Exchanges, Halbig and Unintended Consequences

Exchanges, Halbig and Unintended Consequences
When I was young, my brother and I would hide our Battle Beasts, prepped to ambush whatever unwitting toy came by. Sometimes we would hide them a bit too well, never to find them again. We were always devastated by the loss. “We didn’t mean to lose them,” we’d think. “And we certainly won’t lose them ...

Possible Changes to Education Expense Tax Credit

Possible Changes to Education Expense Tax Credit
As of right now, the tax treatment of education expenses is a bit of a mess. We currently have two education expense tax credits, the Hope Scholarship Credit and the Lifetime Learning Credit. Add in the recently expired American Opportunity Credit and the expired deduction for qualified tuition expenses, and it’s just a mess how ...

Are Tax Breaks Worth It?

Are Tax Breaks Worth It?
The Wall Street Journal pointed out this week that many companies are passing up tax breaks. The IRS estimates that only 20,000 corporate tax returns claimed any incentive, out of the 1.78 million corporate returns filed. For the amount of time that I’ve heard complaints about corporations zipping through loopholes and not paying their fair ...

We’ll Find Out What’s In It…I Think

We'll Find Out What's In It...I Think
The Patient Protection and Affordable Care Act, better known as Obamacare, just can’t stay out of the news. Obviously the biggest update is the Supreme Court’s decision to review the law, though I have a feeling that even if they rule 9-0 in favor of the thing it’s just going to keep on coming up ...