Jeff: Yes. It's easier to do it in the hedge fund example. So the hedge fund manager gets a bunch of people together and they put their money into this hedge fund. And the guy says okay, I'm going to get compensated based on however much the performance of the hedge fund does. So the hedge fund makes $100 million, the guy gets $15 million. And everybody's happy because he made $100 million; maybe he started off with $50 million. So, the hedge fund guy gets $15 million as capital gains. Well this law is going to change that so that he is going to have much of that be ordinary income, so he's going to be taxed at the highest rate. [...more]
Deadlines. Tomorrow is a big one. Tomorrow is the deadline for calendar year corporations to file their extensions or their return. I have to mention also that it’s not just an ordinary deadline for tomorrow. It’s very important when your business is doing badly, to file your extension timely because of a special rule that we have this year. [...more]
We’ve got so much to cover and I’m so thankful that I’ve got Jeff Pickering CPA. He has a Master’s in Taxation. You will want to call in and ask your questions to Jeff and then, there’s also Rex Hogue, an Attorney with Bolinger and Hogue in the North Texas area. [...more]
Tax talk on KLIF with Jeff Pickering CPA and Rex Hogue Estate Tax Attorney on the 6 bullets your simple Wil can't dodge. [...more]
Learn how to give retroactivly. [...more]
I just wanted to tell the world about this new opportunity to do marketing for my clients as the host of Tax Talk on Radioactive Talk Radio KLIF. That is AM 570 and we will be on Sunday at Noon – 1pm. Jeff Pickering CPA has a Masters in Taxation. We will be taking calls [...] [...more]
