California Tax Rant

Dear California, You've screwed up your tax system.

Accountants Suck at Math

It's a myth older than The Chupacabras -- Accountants are good at math. Maybe they were back in the

 

California Tax Rant

May 15, 2012 in Tax Thoughts

Dear California,
You’ve screwed up your tax system.

Accountants Suck at Math

May 3, 2012 in Real Life Accounting

It’s a myth older than The Chupacabras — Accountants are good at math. Maybe they were back in the day, but that stopped being true before cassette tapes went out of style.

Price Fixing from the Grave

April 12, 2012 in Other Thoughts

Steve Jobs worked to fix book prices with the publishing industry, or so the US Justice Department claims. From what I’ve read, it sounds like the details came to light thanks to Mr. Jobs biography. The Justice Department has now filed an anti-trust case against Apple and the big five publishing companies for anti-competitive behavior. Three of the companies settled, not wanting to get involved in a protracted legal battle with the government, but the other two and Apple are holding firm.

Unfriending The Zuckerberg Tax

February 9, 2012 in Real Life Accounting

The New York Times (editorial section) is suggesting the Zuckerberg Tax, also known as the tax on unrealized gains, or another way to tax the rich. Is it a good idea?

What’s Her Tax Rate Again?

February 1, 2012 in Real Life Accounting

People keep obsessing over Warren Buffet’s secretary. What does she make? What’s her tax rate? While I can’t answer that for sure, I hope to steer the conversation in the right direction.

Some thoughts on Romney’s taxes

January 26, 2012 in Real Life Accounting

A practical breakdown of Romney’s 15% tax rate, and why we shouldn’t feel too bad for Warren Buffet’s secretary

Thought on Charitable Contributions

December 7, 2011 in Real Life Accounting, Tax Thoughts

Taking your charitable contribution deduction can be confusing. This post may not help, but it’s a push in the right direction.

We’ll Find Out What’s In It…I Think

November 17, 2011 in Real Life Accounting

The US Treasury Inspector General for Tax Administration issued a report about the lack of use of certain credits provided by Obamacare. The Conclusion? The Tax Code is confusing

I Blame Corporate Greed

November 15, 2011 in Real Life Accounting

What are corporations, really? And how do they plan to capture babies in their giant maw?

Don’t Mess With Shulman

October 18, 2011 in Quick Updates, Real Life Accounting

I guess IRS Commissioner Douggy Shulman wasn’t too happy with the proposed budget cuts to the IRS. He wrote his version of an angry letter to congress with the following: “cutting the IRS budget by the contemplated levels would mean that front-line IRS staffing levels must be substantially reduced, leading to a measurable decrease of [...]