tag:blogger.com,1999:blog-63180550437079939182024-03-14T05:23:31.744-04:00THE WANDERING TAX PROTHE WANDERING TAX PRO
Up-to-the-minute advice, information, resources, and, on occasion, commentary on federal and New Jersey state income taxes, and the various New Jersey property tax rebate programs, and insights and observations on tax policy and professional tax practice, by 50-year veteran tax professional Robert D Flach.Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.comBlogger3193125tag:blogger.com,1999:blog-6318055043707993918.post-41254594342893883352024-02-29T03:41:00.000-05:002024-02-29T03:41:08.831-05:00WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?<p> </p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: verdana;">*
From the IRS – “<a href="http://www.irs.gov/newsroom/irs-michigan-taxpayers-impacted-by-severe-storms-tornadoes-and-flooding-qualify-for-tax-relief-various-deadlines-postponed-to-june-17 " target="_blank"><b><span style="color: #2b00fe;">Michigan taxpayers impacted by severe storms, tornadoes and flooding qualify for tax relief; various deadlines postponed to June 17</span></b></a>”.</span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: verdana;"><span style="color: #212529;">* F.I. TAX GUY Sean
Mullaney, and Andrea MacDonald, discuss “</span><a href="http://fitaxguy.com/tax-return-reporting-for-net-unrealized-appreciation" target="_blank"><b><span style="color: #2b00fe;">Tax Return Reporting for Net Unrealized Appreciation</span></b></a><span style="color: #212529;">.” </span><span style="color: #212529;"> </span></span></p>
<p class="MsoNormal" style="background: white; mso-outline-level: 1; text-align: justify;"><span style="font-family: verdana;">* Kay Bell reports “<a href="http://www.dontmesswithtaxes.com/2024/02/ftc-alleges-hr-block-deleted-customer-data-used-deceptive-ads.html" target="_blank"><b><span style="color: #2b00fe;">FTC alleges H&R Block deleted customer tax
data, used deceptive advertising</span></b></a>” – (highlight is mine)</span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: verdana;"><span style="background: white; color: black;">“<i>The Federal Trade
Commission (FTC) this afternoon </i></span><span style="color: black; mso-color-alt: windowtext;"><a href="https://www.ftc.gov/news-events/news/press-releases/2024/02/ftc-takes-action-against-tax-prep-company-hr-block-wiping-consumers-data-deceptively-marketing-free" target="_blank"><b><i><span style="background: white; color: #3333ff;">announced</span></i></b></a></span><i><span style="background: white; color: black;"> it has filed an administrative complaint
against H&R Block for wiping out customers' entered data as a way <b>to
pressure them to pay for higher-priced tax preparation software options</b></span></i><span style="background: white; color: black;">.”</span></span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: verdana;"><span style="background: white; color: black;">Another reason to never
use Henry and Richard to prepare your taxes.</span></span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: verdana;"><span style="color: #212529;">* ACCOUNTING TODAY
identifies “</span><a href="http://www.accountingtoday.com/list/the-20-states-with-the-worst-business-tax-environment " target="_blank"><b><span style="color: #2b00fe;">The 20 worst states for doing business</span></b></a><span style="color: #212529;">”.</span><span style="color: #212529;"> </span></span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529;"><span style="font-family: verdana;">Guess which is the worst
state (it should come as no surprise). <span style="mso-spacerun: yes;"> </span><o:p></o:p></span></span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529;"><o:p><span style="font-family: verdana;"></span></o:p></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-family: verdana;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhnXhaNr5Cq6bXU7tQWkpWGco2j7XULdB6JNrKPqws-TgvfsYHyx_owUWddkBEz_upxnRxDhu27R-o-lVr_A-0itvIK_sk7a7t7hq6d97wu3P-ultW608kviRve0aBo1MHLIQlw4bOXPWg0RmFIRdT4tyDDq-olaVU2HGf3I5Ox5a7x3aWi7p9i91WipNQ/s962/NEW%20JERSEY%20NUMBER%201.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="550" data-original-width="962" height="229" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhnXhaNr5Cq6bXU7tQWkpWGco2j7XULdB6JNrKPqws-TgvfsYHyx_owUWddkBEz_upxnRxDhu27R-o-lVr_A-0itvIK_sk7a7t7hq6d97wu3P-ultW608kviRve0aBo1MHLIQlw4bOXPWg0RmFIRdT4tyDDq-olaVU2HGf3I5Ox5a7x3aWi7p9i91WipNQ/w400-h229/NEW%20JERSEY%20NUMBER%201.jpg" width="400" /></a></span></div><p></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: verdana;"><span style="color: #212529;">* Let's end with more disaster relief
from the IRS – "</span><a href="http://www.irs.gov/newsroom/irs-san-diego-area-taxpayers-impacted-by-severe-storms-flooding-qualify-for-tax-relief-various-deadlines-postponed-to-june-17 " target="_blank"><b><span style="color: #2b00fe;">San Diego area taxpayers impacted by severe storms, flooding qualify for tax relief; various deadlines postponed to June 17</span></b></a><span style="color: #212529;">”.</span></span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: verdana;"><span style="color: #212529;">* And Jeff Stimpson tells
us “</span><a href="http://www.accountingtoday.com/news/irs-grants-tax-relief-to-washington-wildfire-victims " target="_blank"><b><span style="color: #2b00fe;">Washington wildfire victims get tax relief</span></b></a><span style="color: #212529;">” at ACCOUNTING TODAY.</span></span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;">TTFN</span><span style="font-family: Verdana, sans-serif;"><o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-26416862214354623702024-02-27T04:05:00.000-05:002024-02-27T04:05:08.510-05:00THIS I KNOW TO BE TRUE<p> </p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;">This I know to be true.</span></span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;">Extreme fundamentalist Christians are no less a
danger and threat to America, and to freedom and democracy, than extreme
fundamentalist Muslims.<span style="mso-spacerun: yes;"> </span>Or any group
that distorts/perverts religious beliefs and teachings.</span></span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: medium;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;">The separation of Church and State, a basic concept
that American democracy was built on, requires that the specific beliefs of one
individual sect or religion is <b>NEVER</b> legislated or forced upon the
populace by the government.</span><span style="font-family: Verdana, sans-serif;"> </span></span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;">As an intelligent and patriotic American, and one
who happens to have been raised on the true teachings of Jesus Christ, I denounce
and reject today’s racist and repressive Religious Right controlled and Trump
embracing Republican Party and <b>ALL</b> its candidates in <b>ALL</b>
elections at <b>ALL</b> levels – local, state, and national.<span style="mso-spacerun: yes;"> </span></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: Verdana, sans-serif;"><span style="font-size: medium;">As should every intelligent and patriotic
American.</span></span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;">TTFN</span><o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="font-size: medium;"><br /></span></span></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-68206552624026720612024-02-09T04:13:00.001-05:002024-02-09T04:13:21.779-05:00WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?<p> </p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: Verdana, sans-serif;">*
From Kay Bell at DON’T MESS WITH TAXES – “<a href="http://www.dontmesswithtaxes.com/2024/02/alabama-and-maryland-shoppers-get-special-sales-tax-holidays-and-tax-savings-in-february-2024.html " target="_blank"><b><span style="color: #2b00fe;">Attention Alabama & Maryland
shoppers: Special sales tax holiday savings come your way in February</span></b></a>”.</span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: Verdana, sans-serif;"><span style="color: #212529;">* From the IRS - “</span><a href="http://www.irs.gov/newsroom/irs-west-virginia-taxpayers-impacted-by-severe-storms-flooding-landslides-and-mudslides-qualify-for-tax-relief-various-deadlines-postponed-to-june-17 " target="_blank"><b><span style="color: #2b00fe;">West Virginia taxpayers impacted by severe storms, flooding, landslides and mudslides qualify for tax relief; various deadlines postponed to June 17</span></b></a><span style="color: #212529;">”.</span></span></p>
<p class="MsoNormal" style="background: white; mso-outline-level: 1; text-align: justify;"><span style="font-family: Verdana, sans-serif;">* Speaking of disaster relief, Jeff Stimpson reports on “<a href="http://www.accountingtoday.com/news/irs-grants-tax-relief-to-maine-weather-victims" target="_blank"><b><span style="color: #2b00fe;">Tax relief for Maine weather victims</span></b></a>” at ACCOUNTING TODAY.</span></p>
<p class="MsoNormal" style="background: white; mso-outline-level: 1; text-align: justify;"><span style="color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">“<i>Individuals and businesses in parts of Maine that were affected
by severe storms and flooding that began on Dec. 17 now have until June 17 to
file various federal individual and business tax returns and make tax payments</i>.”</span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: Verdana, sans-serif;"><span style="color: #212529;">* </span><span style="color: #212529;"> </span><span style="color: #212529;">FYI – the IRS answers “</span><a href="http://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes " target="_blank"><b><span style="color: #2b00fe;">Frequently Asked Questions on Gift Taxes</span></b></a><span style="color: #212529;">”.</span></span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: Verdana, sans-serif;"><span style="color: #212529;">* And irs.com has a new
page that discusses “</span><a href="http://www.irs.gov/individuals/filing-taxes-after-divorce-or-separation " target="_blank"><b><span style="color: #2b00fe;">Filing Taxes After Divorce or Separation</span></b></a><span style="color: #212529;">”.</span></span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;">TTFN<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-21831728357497993842024-02-02T04:21:00.005-05:002024-02-02T04:21:26.328-05:00DON’T BE IN SUCH A HURRY – BUT DON’T WAIT TILL THE LAST MINUTE<p> </p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;">As
