Best advice? Don’t take advice from the wrong place (Robert D. Flach):
I have given it much thought and decided the best piece of tax advice I can give anyone is DO NOT ACCEPT TAX ADVICE FROM ANYONE OTHER THAN A PROFESSIONAL TAX PREPARER.I usually continue my answer by saying “don’t listen to your brother-in-law, your cousin Manny, your auto mechanic, your neighbor or co-workers, or a guy you ride to work with on the train”.But I also mean don’t listen to a broker, banker, insurance salesman, or other “financial professional”.
DOMA Ruled Unconstitutional (Again) in an Estate Tax Case (Jason Dinesen)
Kay Bell: Film tax incentives sometimes lead to extra state costs for criminal prosecution. Plus bonus history of drive-ins!
Paul Neiffer: Present is Better Than Future! Present interests in property for gift tax purposes, that is.
TaxDood: Another Former Madoff Employee Pleads Guilty. A Madoff employee cheating on taxes? Hard to believe, I know.