taxes

A recent Bloomberg Businessweek article, “Mr. Normal Meets Mrs. Merkel” got me thinking. Why are Americans screaming about their tax levels? We have among the lowest federal tax rates in the civilized world and certainly the lowest our country has experienced in the past several decades. In the...

Californicated? Visit with a few posts by Russ Winter and Mish Shedlock.  California and “Solving Problems” Courtesy of Russ Winter of Winter Watch at Wall Street Examiner American masters of the universe and their toadies give self serving lip service to covering some...

Is it deja vu and will 2012 be a repeat of 2010? It was less than two years ago when the United States Congress, faced with an election year and a pre-mandated reversion of the tax laws to those in place in 2001, “kicked the can” down the road and extended the Bush tax cuts to 2013....

As a wealth management consultant and professor for over a decade, it is that time again to file our taxes.  With tax filings, we must document our income, expenses, deductions, exemptions, retirement contributions and so forth.  Some of us must file our taxes for partnerships or corporations....

By Robert A. Green, CPA and founder of Green & Company Inc. (GreenTraderTax.com and GreenTraderFunds.com)< br/> Continuation of our blog series on problems with 1099s for 2011 taxes. Contrary to public perception, securities brokers' cost-basis reporting on 1099-Bs rarely matches...

By Robert A. Green, CPA and founder of Green & Company Inc. (GreenTraderTax.com and GreenTraderFunds.com) In addition to my Forbes blog "Beware Botched 1099-Bs, Form 8949 At Tax Time" and interview in the WSJ article “Dodging a 'Cost Basis' Crisis,” my partner Darren Neuschwander, CPA and I had...

By Robert A. Green, CPA and founder of Green & Company Inc. (GreenTraderTax.com and GreenTraderFunds.com) As the leading CPA firm for preparing income tax returns for active online traders, we are spotting significant discrepancies between 2011 Form 1099-Bs provided by securities brokers –...

No matter how you slice and dice it, it is difficult to swallow when you see Warren Buffett's or Mitt Romney's taxes. You may think, how did they get their tax rates down to 15%? The challenge for many of us is not the tax rates, but the totality of taxes or the level of income we receive. As I...

By Robert A. Green, CPA and founder of Green & Company Inc. (GreenTraderTax.com and GreenTraderFunds.com) Mitt Romney's tax returns have reignited discussion over the lower long-term capital gains tax rates. The Buffett Rule In his State of the Union speech, President Obama called for a new...

By Robert A. Green, CPA and founder of Green & Company Inc. (GreenTraderTax.com and GreenTraderFunds.com) Gov. Romney's tax returns are complex, but that is par for the course for someone who is compliant with overly detailed and onerous IRS rules, especially on all things foreign....