January 3, 2009 |
Two decades ago, real estate mogul Randy Black turned this blip on the Arizona border into a boomtown when he opened the first of four casinos. Nearly 1 million visitors a year followed, and hotels, restaurants and stucco homes seemed to sprout from sand. "It seemed to be one of those things that 'Geez, it's just going great. It's never going to end,' " said Victor Kotalion, who left Las Vegas in 1990 for this arid patch off Interstate 15.
April 6, 2008 |
IT was a nail-biter of a month. But at last the news is in: The idle chitchat, the intense speculation and competitive jockeying are over, and families throughout the Los Angeles area are either exulting in victory or wallowing in defeat. It's kindergarten acceptance time, the make-it or break-it moment when L.A.'s top private schools mail their acceptance and rejection letters, then conveniently take off on spring break to dodge the hysteria.
August 5, 2011 |
As students return to middle schools and high schools in California this fall, they will need more than fresh notebooks and apples for their teachers. Thanks to a state law that took effect last month, students entering grades 7 through 12 will need proof that they received a vaccine for whooping cough. The law was prompted by last year's outbreak of the highly contagious respiratory infection, which is also known as pertussis. Nearly 9,500 cases were reported in California, the most in 65 years, according to the Centers for Disease Control and Prevention.
November 25, 1990 |
Q: My husband is taking early retirement from his job and will be getting $30,000 from his pension and about $20,000 in severance pay. Right now, our combined annual income is $48,000, and we are in the 28% tax bracket. However, if we get all this money in a lump sum at the end of the year, our bracket could jump. Is there a way to defer any or all of this income until 1991, or even 1992, when our income will be just my $20,000-a-year salary? -- D. T .
August 9, 1998 |
Q: I'm curious about how the government enforces gift tax rules. I've often heard that you have to file a gift tax return with the IRS if you give more than $10,000 to any one person in a given year. But how would the IRS know about your gift if you chose not to file? A: For most readers, this is a theoretical concern--few people have to pay these taxes. And when they do, they are usually dead anyway.
November 3, 2013 |
Question: Our board directors found the lowest earthquake insurance premium is with a 20% deductible, costing our homeowner association about $20,000 annually; they voted against raising monthly dues to cover it. Our 20 units in a four-level, zero-lot-line Los Angeles complex average $650,000 per unit and the structural integrity of the building is at greater risk because of our subterranean parking. Directors argue we've got over $150,000 in reserves and around $350,000 in combined money market and certificate of deposit accounts.