the tax filing season begins here is some good advice, taken from my book <a href="http://robertdflach.blogspot.com/p/the-joy-of-avoiding-taxes.html" target="_blank"><b><span style="color: #2b00fe;">THE JOY OF AVOIDING TAXES</span></b></a> -</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;">You
should not rush to be among the first taxpayers of the year to have your taxes
done. Do not give or send your tax preparer your ‘stuff’, or attempt to prepare
your own returns, until you have received all the forms and information needed
to complete the returns! That means every W-2, every 1099, and every K-1 and
all the cost basis information on the sale of investments.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;">Over
the years I have had several experiences where a client came in very early in
the season and had his or her return prepared, only to receive another Form
1099 in the mail the day after the finished returns were sent to his or her
“uncles”.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;">If
you have a brokerage account there is an excellent chance that you will receive
at least one, if not two, corrected “Consolidated 1099 Statements” to report
taxable dividends, interest and gross proceeds after the initial statement
arrives in late January.<span style="mso-spacerun: yes;"> </span>The final
corrected 1099 may not arrive until mid-March.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;">On
the other hand -</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;">Many
taxpayers who expect to owe their “uncles” wait until the very last minute to
get their tax information together to prepare their return. Even if you think
you will owe taxes you should have the return prepared early, once you have all
the necessary information in hand. You don’t have to actually file the returns
and pay the tax until mid-April. But by having your 1040 prepared early you
will know exactly how much you will owe and have time to come up with the
money, instead of running around trying to juggle funds days before the
deadline. Hey, you might even be surprised to find that you will be getting a
refund!</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;">Also
consider the workload of your tax preparer. I had a strict long-standing rule
that all returns that are not literally in my hands, with all the necessary
information, by mid-March will be automatically extended!</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;">And
one more thing -</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;">If
you owe money to your Uncle Sam it is very, very important that you get your
tax return in the mail by the initial mid-April deadline -or get your automatic
extension application in the mail by the April deadline and the finished return
in the mail by the mid-October deadline - even if you cannot pay all or any of
the tax due on the return!<span style="mso-spacerun: yes;"> </span>Send what you
can with the return – but if you can’t send anything be sure to mail the
return!<span style="mso-spacerun: yes;"> </span>The same applies to your state
income tax returns.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;">The
IRS penalty for paying late is .5% (one half of one percent) of the tax due per
month, or part thereof, until paid.<span style="mso-spacerun: yes;"> </span>The
penalty for filing late is 5% per month – 10 times as much!<span style="mso-spacerun: yes;"> </span>States also have increased penalties for late
filing.<span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span></span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;">TTFN<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;"><br /></span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: "Courier New"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><o:p> </o:p></span></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-53800305793943529262024-02-01T03:00:00.026-05:002024-02-01T03:00:00.146-05:00THE TWELVE DAYS OF TAX SEASON<p> </p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;"></span></p>
<p align="center" class="MsoNormal" style="text-align: center;"></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;">Although I have retired, I still celebrate
the beginning of the tax-filing season with my annual posting of -</span></p>
<p align="center" class="MsoNormal" style="text-align: center;"><span style="font-family: verdana;">THE TWELVE DAYS OF
TAX SEASON</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;">On the first day of tax season my client gave
to me <span style="background-color: white; color: #111111;">a Closing Statement for the purchase of a home.</span></span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;">On the second day of tax season my client
gave to me 2 year-end brokerage statements.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;">On the third day of tax season my client gave
to me 3 mortgage statements (without, of course, any analysis of how much of
the mortgage interest reported represents interest on acquisition debt).</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;">On the fourth day of tax season my client
gave to me 4 W-2s.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;">On the fifth day of tax season my client gave
to me 5 Salvation Army receipts.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;">On the sixth day of tax season my client gave
to me 6 1099-DIVs.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;">On the seventh day of tax season my client
gave to me 7 cancelled checks.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;">On the eighth day of tax season my client
gave to me 8 useless items.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;">On the ninth day of tax season my client gave
to me 9 medical bills (not enough to exceed 7 1/2% of AGI).</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;">On the tenth day of tax season my client gave
to me 10 stock sale confirms.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;">On the eleventh day of tax season my client
gave to me 11 employee business expenses (despite being no longer deductible).</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: verdana;">On the twelfth day of tax season my client
got from me a finished tax return, 11 employee business expenses, 10 stock sale
confirms, 9 medical bills, 8 useless items, 7 cancelled checks, 6 1099-DIVs, 5
Salvation Army receipts, 4 W-2s, 3 mortgage statements, 2 year-end brokerage
reports, and <span style="background-color: white; color: #111111;">a Closing Statement for the purchase of a home</span></span><span style="font-family: verdana;">.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; font-size: 12.0pt;">And, of course, on the thirteenth day of tax
season my client gave to me a corrected Consolidated 1099 from Wells Fargo
Advisors!</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; font-size: 12.0pt;">TTFN<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; font-size: 12.0pt;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; font-size: 12.0pt;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; font-size: 12.0pt;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; font-size: 12.0pt;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; font-size: 12.0pt;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; font-size: 12.0pt;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; font-size: 12.0pt;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; font-size: 12.0pt;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; font-size: 12.0pt;"><br /></span></p><br /><p></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-37329919750184815242024-01-26T03:50:00.000-05:002024-01-26T03:50:00.051-05:00WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?<p> </p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: Verdana, sans-serif;">*
Kay Bell does a good job of identifying “<a href="http://www.dontmesswithtaxes.com/2024/01/tax-statements-you-need-to-file-your-2023-return.html " target="_blank"><b><span style="color: #2b00fe;">Tax statements you need to file your 2023 return</span></b></a>” at DON’T MESS WITH TAXES.</span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: Verdana, sans-serif;"><span style="color: #212529;">* And Kay reports “</span><a href="http://www.dontmesswithtaxes.com/2024/01/irs-offers-guidance-on-how-to-answer-the-tax-return-digital-assets-question.html " target="_blank"><b><span style="color: #2b00fe;">IRS offers guidance on how to answer the tax return digital assets question</span></b></a><span style="color: #212529;">”.</span></span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: Verdana, sans-serif;"><span style="color: #212529;"> </span><span style="color: #212529;">A new post at BOBSERVATIONS – “</span><a href="http://lakeregion.blogspot.com/2024/01/the-real-enemy-of-america.html " target="_blank"><b><span style="color: #2b00fe;">The Real Enemy of America</span></b></a><span style="color: #212529;">”.</span></span></p>
<p class="MsoNormal" style="background: white; mso-outline-level: 1; text-align: justify;"><span style="font-family: Verdana, sans-serif;">* From the IRS - “<a href="http://www.irs.gov/newsroom/irs-connecticut-taxpayers-impacted-by-storms-qualify-for-tax-relief-various-deadlines-postponed-to-june-17 " target="_blank"><b><span style="color: #2b00fe;">Connecticut taxpayers impacted by storms qualify for tax relief; various deadlines postponed to June 17</span></b></a>” -</span></p>
<p class="MsoNormal" style="background: white; mso-outline-level: 1; text-align: justify;"><span style="color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">“<i>The Internal Revenue Service announced today tax relief for
individuals and businesses in parts of Connecticut affected by severe storms,
flooding and a potential dam breach that began on Jan. 10.</i></span></p>
<p class="MsoNormal" style="background: white; mso-outline-level: 1; text-align: justify;"><i><span style="color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">These taxpayers now have until June 17, 2024, to file various
federal individual and business tax returns and make tax payments.</span></i></p>
<p class="MsoNormal" style="background: white; mso-outline-level: 1; text-align: justify;"><i><span style="color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">The IRS is offering relief to any area designated by the Federal
Emergency Management Agency (FEMA). Currently, this includes New London County,
including the Mohegan Tribal Nation and Mashantucket Pequot Tribal Nation.
