The Blog
Newsletter 2011
Benjamin Franklin once said that two things are inevitable in life: death and taxes.
And the nice thing about death is there’s no super committee leaving us all in
purgatory.
2011. It started with the aptly named Anthony Weiner proving to be just that.
Proving the adage, men will be men and boys will be congressmen. The [...]
Newsletter 2010
Benjamin Franklin said that two things were inevitable in life: death and taxes. And the nice thing about death is that you don’t need bipartisan cooperation.
2010. The year began with people singing the old depression hit “Brother Can You Spare a Dime?” and it ended with the country still out of tune.
The year started out with Sarah Palin abandoning her Alaska governorship. She thought lame duck were two four letter words. It ended with her living the American Dream… having her own reality show.
Liberals started their own Green Tea Party.
Mark Twain just had his autobiography published. One hundred years after his death. Jon Stewart has been compared to Twain. Of course, Mark Twain didn’t have a stable of comedy writers. Unless you want to count Samuel Clemens.
Once leader of the committee that writes tax law, Representative Charlie Rangel, learned how long it takes to fully depreciate a political career.
Bristol Palin proved the old political adage. Republicans can’t dance but they can sure vote. As a counter political move, Michelle Obama tried out for American Idol.
Scream 5 came out before Scream 4. Scream 4 actors David Arquette and Courtney Cox are separating.
Comic We had to Share
Check out this hilarious comic…
Newsletter 2009
Benjamin Franklin said that two things were inevitable in life: death and taxes. And the nice thing about death is that the Congress doesn’t debate it.
2009.A year so tough that many people wish that the Mayan calendar ended three years earlier.
Those of you using the Mayan calendar as an appointment book be sure [...]
Tax Links
Internal Revenue Service:
http://www.irs.ustreas.gov/formspubs/index.html
Franchise Tax Board:
http://www.ftb.ca.gov
State Payment Options for Individuals:
http://www.ftb.ca.gov/online/payment_choices.html
Employment Development Department:
http://www.edd.ca.gov
Request for State Disability:
http://www.edd.ca.gov/direp/dirq2501.htm
Unemployment Insurance Applications:
http://www.edd.ca.gov/uirep/uiappind.htm
Online Tax Payments:
http://www.officialpayments.com
Be Prepared
It’s easier than you think!
A little well directed energy can make doing your tax return less taxing. Here’s how….
Be Prepared: It’s easy. Keep everything. The most basic record keeping is “Brown Bagging”. Keep all your receipts (yes, even the grocery store) during the year and put them in a brown bag.
Get Organized: You don’t have [...]
It Pays to be sick..
Medical mileage rates are 19 cents a mile for the first six months of 2008 and 27 cents for the last six months. It’s the same for moving. You can not take a double deduction if you moved because you’re sick of L.A.
Property tax dedutibles: $500 if you’re single/$1000 if you’re married
STANDARD DEDUCTION FOR PROPERTY TAXES. If you own property but don’t itemize, you can take $500 of your property taxes if you’re single and $1,000 if you married off the top of your income. Perfect for older people and people who buy their home at the end of a tax year.
Teachable Moment
Educators can still take $250 of unreimbursed expenses as a deduction off the top of their income. Now, no more teachers’ dirty looks.
Leaving the Country to Work?
The foreign-earned income exclusion is $87,600 in 2008 and $91,400 in 2009. You have to stay out of the U.S. for 330 out of 365 days. Those of you who want to escape global warming and work at the South Pole are out of luck. It’s considered part of this country.