Could a National Sales Tax Replace Federal Income Tax?
201504.10
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Could a National Sales Tax Replace Federal Income Tax?

Lawmakers and state officials have proposed a fundamental tax reform that would replace federal income tax with national retail sales tax. Instead of imposing the highest amounts of taxes on taxpayers’ earnings, the national sales tax would focus more on what consumers spend. The government would levy a flat rate tax on retail sales that…

Joe Garza Hosts Private Campden Roundtable
201503.20
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Joe Garza Hosts Private Campden Roundtable

Campden Wealth, a company serving family businesses through events and publications such as Campden FO and Campden FB recently invited Attorney Joe Garza to host a roundtable discussion about estate planning in New York. The roundtable, titled “Hold or Sell: Preparing the Family & Business for Future Liquidity Events or Multigenerational Transfer,” was held at…

$15.5 million Lost To Fraudulent IRS Impersonators In Nationwide Scam
201503.13
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$15.5 million Lost To Fraudulent IRS Impersonators In Nationwide Scam

Tax officials and lawmakers have estimated that more than 366,000 Americans nationwide have been targeted by identity theft tax fraud this tax season. Congressional hearings were recently held to find solutions to the increasing tax fraud and tax scams that have gripped the nation. Fraud investigators report that the unidentified scam artists steal refunds and…

5 Things You Should Know About Obama’s Proposed Death Tax
201502.18
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5 Things You Should Know About Obama’s Proposed Death Tax

Earlier this month, President Obama unveiled his proposed budget for 2016. Just shy of $4 trillion, the budget includes new tax legislation that would raise the funds needed for an 11% spending increase. Past of this tax legislation is an additional estate tax that has received harsh criticism from the President’s opponents. Here are five…

Prepping Your Investment Portfolio for 2015
201501.21
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Prepping Your Investment Portfolio for 2015

With 2014 fully in the rear view mirror, it is time to look up the road and focus on the investing challenges ahead in 2015. Last year saw the last vestiges of the Great Recession and credit crisis; the Dow-Jones reach new heights while interest rates remained low. Volatile at times, 2014 will go down…

Major Tax Changes of 2014
201412.19
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Major Tax Changes of 2014

With 2014 winding down, businesses and individuals are shifting their thoughts and efforts from operational efforts to taxes. This past year has seen the implementation of some significant changes in the tax code. This shift has caused most taxpayers to rethink their tax strategy. Here are some of the notable tax changes of 2014: The…

Are Education Tax Credits Making College More Affordable?
201411.07
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Are Education Tax Credits Making College More Affordable?

The income gap between college graduates and individuals without a college education has never been wider. According to one estimate, A college educated person stands to earn $570,000 more throughout their lifetime than an individual with only a high school diploma. The Bureau of Labor Statistics recently reported that the unemployment rate for 25-year-olds without a degree…

U.S. Cracks Down on Tax Inversions
201410.08
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U.S. Cracks Down on Tax Inversions

The US government has begun cracking down on American companies relocating overseas for tax purposes in a move known as corporate tax inversion. The most recent high profile case of tax inversion is that of US fast food giant Burger King buying Canadian donut company Tim Horton’s. Burger King plans to relocate all of its head office divisions,…

Tax Incentives Help Texas Lead U.S. Economy
201406.03
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Tax Incentives Help Texas Lead U.S. Economy

Texas’ lack of personal income tax has long been a major draw for residents. As one of only seven states without a personal income tax, it truly outshines states like California, which has a staggering income tax burden. Plus, with 52 Fortune 500 companies in the state, and 12.9 million people comprising its labor force,…

Tiger 21 Members Share Wealth Management Expertise
201402.06
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Tiger 21 Members Share Wealth Management Expertise

When times are uncertain, people look to trusted experts for direction and insight. If any single group holds the reputation for having the most wealth management expertise, it is Tiger 21. An exclusive club for the wealthiest investors in North America, Tiger 21 was created so that these high net worth individuals could offer each…