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	<title>Fairmark.com</title>
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	<link>http://fairmark.com</link>
	<description>Taxes and investing in plain language</description>
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		<title>A Mighty Big Teaspoon of Roth</title>
		<link>http://fairmark.com/thrift-savings-plan-roth/</link>
		<comments>http://fairmark.com/thrift-savings-plan-roth/#comments</comments>
		<pubDate>Tue, 15 May 2012 19:11:20 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Retirement]]></category>
		<category><![CDATA[Roth Accounts]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1604</guid>
		<description><![CDATA[The Thrift Savings Plan announces it has completed the work to make Roth accounts available in this plan for employees of the federal government. ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Coming Clean on Wash Sales</title>
		<link>http://fairmark.com/wash-sale-rule-unclear/</link>
		<comments>http://fairmark.com/wash-sale-rule-unclear/#comments</comments>
		<pubDate>Thu, 10 May 2012 12:53:38 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Capital Gains]]></category>
		<category><![CDATA[General Taxation]]></category>
		<category><![CDATA[Taxation of Investments]]></category>
		<category><![CDATA[Trader Taxation]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1578</guid>
		<description><![CDATA[The wash sale rule is a lot more complicated than it appears, and there are unanswered questions about some aspects of its workings.]]></description>
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		<title>Trusted but Discredited</title>
		<link>http://fairmark.com/homebuyer-credit-disallowed/</link>
		<comments>http://fairmark.com/homebuyer-credit-disallowed/#comments</comments>
		<pubDate>Thu, 10 May 2012 12:37:12 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Court Rulings]]></category>
		<category><![CDATA[Home Ownership]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1572</guid>
		<description><![CDATA[The first-time homebuyer credit was disallowed for a home purchased from a family trust.]]></description>
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		<title>IRS Loosens up on Local Lodging</title>
		<link>http://fairmark.com/irs-loosens-up-on-local-lodging/</link>
		<comments>http://fairmark.com/irs-loosens-up-on-local-lodging/#comments</comments>
		<pubDate>Fri, 04 May 2012 16:45:24 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Business Taxation]]></category>
		<category><![CDATA[IRS Guidance]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1538</guid>
		<description><![CDATA[The IRS has issued proposed regulations that would make it easier to deduct &#8220;local lodging&#8221; costs &#8212; in other words, staying overnight when not away from home. The new rules provide a safe harbor for certain local lodging at a business meeting, conference, or other activity or function. Other local lodging expenses may be deductible [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Delay in Reporting Requirement for Options and Debt Instruments</title>
		<link>http://fairmark.com/delay-in-reporting-requirement-for-options-and-debt-instruments/</link>
		<comments>http://fairmark.com/delay-in-reporting-requirement-for-options-and-debt-instruments/#comments</comments>
		<pubDate>Thu, 03 May 2012 00:25:53 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[IRS Guidance]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[basis reporting]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1556</guid>
		<description><![CDATA[The requirement for brokers to report the basis of financial instruments is being rolled out in three stages. Basis reporting for sales of stock took effect in 2011, the first year for mutual fund shares and dividend reinvestment plans is 2012, and basis reporting for options and debt instruments was set to begin in 2013. [...]]]></description>
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		<title>Uncertainty in ISO Strategies</title>
		<link>http://fairmark.com/uncertainty-in-iso-strategies/</link>
		<comments>http://fairmark.com/uncertainty-in-iso-strategies/#comments</comments>
		<pubDate>Thu, 26 Apr 2012 16:14:05 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Alternative Minimum Tax (AMT)]]></category>
		<category><![CDATA[Equity Compensation]]></category>
		<category><![CDATA[Incentive Stock Options (ISOs)]]></category>
		<category><![CDATA[feature]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1518</guid>
		<description><![CDATA[Planning for incentive stock options always involves a level of uncertainty. A typical strategy involves holding at least some of the shares for a year or more after exercising the option, while sweating out the possibility that a decline in the stock price will wipe out the tax benefit and then some. This year option [...]]]></description>
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		<title>New Look at S Corp Payroll Tax</title>
		<link>http://fairmark.com/new-look-at-s-corp-payroll-tax/</link>
		<comments>http://fairmark.com/new-look-at-s-corp-payroll-tax/#comments</comments>
		<pubDate>Wed, 25 Apr 2012 18:41:44 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Legislation]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[S corporations]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1532</guid>
		<description><![CDATA[Owners of an S corporation can receive business profits in the form of wages, which are subject to Social Security and Medicare tax, or dividend distributions, which are not. Naturally they prefer the latter because of the lower tax cost. The IRS can challenge the tax treatment if wage payments are unreasonably low, particularly where [...]]]></description>
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		<title>Roth IRA Can&#8217;t Hold S Corp Stock</title>
		<link>http://fairmark.com/roth-ira-cant-hold-s-corp-stock/</link>
		<comments>http://fairmark.com/roth-ira-cant-hold-s-corp-stock/#comments</comments>
		<pubDate>Mon, 26 Mar 2012 17:03:18 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[General Taxation]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1512</guid>
		<description><![CDATA[We like the idea of funding retirement accounts with traditional investments, such as publicly traded stocks, bonds and mutual funds. Some people think they can do better if they set up a &#8220;self-directed&#8221; IRA, often with unfortunate results. A recent case involving a transfer of S corporation stock to a Roth IRA is a case [...]]]></description>
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		<title>Some Refunds Delayed by a Week</title>
		<link>http://fairmark.com/some-refunds-delayed-by-a-week/</link>
		<comments>http://fairmark.com/some-refunds-delayed-by-a-week/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 22:03:45 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[IRS Guidance]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Tax Filing]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1508</guid>
		<description><![CDATA[The IRS has announced some taxpayers will receive their refunds about a week later than originally projected. &#8220;The one-week delay for some refunds relates to fine-tuning IRS systems to adjust for new safeguards put in place this tax season to provide stronger protection against refund fraud,&#8221; the agency explained.]]></description>
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		<slash:comments>0</slash:comments>
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		<title>What&#8217;s New in IRAs? Not Much</title>
		<link>http://fairmark.com/whats-new-in-iras-not-much/</link>
		<comments>http://fairmark.com/whats-new-in-iras-not-much/#comments</comments>
		<pubDate>Tue, 03 Jan 2012 13:00:16 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[IRAs]]></category>
		<category><![CDATA[Retirement]]></category>
		<category><![CDATA[Roth conversion]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1502</guid>
		<description><![CDATA[The IRS came out with its annual edition of Publication 590, Individual Retirement Arrangements (IRAs), earlier than usual this year (click here for PDF). Most likely that&#8217;s because so few revisions were needed from the previous year. Sections describing what&#8217;s new for 2011, and for 2012, offer little more than a mention of the new [...]]]></description>
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