California Taxes – Tax Accountants – Tax Service in Los Angeles, California

2006. -The year started out with a couple of Republicans outing CIA agent Valerie Plame. And the year ended with the Republicans outing themselves.

Scientists have decided that Pluto wasn’t a planet anymore. Too small. I wish they would have decided that thirty-five years ago when I answered on my test: eight planets in our solar system. I guess I was ahead of my time.

Richard Hatch will be using all of his survivor skills while serving time for tax evasion. Alleged tax evader, Wesley Snipes may be following with his own sequel. Blade: San Quentin.

Speaking of taxes. Hollywood started the year with the Da Vinci Code based on the original novel of the same name. What isn’t known is that the book was originally going to be called the Da Vinci Tax Code. And the secret to be revealed was Jesus? filing status: married filing jointly.

Speaking of filing status. Alleged bigamist leader Warren Jeffries found himself on trial when one of his arranged marriages was discovered. The much older man involved filed, married filing jointly, and claimed the child credit because his wife was also a child.

Another reason to have your taxes done in Los Angeles: Scientists now say that pollution may be beneficial to provide shade when we are about to succumb to global warming. As Raymond Chandler should have written: L.A., 95 in the shade and what looks like shade turns out to be smog…(read more)

2005. It started with President Bush announcing that he had a pocketful of political currency and he pledged to spend it. Fortunately, he ended the year with a pocket full of lint.

This was the year of two Paris(es). Paris Hilton met Paris Latsis in Paris France and then they broke up in Paris, Texas. No wonder there was rioting in France.

It was a year full of earthquakes, tsunamis and hurricanes. It was like someone was standing on a roof looking heavenward and shouting, “bring it on.”

Dateline Hollywood; The Republicans started the year trying to “WALK THE LINE” and ended up like the movie “CRASH.”

The Democrats tried to be the “WEDDING CRASHERS” and ended up being “CHICKEN LITTLE.”

In New Orleans, Noah was seen weighing whether he should take two Democrats or two Republicans. He ended up kicking Ralph Nader overboard.

The “intelligent designers” have a point. Judging from our history, it’s hard to believe in evolution…(read more)

2004. The election campaign was the movie “The Never Ending Story” with no hope for a sequel.

It was the “Burning Bush” against the “Petrified Forrest.”

Lincoln and Douglas turned over in their respective graves during the debates.

At the end, the Republicans were playing “Dixie” while the Democrats were playing “Taps.”

Kerry was victorious. He goes home to a billionairess who can do “things” in 57 varieties. And they save millions of dollars because of Bush’s tax cuts with more to follow.

Bush has an interesting interpretation of the term “mandate.” He nominates Alberto Gonzales who believes in that a little bit of torture can be a good thing and that the Geneva Convention is like Santa Claus. It’s something for children and not to be taken seriously.

Merck and Company with Vioxx found a permanent cure for Arthritis. By the time the lawsuits are finished it will probably be called …And Company. They say John Edwards is available for litigation.

J. Lo broke up with Ben Affleck and married Marc Anthony. She is contemplating divorcing him and marrying herself. This could cause a constitutional crisis. From a tax standpoint, her status would be married filing double jointly.

The United States has rejected Ukraine’s poll results and Putkin turned around and rejected our 2000 election results. Their history books now have Gore as our president…(read more)

The year started out with America going to war because of “weapons of mass destruction” only to discover that Sadaam Hussein was hiding them in North Korea.

California started out the year with a wishy-washy Governor Davis relieved to have won his election. Wishy-washy? Shouldn’t the people have realized this before? His name is “Gray” for God’s sake. And then ended up with a governor who when he speaks there are subtitles underneath. At least we can now say that our governor can beat up your governor.

Arnold Schwarzenegger has given new meaning to the political expression “hands on” executive.

Scientists have somehow calculated that the sound of a black hole in outer space is 25,000 octaves below that of a piano. I prefer to think that it’s just Johnny Cash singing in heaven.

Capital gains is no longer an endangered species.

