I can’t figure out why the media and the masses are angry with Apple for legally not paying additional taxes. I am not an Apple guy (for a few reasons), but I think planning for income taxes is a fantastic move on their part. You have no patriotic duty to pay more taxes than what… Continue Reading
Category Archives: Taxes
Mo Money Means Mo (IRS) Problems
I have always assumed that with an increase in income, especially business based income, increases your risk to an audit from the Internal Revenue Service. My thought process is that it just makes good business sense. Even if they found a W2 employee making $50,000 cheating on their taxes it doesn’t really matter because it… Continue Reading
Tax Changes for 2013–Fiscal Cliff Deal Finalized
CCH recently released a fantastic Tax Briefing on the legislation passed to avoid the tax die of the Fiscal Cliff. There were some significant changes to the tax law, as well as avoidance of some terrible sunsets. I think my personal opinion of the deal would be better suited for another post. Below are some… Continue Reading
Prepare Ahead for Your Tax Refund
Tax season is almost upon us. There is no consensus as to whether one should adjust your W-4 Withholdings so you do not get a (big) tax refund. On the one hand the money stays in your pocket all year long, not Uncle Sam’s, while on the other hand there are many Americans who prefer to get a tax… Continue Reading
Why Do People Care About the New Health Care Surtax?
You literally can’t open a financial website or check out a financial magazine without hearing about the New Health Care Surtax and I don’t know why It isn’t that a new tax of this magnitude isn’t important it is that just the majority of the people, call it 95%ish, will never encounter the new tax… Continue Reading
I Can’t Believe I have Been Blogging for 4 Years
On August 5th of 2008 I put up my first post. I had no idea if anyone would read about my journey, nevertheless care about what was going on in my life, but I wanted to share my thoughts with whoever wanted to read them. Since putting that first post up I have seen somewhere… Continue Reading
