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About stevesharp

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So far stevesharp has created 28 blog entries.

When a Heart Breaks…

By |2016-08-19T09:00:23+00:00August 19, 2016|Uncategorized|

When a Heart Breaks...   In mid-July, I traveled to Austin to be with my daughter, Allison, as she underwent a procedure to stop her arrhythmia. This was the second go-round for her, but a completely different type of arrhythmia. Who knew there would be so many?! Or that many people suffer from these types of erratic hearts? Imagine living with this: "the heart rate is at least 100 beats per minute, but in some people can become substantially faster than 200 beats per minute. SVT [...]

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Like This!

By |2016-08-09T09:00:06+00:00August 9, 2016|Tax Planning|

Like This!   If you're like most Facebook users, you get plenty of friend requests from people who aren't really friends. Co-workers you never respected from your last job; classmates you never really liked 30 years ago; annoying blowhards you meet at your in-laws' anniversary party. If you're lucky, you can just ignore those requests and hope they go away. But sometimes a request is harder to ignore. That includes the friend request the IRS just sent to Facebook itself, in the form of a Statutory [...]

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Translating Financial Headlines & Do the Rich Pay Their Fair Share?

By |2016-07-13T09:00:13+00:00July 13, 2016|Income Taxes|

Translating Financial Headlines & Do the Rich Pay Their Fair Share?   Tooty, the bumbling cop on Car 54 Where Are You (played by comedian Joe E Ross) famously used to start off an excited phrase with his famous "Ooo, Ooo...!" I'm almost tempted to do the same thing when I come across one of "those" headlines -- you know the ones -- with Ooo, Ooo, the sky is falling!! Harry Truman famously looked for a one handed economist because all the economic forecasts he received [...]

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Harry Potter and the Deathly Tax Bill

By |2016-07-06T09:00:19+00:00July 6, 2016|Tax IRS|

Harry Potter and the Deathly Tax Bill   Harry Potter's sidekick Ron Weasley has challenged opponents from a mountain troll to the Horcruxes to the Death Eaters. Now the actor who plays him, 27-year-old Rupert Grint, is taking on a foe as powerful as Voldemort himself. Last month, he challenged a squad of dementors taking on the deceptively ordinary appearance of bureaucrats at Her Majesty's Revenue and Customs, Great Britain's equivalent of our IRS. Grint has conjured up a fortune since being plucked from his local [...]

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Take This Tax and Shove It!

By |2016-06-24T09:00:41+00:00June 24, 2016|Tax IRS, Uncategorized|

Take This Tax and Shove It!   Do you know what happens when you play country music backwards? (Read to the end to get the answer.) Country music has a long history of celebrating outlaw behavior, which naturally extends to celebrating "outlaw" performers. Plenty of fans have heard the album Johnny Cash recorded of his first prison concert at California's San Quentin penitentiary. But Cash's fellow country icon Merle Haggard, who recently passed away at age 80, was there to hear the concert live — because [...]

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BREXIT is not a Cracker

By |2016-06-24T09:00:29+00:00June 24, 2016|Tax Laws|

BREXIT is not a Cracker   So now doubt you've heard the term "Brexit" in the past few days. You'll hear a lot more about it today and over the weekend. The United Kingdom did what it probably should have done a long time ago: established its independence from the rest the continent. I'm glad they finally learned something from their former colonies in America. So why are markets down today? In a word, UNCERTAINTY. The status quo has changed. Contracts will need to be rewritten. [...]

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Don’t Get ‘All Shook Up’!

By |2016-06-13T09:00:46+00:00June 13, 2016|Tax IRS, Uncategorized|

Don't Get 'All Shoot Up'!   Philadelphia's incoming mayor Jim Kenney is the latest local official to propose quenching his city's fiscal thirst with a new tax. His inaugural budget would impose a three cents per ounce tax on soda, juices, iced tea, and other sugary drinks. The mayor claims the measure would raise $400 million over the next five years. The issue has even bubbled up into the presidential race — Hillary Clinton supports the tax, while her challenger Bernie Sanders condemns it as disproportionately [...]

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Congress Took a ‘Meat Cleaver’ to Social Security Claiming Rules

By |2016-06-02T09:00:24+00:00June 2, 2016|Social Security|

Congress Took a ‘Meat Cleaver’ to Social Security Claiming Rules   Back in December 2015, Congress decided to significantly alter our options for claiming Social Security. Once again, a barrel of monkeys might have done a better job and preserved what all of us have paid into. But I don't think they were remotely interested in that. Professor Laurence Kotlikoff is probably one of the foremost experts on the Social Security benefit system. I thought you might find this interview interesting. Kotlikoff: Congress Took a ‘Meat [...]

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