CPAs are subject to audit by the IRS and state taxing authorities. They may also face auditing probes from organizations that regulate their profession. Therefore, they need to prove their work is accurate and up-to-date. If they don’t, they could face fines or even jail time over things...
The host is the person who greets you when you enter the restaurant. They’re usually standing at a podium, or you may see a sign that says,“Please wait to be seated.”This means that the host might be with another customer right now, but they’ll be back to greet you. Maybe you...
Rosie suggested that I had always wanted to start my own business and perhaps this was the opportunity to do so. Quite a leap of faith when you consider that we were a single-income household with two young boys and that I was the sole provider. I started with two clients. For the ...
we have understood that the ultra-rich are to continue to pay half the taxes of the rest of the population compared to income, and that inequalities are to continue. We have understood that the arguments put forward by this government for not taxing capital income have no basis and have nev...
you may need to regretfully decline or ask for an alternative timeline.Saying yes to a project you don’t actually have time or energy to do well — as much as you may wish you did — is unfortunately a recipe for late nights or disappointed clients.And remember, having the time and ...
Warning! Many of us have a hard time resisting unnecessary spending, even when we don’t have a lot of expendable income. It becomes even harder to resist that urge when you suddenly have a lot more money, and that’s where many people get into trouble. Did You Know? Lottery winners ...
Asking voters to approve tax increases and employees to contribute more toward their pensions also are options. A city that mentioned the possibility of bankruptcy in September, Oroville, did not use the “bankruptcy word” while addressing the CalPERS board in November. ...
The reason we’d be taxing fiction is NOT to protect Faulkner from Gruen, because Faulkner’s losses are compensated by Gruen’s gains. Rather, the reason is that we’re upset that Gruen isn’t contributing as much to society as he could be. That’s a sin of omission, which people ...
income. In fact, part of the pullback in inventory has come from this crowd. Many are seeing that they had to cut prices to move properties and would rather pull inventory off the market. Maybe in 2014 they will hit the real estate lottery. This is one li...
How did things work before interest was paid on reserves? The answer isverylong andverycomplicated, and trying to explain it willnotwin you friends. The previous system essentially relied on there beingjustabout enough reserves to satisfy the banking system’s need for settlement and precautionary ...