Taxpayers and the tax payments FY2009

FY2009 data is finally in!  FY2010 can’t be final since the due date is tomorrow for personal extensions. Starting with the bottom 50% of federal tax filers! They paid in 2.25% of the total federal income tax bill.  This is the group that gets the EIC.  Their average...

Minor Victory for CPA’s over the “registered”

Last year there were some problems with this issue, and I would expect more this year as well. Unenrolled preparers can’t yet say they are “registered tax return preparers,” the designation IRS adopted for preparers who aren’t lawyers, CPAs or enrolled agents.  The...

Bar Stool Economics

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this: The first four men (the poorest) would pay nothing. The fifth would pay $1. The sixth would pay...

A mouse by any other name…

This holiday season there will be a new mouse on the market, the Penclic Mouse.  This is a Swedish design and is now in use in Europe.  It is a cross between a pen and a joystick.  It moves like a pen, which makers say is more natural than rolling a regular mouse. Now...

Per the stats…

Thinks are looking up???  Private sector hiring is picking up.  Things are projected to have slightly better growth ahead.  It is expected businesses to add 100,000-150,000 jobs a month during 2012, then subtract 20,000 or so a month as government agencies continue to...

Pin It on Pinterest