Tax Guru – Ker$tetter Letter

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Archive for March, 2013

Posted by taxguru on March 31, 2013

Americans Are Migrating To More Free Republican States –  Voting with our feet.


States eye gas tax hikes to cover cash shortfalls, transportation projects –  As if gas prices weren’t high enough already, greedy politicians have to pump them up even more.


Barack Obama’s Great Redistributionist Lie –  Just one of many Marxist lies promulgated by the DemonRats.


Authorities: $600M scheme incubated in NC town –  Gullible people still fall for privately run Ponzi schemes that should be obvious to anyone with half a brain.


Fairy-tale budgeting: Both Dems and Republicans base their figures on fantasies –  and SWAGs with ridiculous assumptions.  What else can we expect from rulers who live on a different planet than we mere mortals do?


Democrats ‘think you don’t send enough of your money to Washington’ –  Because they believe all money rightfully belongs to the imperial rulers in DC.


60 Completely Outrageous Ways The U.S. Government Is Wasting Money – I’m sure such a list could be hundreds of times as long, as our rulers have long ago given up any pretense of adhering to constitutional standards for the use of tax dollars. 


Obamacare May Cost Small Business ‘Whiners’ 65% of Annual Profits – The PR campaign to malign anyone who complains about ObamaCare continues to grow. It is considered blasphemy to criticize anything that our messiah has done.


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Posted by taxguru on March 31, 2013

From Argus Hamilton:

Grammy Award-winning legend Dionne Warwick filed for bankruptcy in Los Angeles Wednesday. She listed twenty-five thousand dollars in assets and ten million dollars in debts. She needs a good lawyer or she could serve one to three years as Treasury Secretary.


Cyprus agreed to seize forty percent of the money in all big bank accounts in Cyprus as demanded by the German bankers Thursday. It’s to pay their debts. Every country has its favorite verb, and no one can make the word seize stand up and dance like the Germans.



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Posted by taxguru on March 29, 2013

From Argus Hamilton:


Forbes said that Americans who make two hundred grand per year work six months a year for the government. It’s verifiable. President Obama makes four hundred grand a year and he is pretty much six months on the golf course and six months in the Bahamas.



Senate Republicans were joined by seventeen Senate Democrats Monday in a budget amendment that endorsed the Keystone oil pipeline. It’s an old math formula. The closer you are to your next election the less in favor you are of four-dollar-a-gallon gasoline.


San Diego officials asked the FAA to designate Southern California a drone zone for testing the uses of the unmanned aircraft. People are against it. They don’t want the federal government to know how much money it could make by taxing backyard pot crops.


President Obama’s daughter enjoyed spring break in the Bahamas. Michelle’s just been to Aspen and Biden just did Rome, Paris and London. The sequester cuts don’t affect their travels because they bought time shares during the first year of the first term.


Cyprus made plans to seize forty percent of every bank account with over a hundred thousand Euros in it. They’ve never had a seizure of private property like this before. Cyprus made a colossal mistake last week when they agreed to become our fifty-first state.


President Obama filled out his bracket card for the NCAA basketball tournament this week. ESPN had to analyze his selections by four o’clock. Whenever the president is picking winners and losers, investors have to scamper to sell before the market closes.


Congress held hearings Wednesday on the possibility of a meteor slamming into the United States like the one in Siberia last month. A NASA official said if a meteor approaches the U.S. that Americans should pray. So we’re down to that, either pray that the meteor doesn’t hit us or pray that it hits the Federal Reserve Building and saves us all.


The U.S. Senate tried to save the Senate barber shop from being eliminated in the new budget bill Tuesday. Critics note the Senate barber shop lost three hundred and fifty thousand dollars last year. That makes it the most profitable agency in the U.S. government.


Cyprus agreed to seize ten percent of the money in all Cyprus bank accounts to avoid bankruptcy. It’s an outrageous seizure of private property. The White House issued a statement immediately saying that President Obama is always looking for fresh new ideas.


Eurozone officials said seizing bank accounts like they did in Cyprus can be a model for other countries. It set off international alarms. President Obama just cancelled his summer vacation to Martha’s Vineyard to go to Cyprus for a continuing education seminar.


President Obama met with Ireland’s prime minister and attended a St. Patrick’s Day lunch with U.S. lawmakers Tuesday. Ireland allow actors, comedians, writers of fiction and singers of songs to live there tax-free. So for everybody in Washington, Ireland is Plan B.


