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By Ken Bloom, J.D., LLM The tax burden of business owners are significantly different (and usually much more) than employees. For example, business owners must match social security and Medicare contributions paid by employees. Depending on the number of employees in a business and the amount of the payroll, the matching obligation can “cost” the […]

By Ken Bloom, J.D., LLM Bloom Asset Management Fall is a perfect time to begin tax planning for 2014, because waiting too long can be disastrous. This year tax planning is especially challenging because Congress has failed to act on many tax breaks that expired at the end of 2013. Given the gridlock in Washington […]

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