Individuals and households that reside or have a business in these localities
qualify for tax relief</span></i><span style="color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">.”</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;">*
FYI - my weekly NATP online newsletter told me “TurboTax Advertising Found to
be Deceptive” -</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;">“<i>The
Federal Trade Commission (FTC) issued an opinion and final order finding that
Intuit Inc., which owns TurboTax, engaged in <b>deceptive advertising when it
ran ads for “free” tax products and services for which some consumers were
ineligible</b>. The decision upholds an administrative law judge's opinion that
Intuit violated the FTC Act by engaging in deceptive advertising</i>.”</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;">TTFN<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-65667847300822880602024-01-02T03:00:00.004-05:002024-01-02T03:00:00.170-05:00VERY IMPORTANT!<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgIIFaNzZ7NBKp6bAhrWR2ekIN1ykTn1eR9vWP6QNzvQx7_Yk4LUO4mEBS1W8fPjkuw137h9WfhpOsBCp_PTAkptLWAL1obypQ8aYIu-3u94jXRsggmlKQtDnUK6PNMLajDVqlHWYmugw7pkJZXQCNSnov_1rQKs2QgY74LxexReWoRzLAVXSN3fd4pVB0" style="margin-left: 1em; margin-right: 1em;"><img data-original-height="630" data-original-width="630" height="400" src="https://blogger.googleusercontent.com/img/a/AVvXsEgIIFaNzZ7NBKp6bAhrWR2ekIN1ykTn1eR9vWP6QNzvQx7_Yk4LUO4mEBS1W8fPjkuw137h9WfhpOsBCp_PTAkptLWAL1obypQ8aYIu-3u94jXRsggmlKQtDnUK6PNMLajDVqlHWYmugw7pkJZXQCNSnov_1rQKs2QgY74LxexReWoRzLAVXSN3fd4pVB0=w400-h400" width="400" /></a></div><br /><p></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><b>America has never been in more danger than it is
today.</b></span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;">Trump, his mindless followers, and his Republican
enablers pose the greatest threat to American freedom and democracy in our
country’s history.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;">Trump is a totally worthless piece of excrement,</span>
<span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;">completely
devoid of humanity, integrity, and honor, who does not possess a single
redeeming positive human quality, and who has never performed a single totally
unselfish positive act in his entire adult life.<span style="mso-spacerun: yes;"> </span><b>In the history of our country no one single
individual has done more damage to America, the American people, American values,
and American democracy than Donald Trump.</b></span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;">Today’s Republican Party has totally embraced Trump
and his lies, crimes and treason and is completely controlled by the racist and
repressive so-called “Evangelicals” of the Religious Right.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;">If Trump is returned to the White House and/or if
Republicans are allowed to take control of both houses of Congress and local
state legislatures it will truly be <b>the end of America as we know it.</b><span style="mso-spacerun: yes;"> </span>Of this I have no doubt.</span></p>
<p class="MsoNormal" style="text-align: justify;"><b><i><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;">There is not now. nor has there
ever been, an intelligent or acceptable reason for any American to support
Trump for any political office.</span></i></b><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><span style="mso-spacerun: yes;"> </span>Any person
who continues to support Trump for President is either a moron, a racist, bigot
or white supremacist, has no conscience – or, like Trump himself, all three.<span style="mso-spacerun: yes;"> </span>And a traitor.</span></p>
<p class="MsoNormal" style="text-align: justify;"><b><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;">It is vitally important for the future of America that
we defeat <i><span style="color: #0000cc;">every</span></i><span style="color: #0000cc;"> </span>Republican candidate for <i><span style="color: #0000cc;">every</span></i> office in <i><span style="color: #0000cc;">every</span>
</i>election at <i><span style="color: #0000cc;">every</span></i> level in 2024.</span></b></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;">TTFN<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif; mso-bidi-font-family: Arial;"><br /></span></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-55040084237411961392024-01-01T04:00:00.008-05:002024-01-01T04:00:00.129-05:00HAPPY NEW YEAR!<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjKH91Yv95RRCiVXqr-2mzQMGHQjg-JEwULyLvTLGgOIQ-YghfErbSlysG99rIgFoQHJpYzn9cruv2UOXzCBTXxpHERuqqTxUU8yRzwZmMwfgjUdiKA7hSb99-VWR3jLGGvjZX5djKJQNn_OLIr_NxG-S19HEhU4ZUr2fJ3MkuIhZxy7FqMDAu6Dv_1XIA" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="780" data-original-width="1300" height="192" src="https://blogger.googleusercontent.com/img/a/AVvXsEjKH91Yv95RRCiVXqr-2mzQMGHQjg-JEwULyLvTLGgOIQ-YghfErbSlysG99rIgFoQHJpYzn9cruv2UOXzCBTXxpHERuqqTxUU8yRzwZmMwfgjUdiKA7hSb99-VWR3jLGGvjZX5djKJQNn_OLIr_NxG-S19HEhU4ZUr2fJ3MkuIhZxy7FqMDAu6Dv_1XIA" width="320" /></a></div><br /><p></p><p style="text-align: center;"><span style="font-family: verdana; font-size: large;">MAY 2024 BRING</span></p><p style="text-align: center;"><span style="font-family: verdana; font-size: large;">HEALTH AND HAPPINESS,</span></p><p style="text-align: center;"><span style="font-family: verdana; font-size: large;">PEACE AND PROSPERITY,</span></p><p style="text-align: center;"><span style="font-family: verdana; font-size: large;"><i>AND LONG PRISON TERMS FOR TRUMP!</i></span></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-91751574422282164162023-12-30T05:34:00.008-05:002023-12-30T05:39:19.691-05:00WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?<p> </p><p class="MsoNormal"><span face=""Verdana",sans-serif">The last BUZZ
of 2023.</span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span face="Verdana, sans-serif">*
The IRS tells us “</span><span face="Verdana, sans-serif" style="background-color: transparent; font-size: 11pt; text-align: left;"><a href="http://www.irs.gov/newsroom/irs-tennessee-taxpayers-impacted-by-storms-and-tornadoes-qualify-for-tax-relief-various-deadlines-postponed-to-june-17 " target="_blank"><b><span style="color: #2b00fe;">Tennessee taxpayers impacted by storms and tornadoes qualify for tax relief; various deadlines postponed to June 17</span></b></a></span><span face="Verdana, sans-serif">” -</span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span face=""Verdana",sans-serif" style="color: #1b1b1b; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">“<i>The Internal Revenue
Service today provided tax relief for individuals and businesses in parts of
Tennessee affected by severe storms and tornadoes that began on Dec. 9.</i></span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><i><span face=""Verdana",sans-serif" style="color: #1b1b1b; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">These taxpayers now have
until June 17, 2024, to file various federal individual and business tax
returns and make tax payments.</span></i></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><i><span face=""Verdana",sans-serif" style="color: #1b1b1b; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">The IRS is offering relief
to any area designated by the </span></i><span style="color: black; mso-color-alt: windowtext;"><a href="https://www.fema.gov/" title="FEMA - Federal Emergency Management Agency"><b><i><span face=""Verdana",sans-serif" style="color: #0000cc; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">Federal Emergency
Management Agency (FEMA)</span></i></b></a></span><i><span face=""Verdana",sans-serif" style="color: #1b1b1b; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">. Currently, this includes Davidson, Dickson,
Montgomery, and Sumner counties. Individuals and households that reside or have
a business in these counties qualify for tax relief.</span></i></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><i><span face=""Verdana",sans-serif" style="color: #1b1b1b; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">The same relief will be
available to any other Tennessee localities added later to the disaster area.
