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Colorado, Washington Go Pro-Marijuana, Set Up Pot Fight with Feds

The war on drugs suffered a frontline defeat on Tuesday as two states, Colorado and Washington, became the first ones to legalize marijuana use. In as a stunning rejection of the status quo, voters in...

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10 Tax Tips to Consider Before 2013

The new year is right around the corner. And shortly after that is the stressful time of year when taxes are due. Although taxes are always high – unreasonably high by some people’s standards – they’re...

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Something in Common: Wage Earners, Millionaires Cheat on Taxes

While Tax Day — April 15 — is still some months away, now is the time when people begin thinking about how and when they are going to file and how much they are going to give to, or get back, from the...

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10 Smart Ways to Spend Your Tax Refund

The April 15 deadline for filing your taxes is fast approaching. While most people could do without the paperwork, nearly half of taxpayers have a refund to look forward to. There’s no “best” way to...

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Income Taxes Push Athletes Out of California, Toward Florida

Phil Mickelson. Tiger Woods. Kobe Bryant. What do these three have in common? Well, they’ve all lived in California, all make millions of dollars a year, and should have no financial worries, right?...

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Last-Minute Tax Filing Tips for 2013

So you have your W-2s and paperwork in a stack ready to go, waiting in your desk drawer. Guess what? It’s time to get those out. No more procrastinating. First, recognize that you’re not alone: 20 to...

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Tax Day is Here – and So are the Tax Evaders and Avoiders

Tax Day is upon us once again. This year, the Internal Revenue Service (IRS) expects to receive 250 million tax returns and $2 trillion in revenue. And regardless of all the weeping and wailing that...

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Does the U.S. Tax Code Encourage ‘Tax Avoidance’?

April 15 has passed and you know what that means:  Somewhere around 140 million taxpayers are hoping they don’t get audited. Not because they cheated, but because they have no idea if they cheated. The...

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