*
My post “What To Do” was Monday’s featured post at the ACCOUNTINGBLOG.ORG
Facebook page!
*
And it was apparently the inspiration for “Locking in Long-Term Gains at the Zero Rate” by William Perez at ABOUT.COM TAXPLANNING:US.
*
Bill also suggests that higher-income taxpayers “Avoid the Medicare Surtax by Giving Incoming-Producing Investments to Minor Children”.
He
reminds us that -
“Starting in 2013, the unearned income
Medicare contribution tax applies an additional tax of 3.8% to investment
income such as dividends and interest if adjusted gross income exceeds $200,000
for unmarried persons or exceeds $250,000 for married persons.”
*
Tax pros – have you read "My Letter to Carol Campbell" at my THE TAX PROFESSIONAL
blog?
What
is your take on what I wrote about?
*
Jason Dinesen responds to two of my recommendations to Ms Campbell in “RTRPs, CPAs, Attorneys and Grandfathering”.
“I am open to Robert
Flach’s idea of grandfathering unlicensed tax preparers such as himself, who
can demonstrate a certain amount of experience and a certain amount of
continuing education.
I am not open to the
idea of requiring a CPA or an attorney to take the RTRP exam.”
I
reply in “Let The Debate Begin”.
*
Kay Bell, a veteran blogger, gives us “10 Easy Tax Deductions for Bloggers and Other Online Businesses” at DON’T MESS WITH TAXES.
*
Last month I apparently missed a meaty post by Chad Bordeaux telling how to “Keep Track of Your Basis” at the blog formerly known as BEANCOUNTER RAMBLINGS.
*
MISSOURI TAXGUY Bruce MacFarland debunks some “Tax Misperceptions – Small Business”.
Pay
special attention his comments on the tax myths “Being Incorporated enables you
to take more deductions” and “The Home Office deduction is a red flag for an
audit”.
And
don’t forget to check out his Store.
*
“Whatever you’re clever enough to make
the government takes away!” So sing the Yacht Club Boys in the 1930s.
Click here to watch this funny YouTube video.
*
I am happy to report that my “Tax Blogosphere Buddy” Joe Kristan thinks “Robert D. Flach gets this right” when it
comes to the Tax Non-Payer issue. He
says so in his Tuesday Tax Roundup post “47% frenzy! And New Jersey tries to rival Iowa” at the ROTH AND COMPANY TAX UPDATE BLOG.
The
roundup covers the issue of the 47% in depth.
BTW
Joe - Iowa is a saint compared to New Jersey when it comes to “cronyism” and
other forms of corruption.
THE
FINAL WORD
An
invitation for disaster!
During
my ride to LBI last week I heard an ad for mortgage refinancing on the
radio. The ad promised “equity or good credit not required”!
Did
we learn nothing?
And
one more thing . . . .
What
an arsehole!
It
is preposterous to mention the “rigors” of appearing in a tasteless and useless
reality tv piece of excrement like KEEPING UP WITH THE KADASHIANS and the scam
wedding that put about $18 Million in slut Kim’s pocket in the same breath as
the problems faced by a young women with cancer!
How
self-absorbed and deluded can this idiot be to think that anyone with an ounce
of intelligence thinks of her and her ilk as anything more than a sick joke?
And
shame on the national and international media for treating these fools as if
they were actually worth something.
TTFN
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