Tax Attic for July 4, 2013

Last week, the Supreme Court, in a 77 page document, ruled that the Defense of Marriage Act (DOMA) was unconstitutional. The 1996 Defense of Marriage Act was passed when Bill Clinton was President and defined a legal marriage as consisting exclusively of a man and a woman. This was a big decision with fully yet-to-be-determined […]

Tax Attic June 27, 2013

Last week, I discussed financing the cost of college education through the Direct Loan program. Another manner of paying for the cost of education is through the usage of Section 529 College Savings Tuition Plans. There is no question that 529 plans, if sufficiently funded, can be used to pay for almost all of the […]

Tax Attic June 20, 2013

Last week was a good week for the Coon and the Cunningham families. Stephanie, our oldest daughter, and her husband, Devon Cunningham, had a baby boy, Rowan James, on Tuesday, the 11th. For both sets of proud grand-parents, Rowan is our first grandchild. The little fella might get spoiled just a bit. Since Stephanie and […]

Tax Attic

Contrary to Governor Snyder’s seemingly best efforts, the cost of college tuition continues to sky rocket. The ways to finance that cost are familiar to all of us, i.e. scholarships, grants, and loans. In my book, scholarships and grants that aren’t required to be paid back are the very best method of paying for college. […]

Tax Attic

The World of Outlaws (WOO) Sprint Car circuit comes to Michigan once a year. It seems like they spend at least half of their year in the neighboring states of Indiana, Ohio, and Pennsylvania but Michigan racing fans get one chance to see the big hitters like Steve Kinser, Sammy Swindell, and Donny Schatz, without […]