* Do as I say, not
as I do.!
Jordan Fabian of
ABC NEWS quotes tax cheat “Charles Rangel at IRS Hearing: ‘Wrong to Abuse the Tax System’”.
As Jordan says – “Only in Washington, you guys.”
* Here is the word
on refunds for those tax professionals who scheduled and paid for the RTRP test
-
“Fee amounts collected for scheduled
registered tax return preparer test appointments canceled due to the court
ordered injunction are being refunded. Additionally, fees collected from return
preparers who tested on or after January 18, 2013, the date the test was
enjoined, are also being refunded. No additional refund or reimbursement
requests related to registered tax return preparer regulation are being
provided or considered at this time. E-mail notifications will be provided to
those receiving refunds to explain the process. No action is necessary to
receive the refund. A credit for the test fee will automatically be made to the
account used to pay the fee. It is anticipated that all refunds will be
processed by July 19, 2013.”
* The current IRS
“Tea Party” scandal is nothing new.
Liberals and conservatives alike have used the IRS to target the
opposition for decades. Dena Aubin of
Reuters takes us on a walk down memory lane in “Factbox: IRS's Rich History of Scandals, Political Abuse” at YAHOO!NEWS.
* My former home
state of New Jersey is on every list of the most taxed states, with the
exception of the gasoline tax. So it is
no surprise that it is included at #6 in MOTLEY FOOL’s “These 6 States Tax Inheritances the Hardest”.
I was surprised,
however, to find that my current home state of Pennsylvania is #1. PA won’t tax your pension, but apparently it
gets you after you have gone to your final audit.
* FYI, the IRS will
be closed this Friday, May 24th, as part of its sequestration
furlough. No IRS offices will
be operating, IRS employees will be off without pay, no tax returns will be
processed, and no compliance-related activities will take place.
The Final Word-
Are dolphins more
intelligent than humans?
I usually only buy
birthday cards with real cats in various poses, costumes, and situations. And the occasional dog. But I found a great card with dolphins that
answers the above question.
On the front of the
card one dolphin swimming in the ocean says to another, “Of course we’re more intelligent than humans . . . you don’t see us
caring about any Kardashians!”
TTFN
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