From the WSJ:
Article by Laura Saunders: What You Can Learn From Mitt’s Tax Return
Posted by taxguru on February 1, 2012
Posted in Romney, TaxReturns, video | 1 Comment »
Posted by taxguru on February 1, 2012
Here is a funny video that was mentioned during today’s TaxCoach Weekly Member Call-In.
When I Grow Up, I Want to be a Tax Accountant
Posted in Accounting, video | Comments Off on Where our replacements will come from?
Posted by taxguru on February 1, 2012
Oklahoma Leads on Income-Tax Repeal
Let’s hope this is the start of a trend; with pro-growth forward thinking States realizing that lower taxes encourage business activity, while the short sighted suicidal States (California, et al), continue to raise their taxes and drive productive citizens away.
Posted in StateTaxes | Comments Off on More States with zero income tax?
Posted by taxguru on January 31, 2012
Posted in Charity, TaxHikes, video | Comments Off on New taxes for hockey goalies?
Posted by taxguru on January 30, 2012
As if the current alternative minimum tax calculation weren’t insane enough, some of our DemonRat rulers in DC are considering adding a second one that they are naming after their Class Envy Clown, Warren Buffett.
Democratic Senators to Push ‘Buffett Rule’
Households with adjusted annual gross incomes over $1 million would prepare their taxes as they do now, with all the deductions, credits and loopholes intact. They would also calculate what 30 percent of their adjusted gross income amounts to. They would then pay whichever amount was larger.
How long do you suppose it will take for that million dollar threshold figure to drop and ensnare millions more, just as the current AMT has?
Posted in AMT | Comments Off on Another AMT?
Posted by taxguru on January 26, 2012
Some people get all bent out of shape when they are referred to as Accountants, as in this scene from a recent episode of the British TV show, Mad Dogs.
Warning: British TV censorship standards are very similar to what we have on HBO and Showtime in the USA. In other words, this clip does contain the F word.
Posted in Accounting, video | Comments Off on Is Accountant a derogatory term?
Posted by taxguru on January 26, 2012
36 Obama aides owe $833,000 in back taxes
Of course, the state controlled media will continue to ignore these tax cheats and instead spend a ton of time criticizing Newt and Mitt for using completely legal strategies to reduce their taxes.
From The Onion:
Posted in Crooks, Dims | Comments Off on More DemonRat Tax Cheaters
Posted by taxguru on January 24, 2012
As I constantly remind everyone, the demand for accountants will never disappear. And, with the unending growth in the size and scope of government, the need for people to handle all of the paperwork will only continue to grow.
This article confirms that.
1. Accountant
2. Registered Nurse
3. Computer Systems Analyst
4. Social Worker
5. Dental Hygienist
6. Sales Manager and Representative
Posted in Accounting | Comments Off on Accounting will never die out
Posted by taxguru on January 24, 2012
This comes with the territory when you run for high office.
From Conan via NewsMax:
Mitt Romney released his tax records and they showed that he earned $42 million over the last two years. So now the other candidates aren’t running for president. They’re running to be Mitt Romney.
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| From Blog Comix |
Posted in comix, Romney | 1 Comment »
Posted by taxguru on January 24, 2012
As promised, the Romney campaign has posted copies of several of their family’s income tax returns on their website to be downloaded or viewed online. As could be expected, all of the news sites are filled with “analyses” of the returns. Rather than rely on the slanted biases of political pundits, here are links to the actual returns.
Preliminary 2011 1040 for Willard & Ann Romney:
View online
Download (104 pages pdf)
2010 1040 for Willard & Ann Romney:
View online
Download (203 pages pdf)
2010 1041 for The W. Mitt Romney Blind Trust
View online
Download (37 pages pdf)
2010 1041 for The Ann D. Romney Blind Trust
View online
Download (83 pages pdf)
2010 1041 for The Ann and Mitt Romney 1995 Family Trust
View online
Download (81 pages pdf)
2010 990–PF for The Tyler Charitable Foundation
View online
Download (39 pages pdf)
Posted in Romney, TaxReturns | Comments Off on Romney Tax Returns