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As a financial adviser I notice that certain money mistakes are very commonplace. Are you making these kinds of errors that can destroy a fortune? Instead of learning from your own mistakes, try learning from other people’s mistakes. Here is a list of some of the most common mistakes in financial planning.
In his Sunday interview with CBS 60 Minutes, President Barack Obama referred to Prime Minister Netanyahu's relentless pressure regarding the Iranian nuclear threat as "noise" that must be ignored in order for the president to be able to focus on American interests. He also referred to Israel as "one of our closest allies in the region." That's two snubs in one interview (Remember when we used to be THE closest ally?).
Being forced to pay taxes does not make us more virtuous people. If it did, our founding fathers would have thanked George III for his coercion.
The Zionist Organization of America has lost its 501(c)3 tax exemption status, due to failure to file tax returns for the last three years.
Wealth transfer is a hot topic in financial planning. Thinking about how to pass funds from one generation to the next can be emotionally difficult. Perhaps the older generation doesn’t approve of the way the younger spends the money, or the younger generation isn’t involved in the family business. Furthermore, tax and legal issues can complicate matters.
U.S. taxpayers traveling to the United States with unpaid U.S. tax assessments can be detained at the border, questioned, and flagged for follow-up enforcement. If a taxpayer has an unpaid tax liability and is subject to a resulting Notice of Federal Tax Lien, the IRS may submit identifying taxpayer information to the Treasury Enforcement Communications System (TECS), a database maintained by the Department of Homeland Security (DHS).
Avraham and Moshe Tischler, 20-somethings brothers and ambitious political neophytes, recently met with The Jewish Press editorial board to discuss their current political plans and future prospects.
If you are already bored with the US presidential campaign rhetoric, do we have a debate for you!
This is too delicious for words. On Friday, Bruce Bartlett of the Fiscal Times published a column under this very headline. It should obviously be filed under the "Dewey Beats Truman" category.
There’s no such thing as a perfect investment.
A recent CNN Money article focused on how more students than ever are requesting need-based financial aid from the private schools they attend. “Private schools are getting flooded with financial aid applications, and a growing number of the parents seeking help are earning $150,000 or more a year,” the article stated. It also pointed out that “overall, the average cost of tuition at private schools across all grades is nearly $22,000 a year, up 4% from a year ago and 26% higher than it was in the 2006-07 academic year, according to the National Association of Independent Schools.”
We must not let our concept of the purpose and character of a tax be corrupted, precisely because taxing us is a power accorded Congress in the Constitution. The definition of “tax” is, in fact, the most important limit on what Congress can do with its power to tax. In the wake of the Obamacare ruling, defining “tax” is defending our liberty – or, from the opposite perspective, attacking it.
Understand this: it doesn’t matter if ObamaCare is repealed next year. Repeat as necessary until understood. The SCOTUS ruling is on the books. Congress can make you buy anything, as long as it fines you if you don’t. The concept of constitutional limits on the power of government has been effectively removed from our guiding idea of law and jurisprudence.
This is what a tax now looks like? This is an open invitation to “tax” via whatever mandate sounds good to you. What sort of unequal-before-the-law mandate would not fit this definition of a tax? Congress can do anything it wants, by the logic of this decision, with the judicial precedent set that levying mandates equals using the power to tax.