A person doesn't know how much he has to be thankful for until he has to pay taxes on it. –Author Unknown Now is always a fine time to assess your corporation’s eligibility for tax credits. You want to save money for all those nice end-of-year gifts and bonuses, right? When I went to school, and yes, as my law clerks would say I rode a woolly … [Read more...]
Taxing the Gift – The Gift That Keeps on Giving
“A son can bear with equanimity the loss of his father, but the loss of his inheritance may drive him to despair.” - Niccolo Machiavelli The Tea Act – the act that spurred the Boston Tea Party – left in place the hated three-pence-per-pound duty enacted by the Townshend Acts in 1767. A three-pence-per-pound duty. Fast-forward two hundred … [Read more...]
