Tuesday, June 23, 2015

WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’ – TUESDAY EDITION


Right on Ellen Degeneres.  She recently celebrated the date March 20, 1820 as the date Congress voted on the Missouri Compromise.  Why is this date important?

It was the last time the words Congress and compromise were used in the same sentence.”

Not really.  The inability to compromise began when Newt Gingrich was Speaker of the House.

* Fellow tax pros – Have you reviewed, and commented on, my discussion of the proposed “Tax Practitioners Bill of Rights” at THE TAX PROFESSIONAL yet? 

* BTW – you can click here to sign a petition in support of the National Society of Accountants created “Tax Practitioner Bill of Rights”.

* No new post up yet at BOB’S BABBLINGS.  If you missed it, check out last Monday’s post and enter my Trivia Challenge.

* Caleb Newquist suggests “Donald Trump's Accountants Should Quit” at GOING CONCERN.

I love Caleb’s spot-on descriptions of the pompous idiot –

shaved orangutan

gold-dusted self-orgy of narcissism, Trump talked about his wealth at length because that's all he likes to talk about.”

scary orange oaf

I can’t imagine anyone in their right mind even thinking about voting for this fool.  How clueless is the Trumpster to think that anyone takes him seriously.

Need I remind you – he was chastised by Rosie O’Donnell for screwing his stockholders and his response to her criticism was “you’re fat”.

* Kay Bell tells us “Uber Ruling Underscores Contractor vs. Employee Conflict” (Uber is the name of a company, and not an adjective) at DON’T MESS WITH TAXES and advises “Make sure you are classified correctly, since it affects your taxes”.

* Kansas taxpayers be warned.  Trish McIntire reports on “The Largest Tax Increase" in the history of the state of Kansas at OUR TAXING TIMES.    


FYI, ABLE is the “Achieving a Better Life Experience Act of 2014”.  CCH explains –

The ABLE Act permits states and state agencies or instrumentalities to establish and maintain a new type of tax-favored savings program through which contributions may be made to the account of an eligible disabled individual to meet qualified disability expenses. These accounts also receive favorable treatment for certain means-tested federal programs.”  

TTFN

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