Blog

  • In Health Law, Rx for Trouble – WSJ.com

    Link: In Health Law, Rx for Trouble – WSJ.com The key to this article is that it’s talking about unintended consequences – some of them driving costs rather than down – exactly the opposite of the stated intentions – from last year’s healthcare legislation.  We’ve talked about the (likely to be repealed before it goes Read more

  • FPA Applauds Action to Repeal Expanded 1099 Requirements

    Link: FPA Applauds Action to Repeal Expanded 1099 Requirements Needless to say, Meyers Wealth Management believes strongly that these expanded 1099 requirements should be repealed.  See our article in the News and Notes section on our site for more information:  <https://meyersmoney.com/news_and_notes/1099s-and-you-and-the-new-h.html&gt; Read more

  • Health Insurance deduction for the self-employed for 2010

    Link: Health Insurance deduction for the self-employed for 2010 As in previous years, the self-employed may deduct their health insurance from their regular income taxes (this is on the 1040, line 29).  Unlike previous years, however, those premiums may also be deducted from the income which is used to calculate the self-employment taxes (Schedule SE).  Read more

  • Who can I declare as a "dependent" on my 2010 taxes?

    Link: Who can I declare as a “dependent” on my 2010 taxes? The place to figure this out is the IRS Publication 17, Chapter 3. In brief, for someone to be a dependent, they need to either be a qualifying child or a qualifying relative.  These two categories have different specific requirements.  Read all about Read more

  • Vallejo, California Drafts Bankruptcy Exit – WSJ.com

    Link: Vallejo, California Drafts Bankruptcy Exit – WSJ.com This is a very important development.  There’s been some talk lately about possibly allowing states to go bankrupt, but the implications of that are far from clear.  We won’t know how bondholders, for example, end up getting treated on the municipal level in this particular case for Read more

  • The Paradox of Corporate Taxes in America – NYTimes.com

    Link: The Paradox of Corporate Taxes in America – NYTimes.com It’s worth remembering that corporations don’t pay taxes.  Their customers and their owners do and make no mistake that their owners do everything the can to make sure it’s the customers who pay.  In fact, the managers who run the companies on behalf of the Read more