“He who laughs last thinks slowest.”
* Attention tax professionals – my THE TAXPROFESSIONAL website has evolved. The new format includes some recent TAXPRO BUZZ. Check
it out.
* Over at TAXABLE TALK Russ Fox admits “The NAEA Won’t Like This Post”. But I do.
“I’ve
been asked by members of the NAEA why I’m against preparer regulation. All it
does is increase a bureaucracy, decrease consumer choice, increase prices to
the general public, and uses limited IRS resources instead of where they could
be better used. I don’t mind competition, and the IRS currently has means of
going after bad preparers.”
Right on, Brother Russ!
* BTW – the latest news, and it is good, on
the attempt to regulate all tax return preparers is a “tweet” this Wednesday
from @GOPSenFinance - “Markup of
Bipartisan Bill to Prevent Identity Theft & Tax Refund Fraud {and
Regulate Tax Preparers – rdf} is
Postponed Until Further Notice”. The
reason for the postponement is the result of well-founded concerns about giving
the IRS too much power to regulate tax preparers.
* Preparer Regulation – a definite NO! But there is a need for a voluntary
industry-based tax professional designation/credential to acknowledge and
identify competent and current tax preparers.
See my January 2013 ACCOUNTING TODAY
editorial “It’s Time for Independent Certification for Tax Preparers”.
* Kay Bell reports “6 States OfferingResidents, Businesses Tax Amnesties: Options for Delinquent Taxpayers in AZ, IN, KS, MD, MO and OK” at DON’T MESS WITH TAXES.
* Did you know I am on Twitter? I am just short of 1000 followers
and looking to reach that goal by end of September. Why not follow me - @rdftaxpro.
THE LAST WORD –
What a buffoon!
I had planned to spend 3 hours on Wednesday
night watching the second Republican debate on CNN. But after 15 minutes I could watch no more,
and I changed to the Disney channel.
It started out fine with the candidates
introducing themselves, but soon it was clear that dealing with the comic
relief would replace any serious discussion of issues.
Tronald Dump proved that everything Bobby
Jindal, and others, have said about him is true.
While some candidates showed cowardice by
avoiding the question of the Dumpster’s temperament and Presidential access to
our nuclear arsenal, my sentiments certainly mirror those of Goldman Sachs CEO
Lloyd Blankfein, who said, “It’s hard to imagine his finger on the button. That blows my mind.”
God forbid Trump is elected President and
Putin criticizes him. There goes Russia!
It was good to hear Paul Rand correctly observe
that Trump had the maturity of a junior high school student (he was kind – more
like a 5th grader). Trump’s
reply proved Rand’s point – “I never
attacked him on looks, and believe me, there is plenty of subject matter there.
That, I can tell you.” Isn’t that
basically saying, “you’re ugly”?
The state of the union is truly troubling
with Trump as the Republican front-runner.
TTFN
1 comment:
Trump may trump, maybe.
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