Oy. Today Madoff's former lover thought she'd make back some of her life savings which she lost to Madoff by publishing a tell-all book about her affair with the swindler. Here is an ...
Fifteen states will hold sales tax holidays this year, says the Tax Foundation. While retail sales do go up during the holiday, the Tax Foundation says that retail sales for the year do not. Consumers don't spend more; they just time their...
Government officials and investors of all kinds over different epochs have hated short sellers. Peter Lynch, the great Fido fund manager, likened it to "borrowing with criminal intent." Napoleon called citizens who were shorting French government...
Bet you didn’t know that there is a provision in the tax code that allows Ponzi victims to deduct (called the theft loss deduction) 95 percent of their net investment losses the year the theft is discovered. See AccountingWeb.com.