What Sacrifice Are We Willing To Bear?

December 23, 2012 | Posted by Michael C. Phillip in


A week out from the fiscal cliff and a compromise seems exceedingly unlikely. The Senate is in recess until December 27. That leaves a paltry five days for the President and the Democratic-controlled Senate to come to a compromise with the Republican House before the severe spending cuts and tax increases outlined in the Budget Control Act of 2011 go into effect. This puts the so-called... Read More

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Is The Charitable Deduction In Jeopardy?

December 12, 2012 | Posted by Michael C. Phillip in


The charitable deduction is on the chopping block and non-profits are lobbying for a pardon. The fiscal cliff, or the point in time (January 1, 2013) when automatic sequestrations to federal programs will kick in to curtail America’s mounting debt, will impact every sector of the economy, and thus every American. There is no way to avoid its effects entirely: either Congress will work with the... Read More

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