WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’

* I have created a new monthly online newsletter for tax professionals titled, what else, THE TAX PROFESSIONAL.  Check it out - and let me know what you think of it.

* And have you seen my new website yet – FIND A TAX PROFESSIONAL?  Check it out!  Let me know what you think of the content.

* My post on the Third-Party Designee and the AFSP voluntary tax preparer certification program was referenced in TAX PRO TODAY’s weekly BUZZ-like “In The Blogs” post titled “These Kids Today”.

* Jason Dinsesn warns “Don’t Be ‘That’ Business Owner” at DINESEN TAX TIMES.

The point of Jason’s post, and good advice indeed –

“If you plan to have a business that lives for a long time, it’s more cost-effective to be compliant up front, even though it might not seem like it.”

 

* And Jason provides all 19 parts of his series on a client’s identity theft saga with the IRS in one place at “A Saga of Taxpayer Identity Theft”.

* Howard Gleckman laments that there is “Nothing New Under the Sun” as he recalls “The Sad History of the Tax Extenders” at TAX VOX, the blog of the Tax Policy Center.

We are reminded –

“In 2004, 2006, 2008, 2010, and 2012 the subsidies were not extended until October or later.”

* Speaking of the idiots in Congress, a recent “tweet” introduced me to this appropriate quote from Albert Einstein –

“The difference between stupidity and genius is that genius has its limits.”

* INTERNATION BUSINESS TIMES reports on “Tax Free Weekend 2014”, providing “Dates And List Of States Offering No Sales Tax In August”.   

* Professor Jim Maule’s MAULED AGAIN series on Tax Myths tackles in Part XIII the false statement “Children Do Not Pay Tax”.

As I have said time and again, you pay taxes from the day you are born to the day you die if you have taxable income.  And you pay Social Security and Medicare tax from the day you are born until the day you die if you have W-2 wage or self-employment income.

THE FINAL WORD –

Is today your birthday?  CHA CHA answers the question “What Free Food Can You Get On Your Birthday?”.

TTFN