Monday, July 27, 2015
WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’ – SPECIAL MONDAY EDITION
* Jason continued his class on “Marriage in the Tax Code” at DINESEN TAX TIMES with “Part 12:Meet the Marriage Penalty” and “Part 13: Examples of the Marriage Penalty in the Early 1970s”.
* And Jason asked the question “Who Claims the Kids When a Single Parent Dies Mid-Year?” in “Part1” and provided the answer in “Part 2”.
* Professor Jim Maule reminded us to “Be Careful With Divorce Tax Planning” at MAULED AGAIN.
Regardless of how good your divorce lawyer is, it is very, very important to have a potential divorce agreement reviewed by a tax professional before signing anything.
As I said in a guest post at FORBES – “while you would certainly want Arnie Becker as your divorce attorney, you should have the divorce agreement reviewed and approved by Stuart Markowitz before signing it.”
The cultural reference shows my age. A more current reference would replace Arnie Becker with David Lee and Stuart Markowitz with Will Gardner.
* Another reminder was given by Russ Fox at TAXABLE TALK – “Yes, Illegal Income Is Taxable”.
THE FINAL WORD –
Perhaps the most disturbing development in American politics in my lifetime (and I am 61) is the fact that self-absorbed boob Donald Trump is taken seriously as a Presidential candidate. His past flirtations with Presidential politics have always rightfully been treated as the joke that it was., and is.