Rockford's free weekly newspaper since 1871
Changes that affect tax returns The passing of The Independent a few weeks ago prompted me to go back and review those initial articles I wrote for The Rockford Squire. It’s a little known trivia fact, but I wrote my first Tax Attic on October 3, 1996, replacing a business column written by Hal Babcock. Interestingly enough, [...]
Top 10 Tax Planning Strategies It’s nearing December 31. For most tax-planning strategies, December 31 is a hard deadline. I’m going to borrow from David Letterman and give you my Top 10 Action Tax Service Tax Planning Strategies. Since Herman Cain dropped out of the presidential race, I think it’s a fair bet that our [...]
Donations not tax-deductible next month A few weeks ago, The Grand Rapids Press’ Outdoor Page highlighted the Sportsmen Against Hunger (SAH) program. What a good program it is, too. Thousands of pounds of venison are processed and delivered to homeless shelters/food banks such as Mel Trotter Ministries. It starts by a hunter shooting a deer [...]
Repercussions of deficit reduction failure We seem to be encountering strange occurrences today in increasing numbers. For example, in the last two years, the Rockford area has encountered epic rainfalls affecting the 100-year flood plain. The Gaylord Street neighborhood people can vouch for the amount of rain, since some of it ended up in their [...]
Supreme Court rules pensions taxable The Michigan Supreme Court on Friday, Nov. 18, upheld the constitutionality of the controversial Michigan pension tax changes made by our legislature last spring. Public Act 38, as signed by Governor Snyder, proposed taxing public pensions beginning on January 1, 2012. Private pensions have always been taxed, but public pensions [...]
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