Taxes

There are two international events that I’ll be following this July. Both take place in France. The Tour de France has been a midsummer treasure for more than 100 years. It’s a spectacle of human endurance — a bit like running a marathon a day, every day, for three consecutive weeks. The participants have every

We’re a month or so into summer, and my inbox is already filling up with back-to-school offers. According to the National Retail Federation, 80% of shoppers expect higher prices this year—and more than 2/3 of shoppers typically plan shopping around sale events. When every dollar counts, taking advantage of state sales tax holidays can help

Las Vegas has 21,000 conferences a year. Yet, the 21,000-member-strong American Economic Association has never held its annual convention in Sin City. It hasn’t been invited. No surprise. Vegas wants to host special people — people who know how to have fun, who love the glitz, the lights, the noise, the attractive staff, the booze,

Mistakes happen. But when they happen in tax legislation, it can result in millions of dollars of unexpected taxes. That’s what happened in Minnesota—to the tune of $352 million. One Minnesota Budget The legislature’s $3 billion tax bill made headlines when it passed earlier this year. Included in the new law were provisions approving rebate

When that ship of yours that is coming in is visible on the horizon – a business that you have built or some assets that you shrewdly purchased long ago now ripe for sale- you need to think about how to deal with the associated tax on your gain. Just for perspective you should calculate