The Tax Attic – June 4, 2009

Why is Social Security going bankrupt? As I have written in previous articles, I enjoy going to sprint car races, particularly the winged sprint car shows put on by the World of Outlaws. It’s a traveling circus that comes to Michigan usually once a year. Sometimes they come when I’m out of state, up in […]

The Tax Attic – May 14, 2009

Tax treatment of loss in Ponzi schemes Commissioner Douglas Shulman of the Internal Revenue Service recently testified before a senate finance committee. Commissioner Shulman gave testimony concerning the tax treatment of Ponzi schemes and also how the IRS is dealing with off-shore tax avoidance schemes. There probably aren’t too many people in Rockford who are […]

The Tax Attic—May 7, 2009

Seminars help to improve client service As I have gotten older, I enjoy listening to more different types of music than I did when I was much younger. For instance, my future son-in-law Devon Cunningham and I just happened to end up at Founders Brew Pub in Grand Rapids last weekend. I have written before […]

The Tax Attic, April 30, 2009

Home improvement credits change It’s home improvement time of the year. It was a cold winter and many of us are thinking about adding some insulation wherever possible, replacing a few of those leaky windows, replacing that old leaky slider,  putting in a new insulated exterior door, buying a new high-efficiency furnace, or purchasing high-efficiency […]

The Tax Attic-April 23, 2009

Continuing health insurance   We are all creatures of habit. For me, the day after the end of tax season, usually April 16, is the perfect example. I always take that day off work. I really enjoy preparing taxes, as do my co-workers, but the pressure is so intense during those last few weeks that […]