Silicon Valley employees at technology companies like Google Inc., Facebook Inc. and Twitter Inc. have enjoyed free cafeterias as well as pizza joints and kitchens stocked with organic produce, on behalf of their employers. The benefit has become ingrained into much of the valley's culture and is believed to encourage collaboration and longer work hours.
In what was one of the two most anticipated cases in the Supreme Court's docket this year (and arguably in many years), the Supreme Court ruled in United States v. Windsor that the federal Defense of Marriage Act (DOMA) was unconstitutional as it violated the Constitution's Equal Protection and Due Process Clauses.
Tax exemptions, like so many other things in life, come in sizes large and small. For large corporations and wealth individual taxpayers, the tax savings involved in properly claiming exemptions amount to some serious money.
After several years of post-bubble struggles, the housing market is finally trending upward again. The waves of foreclosures have subsided somewhat, and traditional buyers and sellers are entering the market again.
It's been two weeks after the election and it is only six weeks before the end of the year. But it still remains to be seen what tax changes Congress might make to address the combination of automatic spending cuts and tax increases included in the short-hand phrase "fiscal cliff."