October 28, 2021

spending

“The New IRS” Lets You Allocate Your Tax Dollars Your Way

This is pretty much BS. "The New IRS" isn't the "New and Improved Internal Revenue Service," it's a gimmicky website that lets you play with your tax dollars until they are allocated just the way you want. Imagine including this on your tax return: "Hey, guys, I want no money going to pay interest on […]

How We Averted the Fiscal Cliff: As a CPA, People Might Expect You To Know This Crap

I don’t care if you’re a Republican or a Democrat; you’re an accountant, and the avert-the-fiscal-cliff legislation that the federal government crapped out at the last minute hooks you up. Sure, you’re going to pay more in taxes, but Congress was actually able to bang out some long-term solutions to the expiring tax cuts which is going to make your life easier1.