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The Bottom Line Blog

Overachiever

Summary: Philip Pesin earned a degree in finance from the University of Arizona and law degrees from Georgetown and the University of San Diego, but

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Work on This

Summary: The fattest fat cats aren’t just lighting cigars with $100 bills — they’re lighting up with tax-free Benjamins. Peter McGuire and the other founders of the

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Big Yellow Taxi

Summary: Thanks to clever tax planning, big-box stores have started raiding local budgets. It’s called the “dark store” method. So come with us now to

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Olympic Gold

Summary: The much-anticipated 2020 Tokyo Olympics have come and gone. In the end, Team USA brought home the most medals with 113. So, what do the sports

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Infrastructure Week

Summary: Congress just passed a pass a trillion-dollar infrastructure package with a remarkably bipartisan 69 votes. Everyone wants roads, bridges, railroads, and ports, the problem

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Help Wanted

Summary: McCormick & Company — makers of Cholula, French’s, Lawry’s, Old Bay, and Zatarain’s — announced they’re hiring for the coolest job ever: Director of

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Overstuffed

Summary: In contrast to traditional IRAs, which let you deduct your contributions and defer tax until you pull money out, the Roth IRA lets you

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Where Angels Fear to Tread

Summary: Law professor Daniel Hemel writes that “if the facts alleged in yesterday’s indictment are true, the Trump Organization and its longtime chief financial officer,

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Pure Imagination

Summary: Willie Wonka and the Chocolate Factory features Gene Wilder as the genius confectioner. Sadly, Wonka’s genius doesn’t translate to tax planning. If Wonka gives the factory to

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Liquid Assets

Summary: The U.S. Superyacht Association says that a 180-foot yacht costs about $4.75 million/year to operate, including $1.4 million for crew salaries, $1 million for

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