Presidents since Washington have fought tax battles

And CPAs since then have been helping their clients work with the tax laws.

If you owe the IRS a bunch of money, one of the things you shouldn’t do is appear on national TV showing off all of your expensive possessions. It’s a shopping list for IRS Collection Agents. Of course, celebrities aren’t exactly known as being the sharpest tools in the shed.

It’s not just a Hummer, it’s a tax break

The backlash against SUVs and their tax breaks is continuing to grow. Anyone who may be planning to take advantage of this may want to do so soon, before our rulers react to the hatred for SUVs and remove this deduction.

I’ve long described what I do as helping real people win the Tax Game. Maybe Tax War would be more appropriate, considering the class warfare rhetoric used by supporters of big expensive government.

WAGs

I must have seen at least a dozen articles in today’s papers from the PRC such as this one on how Governor Gray-Out Doofus has been exaggerating the size of the projected budget deficit in order to better justify the laundry list of new taxes he wants to implement. As I’ve been explaining for decades, all such projections are nothing more than wild ass guesses. Nobody has the right to claim a perfect crystal ball on this kind of financial projection. Anyone claiming more accuracy than the governor is just as guilty of blowing smoke up our rear ends.

On a similar note, does anyone else have a problem with this report of record spending by state governments, while most of them are expecting budget deficits?

KMK

SEC adopts broader definition of `expert’

There goes our (CPAs) monopoly to be the only ones qualified to be on corporate audit committees.

Taxes Influence Behavior

Imagine that. Smokers in New York aren’t just obediently paying the huge taxes on their drug of choice, but are buying them from out of state and tax free Indian vendors. As the PRC looks to add over a dollar per pack in new taxes, how soon do you think it will be before editorials like this pop up in Left Coast papers?

KMK

Who Funds the Left?

More DemonRat Tax Policy