The current list of eligible localities is always available on the </span></i><span style="color: black; mso-color-alt: windowtext;"><a href="https://www.irs.gov/newsroom/tax-relief-in-disaster-situations" title="Tax relief in disaster situations"><b><i><span face=""Verdana",sans-serif" style="color: #0000cc; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">disaster relief</span></i></b></a></span><i><span face=""Verdana",sans-serif" style="color: #1b1b1b; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"> page on IRS.gov.</span></i><span face=""Verdana",sans-serif" style="color: #1b1b1b; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">”</span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span face="Verdana, sans-serif"><span style="color: #212529;">* Kay Bell, the yellow
rose of taxes, lists “</span><a href=" https://www.dontmesswithtaxes.com/2023/12/tax-smart-ways-to-contribute-to-charities.html" target="_blank"><b><span style="color: #2b00fe;">6 tax-smart ways to make year-end charitable contributions</span></b></a><span style="color: #212529;">” at DON’T MESS WITH TAXES.</span></span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span face="Verdana, sans-serif"><span style="color: #212529;"> </span><span style="color: #212529;">And Kay also reviews some “</span><a href="http://www.dontmesswithtaxes.com/2023/12/december-31-tax-timing-situations.html " target="_blank"><b><span style="color: #2b00fe;">December 31 tax timing situations</span></b></a><span style="color: #212529;">”.</span></span></p>
<p class="MsoNormal" style="background: white; mso-outline-level: 1; text-align: justify;"><span face="Verdana, sans-serif">* Russ Fox presents “<a href=" http://www.taxabletalk.com/2023/12/29/the-2023-tax-offender-of-the-year/ " target="_blank"><b><span style="color: #2b00fe;">The 2023 Tax Offender of the Year</span></b></a>” award at
TAXABLE TALK.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span face=""Verdana",sans-serif">*
Click <a href="http://www.irs.gov/about-irs/strategic-plan/direct-file#participating-states " target="_blank"><b><span style="color: #2b00fe;">here</span></b></a> to learn about the new IRS Direct File program and to see if you
qualify to use this new tool to prepare and submit your 2023 income tax returns
directly to the IRS without using outside software or vendors.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span face=""Verdana",sans-serif">TT
-TNY<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Verdana",sans-serif"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Verdana",sans-serif"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Verdana",sans-serif"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Verdana",sans-serif"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Verdana",sans-serif"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Verdana",sans-serif"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Verdana",sans-serif"><br /></span></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-14390046385270759802023-12-25T04:00:00.009-05:002023-12-25T04:00:00.134-05:00MARRY CHRISTMAS!<p style="text-align: center;"> <a href="https://www.youtube.com/watch?v=mkMMEMy4t6Q"><span style="font-family: verdana; font-size: large;">Have Yourself A Merry Little Christmas - YouTube</span></a></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p><p style="text-align: center;"><br /></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-73846633230538070402023-12-15T05:44:00.002-05:002023-12-15T05:44:16.998-05:00WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?<p> </p><div style="text-align: justify;"><span style="font-family: Verdana, sans-serif;">*
<span style="color: black;"> </span>Russ Fox is looking for “<a href="http://www.taxabletalk.com/2023/12/08/nominations-due-for-2023-tax-offender-of-the-year " target="_blank"><b><span style="color: #2b00fe;">Nominations Due for 2023 Tax Offender of the Year</span></b></a>” at TAXABLE TALK –<br /></span><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">“<i>To qualify, the
winner has to do more than cheating on his or her taxes; he or she needed to
really cheat or have committed a series of Bozo-like actions</i>.”<br /></span><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><o:p> <br /></o:p></span><span style="font-family: Verdana, sans-serif;"><span style="color: #212529;">* Kay Bell lists some “</span><a href="http://www.dontmesswithtaxes.com/2023/12/items-to-add-to-your-year-end-medical-fsa-shopping-list.html " target="_blank"><b><span style="color: #2b00fe;">Items to add to your year-end medical FSA shopping list</span></b></a><span style="color: #212529;">” at DON’T MESS WITH TAXES.</span><br /></span><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><o:p> <br /></o:p></span><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">An employer sponsored
health expense Flexible Spending Account (FSA) is “use it or lose it” in
nature.<span style="mso-spacerun: yes;"> </span>Unused funds set aside in your FSA
are lost if not spent prior to the plan deadline – often December 31<sup>st</sup>.<br /></span><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><span style="mso-spacerun: yes;"> <br /></span></span><span style="font-family: Verdana, sans-serif;">* Speaking of medical expense FSAs, the IRS reports “<a href="http://www.irs.gov/newsroom/irs-2024-flexible-spending-arrangement-contribution-limit-rises-by-150-dollars " target="_blank"><b><span style="color: #2b00fe;">2024 Flexible Spending Arrangement contribution limit rises by $150</span></b></a>”.<br /> </span><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="font-family: "Verdana",sans-serif;">*
And the “<a href="https://www.irs.gov/newsroom/irs-issues-standard-mileage-rates-for-2024-mileage-rate-increases-to-67-cents-a-mile-up-1-point-5-cents-from-2023" target="_blank"><b><span style="color: #2b00fe;">IRS issues standard mileage rates for 2024; mileage rate increases to 67 cents a mile, up 1.5 cents from 2023</span></b></a>” -<br /></span><span style="font-family: "Verdana",sans-serif;"><span style="mso-spacerun: yes;"> <br /></span></span><span style="font-family: "Verdana",sans-serif;">“<i>Beginning
on Jan. 1, 2024, the standard mileage rates for the use of a car (also <a name="_Hlk153441999">vans, pickups or panel trucks</a>) will be:<br /><o:p></o:p></i></span><i><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span></i><i><span style="font-family: "Verdana",sans-serif;">67
cents per mile driven for business use, up 1.5 cents from 2023.<br /></span></i><i><span style="font-family: "Verdana",sans-serif;">21
cents per mile driven for medical or moving purposes for qualified active-duty
members of the Armed Forces, a decrease of 1 cent from 2023.<br /></span></i><i><span style="font-family: "Verdana",sans-serif;">14
cents per mile driven in service of charitable organizations; the rate is set
by statute and remains unchanged from 2023.<br /></span></i><i><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span></i><i><span style="font-family: "Verdana",sans-serif;">These
rates apply to electric and hybrid-electric automobiles as well as gasoline and
diesel-powered vehicles</span></i><span style="font-family: "Verdana",sans-serif;">.”<br />
<o:p></o:p></span><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="font-family: "Verdana",sans-serif;">TTFN</span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div>
Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-82227974120140245702023-12-08T04:12:00.004-05:002023-12-08T04:12:24.066-05:002023 NEW JERSEY FORMS AVAILABLE ONLINE<p> </p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: Verdana, sans-serif;">The
NJ Division of Taxation has released the 2023 state income tax forms and
instructions - including the 2023 NJ-1040 and instruction booklet.<span style="color: black;"> </span>Click <a href="http://www.nj.gov/treasury/taxation/prntgit.shtml " target="_blank"><b><span style="color: #2b00fe;">here</span></b></a>.<span style="color: black;"> </span></span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">The only changes to the NJ-1040
for 2023 that I can find involve the Shared Responsibility Payment.<span style="mso-spacerun: yes;"> </span>Line 53 now becomes Lines 53(a) – 53(c).</span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: Verdana, sans-serif;"><span style="color: #212529;">Click </span><a href="http://www.nj.gov/treasury/taxation/new2023.shtml " target="_blank"><b><span style="color: #2b00fe;">here</span></b></a><span style="color: #212529;"> for a web page
identifying the state income tax changes for 2023.<o:p></o:p></span></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">TTFN</span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><br /></span></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-45839190414416102122023-12-04T04:15:00.004-05:002023-12-04T04:15:44.420-05:00THIS JUST IN - 2023 FORM 1040 AND 1040-SR RELEASED<p> </p><div style="text-align: justify;"><span style="font-family: Verdana, sans-serif;">The IRS has
