Tag: Current Affairs

Treasury Ruling: Same Sex Marriage Recognized for All Federal Tax Purposes

Last Thursday, August 29, 2013, the Treasury Department issued Revenue Ruling 2013-17 which provides that for all federal tax purposes, the terms “spouse,” “husband and wife,” “husband,” and “wife” include an individual married to a person of the same sex if the individuals are lawfully married in a state (or foreign country) whose laws authorize… Read More

Princeton University’s Tax-Exempt Status is Challenged

A group of Princeton University’s neighbors think it should lose its tax exempt status under New Jersey law. In the law suit, Plaintiffs argue that Princeton University violates the provisions of its tax-exempt status because it is earning hundreds of millions of dollars in patent royalty income and is distributing some of that money to… Read More

The Dirty Dozen for 2013 – Part 1

On March 26 the IRS released its annual list of the worst 12 tax scams for the year. The IRS cautions taxpayers not to fall for any of these scams – often these scams are at their peak during the filing season as people prepare their tax returns. This week’s column presents one-half of the… Read More

Mickey Rooney Testifies about Elder Abuse

“Always get married in the morning. That way if it doesn’t work out, you haven’t wasted the whole day.” – -Mickey Rooney Beloved actor and entertainer Mickey Rooney is 90 years old. His film, television, and stage appearances span nearly his entire lifetime. As a teenager he was a superstar in the Andy Hardy films.… Read More

Washington State Settles ‘Trust Mill’ Case

From www.consumeraffairs.com The office of Washington State Attorney General Rob McKenna reached a settlement with an Arizona company accused of violating a three-year-old state law intended to crack down on ‘trust mill’ schemes. Under the agreement, The Preservation Group and its founders will offer refunds to more than 60 Washington seniors who purchased living trusts.… Read More

Black Eye for Dauphin County

County makes Mistake in Child Support Case but Man still Pays In 2001, Walter Andre Sharpe Jr. received a certified letter from Dauphin County Domestic Relations about unpaid child support payments. The letter claimed he had not paid support for an 11-year-old daughter he had in Harrisburg, PA. Sharpe ignored the letter because he knew… Read More

Safe Deposit Boxes – How safe are they?

 A safe deposit box is a metal box, usually housed in a private area in a bank. There are two locks on each box. When you rent a safe deposit box, you receive one or two keys to one of the locks The bank keeps the key to the second. The keys to both locks are… Read More