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Articles tagged with: taxes

Columns and other comments, Features and such »

[19 Jun 2013 | 2 Comments | 5,654 views]
Happy 177th birthday, Arkansas

It’s hard to believe we let this one slip past our watchful eyes — Arkansas turned 177-years-old on June 15. It’s hard to believe — the old gal doesn’t look a day over 150.
Yes, Arkansas was admitted to the Union way on back in 1836. To commemorate the Natural State, it’s time for a few fun facts about our beloved Arkansas. Ready? Here we go.
* Politics have always been more than a bit divisive, combative and odd here in Arkansas and there’s good precedent for that — the Speaker of …

Business, News, Politics, Real Estate »

[13 Apr 2011 | 2 Comments | 6,199 views]
Another fight brewing over the mortgage interest deduction

Just a few months ago, an effort to significantly reduce the mortgage interest deduction failed.
National Commission on Fiscal Responsibility and Reform — a task force put together by President Barack Obama — put together a report in furtherance of its mission to save $4 trillion over the next decade. In addition to tax increases, spending cuts and elimination of a lot of tax breaks was a suggestion to scale back the mortgage interest deduction. One of the proposals in that plan was a measure turning the mortgage interest deduction into …

Arts & Entertainment, Old time radio (OTR), Weekend OTR »

[19 Mar 2011 | One Comment | 1,765 views]
Weekend OTR: Father Knows Best — Income Tax Mixup

It’s getting close to April 15 — the hated tax day.
The tax code simply gets more complex with each passing year and naturally irritates those with complicated tax issues all the more. So, why not fight off those tax blues with some lighthearted old time radio?
Yes, we’ve got a sparkling episode of Father Knows Best on tap to relieve some of that stress that comes with filling out annoying tax forms and trying to figure out ways to keep as much cash as possible in your bank account and away …

Business, News, Real Estate »

[8 Jan 2011 | 3 Comments | 1,929 views]
Landlords Association of Arkansas clears up confusion

Well, it seems that both the federal Patient Protection and Affordable Care Act (i.e., health care reform) and Small Business Jobs and Credit Act are causing some confusion.
One could dedicate a lifetime trying to clear up all the confusion created by those two massive acts, but we’re interested in just one issue today — 1099 reporting requirements as they pertain to landlords. A 1099 form, quite simply, is what the IRS requires businesses to file when they make payments to certain individuals for services totaling more than $600.
For a classic …

Business, News, Politics, Real Estate »

[4 Dec 2010 | 5 Comments | 3,969 views]
Mortgage interest deduction — safe for now

The National Commission on Fiscal Responsibility and Reform — a task force put together by President Barack Obama — on Friday decided against sending a national budget reduction plan to Congress.
The budget reduction report, which was to save $4 trillion over 10 years, would have been presented to Congress if 14 of the 18 members on the commission approved of it. The final vote — 11 for the plan and 7 against — was just enough to keep the report from being taken up by Congress for consideration. Click here …

Commentary, Politics »

[14 Jul 2010 | One Comment | 5,155 views]
A compelling argument for unions

Predictions are interesting things, indeed.
About a decade ago, an economist (no, I can’t remember his name) predicted that the unions were finished. His point was that unions had been too successful — most of the abuses they formed to combat had been legislated out of existence.
That’s not a bad point, really. The federal government has addressed such grievances as low wages, unsafe working conditions, ridiculously long work weeks, etc. However, one can’t help but wonder if that economist had foreseen one of the most powerful arguments the unions can make …