Too Far, Too Fast? A prediction: With stocks up nicely year-to-date, we’ll soon see myriad headlines warning us stocks have come too far, too fast, and we should “lock in our gains,” take our bat and ball and go home.
State Court Can Order Custodial Parent To Release Exemption Dependency exemptions seem to take on a role in divorce negotiations that is out of proportion to their economic significance. Given the time that sometimes goes in to negotiating them, it is amazing how often the details get blown. If the custodial parent does not provide the non-custodial parent with Form 8332 or its equivalent, the non-custodial parent is not entitled to the dependency exemption, regardless of what the probate court says. This rule has produced quite a few frustrating Tax Court decisions. A recent Massachusetts appeals decision in the case of Phall Iv and Samath Hang was an attempt to blow these Tax Court decisions back into probate court. The appeal failed, but it illustrates one more instance of needless litigation resulting from inattention to detail.
Why You Can't Be Your Own Financial Advisor We all like to think we’re smart and self-sufficient. A lot of folks believe they can manage their financial lives by themselves. These do-it-yourselfers are woefully wrong.
Job Hunters: Here's How You Can Stand Out From The Pack Though the economy is beginning to improve, many employers are overloaded with job applicants and extremely choosy about who they’ll hire. So if you want to land a position, you’ve got to find a way to stand out from the pack.