Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

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Archive for August, 2010

Are there financial advisors in heaven?

Posted by taxguru on August 17, 2010

Posted in comix, Money | Comments Off on Are there financial advisors in heaven?

Posted by taxguru on August 17, 2010

Posted in comix, TaxHikes | Comments Off on

Posted by taxguru on August 17, 2010

Posted in comix, Deductions | Comments Off on

Aggressive estate planning…

Posted by taxguru on August 13, 2010

Posted in comix, Estates | Comments Off on Aggressive estate planning…

Social Security Collapsing

Posted by taxguru on August 13, 2010

For well over three decades, I have been warning that the Social Security system is a scam that would be illegal if set up or administered by anyone other than our imperial rulers in DC.

As I have long been predicting, the only ways in which it can be saved will be to deny benefits to those considered evil rich (aka means testing), requiring SS taxes be paid on more kinds of income (investment, rental etc.), and delaying benefit payouts until a higher age, so that more people will die off before cashing in.  These kinds of changes are currently under discussion in DC.

Social Security: Government ‘Ponzi’ Scheme Turns 75 with $41 Billion Shortfall

Recipients screwed by new Social Security formula

From NewsBusted:

Posted in SSA | Comments Off on Social Security Collapsing

More of the never-ending debate over how much to punish those our rulers consider to be "evil rich"…

Posted by taxguru on August 12, 2010

Fairness and the Capital Tax Fetish

 Robbing the Rich

Raise My Taxes, Mr. President!

Schultz Insists Higher Tax Rate is Not ‘Tax Increase’

What If Revenue From The Rich Dries Up?

Greenspan calls for repeal of Bush tax cuts

Posted in Commies, TaxHikes | Comments Off on More of the never-ending debate over how much to punish those our rulers consider to be "evil rich"…

Accounting has more options for creativity than most people know…

Posted by taxguru on August 11, 2010

Posted in Accounting, comix | Comments Off on Accounting has more options for creativity than most people know…

Posted by taxguru on August 8, 2010

(Click on image for full size)

Posted in Accounting, comix | Comments Off on

Prepare to be eaten alive

Posted by taxguru on August 7, 2010

if the DemonRats aren’t stopped in November.

Posted in comix, TaxHikes | Comments Off on Prepare to be eaten alive

PTIN’s will need to be renewed

Posted by taxguru on August 5, 2010

According to this item from CCH, we will need to renew our special IRS assigned Preparer Tax Identification Numbers every year and pay a fee of at least $50.  Supposedly, IRS will start this process in September 2010.
This is an expansion of the preparer registration process that IRS announced in this January 2010 news release.

Need Business Checks Cheap?

Posted in IRS, preparers | Comments Off on PTIN’s will need to be renewed