released the 2023 <a href="http://www.irs.gov/pub/irs-pdf/f1040.pdf" target="_blank"><b><span style="color: #2b00fe;">Form 1040</span></b></a> and <a href="http://www.irs.gov/pub/irs-pdf/f1040s.pdf " target="_blank"><b><span style="color: #2b00fe;">Form 1040-SR</span></b></a>.</span></div><div style="text-align: justify;"><span style="font-family: Verdana, sans-serif;"><br /></span><span style="font-family: Verdana, sans-serif;">There doesn’t seem
to be any change from the draft forms issued several months ago.<span style="mso-spacerun: yes;"> </span>As I said in a BUZZ post at the time –</span></div><div style="text-align: justify;"><span style="font-family: Verdana, sans-serif;"><br /></span><span style="font-family: Verdana, sans-serif;">“<i>The only
difference I see between the 2023 and 2022 forms is the placement and
formatting of the Filing Status section.<span style="mso-spacerun: yes;">
</span>Instead of on top of the forms this section is now below the section for
names, numbers, and address.</i></span></div><div style="text-align: justify;"><span style="font-family: Verdana, sans-serif;"><i><br /></i></span><i><span style="font-family: Verdana, sans-serif;">This is a good
change – making the flow of the forms more rational.</span></i></div><div style="text-align: justify;"><i><span style="font-family: Verdana, sans-serif;"><br /></span></i><i><span style="font-family: Verdana, sans-serif;">Lines 1a through
1i, listing truly, in my historical experience, obscure sources of income
remain on the 2023 versions, and the change in the Filing Status formatting
makes Page 1 of the 1040 almost an actual full 8½ x 11 page, although Page 2
remains abbreviated</span></i><span style="font-family: Verdana, sans-serif;">.”</span></div><div style="text-align: justify;"><span style="font-family: Verdana, sans-serif;"><br /></span><span style="background: white; font-family: Verdana, sans-serif;">The 2023 Schedules 1 – 3
are not yet released – but 2023 Schedules A, B, C, and SE are.<span style="color: black;"> </span>Click <a href="https://www.irs.gov/forms-instructions-and-publications" target="_blank"><b><span style="color: #2b00fe;">here</span></b></a>.</span></div><div style="text-align: justify;"><span style="background: white; font-family: Verdana, sans-serif;"><br /></span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">TTFN</span></div>
<p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-45988211537300691922023-12-01T03:49:00.004-05:002023-12-01T03:49:50.260-05:00WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?<p> </p><p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: Verdana, sans-serif;">*
Oi vey!<span style="color: black;"> </span>Kelly Phillips Erb tells us “<a href="http://www.forbes.com/sites/kellyphillipserb/2023/11/27/irs-still-has-millions-of-returns-to-process-as-next-tax-season-approaches/?sh=577136b5695c " target="_blank"><b><span style="color: #2b00fe;">IRS Still Has Millions Of Returns To Process As Next Tax Season Approaches</span></b></a>” at
FORBES.COM –</span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">“<i>The agency says that
it has processed all paper and electronic individual returns received before
October 2023. Additionally, the agency claims it is opening mail within normal
time frames. This means, they say, that all individual returns received for the
tax year 2021 or earlier have been processed—if those returns had no errors or
did not require further review.</i></span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><i><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">By the numbers, as of
Nov. 11, 2023, the agency had 953,000 unprocessed individual returns (Forms
1040). These include tax years 2022 and 2021 returns that need review or
correction and late filed prior year returns</span></i><span style="color: #212529; font-family: "Verdana",sans-serif; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">.”</span></p>
<p class="MsoNormal" style="background: white; text-align: justify;"><span style="font-family: Verdana, sans-serif;"><span style="color: #212529;">* To celebrate Cyber
Monday “</span><a href="http://www.irs.gov/newsroom/irs-security-summit-partners-launch-2023-national-tax-security-awareness-week-focusing-on-holiday-scams-protecting-personal-information-as-tax-season-nears " target="_blank"><b><span style="color: #2b00fe;">IRS, Security Summit partners launch 2023 National Tax Security Awareness Week focusing on holiday scams, protecting personal information as tax season nears</span></b></a><span style="color: #212529;">”.</span></span></p>
<p class="MsoNormal" style="background: white; mso-outline-level: 1; text-align: justify;"><span style="font-family: Verdana, sans-serif;">* The Service follows up on security by announcing “<a href="http://www.irs.gov/newsroom/irs-supports-international-efforts-to-fight-fraud-during-charity-fraud-awareness-week " target="_blank"><b><span style="color: #2b00fe;">IRS supports international efforts to fight fraud during Charity Fraud Awareness Week</span></b></a>”.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;">*
The firm of MEYERS BROTHERS AND KALICK gives us “<a href="http://www.mbkcpa.com/substantiating-business-expenses-a-primer " target="_blank"><b><span style="color: #2b00fe;">Substantiating Business Expenses: A Primer</span></b></a>” –</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;">“<i>Businesses
can generally deduct their “ordinary and necessary” business expenses. But even
if an expense is legitimate, it’s not deductible unless it’s adequately
substantiated</i>.”</span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;">* The FI TAX GUY explains how to "<a href="http://fitaxguy.com/retire-on-72t-payments" target="_blank"><b><span style="color: #2b00fe;">Retire On 72(T) Payments</span></b></a>".</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;">TTFN<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-350087233562714142023-11-27T03:00:00.001-05:002023-11-27T03:00:00.135-05:00THE 40th ANNUAL CHRISTMAS PRICE INDEX<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEh5zk87869c-puVY_0Fpoc14fBxE2-JKo-EvnktwNgem4sP_pfqg_2CwmYQkz359tpBO3hfFbd_W69-P1U2gXyNw2qXOpxiBt5Q9l5F-bkGQGrPIFysncSiYErOdHquBzz80p8R38DyPIy-KOIKA9ePUpAEVOOfiyoiEQMjj6C93hyxDM_Oj40avGeWVts" style="margin-left: 1em; margin-right: 1em;"><img data-original-height="1761" data-original-width="2480" height="284" src="https://blogger.googleusercontent.com/img/a/AVvXsEh5zk87869c-puVY_0Fpoc14fBxE2-JKo-EvnktwNgem4sP_pfqg_2CwmYQkz359tpBO3hfFbd_W69-P1U2gXyNw2qXOpxiBt5Q9l5F-bkGQGrPIFysncSiYErOdHquBzz80p8R38DyPIy-KOIKA9ePUpAEVOOfiyoiEQMjj6C93hyxDM_Oj40avGeWVts=w400-h284" width="400" /></a></div><br /><p></p><div style="text-align: justify;"><span style="font-family: Verdana, sans-serif;">PNC Bank has released it’s <a href="http://www.pnc.com/en/about-pnc/topics/pnc-christmas-price-index.html#about " target="_blank"><b><span style="color: #2b00fe;">40th annual Christmas Price Index</span></b></a>®.<br /></span><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">Fellow tax blogger Kelly Phillips Erb explains -<br /></span><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">“</span><i><span style="background: white; color: #1b1b1b; font-family: "Verdana",sans-serif;">The PNC CPI is a light-hearted take on the
Bureau of Labor Statistics’ CPI, which measures the change in prices consumers
could expect to pay for True Love's gifts, outlined in the classic holiday
carol, "The Twelve Days of Christmas." It’s calculated using a method
similar to the government's consumer price index (CPI). The PNC CPI edged up
2.7%, noticeably lower than last year's hefty 10.5% increase and slightly less
than the CPI topline, which is at 3.2% year over year</span></i><span style="background: white; color: #1b1b1b; font-family: "Verdana",sans-serif;">.”<br /><o:p></o:p></span><span style="background: white; color: #1b1b1b; font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="background: white; color: #1b1b1b; font-family: "Verdana",sans-serif;">It all started 40 years ago as a way to engage clients of PNC’s
predecessor, Provident National Bank in Philadelphia, during the traditionally
light holiday weeks. What hatched as the creative brainchild of the bank’s
then-chief economist has since grown into one of PNC’s most popular and
anticipated economic reports.</span></div><div style="text-align: justify;"><span style="background: white; color: #1b1b1b; font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: #1b1b1b; font-family: "Verdana",sans-serif;">Here is a comparison of the 2023 and 2022 Christmas Price Index -<br /></span><span style="background: white; color: #1b1b1b; font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="color: black; mso-color-alt: windowtext; mso-no-proof: yes;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEhkEIXSlNgQ7dqFJoK7fYdILgBVintsoTx55PfgxkUEbbgnBjAS_Qy8pOSIkmnUR8bXCtLr787XNiQw-UwNLd3_Fhh1DreDjwBQf96MoE5BN6zYMUeLah2WmfUKCET5wKRfgfUBxC5wr8S8acwrFjEBqMOcJcSZodgbiygh7vfhez5n_oc8_6GJ5rg8Fzs" style="margin-left: 1em; margin-right: 1em;"><img data-original-height="1208" data-original-width="975" height="400" src="https://blogger.googleusercontent.com/img/a/AVvXsEhkEIXSlNgQ7dqFJoK7fYdILgBVintsoTx55PfgxkUEbbgnBjAS_Qy8pOSIkmnUR8bXCtLr787XNiQw-UwNLd3_Fhh1DreDjwBQf96MoE5BN6zYMUeLah2WmfUKCET5wKRfgfUBxC5wr8S8acwrFjEBqMOcJcSZodgbiygh7vfhez5n_oc8_6GJ5rg8Fzs=w323-h400" width="323" /></a></div><br /><br /></span><span style="font-family: "Verdana",sans-serif;">As
