Search results
Results from the WOW.Com Content Network
James Carville and Mary Matalin have been the nation's political odd couple for decades. Carville, 79, a Democrat, became famous after heading Bill Clinton's campaign in 1992 when he upset ...
Mary Joe Matalin (born August 19, 1953) is an American political consultant well known for her work with the Republican Party. She served under President Ronald Reagan , was campaign director for George H. W. Bush , an assistant to President George W. Bush , and until 2003 counselor to Vice President Dick Cheney .
Canadian federal income tax does not allow a deduction from taxable income for interest on loans secured by the taxpayer's personal residence, but landlords who own rental residential or commercial property may deduct mortgage interest as a reasonable business expense; the difference between the two being that the deduction is only allowed when ...
The 2010 Act also provided portability to the credit, allowing a surviving spouse to use that portion of the pre-deceased spouse's credit that was not previously used (e.g. a husband died, used $3 million of his credit, and filed an estate tax return. At his wife's subsequent death, she can use her $5 million credit plus the remaining $2 ...
In case you missed it, The National Commission on Fiscal Responsibility and Reform, released its recommendation last week, including the proposed elimination or limitation to the mortgage interest ...
1894 and 1913: The mortgage interest deduction got its start alongside the first income taxes, which were implemented in 1894 and 1913. At the time, all interest payments were tax-deductible ...
For a surviving spouse who is not a U.S. citizen, a bequest through a Qualified Domestic Trust defers estate tax until the principal is distributed by the trustee, a U.S. citizen or corporation who also withholds the estate tax. Income on principal distributed to the surviving spouse is taxed as individual income.
Mary Matalin-- a top Republican strategist and well-known pundit -- announced she's leaving the Republican Party to register as a Libertarian.. The decision was made Thursday during an interview ...