Commentary & Perspectives

Deflation vs. Inflation

With the U.S. economy emerging from the worst recession since the great depression, investors are facing the big question of deflation or inflation and how each will impact their portfolios. Both trends can be destructive to asset values and the economy. Presently, inflation is very low. However, longer term the concern is for potential higher inflation due to the massive government stimulus programs in place along with the Fed’s liquidity injections relative to America’s significant federal government deficit. Please remember inflation erodes the purchasing power of money while deflation is destructive to real asset values (real estate, general price levels, etc.). Learn More >>>

Repeal of Federal Estate Tax

In 2001 the Economic Growth and Tax Relief Reconciliation Act was passed by Congress and signed into law by President Bush. That Act contained various provisions regarding the federal transfer tax system (which includes estate, generation skipping transfers and estate taxes). Learn More >>>

Summary of Tax and Business Provisions of Health Care Law

President Obama signed into law the Patient Protection and Affordable Care Act (H.R. 3590) on March 23, 2010 and the Health Care and Education Affordability Reconciliation Act (H.R. 4872) on March 30, 2010. These laws have significant changes to the United States healthcare system. Embedded within these laws are various provisions that will affect personal income taxes and business owners. Learn More >>>