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Friday, December 13, 2024

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

 

* Of course, New Jersey is on the ten worst list in the Tax Foundation’s report of “The best and worst states for taxes in 2025”.

* Kay Bell offers some good advice in her recommendation of “10 tax moves to make this December” at DON’T MESS WITH TAXES.

* Not a tax issue, but Russ Fox reports on a development of interest to small business owners worth mentioning – “Corporate Transparency Act/BOI Reporting Enjoined Nationally by Texas Court”.

FYI – BOI reporting is NOT a tax form or tax report or tax issue, it is a legal form/issue.  If you are required to file this DO NOT expect or ask your tax pro to do it for you!  It ain’t part of his or her job.

* The 2024 Form 1040 and 1040-SR and Schedules are now available online at the IRS website.  Click here and enter Form 1040 at "FIND"

* And The 2024 NJ-1040 and instructions are also available online at the NJ Division of Taxation website.

THE LAST WORD

 With apologies to Jeff Foxworthy –

If you think Trump knows his arse from a hole in the ground about ANYTHING – you might be a moron.

If you think Trump cares one ounce about anyone or anything but himself – you might be a moron.

If you think Trump is an intelligent and acceptable choice for President – you might be a moron.

Forget might be – you ARE a moron!

TTFN












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