Featured Insights —
- By Steven D Hamilton
- November 18, 2013
I am looking at a proposed rule for the Section 45R credit for small employers that offer health insurance. The IRS says I have until November 25 to respond with comments.
Let's talk about nonsense that tax practitioners have to work with.
This credit was added as an inducement for smaller employers to provide health insurance while waiting for the balance of the ObamaCare scaffolding to be erected.
- By Wade Slome
- November 18, 2013
Series of Unfortunate Events by Lemony Snicket's (the pseudonym for Daniel Handler). The award winning 13 book series began at the turn of the century (1999) with the Bad Beginning and seven years later, Handler ended the stories with The End (2006). The books chronicle the stories of three orphaned children (Violet, Klaus, and Sunny Baudelaire) who experience increasingly terrible events after the alleged death of their parents and burning of their house by a man named Count Olaf.My children grew up reading a
- By Sy Harding
- November 15, 2013
In 1999 Warren Buffett famously warned that "The next 17 years will be quite unlike the last 17 years. It might not look much better than the dismal 1965-1982 period."
He was referring to the market's history of cycling between long-term 'secular' bull and 'secular' bear markets, as it has done for at least 113 years.
- By William Smead
- November 14, 2013
All I have to do is Dream" tells us a great deal about the long-term posture of investors in late 2013 and how dreams can turn to nightmares. On the other hand, if you dream about an outcome which most experts aren't expecting, the rewards can be explosive.If you dream about investment market outcomes which are already popular in the marketplace, your dreams can turn into nightmares. The Everly Brothers 1958 hit song, "
- By Jeff Marshall
- November 12, 2013
This is a common news story about which I normally would not be writing 4 years later. What is noteworthy and worrisome is what happened after Mr. Louck's death.
Taxes & Financial Planning >
Caught In A (IRS Mortgage) Trap
Steve HamiltonSometimes it seems that the tax Code is a trap waiting to spring on some unfortunate. This time let's talk about a trap involving mortgages. Chris and Jennifer bought a house in 2001 for $365,000. In 2003 they borrowed money ($427,333) from Jennifer's mom. The note carried interest of 4.5%, and there was a document titled "Mortgage Note." They also signed a second >>
Senator Baucus Revs Up Tax Reform Discussion
The IRS Meets An Actuary
Estate Planning >
Dispute Over Ashes Leads to 6 Month Jail Term for “Paramour”
Freddy Loucks, age 43, of Mansfield, Pennsylvania died in the early morning of November 22, 2009 when his pickup truck crashed. He was not wearing a seat belt. His passenger, Monica Miller, described in his obituary as his "loving companion," was wearing a seat belt and only sustained minor injuries. See, Tioga County Man Killed in Crash, Williamsport Sun-Gazette, November 23, >>
Going Wrong with a Do-It-Yourself Will
What Happens If Your Name Isn’t On the Deed and Your Spouse Dies?
Economy & Finance >
The Fed Is Backed Into A Corner
The minutes of the Fed's last FOMC meeting, released this week, confirm that the Fed believes it must begin to taper back its stimulus soon. At this point, the longer QE continues the greater the risk of asset bubbles forming, the bursting of which would destabilize the economy and make it even more difficult to exit. Economists and analysts have been concerned from the beginning about >>
To Taper or Not to Taper…That is the Question?
Don’t Worry So Much About The Record U.S. Government Debt
Public Financial Markets >
High Quality and Time-Horizon Arbitrage
William Smead We love to acknowledge financial journalists who really demonstrate an understanding of the underlying truths associated with high-quality and long-duration common stock investing. The latest on the subject of "high quality" came from a Marketwatch.com piece by Brett Arends called, "To beat the stock market, buy quality" on November 12th of 2013. The latest on >>
Investors Feast While Bears Get Cooked
Market Seasonality And The Fed Are A Powerful Combination
Dressed to the Nines with Gold
While paper gold is getting the cold shoulder in the West, the Love Trade buyers in the East are wrapping their arms around all the physical gold they can get their hands on. In the third quarter, gold jewelry demand was at the highest level since 2010. Buying out of love in the East was significantly higher during the first nine months of the year compared to demand the same time last >>
Big Ideas on Gold and Resources
Being Contrarian Could Lead to Lucrative Energy Plays
Global Business >
From the Taj Mahal to Westminster Abbey
Frank Holmes I recently returned from India, a nation where an incredible 600 million people are under the age of 25. That's nearly double the entire population of the U.S.! What's amazing about that figure is that, unlike the 1970s when India had no global footprint, today's generation is increasingly gaining access to the Internet. Social networking platforms are seeing an >>
Understanding the Rise of China
Nail Not in Emerging Market Coffin Yet
Property Investments >
Real Estate Mini-Bubble Deflating May Be Economy’s Next Problem
The housing and automobile industries are the main driving forces of the economy - in both directions. That makes sense since consumer spending accounts for 70% of the economy, and homes and cars are the biggest ticket items consumers spend money on. More importantly, unlike most purchases, it's not just spending the money they made last week, but through loans and mortgages it's >>
Fixing the Mortgage Mess
Will Speculators Rescue the Housing Market?
Make Your Donors Choose YOU as Their Favorite Nonprofit
Are your donors choosing your organization as their favorite nonprofit? Wish they would, don't you? I bet you are spending lots of time on planning those terrific solicitations to them. But I bet you are NOT spending enough time communicating with your donors in between your solicitations. Here's our huge problem: we are overemphasizing the Asking, and we are neglecting the >>