Posted by taxguru on October 25, 2011
With the per person lifetime gift exclusion at $5 million for 2011 and 2012, dropping back to just $1 million in 2013, the planning for large gifts may have some unique estate and gift tax saving opportunities. This video from the Journal of Accountancy does a good job of describing some of the twists this could entail.
Posted in Gifting, video | Comments Off on Gifting plans need to be examined…
Posted by taxguru on September 16, 2011
From today’s episode of NewsBusted:
Obama to Propose ‘Buffett Rule’ for Millionaires – What an achievement. Warren Buffett must be so proud that his name has become synonymous with Marxism.
Paying more tax will get us nowhere very fast – From England, with the following great quote, as mentioned by Jay Nordlinger.
…the effect will be as a duck farting in thunder.
Posted in Buffet, video | Comments Off on More Warren Buffett hypocrisy…
Posted by taxguru on September 13, 2011
Posted in humor, SSA, TaxHikes, video | Comments Off on NewsBusted Tax Jokes
Posted by taxguru on September 13, 2011
This week’s episode of Breaking Bad had a sub-plot where the hero’s wife had to deal with her former boss cheating on his taxes. While this is very amusing, it is very unrealistic. I’ve encountered plenty of dense IRS auditors, but any agent would be able to see that the company’s books weren’t being kept on Quicken.
If the player doesn’t show up above or is blocked in your region, try this alternative direct link.
Posted in audits, IRS, video | Comments Off on Dealing with an IRS Criminal Investigation
Posted by taxguru on September 2, 2011
Warren Buffett has made the transformation in his public image from the epitome of a capitalist to a laughing stock Marxist who wants higher taxes on everyone.
From the latest episode of NewsBusted:
Posted in Buffet, TaxHikes, video | Comments Off on New Poster Boy for higher taxes…
Posted by taxguru on August 23, 2011
Posted in Commies, video | Comments Off on The check is in the mail…
Posted by taxguru on August 23, 2011
Posted in Obambi, TaxHikes, video | Comments Off on Paying for 0Bambi’s Magical Misery Tour…
Posted by taxguru on August 17, 2011
Everything is up for grabs in terms of being taxed, as in this clip from Red Eye last night.
Posted in humor, SinTaxes, video | Comments Off on Taxing the ugly?
Posted by taxguru on August 5, 2011
Eventually, even the most diehard Marxist will encounter a tax he hates.
From the latest NewsBusted episode:
Posted in TaxHikes, video | Comments Off on Everyone has an Achilles Heel
Posted by taxguru on July 27, 2011
It’s practically impossible nowadays to distinguish between the increasingly insane real events in places like Washington, DC and parodies from humor publications.
This hilarious video from The Onion could some day become real as the Social Security Ponzi Scheme continues to implode.
Social Security Reform Bill Encourages Americans To Live Faster, Die Younger
Posted in humor, SSA, video | Comments Off on A possible solution for Social Security?
Tax Guru - Ker$tetter Letter 