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Recent Posts
Will the Estate Tax Die on January 1, 2010?
Under the current Economic Growth and Tax Relief Reconciliation Act ("EGTRRA")if a person dies in 2009 with less than $3.5 million in their estate, their are no estate taxes. Well over 95% of U.S. citizens who die in 2009 will have less than $3.5 mi...
Tax-exempt cosmetic surgery?
A religious broadcaster is building a $4 million home in a gated, lakefront community in western South Carolina at the same time that the ministry has cut jobs. stopped 401K matches, and reset thermostats to save money in its new headquarters. The ne...
Get a Living Will
The Obamas have living wills and you should, too. You should also have powers of attorney as well. If you are in Utah and need help with these documents, contact us.H/T Death and Taxes blog....
Slap on the wrist
We blogged here that Bank of America will pay $33 million because of misleading statements it made to investors and the SEC regarding bonus payouts. We weren't the only one questioning the small fine.In its complaint, the S.E.C. said that Bank of Ame...
A dead man changes his mind
From the Vancouver SunDespite the artists stipulation that it never be printed, Playboy magazine has bought the rights to the late Vladimir Nabokov's final novella and will publish it in it's November edition.The story of an unhappy man infatuated wi...
Frozen Assets Buy Jail Time
In 2007, Jefferson, was charged on 16 counts of bribery, racketeering, and violations of the Foreign Corrupt Practices Act. The government alleged that Jefferson used his congressional office to help promote business projects in western Africa in ret...