you see, the biggest jump in price is the two turtle doves.<span style="mso-spacerun: yes;"> </span>The turtle doves are rare and experienced
this year's largest percentage increase at an eye-popping 25% due to limited
supply.<br /></span><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="font-family: "Verdana",sans-serif;">Once
again, the most expensive item on the list is the 10 lords a leaping – a 4% increase
from last year.<span style="mso-spacerun: yes;"> </span>Continued proof that leaping
lords have a much better union than musicians (although the musicians did get a
higher raise – 6%).<br /></span><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="font-family: "Verdana",sans-serif;">TTFN</span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></div>
Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-66682792148406719702023-11-24T08:15:00.001-05:002023-11-24T08:15:06.136-05:00WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?<p> </p><p style="background: white; mso-outline-level: 1; text-align: justify;"><span style="font-family: Verdana, sans-serif;">* FYI - I have posted “<a href=" http://taxplanningresourcecenter.blogspot.com/p/what-is-new-in-taxes-for-2024.html" target="_blank"><b><span style="color: #2b00fe;">WHAT IS NEW IN TAXES FOR 2024</span></b></a>” (to date) at my TAX PLANNING RESOURCE CENTER. <span style="color: black;"> <br /></span></span><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="font-family: Verdana, sans-serif;">* Over at KIPLINGER.COM Daniel Rey warns “<a href="http://www.kiplinger.com/retirement/roth-conversion-dont-overlook-these-issues " target="_blank"><b><span style="color: #2b00fe;">Weighing a Roth Conversion? Don’t Overlook These Five Factors</span></b></a>”.<br /></span><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="font-family: Verdana, sans-serif;">* Some good news from the Service – “<a href="http://www.irs.gov/newsroom/irs-announces-delay-in-form-1099-k-reporting-threshold-for-third-party-platform-payments-in-2023-plans-for-a-threshold-of-5000-for-2024-to-phase-in-implementation " target="_blank"><b><span style="color: #2b00fe;">IRS announces delay in Form1099-K reporting threshold for third party platform payments in 2023; plans for a threshold of $5,000 for 2024 to phase in implementation</span></b></a>” -<br /></span><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="background: white; color: #1b1b1b; font-family: "Verdana",sans-serif;">“<i>Following feedback from taxpayers, tax professionals and payment
processors and to reduce taxpayer confusion, the Internal Revenue Service today
released </i></span><span style="color: black; mso-color-alt: windowtext;"><a href="https://www.irs.gov/pub/irs-drop/n-23-74.pdf" title="N-2023-74"><b><i><span style="background: white; color: #0000cc; font-family: "Verdana",sans-serif;">Notice
2023-74</span></i></b></a></span><b><i><span style="background: white; border: solid #00599C 1.0pt; color: #00599c; font-family: "Verdana",sans-serif; mso-border-alt: solid #00599C .75pt; padding: 2.0pt; text-transform: uppercase;">PDF</span></i></b><i><span style="background: white; color: #1b1b1b; font-family: "Verdana",sans-serif;"> announcing
a delay of the new $600 Form 1099-K reporting threshold for third party
settlement organizations for calendar year 2023</span></i><span style="background: white; color: #1b1b1b; font-family: "Verdana",sans-serif;">.”<br /><o:p></o:p></span><span style="background: white; color: #1b1b1b; font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="background: white; font-family: Verdana, sans-serif;"><span style="color: #1b1b1b;">* No surprise – New Jersey is #1 (the worst) on the list of “</span><a href="http://www.accountingtoday.com/list/20-states-with-the-highest-real-estate-property-taxes" target="_blank"><b><span style="color: #2b00fe;">The 20 worst states to be a property owner</span></b></a><span style="color: #1b1b1b;">” at ACCOUNTING TODAY.</span></span></p><p style="background: white; mso-outline-level: 1; text-align: justify;"><span style="background: white; color: #1b1b1b; font-family: "Verdana",sans-serif;"><br /></span><span style="background: white; color: #1b1b1b; font-family: "Verdana",sans-serif;"><o:p> </o:p></span><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgPaLzU8K926i0tj_wIXGTnE8-qL89xVp7l7Up58-Zm2o7huxWnJwMZbCbGTxtnmODgKhSaQaLdFQE_LanAsfx4CflMlrwrMz09FMzqe6Dm0VlTUnWDByblTM0p28dttsJn7R4t_I4kG3NWrqaPiIYCIf4nJoJ-YtsJb3Q9-tunCr0SJkXSxQkNWL_Kea8" style="clear: left; float: left; margin-bottom: 1em; margin-left: 1em;"><img data-original-height="363" data-original-width="634" height="229" src="https://blogger.googleusercontent.com/img/a/AVvXsEgPaLzU8K926i0tj_wIXGTnE8-qL89xVp7l7Up58-Zm2o7huxWnJwMZbCbGTxtnmODgKhSaQaLdFQE_LanAsfx4CflMlrwrMz09FMzqe6Dm0VlTUnWDByblTM0p28dttsJn7R4t_I4kG3NWrqaPiIYCIf4nJoJ-YtsJb3Q9-tunCr0SJkXSxQkNWL_Kea8=w400-h229" width="400" /></a><br /></p>
<p class="MsoNormal" style="background: white; mso-outline-level: 1; text-align: justify;"><br /></p>
<p class="MsoNormal" style="text-align: left;"><span style="font-family: "Verdana",sans-serif;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><br /></p><p class="MsoNormal" style="text-align: justify;"><br /></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;">*
Kay Bell celebrated the holiday with “<a href="https://www.dontmesswithtaxes.com/2023/11/5-tax-turkeys-to-avoid-this-year.html" target="_blank"><b><span style="color: #2b00fe;">5 tax turkeys to avoid this Thanksgiving and beyond</span></b></a>”.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;">TTFN<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><br /></span></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-45106777368134254392023-11-23T03:00:00.002-05:002023-11-23T03:00:00.166-05:00HAPPY THANKSGIVING!<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEisrRoLiU9mp6QT17sGBs9hGYEZkb7QdiQASG13kgxH-xTKDi2PWOzBMJZt4HPmmIY-HSidPs08BNpX5738gPvKRmul39eQCFomM3eBo3iUeY_OcoWzklBQXNhKgNz4_h_bKsub4LEcqoDCJyP_rAAk52wx4_W0m4XlrYBwmrOa869bqPA_zdzankj2t-k" style="margin-left: 1em; margin-right: 1em;"><img data-original-height="768" data-original-width="1024" height="300" src="https://blogger.googleusercontent.com/img/a/AVvXsEisrRoLiU9mp6QT17sGBs9hGYEZkb7QdiQASG13kgxH-xTKDi2PWOzBMJZt4HPmmIY-HSidPs08BNpX5738gPvKRmul39eQCFomM3eBo3iUeY_OcoWzklBQXNhKgNz4_h_bKsub4LEcqoDCJyP_rAAk52wx4_W0m4XlrYBwmrOa869bqPA_zdzankj2t-k=w400-h300" width="400" /></a></div><br /><p></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-55166892609888693472023-11-18T03:00:00.010-05:002023-11-18T03:00:00.171-05:00<div style="text-align: justify;"><span style="font-size: large;"><span style="font-family: Verdana, sans-serif; text-align: justify;">Today
I celebrate my 70</span><sup style="font-family: Verdana, sans-serif; text-align: justify;">th</sup><span style="font-family: Verdana, sans-serif; text-align: justify;"> birthday.<br /></span><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="font-family: "Verdana",sans-serif;">One
of the things I am most proud of is the fact that I have vocally and
aggressively opposed and denounced ignorant, incompetent, and corrupt
narcissist, sociopath, and demagogue Donald Trump since he first announced his
candidacy in 2015.<br /></span><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="font-family: "Verdana",sans-serif;">In
a letter to the editor published in my local newspaper in July of 2015 I wrote –
“<i>Perhaps the most disturbing development in American politics in my lifetime
(and I am 63) is the fact that tonsorially challenged Donald Trump is taken
seriously as a Presidential candidate</i>.”<br /></span><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="font-family: "Verdana",sans-serif;">I
have always very seriously and sincerely believed that it is literally
impossible for any intelligent person to support Trump for any office of
political power at any level.<span style="mso-spacerun: yes;"> </span>Anybody
who listens to Trump or reads his posts and supports him for President is a
complete moron.<br /></span><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="font-family: "Verdana",sans-serif;">The
most important thing we can do to protect America, American freedom and
democracy, and true American values is to make sure Trump is never returned to
the White House.<br /></span><span style="font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="font-family: "Verdana",sans-serif;">And
