Heros
“the fight is here [in Kyiv]; I need ammunition, not a ride” Ukrainian President Volodymyr Zelenskyy at age 42 in response to offers from USA and Turkey to have him evacuated for his safety on February 26, 2022. “Are you … Continue reading →
2021 year-end tax ideas
There is talk that the U.S. Congress may be looking to substantially increase tax revenues. Increases could possibility be effective retroactively to earlier in 2021, or they could start in 2022. Things to consider: STOCKS selling marketable security investments before … Continue reading →
Medicare Part B cost is based on MAGI
Some people automatically get Social Security’s Medicare Part B (Medical Insurance), and some people need to sign up for Part B. If you don’t sign up for Part B when you’re first eligible, you may have to pay a late … Continue reading →
COVID-19 assistance and second draw PPP loans
Update March 29, 2021 RELIEF FOR FORM 1040 FILERS AFFECTED BY ONGOING CORONAVIRUS DISEASE 2019 PANDEMIC Form 1040, final payment of 2020 Form 1040 taxes, 2020 IRA contributions and 2021 M2M tax elections are all due May 17, 2021. Notice … Continue reading →
COVID-19 immediate assistance
Money was made available for Small Businesses, Homeowners and Renters Two minute video: How the CARES Act Helps Small Businesses Caution: Do not respond to emails stating something like: Important Information from Small Business Administration (SBA) – Your EIDL Application … Continue reading →
Can You Name Them Today?
My list of 17 or 23 of 52 principal girls of the USA Effie – Effie Shannon Madge – Madonna Mabel – Mabel Normand Bitty – Bitty Schram Tina Louise – Tina Louise Hazel – Shirley Booth Mavis – Mavis … Continue reading →
Filing Protective Claims for refunds are due July 15, 2020
Texas v. U.S. is scheduled to be heard by the U.S. Supreme Court with the potential of ruling certain Obamacare taxes to be unconstitutional. Many taxpayers with an AGI over $200,000 for 2016 paid these taxes are computed on IRS Form … Continue reading →
Fallacy of Composition
re: A college education for all, including free college studies as being promoted by some politicians. If one person stands up in the stadium, he sees the game better, but if they all stand up, they don’t all see the … Continue reading →
Social Security if born before 1/3/1954
If you were born before January 3, 1954 there is a strategy called “restricting an application for spousal benefits.” With this trick, the second spouse delays collecting until age 70, but for the intervening years collects 50% of the spouse’s … Continue reading →
H&R Watson
Admitted on television by H&R Block itself. Apparently, for all tax returns prepared at H&R Block prior to the 2017 addition of the tax deduction finding superpower IBM Watson computer, the refunds obtained using H&R Block’s services were smaller than they … Continue reading →