Monday, June 8, 2020
WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?
* At the JOURNAL OF ACCOUNTANCY Sarah Ovaska discusses “Protecting seniors from COVID-19 fraud”.
“Offers to sign up for a COVID-19 vaccine, an IRS agent calling to confirm a stimulus payment, or someone at the door offering to swab your nose to see you have the coronavirus.
These are among the ploys scammers are implementing right now against American seniors in hopes of profiting from the uncertainty, fear, and anxiety that the novel coronavirus pandemic has caused.”
* Prof James Maul reminds us that, no matter how generous and rewarding it may be, there is “No Charitable Contribution Deduction for Donating Services” at MAULED AGAIN –
“Treasury Regulations section 1.170A-1(g) states, ‘Contributions of services. No deduction is allowable under section 170 for a contribution of services.’”
* Anyone interested? “IRS seeks nominations for the Internal Revenue Service Advisory Council for 2021”.
* FORBES.COM’s TaxGirl Kelly Phillips Erb reports “IRS Urges Non-Filers To Register To Get Stimulus Checks By Year End” -
“Millions of low-income people and others who aren't required to file a tax return may still be eligible for a stimulus check. Those folks can register for a payment by using the Non-Filers tool on the IRS website. . . .
The Non-Filers tool will remain available through the summer and fall. However, to receive your payment by the end of the year, you must register by October 15.”
THE LAST WORD
From James Mattis, the esteemed Marine general and one-time Trump Administration Secretary of Defense (highlight is mine) -
“Donald Trump is the first president in my lifetime who does not try to unite the American people—does not even pretend to try. Instead, he tries to divide us. We are witnessing the consequences of three years of this deliberate effort. We are witnessing the consequences of three years without mature leadership. We can unite without him, drawing on the strengths inherent in our civil society. This will not be easy, as the past few days have shown, but we owe it to our fellow citizens; to past generations that bled to defend our promise; and to our children.”
“Instructions given by the military departments to our troops before the Normandy invasion reminded soldiers that the Nazi slogan for destroying us … was ‘Divide and Conquer’. Our American answer is ‘In Union there is Strength’. We must summon that unity to surmount this crisis—confident that we are better than our politics.”
Asshole Trump’s response was to belittle Mattis in a tweet.