make sure Trump is prosecuted, convicted, and incarcerated for his multitude of
crimes.</span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;">TTFN</span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span></div><div style="text-align: justify;"><span style="font-family: "Verdana",sans-serif;"><span style="font-size: large;"><br /></span></span><span style="font-family: "Verdana",sans-serif;"><o:p> </o:p></span></div>
Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-11810987308067451222023-11-17T03:00:00.020-05:002023-11-17T03:00:00.151-05:00BIRTHDAY BOOK OFFER<div style="text-align: center;"><div style="text-align: justify;"> </div><span style="font-family: "Verdana",sans-serif;"><div style="text-align: justify;">In
honor of my upcoming 70<sup>th</sup> birthday I am offering my books THE JOY OF
AVOIDING TAXES and THE JOY OF AVOIDING NEW JERSEY TAXES for <b>70%</b> of the cover
price – a<b> 30% discount</b> – on all orders <b>postmarked</b> between
November 18 and December 17, 2023.</div></span><span style="font-family: "Verdana",sans-serif;"><div style="text-align: justify;"> </div></span><span style="font-family: "Verdana",sans-serif;"><div style="text-align: justify;">During
this period THE JOY OF AVOIDING TAXES will be <b>only $7.88</b> plus $3.60
postage (total $11.48) and THE JOY OF AVOIDING NJ TAXES will be <b>only $8.65</b>
plus $3.60 postage (total $12.25). <b>The
cost will be repaid many times over in federal and state income tax savings</b>.</div></span><span style="font-family: "Verdana",sans-serif;"><div style="text-align: justify;"> </div></span><span style="font-family: "Verdana",sans-serif;"><div style="text-align: justify;">For
more information on these books click here for <a href="http://robertdflach.blogspot.com/p/the-joy-of-avoiding-taxes.html " target="_blank"><b><span style="color: #2b00fe;">THE JOY OF AVOIDING TAXES</span></b></a> and
here for <a href="http://robertdflach.blogspot.com/p/the-joy-of-avoiding-new-jersey-taxes.html " target="_blank"><span style="color: #2b00fe;"><b>THE JOY OF AVOIDING NJ TAXES</b>.</span></a> These
books make great Christmas gifts.</div></span><span style="font-family: "Verdana",sans-serif;"><div style="text-align: justify;"> </div></span><span style="font-family: "Verdana",sans-serif;"><div style="text-align: justify;">Send
your check or money order, payable to TAXES AND ACCOUNTING, INC, and your
postal address to –</div></span><span style="font-family: "Verdana",sans-serif;"><div style="text-align: justify;"> </div></span><span style="font-family: "Verdana",sans-serif;"><div style="text-align: center;">TAXES AND ACCOUNTING INC</div></span><span style="font-family: "Verdana",sans-serif;"><div style="text-align: center;">BIRTHDAY BOOK OFFER</div></span><span style="font-family: "Verdana",sans-serif;"><div style="text-align: center;">POST OFFICE BOX A</div></span><span style="font-family: "Verdana",sans-serif;"><div style="text-align: center;">HAWLEY PA 18428</div></span><span style="font-family: "Verdana",sans-serif;"><div style="text-align: justify;"> </div></span><span style="font-family: "Verdana",sans-serif;"><div style="text-align: justify;">TTFN</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><br /></div></span></div>
Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-11932525905108640182023-11-13T03:00:00.001-05:002023-11-13T03:00:00.153-05:00TIMING IS EVERYTHING<div style="text-align: justify;"> <br /><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">To repeat - timing is
everything.<span style="mso-spacerun: yes;"> </span>Here are my thoughts on
tax-related timing.<br /></span><span style="background: white; font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">* Make your current year
contributions to a traditional or ROTH IRA, Coverdell Education IRA, Section
529 College Savings Account, of Health Savings Account on the first business
day of the year – usually January 2<sup>nd</sup>.<span style="mso-spacerun: yes;"> </span>Thanks to the “magic” of tax-free compounding,
by making your contributions on the first available day of the year you will
have substantially more in the accounts when you are ready to retire or when
you need money for education or medical costs.<br /> </span><span style="background: white; font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">* Take your RMDs
(Required Minimum Distributions) from retirement accounts as late as possible
in December.<span style="mso-spacerun: yes;"> </span>Again, to maximize tax-free
accrual.<br /></span><span style="background: white; font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">* If you know you will
be getting married during the year, change your withholding status with your
employer(s) to increase federal and state income tax withholding as soon as
possible.<span style="mso-spacerun: yes;"> </span>You may not be getting married
until the fall, but your tax status as married will be effective for the entire
year.<span style="mso-spacerun: yes;"> </span>If you know in 2023 you will be
getting married in 2024, no matter when in the year, change your withholding now
to be effective January 1, 2024. (Some related advice - if you change your last
name due to marriage immediately report the change to the Social Security
Administration).<br /></span><span style="background: white; font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">* If you experience a
“major life event” – any of the events listed below – contact your tax
professional as soon as possible to discuss the tax implications and plan
accordingly.<span style="mso-spacerun: yes;"> </span>Do not wait until you meet
with your preparer in February or March of the following year – it may be too
late to avoid penalty and interest.<br /></span><span style="background: white; font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">• you got married,
divorced, or become widowed<br /> </span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">• you had or adopted a
child<br /> </span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">• you changed jobs<br /> </span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">• your spouse started
working<br /></span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">• you have a substantial
increase or decrease in income<br /> </span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">• you have a substantial
gain from the sale of stocks or bonds<br /> </span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">• you bought or sold a
home or rental real estate<br /> </span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">• you started, acquired,
or sold a business<br /> </span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">• you retired<br /></span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">• you started to receive
Social Security benefits<br /></span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">• you made unplanned
withdrawals from an IRA or pension plan<br /></span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">• you received an
inheritance<br /></span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">• you received
correspondence from the IRS or a state tax agency<br /></span><span style="background: white; font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">Actually, you should
consult your, or a, tax professional BEFORE many of these events begin.<span style="mso-spacerun: yes;"> </span>For example, if you are beginning the process
of divorce, you should consult a tax professional for guidance in negotiating
the divorce agreement, any custody agreement, and the distribution of assets.<br /></span><span style="background: white; font-family: "Verdana",sans-serif;"><o:p> <br /></o:p></span><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;">TTFN</span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div><div style="text-align: justify;"><span style="background: white; color: black; font-family: "Verdana",sans-serif; mso-color-alt: windowtext;"><br /></span></div>
Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-1803853543674636752023-11-11T03:57:00.007-05:002023-11-11T03:57:00.143-05:00VETERANS DAY<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgfzKSYnIFoQIfSPBH6AIEz2U2zPh5jGEA1a7tYCpPhakV6hk4xcnnyF3UdCu6OofxD4HSwwKZnpsbUx3iH7YWmNEapX0rPR7gKSMRdXaUy1mNZ-j1tTv2rFBjWk6YaXimk2kRiJ2IZxeJ4M1He2pqXnr8f_dYJvoRkdmOjGqbK2CQiJavNIoIMQ50k1zM" style="margin-left: 1em; margin-right: 1em;"><img data-original-height="1000" data-original-width="1000" height="400" src="https://blogger.googleusercontent.com/img/a/AVvXsEgfzKSYnIFoQIfSPBH6AIEz2U2zPh5jGEA1a7tYCpPhakV6hk4xcnnyF3UdCu6OofxD4HSwwKZnpsbUx3iH7YWmNEapX0rPR7gKSMRdXaUy1mNZ-j1tTv2rFBjWk6YaXimk2kRiJ2IZxeJ4M1He2pqXnr8f_dYJvoRkdmOjGqbK2CQiJavNIoIMQ50k1zM=w400-h400" width="400" /></a></div><br /><p></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-75483080782121808862023-11-10T04:15:00.002-05:002023-11-10T04:15:17.482-05:00WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?<div style="background: white; mso-outline-level: 1; text-align: justify;"><span style="font-family: Verdana, sans-serif;">Hey – some BUZZ is better than no BUZZ.<br /></span><span style="font-family: "Verdana",sans-serif;"> <br /></span><span style="font-family: Verdana, sans-serif;">* Finally! IRS provides tax inflation adjustments for tax year 2024. Clich <a href="http://www.irs.gov/pub/irs-drop/rp-23-34.pdf " target="_blank"><b><span style="color: #2b00fe;">here</span></b></a>.<br /></span><span style="font-family: "Verdana",sans-serif;"> <br /></span><span style="font-family: Verdana, sans-serif;">* Kay Bell reminds us “<a href="http://www.dontmesswithtaxes.com/2023/11/republican-party-anti-irs-funding-efforts-aid-tax-cheats-cost-treasury.html " target="_blank"><b><span style="color: #2b00fe;">GOP anti-IRS efforts aid tax cheats, cost U.S. Treasury</span></b></a>”.<br /></span><span style="font-family: "Verdana",sans-serif;"> <br /></span><span style="font-family: Verdana, sans-serif;">No intelligent person could support today’s Republican Party.<br /></span><span style="font-family: "Verdana",sans-serif;"> <br /></span><span style="font-family: Verdana, sans-serif;">* At KIPLINGER.COM Joe F. Schmitz Jr warns “<a href="http://www.kiplinger.com/taxes/widows-penalty-how-to-prepare " target="_blank"><b><span style="color: #2b00fe;">Don’t Let the 'Widow's
Penalty' Blindside You: How to Prepare</span></b></a>” -<br /></span><span style="font-family: "Verdana",sans-serif;"> <br /></span><span style="font-family: Verdana, sans-serif;">“<i>The ‘widow’s penalty’ occurs when a person’s tax filing status
goes from married filing jointly to single. This change can cause the surviving
spouse to have to pay nearly double the taxes compared to what they were paying</i>.”<br /></span><span style="font-family: "Verdana",sans-serif;"> <br /></span><span style="font-family: Verdana, sans-serif; text-align: justify;">TTFN</span> </div>
Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-56877223979292627102023-11-07T03:00:00.024-05:002023-11-07T05:06:33.794-05:00VOTE!<p> </p><p></p><p></p><p class="MsoNormal" style="text-align: center;"><span face=""Verdana",sans-serif"><span style="font-size: x-large;">If
you vote Republican, you are voting for the end of America as we know it.</span></span></p><p class="MsoNormal" style="text-align: center;"><span face=""Verdana",sans-serif"><span style="font-size: x-large;">The greatest threat to America, the American people, democracy, and the Constitution is today's Republican Party.</span></span></p>
<p class="MsoNormal" style="text-align: center;"><span face=""Verdana",sans-serif"><span style="font-size: x-large;">It
is vital for the future of American freedom and democracy that you vote AGAINST
<b><i>every</i></b> Republican candidate for <b><i>every</i></b> office in <b><i>every</i></b> election at <b><i>every</i></b> level!</span><o:p></o:p></span></p><p class="MsoNormal" style="text-align: center;"><span face=""Verdana",sans-serif"><span style="font-size: large;"><br /></span></span></p><p class="MsoNormal" style="text-align: center;"><span face=""Verdana",sans-serif"><span style="font-size: large;"><br /></span></span></p><p class="MsoNormal" style="text-align: center;"><span face=""Verdana",sans-serif"><span style="font-size: large;"><br /></span></span></p><p class="MsoNormal" style="text-align: center;"><span face=""Verdana",sans-serif"><span style="font-size: large;"><br /></span></span></p><p class="MsoNormal" style="text-align: center;"><span face=""Verdana",sans-serif"><span style="font-size: large;"><br /></span></span></p><p class="MsoNormal" style="text-align: center;"><span face=""Verdana",sans-serif"><span style="font-size: large;"><br /></span></span></p><p class="MsoNormal" style="text-align: center;"><span face=""Verdana",sans-serif"><span style="font-size: large;"><br /></span></span></p><p class="MsoNormal" style="text-align: center;"><span face=""Verdana",sans-serif"><span style="font-size: large;"><br /></span></span></p><br /><p></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-23470728630466957582023-11-06T05:57:00.004-05:002023-11-06T05:57:27.820-05:00SAVVY TAX PLANNERS - A NEW SERIES<div style="text-align: justify;"><span style="font-family: verdana;"><br /></span><span style="font-family: verdana;"><span style="text-align: justify;">Septuagenarian rapper “Ineeda P” entertains at
local senior centers and assisted living facilities.</span><span style="text-align: justify;"> </span><span style="text-align: justify;">He is paid as an employee by an entertainment
booking agency and receives a Form W-2.<br /></span></span><span style="font-family: verdana;"> <br /></span><span style="font-family: verdana;">Despite being 74 Ineeda can contribute up to
$7,500 to an IRA. Thanks to the SECURE
Act beginning with tax year 2020 there is no age limit on making regular
contributions to traditional or Roth IRAs.
The only requirement is that you have earned income – such wages or net earnings
from self-employment.<br /></span><span style="font-family: verdana;"> <br /></span><span style="font-family: verdana;">Ineeda is confident he will earn enough to make
the maximum contribution each year. He
makes his contribution on the first business day of the year. So, he made his 2023 contribution of $7,500
on January 2, 2023.<br /></span><span style="font-family: verdana;"> <br /></span><span style="font-family: verdana;">Although Ineeda can, and does, continue to make
annual contributions to his IRA, because he was born before July 1 of 1949, he
must take a “Required Minimum Distribution” (RMD) from his traditional IRA
account each year.<br /></span><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;">TTFN</span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span><span style="font-family: verdana;"> </span></div>
Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0tag:blogger.com,1999:blog-6318055043707993918.post-10724044024374188032023-11-03T04:45:00.001-04:002023-11-03T04:45:53.933-04:00WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?<p class="MsoNormal" style="background: white; mso-outline-level: 1; text-align: justify;"><span style="font-family: Verdana, sans-serif;">* The IRS has released the 2024 inflation-adjusted numbers for pension
accounts. Click <a href="http://www.irs.gov/pub/irs-drop/n-23-75.pdf " target="_blank"><b><span style="color: #2b00fe;">here</span></b></a> for the details. </span></p><p class="MsoNormal" style="background: white; mso-outline-level: 1; text-align: justify;"><span style="font-family: Verdana, sans-serif;">The service is late in releasing other 2024 tax numbers.</span><span style="font-family: Verdana, sans-serif;"> </span><span style="font-family: Verdana, sans-serif;">I will let you know when they do. </span><span style="font-family: Verdana, sans-serif;"> </span></p>
<p class="MsoNormal" style="background: white; mso-outline-level: 1; text-align: justify;"><span style="font-family: Verdana, sans-serif;">* Speaking of retirement accounts, the F.I. TAX GUY provides a
primer on “<a href="http://fitaxguy.com/2024-ira-contributions-for-beginners " target="_blank"><b><span style="color: #2b00fe;">2024 IRA Contributions for Beginners</span></b></a>”.</span></p>
<p class="MsoNormal" style="background: white; mso-outline-level: 1; text-align: justify;"><span style="font-family: Verdana, sans-serif;">* An FYI. Are you ready to
retire and thinking about moving to another state? MOTLEY FOOL (via MSN) identifies “<a href="http://www.msn.com/en-us/money/retirement/13-states-that-won-t-tax-your-social-security-ira-or-401-k-retirement-income/ar-AA1j1Sau?ocid=msedgntp&pc=HCTS&cvid=34a3474e05204a088e584638b020d8ac&ei=11" target="_blank"><b><span style="color: #2b00fe;">13 States
That Won't Tax Your Social Security, IRA, or 401(k) Retirement Income</span></b></a>”.</span></p>
<p class="MsoNormal" style="background: white; mso-outline-level: 1; text-align: justify;"><span style="font-family: Verdana, sans-serif;"><span style="color: #1b1b1b;">* From the IRS website – “</span><a href="http://www.irs.gov/newsroom/irs-and-security-summit-offer-online-safety-tips-during-national-cybersecurity-awareness-month " target="_blank"><b><span style="color: #2b00fe;">IRS and Security Summit offer online safety tips during National Cybersecurity Awareness Month</span></b></a><span style="color: #1b1b1b;">”.</span></span></p>
<p class="MsoNormal"><span style="font-family: "Verdana",sans-serif;">* Another FYI,
this one from KIPLINGER.COM – “<a href="http://www.kiplinger.com/personal-finance/banking/savings/savings-bonds/603848/fight-inflation-with-series-i-bonds " target="_blank"><b><span style="color: #2b00fe;">I-Bond Rate Is 5.27% for Next Six Months</span></b></a>”.</span></p>
<p><span style="font-family: Verdana, sans-serif; text-align: justify;">TTFN</span> </p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p>Robert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.com0