December 2008

Where To Put Your Cash in 2009

December 31, 2008

Hi All, Well, 2008 is winding down. This means its time to consider how your finances might be adjusted to profit in the coming year. The weakening economy means that naysayers have been given more credence. For example, trend forecaster Gerald Cliente is predicting tax rebellions and demonstrations for jobs by 2012 (1). This sort [...]

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Another Victim of the Economy: Easy Divorce

December 31, 2008

Once again, the story is at the most excellent New York Times.

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End of the Year Tax Tips

December 30, 2008

Hi All,  Don’t forget, today is the 30th.  This means that you only have today and tomorrow to take a capital loss on any stocks or assets you sell.  If you have any capital gains, and you want to offset them with some capital losses, today is the day to make it happen.  More at [...]

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How much does the Federal Goverment Owe?

December 30, 2008

$5,897,691,304,656 – nearly six trillon.  Its climbing fast.   Ouch.

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Top Ten On-Line Tax Resources

December 30, 2008

Hi All, It’s a busy day here in the nations capital, so we don’t have time to do our longer substantive postings. In the meantime here is a really excellent posting from the Tax Lawyers Blog. It’s got the top 10 online tax resources. Click here for the link. Best, James

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Appreciate Abundance

December 29, 2008

As the year comes to a close I feel it is a great time to take stock of the abundance in our lives. While it has been a very tough year financially for most, we likely have abundance in our lives if we take the time to recognize it. Health. Another year has passed and [...]

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Ouch: Oregon to Implement A Mileage Tax?

December 29, 2008

Hi All, Being that Oregon is our home state, this press story caught our eye. Evidently Oregon Governor Kulongoski is considering implementing a duty on mileage due to declining gasoline tax revenue. The plan calls for global positioning units to be installed on all cars, this would then allow a mileage tax to be levied [...]

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Washington Mutual – The Anatomy of Disaster

December 28, 2008

Hi All, If you’ve been following us DINKs for a while, you’ll know we love blogging about the former Washington Mutual bank.  Well, the NY Times has really excellent expose on the downfall of this former financial powerhouse. “It was the Wild West,” said Steven M. Knobel, a founder of an appraisal company, Mitchell, Maxwell [...]

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Time For Year End Financial Planning

December 28, 2008

I think this guy’s hair is fake.

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Should Winning Baseballs be Taxed?

December 27, 2008

Evidently there is a big debate among tax geeks about how to tax record setting baseballs. Here is an excerpt from the article. “Aside from the fact that this issue involves taxing America’s pastime, taxing record-setting baseballs is important for two reasons. First, the principles behind taxing record-setting baseballs apply to all found property. Second, [...]

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