Posted by taxguru on April 18, 2010
I recently came across an amusing sitcom from Canada called Less Than Kind. In the third episode of the first season, the main family is subjected to a Federal income tax audit that could very easily be taking place in the USA. Some funny examples of how not to handle things, such as literally baking receipts in the oven.
I edited my copy of the episode down to just the audit scenes and uploaded it to YouTube.
Posted by taxguru on April 18, 2010
Kill the Death Tax, Once and for All
With the wholesale acceptance and furtherance of the planks of the Communist Manifesto by the DemonRats in power, the chances of them killing this particular plank are slim.
If this article by Deroy Murdock is correct that the only real debate between the Dims and the GOP is the rate and starting point for this evil confiscation of wealth from Americans, what good is the alleged “opposition party?” Marxism-Lite is just as bad as the full blown Marxism our DemonRat rulers are hell-bent on implementing.
Deroy echoes my sentiments for the past three decades, as I have supported the abolition of the current income and estate taxes in this country.
This entire nation would benefit if all of this legal, accounting, and finance talent — plus the resources required to pay them — instead could be devoted to more productive purposes.
I have long said that there would be no shortage of meaningful work for those of us in the accounting profession if taxes were eliminated. Unfortunately, we still have to devote more and more of our time and other resources to assisting clients in protecting their assets from more and more insidious methods of government confiscation.
Tax Guru - Ker$tetter Letter 