December 2010

Click Here to read the Wall Street Journal article about a defendant at a criminal sentencing hearing.

"The trial judge immediately found the defendant guilty of contempt for “uttering a profanity at me in my presence, in my sight, and in a calculated way.” He handed down a one-year prison sentence for contempt,  on top

The biggest changes from the 2010 Tax Relief Act that became law on December 17, 2010 were outlined in last week’s column: extension of the Bush individual and capital gains tax cuts for two years, a one-year payroll tax cut, a top federal estate tax rate of 35% and a $5 million exemption for the

The new tax legislation passed by the House, December 15, and the Senate, December 16, (not to mention signed by the President) is referred to as a tax cut. That’s a misnomer. In fact, the legislation keeps taxes where they are. It prevents taxes from increasing. But a cut? No, not exactly.

Here are some