Hobby losses

I like to play golf. If I were a little younger it might be something that I would take seriously and make an effort at being really good at. There are a lot of tournaments for people who aren’t good enough to become professionals but who are good enough to be...

Property tax deduction

Folks, it’s hard to make taxes interesting and I sometimes struggle with finding tax topics that will have broad appeal to readers.  However, I think you’ll find today’s topic most interesting because the subject impacts the great majority of readers. I hope you will...

Misc

Estate Tax Last week we addressed the possible repeal of the federal estate tax.  Briefly, the federal tax law imposes a tax on our assets when we die. The tax exempts the first $10 million in assets. Thereafter everything is taxed at 40%. This law was not designed to...

Property tax deductions

Folks, I think today’s article is quite interesting.  One would normally think property tax deductions would be boring, but I am hopeful this article will peak your interest and comments.  Please read it to the end and maybe let me know what you think. Thanks! As we...