Special Dividends Reveal Companies’ Reactions To Tax Increase

Tax (1)

   For those who think that the threat of increased regulation or taxation does not result in reactions by the private sector are proven to be wrong, as the number of publicly traded companies issuing or expediting dividend payments in the last quarter of 2012 to evade possible higher rates is ample proof. If the Obama Administration and Congress will not take preventative action in 2013, the top effective tax rates for dividends will … [Read more...]

Obama Or Romney: Dodd-Frank Is Here To Stay….But Attitude Will Change

Obama vs. Romney_Dodd-Frank

The pending presidential election has led to a lot of speculation about the future of securities regulation.   But whether President Barack Obama is re-elected or if Mitt Romney wins the White House, Dodd-Frank is here to stay. In the event that President Barack Obama gets a second term, the Dodd Frank reform measure will most likely continue on its slow track of implementation; albeit the financial industry will continue to push back … [Read more...]

Bailout Tax Credit? Some Taxpayers Might Have To Give It Back!

Millions of Americans are just about to enjoy their small break from President Barack Obama's "Making Work Pay" tax credit.  However, they are in for an unpleasant surprise next spring.  The government is going to want some of that money back and IRS didn't tell anyone about it. The "Making Work Pay" provision of the recently enacted bailout plan will provide a refundable tax credit.   The credit pays workers 6.2 percent of their earned … [Read more...]