Newspaper
My favorite quote of the week: “If you don’t read the newspaper, you’re uninformed. If you do read it, you’re misinformed” Denzel Washington, 12/7/2016 (the quote is sometimes attributed to Mark Twain)
Continue reading →Yearly Archives: 2016
Reimbursed Health Insurance Premiums
The Senate passed legislation on December 7, 2016 eliminating a tax penalty on employers who reimburse their employees for the cost of health insurance premiums, following passage of the measure the week earlier in the House. The IRS had begun … Continue reading →
Providing answers
Who could have predicted, as recently as the 1990s when millennials were listening to their walkmans, that in 20 years virtually anyone could hold a little device in their hand that would provide the user with the answer, before she … Continue reading →
Faster refunds
Refunds will be delayed for 2016 tax returns. Starting with 2016 tax returns that are due in 2017, the IRS will delay refunds at least until February 15th for taxpayers claiming the earned income credit or the refundable child credit. … Continue reading →
IRS initial contact letters
The IRS’s Deputy Commissioner for Services and Enforcement, John Dalrymple, today announced a change in policy on initial taxpayer contact in audit or examination cases. “Effective immediately, all initial contacts with taxpayers to commence an examination must be made by … Continue reading →
POTUS will bring changes to the IRS
What’s the untold story with the 2015 – 2016 debates? Bernie Sanders v. Hillary Clinton. Why is Bernie still in this race, debating one-on-one with Hilary? He does not stand a chance, does he? The DNC needs Bernie up there … Continue reading →
The Fallacy of Amazon.com Prime
Standard marketing logic states that Amazon.com Prime members spend on average $1,400 annually, whilst non-Prime customers on average spend only $700. Therefore the users obviously feel the need to use the $99 Prime service to get that free shipping on … Continue reading →