Estates Paying Taxes: Down. Estates Filing Returns: Up
In 2011, some 3,300 estates will owe federal estate taxes, according to the Tax Policy Center. That’s the fewest in 75 years.
Articles from Contributor
IRS Catches More Tax Cheaters — But They’re Already in Prison
Behind the Scenes, Apple Planned Jobs’ Succession By The Book
Succession planning is a mundane but necessary aspect of corporate life. When done well, transitions go smoothly. When neglected, the results can be disastrous.
Apple Was Never Straight About Steve Jobs’ Health
Steve Jobs was a modern-day Thomas Edison whose achievements, including the rescue of Apple from near oblivion, will be studied by historians for generations to come. But as the world mourns his untimely death Wednesday at the …
Is Warren Buffett Right About The Economy?
Warren Buffett told Fortune magazine’s Most Powerful Women Summit Tuesday that he hasn’t thrown in the towel on the U.S. economy, arguing that the U.S. will avoid a double-dip recession despite rumors to the contrary. Though some …
Why Americans Should Care About The EU’s Proposed Financial Services Tax
The European Union‘s proposed $78 billion a year financial transaction tax will take a bite out of the portfolios of American investors, according to the Financial Services Roundtable, a leading U.S. lobbying organization.
Matters of Taste Aside, ‘Jersey Shore’ Is a Bad Investment for New Jersey
New Jersey Gov. Chris Christie (R) and possible presidential candidate garnered headlines today for rescinding a $420,000 economic credit for MTV’s hit reality show “The Jersey Shore” because of the damage he feels it does …
Say It Ain’t So, Apple! Will the iPad Juggernaut Slow in 4th Quarter?
Apple is not immune to the worldwide economic slowdown. According to a note issued today by J.P. Morgan, “multiple supply chain vendors” have confirmed that the Cupertino, Calif.-based company has cut orders by 25% for iPad …
Market Tanks on Recession Fears (So What Else is New?)
When the Federal Reserve issues a statement warning about “significant downside risk” to the global economy, you don’t have to be Warren Buffett to guess what happens next – stock prices are going to take a dive.
And so they did. By the end of Wednesday trading, the Dow Jones industrial average had fallen 391.01 points, or …
Apotheker Out: Another Hewlett-Packard CEO Is Gone
Hewlett-Packard CEO Leo Apotheker may be ousted by the company’s board of directors after less than a year on the job and may be replaced – at least on an interim basis — by ex eBay CEO Meg Whitman, according to Bloomberg News
Google’s Charm Offensive
Google may have finally mastered the ways of Washington.
Chairman Eric Schmidt is due to testify today at a hearing before the U.S. Senate on whether the Mountain View., Calif.-based company is abusing its market dominance in …