Roth IRA Conversion for the Business Owner

We have all heard about the change in the tax law for 2010 that now allows individuals with annual income levels above $100,000 to do a Roth IRA conversion. ... read more >

UK Raises VAT and CAP Gains Rates to Lower Country's Budget Deficit

The UK Chancellor of the Exchequer, George Osborn, presented the government’s budget on June 22, calling for a 77% cut in public expenditures along with 23% increases in various taxes in an attempt to lower the budget deficit from 10.1% of GDP to just 1.1% of GDP by 2015/16.... read more >

Gas Prices Potentially Impacted by Gulf Oil Spill and President Obama's Proposed Solutions

President Obama announced his three-part solution to the ongoing Gulf Coast oil spill as follows: Stopping all oil drilling in the Gulf of Mexico until ... read more >

Pennsylvania Governor Announces Tough Measures For Tax Delinquents

Pennsylvania Governor Ed Rendell in a recent press conference touting the “overwhelming success” of the Pennsylvania tax amnesty program announced ... read more >

Florida Enacts Amnesty Program

Florida Governor, Charlie Crist recently signed Bill 5801 establishing an amnesty program for the period of July 1 through September 30, 2010. The amnesty ... read more >

Sarbanes-Oxley 404(b) Exemption Approved by Conference Committee

The congressional conference committee reconciling the House and Senate versions of the federal financial reform bill agreed to include an exemption on ... read more >

Update on Tax Extenders Bill in Senate

Late last week, the Senate failed to advance a package of tax law changes and unemployment benefits that included extensions of tax breaks and the closing of foreign tax credit loopholes.... read more >

Swiss Parliament Clears Way for UBS to Release Names of UBS Offshore Clients to IRS

Tax

By Ron Kramer

On June 17, 2010, the Swiss parliament approved a law that will allow the Swiss government to turn over the names of possible U.S. tax evaders to the Internal ... read more >

Tanning Beds and Donut Holes...These Are A Few of My Favorite Things

Tax

By Ron Kramer

The passage of the new health care legislation was not one of my favorite things. So imagine my rage when I discovered that the legislation was about to ... read more >