Condor Capital Management

Explore: Charitable Contribution Rules: 10 Years in the Making


Charitable Contribution Rules: 10 Years in the Making

Charitable Contribution Rules

Ten years ago, the Internal Revenue Service proposed regulations that would define how to value (and prove the actual value) of non-cash donations to charity.  The regs involved things like artwork, jewelry and other possessions whose value is often in the eye of the beholder.

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Correction: We’re Saving More Than We Realized


Quick: What’s America’s national savings rate? A generation ago, you might have guessed 10% and been pretty close to the market. More recently, there has been a lot of hand-wringing about a precipitous decline in how much of their income Americans are saving—down, according to the U.S. government’s Bureau of Economic Analysis, to just over Continue reading “Correction: We’re Saving More Than We Realized”

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Goodbye Marriage Penalty–Almost


One of the unexpected gifts from the Tax Cuts and Jobs Act of 2017 was the virtual elimination of the so-called “marriage penalty.” But at the same time, the new tax regime imposes a new “stealth” marriage penalty which will show up for taxpayers in higher-tax states.

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New Tax Considerations for Divorcing Couples

New Tax Considerations for Divorcing Couples

People who are contemplating divorce could be surprised by some provisions of the new tax law—and should be including it in their separation plans.  The new laws affect the taxation of alimony payments, and also the valuation of certain assets that are usually part of a divorce agreement.

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Turkey Contagion? Not So Fast…

Turkey Contagion? Not So Fast...

Front and center in the news lately is the concern over Turkey’s currency crisis, with the country’s lira falling against the dollar by as much as 20% in one day.  Last week’s downfall was led in part by President Trump’s doubling of tariffs on imported Turkish steel and aluminum along with continued heated rhetoric over an American pastor being held in the country.  Couple this with Turkey’s authoritarian president, Recep Tayyip Erdogan, and his brash tone toward international and domestic policies, and you can see the idiosyncratic factors that sent the lira tumbling.

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What to Make of the “Trade War”

Trade War

Last week, there was finally some evidence that the investment markets were starting to get jittery about the escalating tit-for-tat tariffs and threats of tariffs that some economists are calling “America vs. the World.”  Most investors are probably wondering whether new taxes on items flowing into and out of the U.S. really is something to worry about.

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Condor Capital Management’s 2017/18 Ski Season Wrap-Up


Condor Capital Management’s 2017/18 Ski Season Wrap-Up: Divergent Weather Leaves a Mixed Picture as Resorts Continue to be Scooped Up

MARTINSVILLE, N.J., – (ACCESSWIRE) – As the warm summer air drifts across much of the United States, many skiers and snowboarders are beginning to cross their fingers for a rebound from a somewhat disappointing 2017/18 ski season. Continue reading “Condor Capital Management’s 2017/18 Ski Season Wrap-Up”

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Tax Simplification That Really Is


One of the biggest misnomers coming out of Washington is the idea of “tax simplification,” where Congress purportedly makes it easier for all of us to fill out our tax returns by adding several thousand pages of new rules, rates and lists of things we can and cannot deduct under new lists of circumstances. Continue reading “Tax Simplification That Really Is”

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