New Tax Law Business Entities

I had the great fortune to have attended a Jesuit high school and a Jesuit college. Central to that unique education was the belief that we should delay having an opinion about anything until we carefully study it and consider its issues, pray for understanding and...

New Tax Law Depreciation

Several months ago, I wrote an article describing hobby losses. Briefly, losses in a business or investment are generally deductible unless the IRS argues it was a hobby.  Whether we have a business or a hobby depends on whether we have a genuine intent to make a...

New Tax Law

As we all know, Congress just passed and President Trump just signed a massive new federal tax law. The law contains a number of provisions that will affect many if not most of us. Unfortunately, the press has decided to report on this new tax law from a political...

Health Insurance

Health Insurance Health insurance is costly and people without it are often forced into bankruptcy after a medical emergency.  If you are able to find an affordable health care plan with reasonable premiums and deductibles, consider enrolling.  If not, look into a...