Finding A Tax Break In A Failed Like-kind Exchange

1031 exchanges can prove very useful. Every day, real estate investors exchange out of investment or business properties for like-kind properties while deferring capital gains all thanks to Internal Revenue Code Section 1031. The exchanger, of course, is restricted from immediately getting the sale proceeds; they go into an escrow fund maintained by a qualified … Read more

Investors Optimistic About Asian Equity

More than 2,000 investors and 270 corporations voted on their expectations for Asian equities in 2011 at the 14th Asian Investment Conference held by the Switzerland-based multinational financial service company Credit Suisse last week. After defining opportunities and possible risks in different regions, most of them are bullish and expect the market to have a … Read more

How to Recoup Erroneous IRS Bank Fees

Article by Roni Deutch The Internal Revenue Service (IRS) has implemented procedures for taxpayers to request a reimbursement of the fees charged by a bank against a taxpayer for processing a bank levy when the bank levy was issued erroneously by the IRS. Reimbursements are limited to $ 1,000.00 and must be claimed within one … Read more

How to Become a Paralegal Without Going to School (And Why it May Be a Better Option)

A common misconception is that formal training is required to become a paralegal.  Large law firms often prefer that paralegals are certified, but it is not a law that paralegals have a formal education. National and international firms like to maintain an authoritative image to their clients and do so by hiring ivy league attorneys … Read more

BRITISH HISTORICAL BLUNDERS: EMERGING FAILED STATES

    BY SUNDAY ADOLE JONAH, DEPARTMENT OF PHYSICS, FEDERAL UNIVERSITY OF TECHNOLOGY, MINNA, NIGERIA (A reflection on the Nigerian state @ 50)   Sovereign nations today would do well to reflect for a moment or so whether pre-nationhood contact with more influential foreign powers or “guests” was beneficial or damaging in the long run. … Read more