The Bible mini-series Sunday introduced the character of Satan who tempts Jesus in the wilderness. The devil is a dead ringer for Barack Obama. He tempted Jesus with an IRS audit if he didn’t stop infringing on the government’s exclusive right to heal people.


New York’s Stop and Frisk policy came under political fire Monday that allows cops to pat down anyone on the street whom they think looks criminally suspicious. It’s racially charged fear that’s felt by everybody in town. Sometimes they need police dogs to tell which white guy is carrying a briefcase full of mortgage-backed securities and Apple stock.


From Jimmy Kimmel:

Wal-Mart will test a new delivery method for customers who order online. They’re asking shoppers to drop stuff off for other shoppers on their way home. In exchange, Wal-Mart would give them a discount on their bill. So if you always wanted to work for Wal-Mart but didn’t want to get bogged down with the paycheck and healthcare, this is for you.


From Jimmy Fallon:

Yesterday President Obama told reporters that his NCAA tournament bracket is busted. Obama said they were the worst picks he’s ever made — then he looked at his economic advisers and said, “Ehh, maybe not.”



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IRS on Gilligan’s Island

Posted by taxguru on March 28, 2013

Another TV show themed training video from IRS.  Don’t expect reviews from the original show’s cast since most of them have passed away.



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Dionne Warwick’s Tax Debts…

Posted by taxguru on March 28, 2013

Via Newsmax:

Jay Leno:

Legendary singer Dionne Warwick filed for bankruptcy, claiming she has only $25,000 in assets but owes more than $10 million in unpaid taxes. She owes 400 times what she has. She could end up serving three years — as the White House budget director.


Jimmy Fallon:

Singer Dionne Warwick has filed for bankruptcy, and revealed that she owes $10 million in back taxes. She’s angry with her accountants for the financial mess and even angrier at her psychics for not giving her a heads up.

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From our friends at the IRS…

Posted by taxguru on March 26, 2013

Some interesting items from their news page.

 IRS Releases FY 2012 Data Book – A lot of interesting stats for us numbers nerds, such as the fact that there were twice as many S corp tax returns filed as C corp returns last year. 


IRS Releases the Dirty Dozen Tax Scams for 2013 – There is never a shortage of tax related scams around the country. Most of these are the same as in previous years, but the phony 1099-OID refund claim was a new one to me. 



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IRS Star Trek Parody

Posted by taxguru on March 23, 2013

Shatner ‘appalled’ by IRS ‘Trek’ spoof

IRS blasted over ‘frivolous’ parody video of ‘Star Trek,’ agency admits mistake

Here is the video:



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Posted by taxguru on March 22, 2013

High-Earning New Yorkers To Be Extended – Another “Temporary” tax that becomes permanent, as they all do.


Customers at Rhode Island eateries need to fill out form if paying with $100 bill –  Too many fake 100s.



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Posted by taxguru on March 21, 2013

House committee votes to fire federal workers who owe back taxes – Anyone expecting 0baMao to actually sign such a bill into law is nuts. He would lose most of his cabinet and staff.


Bill Maher Discovers His Inner Grover Norquist – From Larry Elder



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Posted by taxguru on March 20, 2013

Bill Maher threatens to leave California — due to high taxes –  But he had no problem donating a million dollars to high tax loving ObaMao.  Standard hypocrisy for the DemonRats.


Workers Saving Too Little to Retire –  from the WSJ


California businesses fuming over retroactive $120M tax grab –  Expecting Jerry Brown to rule in the favor of businesses on this matter is insane.


ObamaCare Tax Increases Are Double Original Estimate –  That’s how it always works,  Our rulers intentionally understate the costs of legislation, knowing that it will be too late to do anything about it when reality hits.  They are never punished for these kinds of lies.


Stressed Tax Preparers Find Relief in Mardi Gras, Massages


Lawmakers eye new taxes on guns, ammo in latest wave of legislation  –  They consider it a punishable sin to want to protect ourselves.


Too much talk of taxing –  And not enough about spending cuts.


Obama and Bernanke Already Pulled a Cyprus – The new 3.8% Medicare tax on investment income.


Social Security truths — as hard as they may be to stomach – Some facts about the Washington DC run Ponzi Scheme that we are all forced to participate in.


Medicare: A dangerously good deal – Another Washington DC fiasco that we are all forced to be part of.


Income tax 101 – A brief summary of the income tax system in this country.


We’re upside down and debt crash is coming – Thanks to 0baMao and his fellow DemonRats, as well as the unwillingness of the GOP to do anything to stop it.



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