Articles

Please CLICK HERE to read an interesting article by Katie Holliday entitled “Emerging Asia’s Wealth to Overtake US by 2015…

The goal of delaying, if not scuttling, the Keystone pipeline is to prevent oil from the Tar Sands in Canada from coming to the US with the hope that the pollution from...

You’ve probably heard economists and especially wise investors say something like “short-term, the stock market is like a voting machine, but long-term it acts like a weighing machine”–a quote attributed to legendary value investor Benjamin Graham…

It is interesting that recent decisions by the IRS are self serving and do not help the American public The last strategic paper drafted by the IRS outlined 3 areas to target increase revenues for the US by about $300 billion per year: 1) $100 billion from large corporations, 2) $100 billion from small businesses and 3) $100 billion from individuals…

The government in its infinite wisdom has decided that the 0.9%Medicare surtax  requires a new form (8959) to ensure taxpayer’s are levied this new tax.  We do not require...

Now that my son is attending Kenyon College, I am on the mailing list for its alumni bulletin. In Volume 36, number 2 had an article by Jay Corrigan, Associate Professor of Economics titled: “Why Are the Rich Getting Richer?”…

Such a Deal…When you think of U.S. government bonds, the word “creativity” isn’t always the first word that springs to mind…

Having dealt with audits for over 30 years, I can say random audits based upon income are intrusive, expensive and have not resulted obtaining more money from bad...

As you may know, the government postponed the date by which it will process tax returns to January 31st.  Originally the IRS stated it would start processing returns on...

A recent Wall Street Journal has an article about states that mint new millionaires. The article indicates which states had the greatest percentage increase in new millionaires between 2012 and 2013. The leaders were not a surprise: North Dakota followed by Maine, Maryland, New Hampshire, Louisiana, South Dakota, Delaware and Nebraska…

A recent article in Bloomberg Businessweek, titled “Agriculture: India’s Farmers Benefit From Better Roads” described how for 30 years a rice farmer barely earned 2,000 rupees ($32) a month because there were no roads to access markets and no roads to easily obtain fertilizer and other supplies to his village. Then in 2010 a road was finally created connecting his inland town of Kainad to the coastal town Dahanu. The road transformed a 3 hour journey by foot into a 25 minute car ride…

In many ways the US workforce today is mirroring the changes that occurred during the Great Depression.  During the 1930s, older workers remain on the job longer, people in...