Are Investment Management Fees Tax Deductible?

Are Investment Management Fees Tax Deductible?


Are Investment Management Fees Tax Deductible?

Posted: 24 Jun 2012 09:50 PM PDT

I often get asked, ?Are investment management fees tax deductible?? The answer is not a simple ?yes? or ?no.? Like many tax questions, the answer is ?It depends.? Investment management fees are a tax-deductible expense. They can be listed on Schedule A under the section ?Job Expenses and Certain Miscellaneous Deductions.? Line 23 includes investment ...


The Next Secrets of the Web

Posted: 24 Jun 2012 09:37 PM PDT

Right now, someone is tinkering with a billion dollar secret ? they just don't know it yet. "What people aren't telling you," Peter Thiel taught his class??at Stanford, "can very often give you great insight as to where you should be directing your attention." Secrets people can't or don't want to divulge are a common ...


Redefine Possible

Posted: 24 Jun 2012 09:34 PM PDT

Hey, business leaders, recent grads, and wannabe leaders.?? Listen up. ??Spencer West has a message for you: redefine what you think is possible. Why should you listen to Spencer West? Spencer knows something about achievement in the face of obstacles.?? This past week, he climbed and reached the summit of??Africa's tallest peak, Mt. Kilimanjaro. Still ...


Japan's PM faces intraparty revolt over tax hike

Posted: 24 Jun 2012 09:49 PM PDT

A battle between rival blocs in Japan's ruling party escalated Monday ahead of a tax hike vote that is threatening to split the party and weaken Prime Minister Yoshihiko Noda's hold on power.


Standoff with Iran focus of Putin visit to Israel

Posted: 24 Jun 2012 09:25 PM PDT

The West's standoff with Iran over its nuclear program will be the hot topic when Russian President Vladimir Putin huddles with Israeli leaders during a 24-hour visit here.


One killed in blast in Kenyan port of Mombasa

Posted: 24 Jun 2012 09:01 PM PDT

A man injured in a blast at Jerico Pub in the Kenyan Coast waits for treatment at the Coast General Hospital in MombasaMOMBASA, Kenya (Reuters) - A blast hit a night club in Kenya's port of Mombasa on Sunday, killing a man, police said, a day after the U.S. embassy in the East African country warned of an imminent attack on the city. Police said the cause of the explosion was not immediately clear but Mombasa, a popular holiday destination for Kenyans and foreigners, has been struck by a series of blasts since Kenya sent troops into Somalia in October to crush Islamist militants. "I am seeing one body. ...



At least 32 killed in bus accident in Mexico

Posted: 24 Jun 2012 09:42 PM PDT

MEXICO CITY (Reuters) - At least 32 people were killed in Mexico on Sunday after the bus they were traveling in turned over on a wet road in the southwestern state of Guerrero, a Red Cross official said.


Samsung's Forecast Fails to Ease Concerns

Posted: 24 Jun 2012 08:44 PM PDT

Though Samsung expects its mobile phone business to report better results in the second quarter, partly helped by strong sales of its Galaxy S III smartphone, the forecast may not meet market predictions.


As Social Media Makes The Marketing Narrative More Nuanced, CMOs Shift To Managing The 'Corporate Character'

Posted: 24 Jun 2012 09:06 PM PDT

In other words, what an organization stands for is as important as what it sells. It has a "corporate character" ??? the differentiating attributes that make it a distinct enterprise. And that corporate character is not simply a product of its mission statement, logo or advertising. It is, rather, the sum of everything its management and employees say and do ??? the beliefs they hold, values they profess and ways they behave, visible for all to see.


Democrats Pre-Emptively Second-Guess Each Other on Obamacare's Supreme Court Reckoning

Posted: 24 Jun 2012 08:59 PM PDT

Saturday brought us two lengthy articles, from the New York Times and Washington Post, about Obamacare's individual mandate. Some liberal critics complain that the Obama administration didn't heed their warnings about the mandate's Constitutional weakness, while still others complain that the White House failed to heed their advice on how best to defend the mandate in court. You can detect a theme there. But neither accusation is true. Contemporaneous accounts tell us the real story of why President Obama decided to roll the mandate dice.


When Companies Honor Employees, Profits Result

Posted: 24 Jun 2012 08:50 PM PDT

Have you heard of the Service Profit Chain? Several years ago I learned of this tremendous model at a seminar sponsored by Omnicom(NYSE: OMC), who purchased the company I founded, MarketStar Corporation. Several distinguished Harvard professors created a theory in the 90s that they subsequently published in a book The Service Profit Chain - How ...


One killed in blast in Kenyan port of Mombasa

Posted: 24 Jun 2012 09:01 PM PDT

MOMBASA, Kenya (Reuters) - A blast hit a night club in Kenya's port of Mombasa on Sunday, killing a man, police said, a day after the U.S. embassy in the East African country warned of an imminent attack on the city.


Spanish Leader Emerges as Austerity Crusader

Posted: 24 Jun 2012 07:38 PM PDT

Maria Dolores de Cospedal, president of the Spanish region of Castilla-La Mancha, is slashing spending to set the stage for future growth, in a euro-zone test of whether austerity can nurse a sick economy back to health.


Ferry Systems Look to Switch to Natural Gas

Posted: 24 Jun 2012 09:19 PM PDT

Ferry boat systems in the U.S. and Canada consider a shift to natural gas from diesel fuel, an example of how the boom in gas from shale rock formations is reshaping fuel markets.


MBK Partners Named Preferred Bidder for Himart

Posted: 24 Jun 2012 07:57 PM PDT

Himart chose private equity fund MBK Partners as the preferred bidder for a controlling stake reportedly valued at as much as $1.1 billion, news that sent the South Korean electronic retailer's shares plunging.


HTC Pulls Out of Brazil

Posted: 24 Jun 2012 05:59 PM PDT

HTC is closing its office in São Paulo, as the Taiwanese smartphone maker faces growing headwinds amid intensifying competition from rivals at different price points.


Florida Law on Cuba Heads to Court

Posted: 24 Jun 2012 08:06 PM PDT

Florida Gov. Rick Scott has strived to foster a business-friendly environment in this state and has courted international companies in overseas trade missions. But a measure he signed into law in May that targets foreign firms with business ties to Cuba threatens to complicate those efforts.


Offal Tale: For This Club, Everything Is on the Menu

Posted: 24 Jun 2012 07:48 PM PDT

You'll never be a member of the "Innard" Circle if the likes of brains in black butter, Uzbek boiled spleen or Fujianese pig heart make you squirm.


PSA tests might hurt a lot more than you think

Posted: 24 Jun 2012 08:19 PM PDT

Routine PSA testing for prostate cancer does more harm than good, concludes a major new review of the evidence. Urologists' associations complain bitterly.


Whither Japan Stocks: Four (Maybe Five) Trends that Will Push Stock Prices Higher

Posted: 24 Jun 2012 08:11 PM PDT

More than any time in memory business models and traditional attitudes are being challenged and changed. Investors in Japanese companies deserve better returns. They very likely will get them.