Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

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Archive for October 8th, 2013

Posted by taxguru on October 8, 2013

From Fred Thompson:

Although public tours of the White House have been cancelled, the White House logged 344 visits by lobbyists in 3 months. Couldn’t they each just grab a busload of kids on their way in?

 

In a recent speech, President Obama said he’d be “happy to negotiate” with Republicans on the federal budget. He seems too confident. Putin must’ve agreed to back him up.

 

On CNN, Nancy Pelosi said there was nothing left to cut in the federal budget, “the cupboard is bare”. Really? Because last time I looked it was full of pork.

 

Federal officials warn that the implementation of Obamacare could spawn a cadre of scam artists. I guess they mean in addition to the officials implementing it.

 

To avoid being fired, Lois Lerner – the IRS official at the center of the agency’s Tea Party scandal – retired on a $50,000 a year pension. Sounds fair. As long as she gets audited every year.

 

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NewsBusted Debunks the MSM

Posted by taxguru on October 8, 2013

They have some good counters to the MSM’s left-wing propaganda in this week’s episode.

 

 

 

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October 15 Deadline still in place

Posted by taxguru on October 8, 2013

Since most of our clients file extensions for their 1040s, the weeks before the six month automatic extensions expire on October 15 are always much busier for us than the weeks before April 15 because most of these returns are extremely complicated. 

With many of IRS’s employees on furlough (aka paid vacation), they announced that the October 15 deadline for 2012 1040s will still be next Tuesday.

 Reminder: Oct. 15 Tax Deadline Remains During Appropriations Lapse

 

Interestingly, the IRS website is still functioning, contrary to those of many other government agencies, which have been shut down as part of the BHO Regime’s attempt to inconvenience as many people as possible, while still preserving funds for their royal lifestyle.

 Why are US gov’t websites offline?

 

 

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Something you wouldn’t see with a real retirement account…

Posted by taxguru on October 8, 2013

Social Security Warns Benefits Could Get Cut

The fact that people accept this as a fact of life is very sad.  A real world retirement account, where the custodian commingles the funds would find that custodian in prison for embezzlement.  In DC, they take our Social Security taxes and do nothing to protect it from theft and abuse, and in fact consider it wise financial management.

 

Posted in SSA | Comments Off on Something you wouldn’t see with a real retirement account…