I’ve posted more details on how our tax return organizers function that should hopefully clear up some of the confusion.

Who pays the taxes? – The trend continues of having fewer and fewer people (the evilest rich) pay a larger and larger share of the overall tax burden.

Americans are too optimistic about retirement, study finds – That’s especially true for anyone under 50 who believes Social Security and MediCare will be covering their retirement costs.

Tax Freedom Day Comes on April 11 in 2004, Earliest Since 1967 – Thanks to the Bush tax cuts.

Tax-Law Complexities Benefit Preparers, Software Cos. – There is no profession with more job security than the tax business. Our best allies are our rules in DC, who make more work for us very time they try to fix the tax code.

John Kerry Says Jobs Creation Bad for Economy

New slogan for DemonRats, courtesy of T-Shirt Hell.

Many Firms Avoided Taxes in Boom – This is just more “hate the rich” type rhetoric, decrying tax breaks for the “other guys” (aka evil corporations). What these complainers fail to acknowledge is that corporations aren’t intended to pay taxes under true capitalism. They are merely conduits for their owners, employees and suppliers, who pay more than enough taxes on corporate revenues.

Satellite TV Services Eyed For New Taxes

Don’t tax my dish!

Stop the Satellite Tax

Dividend Tax Cut Causing Many Headaches – Problems on two fronts. Errors with info on 1099-DIV and then confusion on how to properly report the different types of dividend income on the 1040. This is another benefit in waiting until after April 15 to prepare tax returns. Hopefully by then, most of these errors will be straightened out.

Predicted bonanza from the IRS is failing to meet expectations – Mixed stats. Larger refunds for some people and little changed from earlier years for others. As any financial expert will tell you, it’s much better to have the higher take home pay throughout the year than receiving a big check from the IRS every April; so I can’t get too worked up over small refunds.

Is Your Retirement Plan Gouging You on Fees? – Besides not having your retirement funds invested in risky stocks, you need to be sure the administrative fees don’t eat up your nest egg.