The one character trait that all happy people possess is gratitude. If you teach yourself to focus on your blessings rather than your deficiencies, it will change your life. Shakespeare said it best when he put these words in the mouth of the melancholy dane, Hamlet: Nothing is either good or bad but thinking makes it so. So, in no [...]
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Ingratitude is monstrous. – Shakespeare - Gratitude is not only the greatest of virtues, but the parent of all the others. – Cicero - If the only prayer you said in your whole life was, “thank you,” that would suffice. – Meister Eckhart - Wake at dawn with a winged heart and give thanks for another day of [...]
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Roman Polanski will be freed on bail. You heard me, Roman Polanski, the three-decades long fugitive from American justice, was granted bail today in a Zurich court. Polanski pleaded guilty in 1977 to drugging and sodomizing a 13 year old girl. He fled the United States before sentencing. Apparently Swiss authorities do not consider Mr. Polanski – a millionaire [...]
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In my previous blog post I wrote about the IRS’s issuance of proposed regulations on the new credit card transaction 1099 reporting requirement. I am dubious of the usefulness of the new reporting requirements because I don’t think they will achieve the IRS’s stated goal of finding unreported income. Historically corporations have been exempt from the 1099 reporting requirements. [...]
Tags: Opinion · Tax Collections
Tax News reports that the IRS has issued proposed regulations for the new reporting requirement for credit card transactions: The provision was enacted as part of the Housing Assistance Tax Act of 2008 and is designed to improve voluntary tax compliance by business taxpayers and help the IRS determine whether their tax returns are correct and complete. The regulations, which [...]
Tags: Announcements · Tax Collections
Florida attorney blogger Jeffrey Kuntz writes about a tax ruling recently handed down by the Utah Supreme Court: [The Court] released an opinion last week upholding the constitutionality of a Utah statute that taxes businesses in which individuals perform services while nude or partially nude. However, the court struck a Utah statute that taxed escort services as unconstitutional. Bushco, [...]
Tags: Court Cases · Florida Sales & Use Tax · State Taxes
