Oklahoma City Thunder Star

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