Richard Streitfeld – Buddhist Mensch

Withholding 101

I have a prosperous and intelligent — let’s say attorney — as a client. “Shirley” was experiencing some cash flow issues last summer so I took a look at her year to date income and withholdings and projected what her tax return would look like come April. The news was good —she had already met
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Richard Streitfeld – Buddhist Mensch

Dumping on the IRS

“Why can’t I get through to the IRS?” Abandoned in Indiana  Try working for this company: Your budget has been sliced and diced, your workforce is 17% smaller than five years ago  and your computers are vintage 1985. Meanwhile the company is expanding sales at a rapid rate, and your newest products are more complicated than ever. That’s
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Richard Streitfeld – Buddhist Mensch

You are Not A-Loan
DEBT, Debt, debt, DONE!
(as in Beethoven’s Fifth)

You know the story. Student loan debt, well over 1 trillion dollars, exceeds credit card debt and is crippling graduates — and in turn, the whole economy. I had a pediatrician in my office who was making well over six figures, owes $300,000 on her student debt and yet Sarah cannot deduct a dime of
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Richard Streitfeld – Buddhist Mensch

Spousal Protection Programs!

Q: Despite our pre-nups, the IRS took our joint refund because of Kitty’s pre-marriage debts.  Am I an “injured spouse” or an “innocent spouse”? The monarchy is dying and I am royally flushed. -Prince Billy A: Billy, there is hope for you and the royals after all, if you are filing a Yankee tax return.
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