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Grandson goes to jail for plundering grandfather's estate
"Power tends to corrupt, and absolute power corrupts absolutely." — Baron Acton

Financial abuse of the elderly is a crime.

Michael Ostrows......
Understanding income tax rate lingo
With the November elections approaching, there is much political talk — I could call it something else, but I am writing for a family newspaper ......
'Disclaimer Plan' provides maximum flexibility
This year's exemption from the federal estate tax is $5 million. In 1997 it was $600,000. Part of the tax uncertainty facing us is that unless Congres......
Tax uncertainty has chilling effect for Americans
It's tax season. The filing deadline of April 17 looms large. (My son, as a little kid, said he thought there were five seasons — spring, summer......
Supreme Court dissects arguments on health care mandate
Over three days last week, the nine Justices of the United States Supreme Court sat for six hours to hear arguments on the constitutionality of the Pa......
IRS values stolen or illegal items at black market rate
Ileana Sonnabend, who was a legendary modern art dealer, died in 2007 at age 92. Her estate, which included an $876 million art collection with works ......
How Gingrich's S corporation lowered his taxes
If you take a look at Newt Gingrich's 2010 Form 1040, you will see that he received some compensation from an S corporation and also reported S corpor......
Passive activity loss limitations on real estate tax shelter
Owning rental real estate is often touted as a great tax shelter.

The main reason it's considered a shelter is the deduction for depreciation (also......
How to avoid conflict of interest quandary
The Office of Government Ethics (no, that is not an oxymoron) oversees public and confidential financial disclosures for the executive branch. It also......
Legitimate vs. abusive tax shelters
Structuring a transaction to result in minimizing income tax does not mean it is an abusive tax shelter.

As U.S. District Court Judge Learned Hand ......
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