It would help if the IRS were a fully funded agency. But, for the past four years or so, it has suffered because the GOP claims (FAKE NEWS) that WrongWing (non-)charities had a tough time getting approved as non-profit entities. The GOP feels that these Political Action Committees (PAC) were chosen for special scrutiny. (FACT: All these fake charities that are really aimed at promoting political candidates from the Left, the Right, and the Middle were subject to the same extra scrutiny.)
Tag Archives: entertainment
In the not too distant future. Maybe, tomorrow?
I’m sure you’ve seen the same programs and movies I have. A hacker garners control of a vehicle through its entertainment system (and, thusly the Apple Siri’s or Google Assistant’s AI [artificial intelligence]) and directs it through a maze of streets. I’ve already reported how commercial jets can be commandeered.
Continue reading In the not too distant future. Maybe, tomorrow?
HR-1, Biz 2
We are continuing the exploration of the proposed new tax law. Parts 1 and 2 covered individual taxation issues. (There was a preamble, as well.) Yesterday, we started our discussion of what may happen to business taxes.
100% Deductible?
Running a business? Then, you know that money you spend for meals – or entertainment- that are business related are not fully deductible. Oh, sure, if you spend $ 100 wining and dining a client, your profits have been reduced by $ 100. Except that’s not how it appears on your Schedule C or Form 1120 or Form 1065. Because only 1/2 of that expense is deductible.
Unsafe at any speed?
Cars (as practical transportation) have been around for a century now. And, since the 1960’s, we have been working to make our cars safer for us to drive. Of course, some vendors are less than reputable (Volkswagen and Takata Airbags come to mind), but generally our cars have been loaded with safety features- like air bags, non-skid brakes, etc.
Paper wins!
I just finished my Jewish holidays- and then was inundated with folks who failed to file their taxes on the 15th of April. And, what did they do for the ensuing six months? From what I can tell, absolutely nothing. Three of them brought the ubiquitous shoe box- you know, a year’s collection of receipts. The problem? Most of those receipts were printed via heat sensitive ink- and now, 10 to 22 months later, they are a mess of grey blobs, having faded to obscurity.
80 y old- Last Legs?
The Ten Commandments. The Bridge Over The River Kwai. I Want to Live. Ben Hur. Some Like It Hot. Spartacus.