When accounting goes unaccounted for
Dude is also nephew of a former President. So I guess that's why it's news.
Any tax professional who celebrates this day because it means they can finally go home at a reasonable hour should take this as a personal insult. THIS IS YOUR DAY AND NO ONE ELSE'S.
The IRS announced today that it has issued an immediate moratorium on processing new employee […]
Yes, it’s true! Bama was number #2, according to the latest Robert Wood Johnson Foundation and the Trust for America’s Health ranking but with a little bit asinine tax policy, the Yellowhammer state could ascend to #1 spot.
Kiplinger has a slideshow that goes over some of the stranger (and desperate) measures some states are going to in order to close their budget gaps. Twenty-six states already tax bowling for crissakes! And now Michigan, Nevada, North Carolina and New Mexico are thinking about it too!
The ultimate, for us anyway, is the Alabama’s show of complete disdain for anyone considering to exert themselves in any manner, shape or form:
Later this year, Alabama will debate taxing gym memberships, a plan that could raise several million dollars a year in state revenue. A monthly membership would include the Yellowhammer State’s 4% sales tax.
You hear that? Several million dollars. Easily eaten by the costs associated with the 31% obesity rate. Sounds like a great plan.
10 Surprising Ways Your State May Tax You Next [Kiplinger via Bucks]
Once upon a time a little farm state was feeling sad. The state wasn’t poor. It wasn’t lonesome – strange, handsome and glamorous men were always courting her – but something was missing. What could it be?
Then a man whispered in her ear: you need glamor! And it’s in your grasp!
The little state blushed. “How can I, a little farm state, be glamorous like Hollywood?”
The man said: “You can buy glamour!” And he burst into song:
You’ve got glamor
Right here in River City!
Movies start with cash;
If I can be so brash;
Give me some tax credits!
So the smitten little state gave the man transferable film tax credits. She was so excited about glamor, she gave the tax credits away freely, and the glamor came:
We’ve relied on caucuses every four years to bring action and celebrities to town. Now, sightings are anytime, any place.
But something was wrong. The little state sensed amid the cocktail party laughter that the glamorous were laughing at her, not with her. She noticed that the glamorous people were driving away with shiny new cars that she was paying for. And she noticed that the tax credits were getting rather expensive.
So she cut off her tax credits. This made the glamorous people mad, and some of them sued her. But she caught some of the hapless glamorous people and had them locked up. She made the man who whispered in her ear about film credits confess that he had done a bad thing. She got mad at the man who handed out the tax credits for her and tried to put him in jail.
So the little state is sadder, but perhaps wiser. Which has an attraction of its own:
I flinch, I shy, when the lass with the delicate air goes by
I smile, I grin, when the gal with a touch of sin walks in.
I hope, and I pray, for a Hester to win just one more “A”
The sadder-but-wiser girl’s the girl for me.
The sadder-but-wiser girl for me.
The moral of our story? If you fund it, they will come. And loot your purse. And laugh at you.