Tag Archives: Wall Street Journal

Feds Rethink Rules on Retirement Savings

WSJ Tax article —————————————————————— Feds Rethink Rules on Retirement Savings NOVEMBER 19, 2008 By TOM HERMAN Amid growing concern over the stock market’s severe drop, government officials are considering last-minute relief from rules requiring millions of Americans who are 70½ … Continue reading

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Fund Investors Face Risk of Tax Hit Despite Losses

WSJ Tax article —————————————————————— Fund Investors Face Risk of Tax Hit Despite Losses Many Managers Are Planning Capital-Gains Distributions Before the End of This Year OCTOBER 22, 2008 By TOM HERMAN For most mutual-fund investors, it’s been an abysmal year. … Continue reading

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America’s most respected economic leader weighs In

One of my biggest fears about this financial crisis, is that our form of a capitalist system will be seen as having failed and thereby opening the door for an even more socialized economic framework. One of America’s real economic … Continue reading

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Individual Taxes Under McCain or Obama — P1

While the chart [below] of their plans appear mostly similar, they differ in the following ways: Sen. McCain wants to permanently extend the current federal income-tax rates. Sen. Obama would increase the top ordinary income-tax rate, now 35%, to 39.6% … Continue reading

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Think you’re a trader? IRS may disagree

WSJ Tax article —————————————————————— Think You’re A Trader? IRS May Disagree SEPTEMBER 3, 2008 By TOM HERMAN Even if you make hundreds of stock-market trades a year, that doesn’t automatically make you a trader — at least in the eyes … Continue reading

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How AMT confuses taxpayers

WSJ Tax article —————————————————————— How AMT Confuses Taxpayers AUGUST 13, 2008 By TOM HERMAN If you’re confused by the alternative minimum tax, you have lots of company. A new Treasury Department report says about 226,000 federal income-tax returns filed in … Continue reading

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House-hoppers may suffer

WSJ Tax article —————————————————————— House-Hoppers May Suffer Under New Tax Rules Housing Package Makes It Harder To Exclude Gains AUGUST 6, 2008 By TOM HERMAN Life is getting tougher for some people who own more than one home. Part of … Continue reading

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