Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

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Archive for September 2nd, 2006

Bewitching

Posted by taxguru on September 2, 2006

I guess a case could be made for a similar deduction in this country if the appropriate qualifications were met, such as you were already a witch before taking the classes and not just starting out in that profession.

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News From WebCPA

Posted by taxguru on September 2, 2006

Whatever happened to tax reform? – This perpetual political promise is no closer to reality than it’s ever been. In fact, as always, we are continuing to move in the complete opposite direction, guaranteeing an increasing and never-ending workload for those of us in the tax profession.

GAO: Reforming the tax system will close tax gap – Duh!

Finding a safe pair of hands – Succession planning for the continuation of small businesses is often overlooked.

TIGTA: IRS must work on high-income return audits – For obvious reasons, the higher your AGI, the larger the bullseye on your back.

QuickBooks and Write-Up: Shifting Roles – It seems so counter-productive to have clients use QB for their bookkeeping and then CPAs use a completely different program to prepare financial statements, when everyone could very easily use the same QB files.

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How our tax payments are used…

Posted by taxguru on September 2, 2006

RINO shopping spree

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Posted by taxguru on September 2, 2006

IRS fraudulent refunds an estimated $318M  – Oops!  Does this now mean that we can expect a typical over-reaction from IRS, similar to their audits of all amended returns claiming refunds because they screwed up and allowed $50 million in bogus slave tax credits a few years ago? 

 

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