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Greg Talks to People About Section 1031 Like-kind Exchanges

Posted on May 14, 2014 by Caleb Newquist

Greg Kyte has talked to regular folks about ObamaCare and professional skepticism but maybe you've been thinking, "What I'm really curious about is the lack of knowledge people have around tax planning strategies that largely benefit the wealthy."  

Well, it's your lucky day, then. 

Posted in VideoTagged Greg Kyte, Greg talks to people about accounting, Section 1031 like-kind exchanges

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Next: This One Chart Tells You Everything You Need to Know About a Rothstein Kass Acquisition

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Poll Results

  • Caleb Newquist
  • August 22, 2009

For the love of God has anyone started drinking yet? We figured we’d share the results of our two polls today before you all blow out for the weekend and start making bad decisions.
Get the results, after the jump


With nearly 41% of the vote, Weiner, Diner, Dicker & Dunker will be the new firm formed after the speculated super-duper mega-merger occurs.
And, risking a mistake of Election 2000-esque proportions, we’re calling the race for best/worst video for E&Y who has edged out KPMG. We’ve presented it here again for your viewing and completely off beat clapping pleasure:

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The Guy From Reading Rainbow Has a Small Tax Problem

  • Caleb Newquist
  • June 1, 2010

A refresher:


If that doesn’t mean anything to you, he’s also the dude with the bizarro shades from Star Trek, The Next Generation.

But back to the RR for a sec – many of you would be an illiterate waste of space if it wasn’t for LeVar Burton, so the least you could do is pitch in so the man can pay the $34,000 he owes California. Or at least ask your parents to help out. It’s the least they can do since LB probably bought them some much-needed private time back in the day while you were zoning out on the shower in the toilet.

Tax resistance futile for Star Trek actor [Tax Watchdog]
See also (if you want the RR theme song stuck in your head):
LeVar Burton Owes $34,000 in State Taxes… “But Don’t Take My Word For It” [Tax Docket]

  • Video

Maybe the Fired Tyco Accountant Just Isn’t into Awesome Parties

  • Caleb Newquist
  • July 16, 2010

Fired Tyco Accountant (and no fan of mermaids or wenches) Jeff Wiest was on Neil Cavuto last night and he attempts to explain his story where he would not approve of some expenses for, what sounds to be, a pretty kick ass party that any one of you would love to attend. Regardless, it wasn’t Jeff’s job to judge the awesomeness of said party but merely to determine if the bash was for legitimate business purposes.

In his opinion, the mermaid greeters, wenches, tattoo artists, so on and so forth were simply too extravagant and no one at Tyco was going to convince him otherwise.


As you can see, Jeff manages to tell his story despite appearing pretty nervous and dealing with several Cavuto outbursts (he has no time for the delicate intricacies of expense approval, get to the mermaids!).

But in part deuce, Jeff gets all accountant-y, discussing intricate details of Sarbanes-Oxley and Cavuto will not stand for it. Neil finally levels with the guy saying that he goes to plenty of Fox Biz shindigs (awesome ones, at that) and it’s NBD. So what the hell man? Are you just not a fun guy?

Stingray feedings! Who wouldn’t want to feed a stingray? And of course Cavuto likes the mermaid greeters (which somehow gets a chuckle out of Jeff) but who doesn’t, amiright?

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