As you’re filing your taxes this year, keep in mind that decisions about tax rates aren’t the only thing that can affect you.
For two years, I’ve thought that taking advantage of Puerto Rico’s tax decrees might backfire. But I’m now convinced that’s not going to happen.
A few weeks back, my father, Banyan Hill’s own Bob Bauman, took me to task for something I’d written in Sovereign Investor Daily (not for the first time, either). I’d said, in regard to the American tendency toward harsh judicial punishment, that “we like it that way.” “Who’s this ‘we,’ Lone Ranger? Count me out, […]
“Pass-through” companies — LLCs, partnerships, S corporations, etc. — comprise 95% of all U.S. businesses, and they’re about to be smacked with brain-dead corporate tax reform.
Everyone dreams of (legally) avoiding the IRS. And now you can: There’s a little-known way you can avoid the IRS and pay no income taxes … safely and legally.
In his State of the Union address, President Obama called for $320 billion in tax increases and adjustments. He proposed raising the capital gains rate, repealing the step-up tax basis for inherited assets, a new financial transactions fee on Wall Street banks, repealing the Student Loan Interest Deduction and Section 529 education savings plans, and […]