Hollywood is choosing sides in the upcoming presidential election. Republicans flock to “Master and Commander:Far Side of the World” while Democrats refer to the president as “Looney Tunes:Back in Action.” …(read more)

2002. A year filled with too much T&A: terrorists and accountants. Terrorists accounted for 3 billion dollars in damages and accountants helped account for 1.7 trillion. Whatever was left, Americans spent on gasoline.

Winona Ryder was finally convicted of shoplifting. She was sentenced to 480 hours of community service in working with children with Aids, the sick and the blind. When told that Mother Teresa spent her whole life with these people, Winona replied ‘what was she sentenced for?’
[…]

CALIFORNIA CITIES HAVE DECLARED WAR ON SMALL AND EVEN SMALLER BUSINESSES. As many of you know Los Angeles has sent out letters to anyone who has a schedule C (your own business, even if it’s making no money), as well as partnerships, LLC’s, LLP’s and corporations. The letters are requesting financial information so that you can be assessed for a business license tax. All California cities are doing the same. You can call your Council members and protest if you like. But you should respond. The State insisted on the tax being related to Gross Receipts and not profitability. Ironically, state tax revenues will go down because the license is deductible…(read more)

We started out with a debate on which year started the third millennium and ended up in a fight with an enemy that wanted the world to exist in the first millennium.

We started out with Where’s Waldo? And ended up with Where’s Osama?

The year started with George Bush making our clean water policy very theatrical. A little “Arsenic and Old Lace”.

The Democrats stared with a domestic policy consisting of waiting for the 98 year-old Senator Jessie Helms to die. When that didn’t work they got Senator Jeffords to switch political parties. They convinced him that the Democrats give better deductions. […]

The Economic Growth and Tax Relief Reconciliation Act of 2001 is a complex piece of legislation. There are phase in and phase out provisions that should keep us all busy for the next ten years. For the rich it even provides a perfect year to die. 2010. That is the year Estate Tax is abolished and then returns in 2012. Osama may be holding out till then.

There is now a ten per cent tax rate. Most of us have already received this in the form of a tax rebate. This did not make up for the deficit for those who invested in the stock market. If you did not receive your rebate and you didn’t owe taxes for previous years, you should get the rebate in your 2001 tax return as a tax credit…(read more)

The beginning of the new millennium unless you are the fifty per cent of the world who feel that it begins in the year 2001. The courts are going to decide.

The year started out with the fate of the world depending on a group of computer geeks trying to get us under Y2K compliance and ended with the fate of the world depending on a group of people playing canasta in Florida.

We started out with George Bush, Jr. and Al Gore, Jr. fighting it out for the presidency and ended up with a group of lawyers slugging it out.

The Republicans decided that tort reform could wait until after the inauguration. […]
LONG TERM CARE COSTS ARE NOW A MEDICAL DEDUCTION. If Anna Nicole Smith was a licensed professional, Billionaire J. Howard Marshall could have deducted her as a medical expense. There are special tax considerations given to long term care premiums.

DEDUCT TRAVEL TO STOCKHOLM? Amounts paid by an individual for expenses, including transportation costs and registration fees, of attending a medical conference relating to the chronic disease of an individual’s dependent, can be deductible as a medical expense. All medical expenses have to exceed 7 ½ % of a taxpayer’s adjusted gross income…(read more)

1999. The year started out with Bill Clinton about to be impeached and ended with Hillary Clinton announcing her senatorial candidacy and moving to New York. Bill has his own Y2K strategy. If we all go back to 1900, there will be no presidential two term limit and Clinton can run under the Bull Moose Party.

It turns out that the Y2K bug was invented by some people who owned land in Montana.

As of this writing, it appears that the presidential election of ’00 will be between Al Gore Jr. and George Bush Jr. So in boxing lexicon, we will have a battle of Jr. Lightweights. […]

TAX HIGHLIGHTS: Most of the interesting new tax deductions died behind the doors of Congress. Fiscally, Republicans became like Democrats. Democrats became like Republicans and President Clinton realized that it’s easier to veto than it is to lead. The American Public said no to their share of of the tax surplus. So we ended up with a few more benefits that last year but not many…(read more)