Posted by taxguru on June 24, 2012
As most tax pros know, tax planning is extra tricky right now because of the impending expiration of the Bush tax rates and related provisions as of January 1, 2013. There is no clear indication of whether or not they will be extended.
Parker’s Federal Tax Bulletin had a good recap of many of these expiring tax provisions in the following article.
Absent Congressional Action, Many Tax Provisions Are Due to Expire at the End of 2012
Posted in TaxHikes | Comments Off on Expiring Tax Provisions
Posted by taxguru on June 21, 2012
Thomas Sowell has another excellent batch of his Random Thoughts, including this one to reinforce that “Patriotic Feeling” we are supposed to have when paying taxes.
In liberal logic, if life is unfair then the answer is to turn more tax money over to politicians, to spend in ways that will increase their chances of getting reelected.
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| From BlogComix2 |
Posted in Commies | Comments Off on Liberal logic?
Posted by taxguru on June 15, 2012
Duped by Congressional Lies – Water Williams debunks some of the myths about the biggest Ponzi scheme in history, Social Security, such as the fact that there is no special account with our money in it. Congress has stolen all of our contributions and pays benefits from money stolen from new taxpayers.
This is the very definition of a Ponzi Scheme, which usually results in prison terms for those persons caught running their own scams that have had greedy gullible people losing millions and billions of dollars of voluntarily invested funds. For our rulers in DC, who have stolen trillions of dollars from people at the point of a gun, with no possibility of paying out all of the promised benefits, they are treated like royalty at our expense.
Posted in Crooks, SSA | Comments Off on The biggest Ponzi Scheme is run by our rulers in DC
Posted by taxguru on June 15, 2012
GAO: IRS to Spend $881 Million in Implementing Obamacare Over Just Four Years – Just what we all wanted; more unconstitutional power for the IRS to control our very lives.
Posted by taxguru on June 15, 2012
Posted in Crooks, video | Comments Off on Making fun of celebrity tax cheats…
Tax Guru - Ker$tetter Letter 