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Most successful individuals establish basic tenants for their lives, rules they use to hold themselves accountable for their own actions. Read More

The recent FIFA World Cup soccer competition kept many of us glued to the television. Read More

PepsiCo CEO Indra K. Nooyi has stated you cannot have it all. That is a classic BFO — a blinding flash of the obvious. Read More

As the material participation debate continues to ripen, taxpayers and tax professionals are provided with the sweet taste of clarity surrounding the question of whether a trust may materially participate in a trade or business. Read More

At Kentwood’s Meadowlawn Elementary School in the 1960s, my friends and I would boast about things we thought made us "better" than each other. Read More

Why is it that people think starting over means repeating everything they originally did while expecting different results than those initiating the “re-do”? Read More

The Internal Revenue Service just released its statistics on income data for the 2011 individual tax filing season. Read More

With all the talk about political correctness and prejudice, I think there is a major issue that is not being discussed: When you have a pre-conceived idea of what a person is going to be like before you meet them, you may miss an opportunity to learn something from them. Read More

Employee Stock Ownership Plans, or ESOPs, have been used as succession planning tools for family-owned businesses for 40 years. Read More

No one likes to see an obnoxious lawyer on the other side of a courtroom. Read More