The announcement from Washington, D.C. that the joint Congressional “Super Committee” had failed to reach a budget-cutting deal had at least one positive side effect: there is a good chance that the income tax laws will not change for at least another year. This in itself may be beneficial to the economy...Read more →
Any fan of the novelist Tom Clancy is probably familiar with these words uttered by the wife of his chief protagonist, Jack Ryan. Ryan is constantly needling Dr. Caroline “Cathy” Ryan about her compulsive habit of making notes about everything as a method for reminder and also a simple record...Read more →
The $5,000,000 federal transfer tax giveaway will expire in less than 16 months. You may be tired of hearing it, but between now and January 1, 2013, taxpayers can move up to $5,000,000 in assets out of their estate gift tax free! And generation-skipping tax free! This means they can structure...Read more →
Few American publishers have had or will ever approach the influence of Henry Luce in his heyday. Through the middle half of the 20th century, Luce founded and successfully grew a family of magazines whose content was a major factor in shaping the thought and activity of American society. He named...Read more →
The business world abounds with stories of the entrepreneurs who managed success building an undercapitalized venture largely because they made little or nothing in the early years, choosing rather to channel revenues back into the growth of the business. But there are often unsung heroes in these...Read more →
There’s an old adage that “too many cooks spoil the broth”. But if you frequent fancy restaurants you know that many cooks are necessary, each in charge of his or her different station at which specific types of dishes are prepared. Most important is the “line cook” whose responsibility...Read more →
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