Archive for August, 2010
Tax everyone but insiders…
Posted by taxguru on August 27, 2010
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Voting with their feet…
Posted by taxguru on August 25, 2010
Ebay, Adobe, EA Games, Many Others Leaving California For Utah Over Confiscatory Tax Rate – It’s great to see that more and more companies are refusing to just continue bending over and letting the socialist rulers in Sacramento rape them fiscally.
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There is some safety in being average…
Posted by taxguru on August 24, 2010
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On the tax planning horizon…
Posted by taxguru on August 22, 2010
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TaxMan by Boney Fingers
Posted by taxguru on August 21, 2010
As is the case with many tax professionals, I consider it a treat when I come across a version of George Harrison’s classic TaxMan song that I haven’t heard before.
Sherry has a friend whose husband is in the Wisconsin band Boney Fingers. They are known mainly as a Grateful Dead tribute band, but also do creative covers of other artists’ songs and some completely original music as well. They sent us some CDs and I couldn’t wait to play the one from Summerfest 2002 after I saw the song list.
Their version of TaxMan is an excellent funky one with a lot of instrumental breaks. We received permission to post a copy of the song here. I was going to make my own easier to download MP3 copy, but as I was browsing around the group’s website, I noticed that they already have several MP3 versions of their music available for free downloading, including my two favorite tracks from the Summerfest 2002 CD:
Brick/Shakedown – An excellent mashup of Pink Floyd’s Another Brick in the Wall and the Grateful Dead’s Shakedown Street.
They also have several performance videos posted on YouTube that I will be checking out. Sadly, TaxMan isn’t one of them.
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2010 California Tax Rates and Exemptions
Posted by taxguru on August 20, 2010
Calif. bases its annual inflation adjustments in various component of the tax system on the CPI changes for the fiscal year July 1 through June 30. The latest adjustments, effective retroactively for the 2010 calendar year, are now available on the FTB website.
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Interesting IRS News
Posted by taxguru on August 20, 2010
New online application system for compensated tax return preparers is expected to go live in mid-September – Those of us who already have PTINs will have to reapply and pay an annual $64.25 fee
Interest rates for the calendar quarter beginning Oct. 1, 2010, will remain the same – Still at 4.0% for most situations.
IRS Proposes Regulations Generally Eliminating Paper Coupon Federal Tax Deposits – Forcing more usage of the Electronic Federal Tax Payment System (EFTPS).
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Tax Guru - Ker$tetter Letter 