by Leif Jensen | Apr 18, 2012 | General |
Apparently with the Vietnam War needed additional financial resources, President Johnson was looking for looking under the couch cushions for more money to spend. When it was brought to his attention by an article in the Washington Post that in 1967, 155 (I have seen...
by Leif Jensen | Apr 18, 2012 | General |
Reform of our Federal income tax is long overdue. Special preferences in the law permit far too many Americans to pay less than their fair share of taxes. Too many other Americans bear too much of this tax burden. . . . We must reform our tax structure to make it more...
by Leif Jensen | Apr 15, 2012 | General |
Due to the decrease in resources and the possibility of even greater decreases the IRS is shifting its audit focus for businesses. The IRS plans to utilize less resources for the large major corporations (assets $250 million plus), it appears that they these companies...
by Leif Jensen | Apr 15, 2012 | General |
An exempt group’s volunteer board chairman is personally liable for the companies unpaid payroll taxes, according to a district court rules. Even though he did not have the power to write checks, have active management nor did he handle personnel matters. His crime...
by Leif Jensen | Apr 10, 2012 | General |
The capital-gains levy is an elective tax on owners of stock and other financial assets. Investors have the ability to control when they pay the tax by when they sell their assets. They can hold unrealized gains until the need is too great or when the tax rate is at...
by Leif Jensen | Apr 9, 2012 | General |
Now in this case I am definitely an outsider looking in, so I can only speculate on some of the facts. But in any case it is an intriguing idea and possibly maybe even borderline criminal. It starts with a Board of Directors (BOD) for a Not-for-Profit (NFP). As with...
