Archive for the ‘Blog Posts’ Category

Charitable Deductions and New Tax Law

Charitable Deductions and New Tax Law

By The Banker | Blog Posts, Inequality, Investing, Taxes, Texas

Happy Final Tax Filing Day everyone. How charitable do you feel right now? My accountant filed for an extension for me, so I’ll let you know in mid-October how I’m feeling, thanks for asking. Anyway, one of the potential big changes resulting from the 2017 Tax Reform is the treatment of household charitable contributions, starting […]

Pass-Through Entity Taxation And New Tax Law

Pass-Through Entity Taxation And New Tax Law

By The Banker | Blog Posts, Personal Finance, Taxes, Texas

Like baseball, young love, and hay-fever, we’ve entered the high season for taxes. New this year, however, we begin to react to changes in the tax reform law of December 2017. The point of that law was to make the world safe for businesses and their owners, who received healthy tax cuts. If you were […]

New Estate Tax Changes and Inequality

New Estate Tax Changes and Inequality

By The Banker | Blog Posts, Inequality, Taxes

2018 is shaping up as a great year to die. I don’t say that because of the recent appointment of war hawk John Bolton as National Security Advisor1, but rather because of recent changes to estate tax rules. Before now, the previous best year to die was 2010, when the estate tax took a gap […]

On Credit Card Addiction And Ignoring The Points!

On Credit Card Addiction And Ignoring The Points!

By The Banker | Blog Posts, How Not To Invest, Personal Finance, Texas

Congratulations, America, we did it! We finally broke the $1 trillion barrier for household credit card balances, according to a recent WalletHub Report. This is a somewhat less impressive than Roger Bannister’s breaking of the 4-minute mile barrier in 1954 (RIP Sir Roger, B. March1929 — D. March 2018), or Sir Edmund Hillary and Nepalese […]

A Spreadsheet Divided Them

A Spreadsheet Divided Them

By The Banker | Blog Posts, How Not To Invest, Personal Finance, Taxes, Texas

For Sonia, it felt like her husband Dave was having a separate relationship, one that didn’t include her. With whom, you may ask? With their household finance spreadsheet. She told me “I felt Dave was having an affair with his spreadsheets, like it was something secret that I couldn’t take part in.” She said she […]