Archives for November 2015

A federal jury trial awarded $21.5 million in damages to a Springfield, Illinois man who was injured by an automatic sliding-glass door on a Holland America Line cruise ship dating back to 2011. The personal injury damages awarded by the jury were $5M, which are tax free.  The punitive damages were $16.5M which means a […]

When a craft brewery sells for $1 billion dollars, then you realize that it’s no longer a tiny niche business. Craft beer accounted for 11% of U.S. beer sales in 2014 and market share is rapidly increasing in 2015. Just this week, the owner of Corona and Modelo, Constellation Brands, purchased Ballast Point for roughly […]

While most people are familiar with tax benefits other types of investments, often times, they are less familiar when it comes to the tax benefits of health savings accounts. There are three such benefits that you should know about and take advantage of. Perhaps the largest tax benefit is that the money that goes into […]

Besides being healthier for the environment, purchasing an electric car can be healthy for your tax return. However, there are a few requirements that go hand-in-hand with the purchase of an electric car that one needs to understand to reap the full benefit from the tax credit. Put simply, the current tax credit for purchasing […]