Category Archive: Finance

Jeb Bush’s Supercharged Retirement Plan

Last week, presidential candidate Jeb Bush released his income tax returns for the last thirty-three years. News outlets sliced and diced the returns to analyze his income, his tax payments, and the significant wealth he ...

Texas Comptroller: It’s good to do business in Texas. It’s not so good to be poor in Texas.

The Texas Comptroller just released a “50-State Scorecard” that compiled from many different sources a list of 26 different measures involving business climate, tax burdens, entrepreneurial activity, unemployment, population characteristics and more. You can find ...

CONGRESS PASSES EXTENDERS PACKAGE

On December 16, the Senate approved HR 5771 – the Tax Increase Prevention Act of 2014 (“TIPA”).  President Obama has indicated that he will sign TIPA as soon as the bill hits his desk.  TIPA ...

IRS ANNOUNCES 2015 RETIREMENT PLAN LIMITS Oct 24

The Internal Revenue Service announced yesterday contribution limitations for 2015 – some higher – for retirement plans and other updated information related to retirement planning.  Key items include the following: The elective deferral (contribution) limit ...

OH, COME ON, MR. PRESIDENT

Today’s Accounting Today has an article entitled “Obama Blames Accountants for Inversion Trend.” During a press conference yesterday, President Obama said the following: “You have accountants going to some big corporations – multinational corporations but ...