Jun 30

Health Reform Passes – Penalties are “Taxes”

In the Supreme Court’s 5-4 decision allowing most of the Affordable Care Act to stand, Justice John Roberts interpreted “fees” levied on individuals who choose not buy something (in this case health insurance) as a tax and not a penalty.  If such a fee is, in fact, a tax (and not a penalty), Justice Roberts […]

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Jun 29

Foreclosure may be Taxable for Many

As we transverse the calendar from 2012 to 2013, the horizon is veiled in a fog of financial uncertainty.  If we do not steer clear of this proverbial fiscal cliff, the average taxpayer will face a major tax increase as the Bush Era tax cuts expire.  The Adoption Credit will disappear for most adoptive parents.  […]

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Jun 13

Health Reform Passes – Penalties are “Taxes”

In the Supreme Court’s 5-4 decision allowing most of the Affordable Care Act to stand, Justice John Roberts interpreted “fees” levied on individuals who choose not buy something (in this case health insurance) as a tax and not a penalty.  If such a fee is, in fact, a tax (and not a penalty), Justice Roberts […]

Read More
Jun 12

Foreclosure may be Taxable for Many

As we transverse the calendar from 2012 to 2013, the horizon is veiled in a fog of financial uncertainty.  If we do not steer clear of this proverbial fiscal cliff, the average taxpayer will face a major tax increase as the Bush Era tax cuts expire.  The Adoption Credit will disappear for most adoptive parents.  […]

Read More