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Showing content with the highest reputation on 07/16/2013 in all areas

  1. Yep. His Star Wars bit is worth the whole effort, by itself. PS Yay!! My Grandaughter's bunny won Best of Breed for holland lop!
    2 points
  2. In a lengthy piece posted at CNS News, it has been found that the IRS consciously decided to ‘legalize illegal aliens’ for tax purposes 17 years ago. This means that foreigners are getting the same tax benefits as U.S. citizens. The most debatable aspect of this move regards refundable child tax credits. CNS News reports : The question of whether to legalize illegal aliens and put them on a pathway to citizenship may be the most controversial legislative issue facing the U.S. Congress this year. But, according to the Treasury Inspector General for Tax Administration (TIGTA), seventeen years have already passed since the Internal Revenue Service made its own “policy decision” to “’legalize’ illegal aliens.” That policy, made those many years ago, not only determined that the IRS would treat illegal aliens the same as legal immigrants and U.S. citizens, but also that the IRS would not hand over to federal immigration authorities information about employers who appeared to be hiring large numbers of illegal aliens and about illegal aliens who filed false documents with the IRS. As a result of the IRS’s policy, by 2010, according to TIGTA, the service was paying out $4.2 billion in refundable “Additional Child Tax Credits” [ACTC] to illegal aliens. In 2011, according to TIGTA, the IRS would pay more than $46 million in tax refunds to what theoretically were 23,994 illegal aliens who all used the same address in Atlanta. The upshot of this change of “policy” by the IRS means that the federal government is subsidizing illegal immigration using taxpayer money: “We believe legislation is needed to clarify whether or not refundable tax credits such as the ACTC may be paid to filers without an SSN,” said the 2009 [inspector General] audit report. “Such a legislative change could result in cost savings to the federal government of $1.8 billion annually ($8.9 billion over 5 years). As it now stands, the payment of federal funds through this tax benefit appears to provide additional incentive for aliens to enter, reside, and work in the U.S. without authorization, which contradicts federal law and policy to remove such incentives.” On July 7, 2011, TIGTA published yet another audit report revealing that President Obama’s economic stimulus law had made the ACTC more generous and that the IRS had paid out $4.2 billion to illegal aliens through this refundable credit in 2010. The title of this audit report: “Individuals Who Are Not Authorized to Work in the United States Were Paid $4.2 Billion in Refundable Credits.” In July 2012, TIGTA published a report on an audit it had initiated because two IRS employees had alleged “that IRS management was requiring employees to assign Individual Taxpayer Identification Numbers (ITIN) even when the applications were fraudulent.” The qualifications for the ACTC are listed here . The second component is very interesting indeed. Qualification – A qualifying child for this credit is someone who meets the qualifying criteria of six tests: age, relationship, support, dependent, citizenship, and residence. Maybe if the IRS spent less time auditing tea party and conservative groups, they could catch more unlawful use of of the U.S. tax code by foreigners?
    1 point
  3. Q: What does a bee do when it is hot?......... A: He takes off his yellow jacket! Q: How hot is it in Southern California?............ A: So hot every fat guy sweating in the city smells like Bacon! Q: What happened after mom purchased a loaf of bread ?............. A: By the time she got home it was toast! Q: What do you need to visit Death Valley, Arizona? ............A: Dental Records. Q: What are the only two seasons in Phoenix, Arizona? .............A: Hot and Hotter. Q: What did the one pig say to the other at the beach? ...............A: I'm bakeon! Q: Which is faster, heat or cold? ..........A: Heat, because you can catch a cold! How hot is it? I saw a dog chasing a cat and they were both walkin' hot water now comes out of both taps. you actually burn your hand opening the car door. the birds have to use potholders to pull worms out of the ground. you realize that asphalt has a liquid state. ....... ........ source: http://www.jokes4us.com/miscellaneousjokes/weatherjokes/heatjokes.html
    1 point
  4. To continue the family pride theme KC has us started on, from Jumbo Joke dot com: The Phases of Parenthood When You Find Out 1st baby: You begin wearing maternity clothes as soon as your OB/GYN confirms your pregnancy. 2nd baby: You wear your regular clothes for as long as possible. 3rd baby: Your maternity clothes are your regular clothes. Preparing for the Birth 1st baby: You practice your breathing religiously. 2nd baby: You don't bother because you remember that last time, breathing didn't do a thing. 3rd baby: You ask for an epidural in your eighth month. The Layette 1st baby: You pre-wash newborn's clothes, color-coordinate them, and fold them neatly in the baby's little bureau. 2nd baby: You check to make sure that the clothes are clean and discard only the ones with the darkest stains. 3rd baby: Sure, boys can wear pink. Worries 1st baby: At the first sign of distress you pick up the baby. 2nd baby: You pick the baby up when her wails threaten to wake your firstborn. 3rd baby: You teach your 3-year-old how to rewind the mechanical swing. Pacifiers 1st baby: If the pacifier falls on the floor, you put it away until you can go home and wash and boil it. 2nd baby: When the he pacifier falls on the floor, you squirt it off with some juice from the baby's bottle. 3rd baby: You wipe it off on your shirt and pop it back in. Diapering 1st baby: You change your baby's diapers every hour, whether they need it or not. 2nd baby: You change their diaper every two to three hours, if needed. 3rd baby: You try to change their diaper before others start to complain about the smell or you see it sagging to their knees. Activities 1st baby: You take your infant to Baby Gymnastics, Baby Swing, and Baby Story Hour. 2nd baby: You take your infant to Baby Gymnastics. 3rd baby: You take your infant to the supermarket and to the dry cleaner. Going Out 1st baby: The first time you leave your baby with a sitter, you call home five times. 2nd baby: Just before you walk out the door, you remember to leave a number where you can be reached. 3rd baby: You leave instructions for the sitter to call only if she sees blood spraying. At Home 1st baby: You spend a good bit of every day just gazing at the baby. 2nd baby: You spend a bit of everyday watching to be sure your older child isn't squeezing, poking, or hitting the baby. 3rd baby: You spend a little bit of every day hiding from the children. Photography 1st baby: You take photos of every milestone in the baby's life, including spitting up, skinned knees, meeting grandma, and more. 2nd baby: You try to take photos at least once a year. 3rd baby: He looks enough like his brother that taking photos is redundant. Posted June 22, 2007 8:00 AM - See more at: http://www.jumbojoke.com/the_phases_of_parenthood.html#sthash.Jncu5E6G.dpuf
    1 point
  5. Usually it's a "financial Colonoscopy". Make it clear up front that you will have to charge by the hour. The more the client does to get organized, the better for him in keeping your fees down. Once you have that understanding in place, Gail's advice is spot-on. Might have been just 'luck of the draw', or maybe triggered by some former 'sub' asking for unemployment, etc. Does not matter now WHY. But discuss the issue of subs in detail in advance, so you know what to expect. PS NEVER EVER LIE to them, if you don't know some detail, just say that and tell them you will get the info and get back to them. DO NOT ever assume you know annything you have not already checked yourself. You are not responsible for the outcome, but you are for what you tell them.
    1 point
  6. >>Could thid be looked at like partnership interest is?<< I'm not sure what you are referring to, but anyway the loan proceeds were used to acquire stock in a corporation, which is an investment. All that matters is what the money was for, not the relationship of the parties. Even if he had borrowed the money on behalf of the corporation, it was not used for operating the business so you are still just looking at investment interest expense.
    1 point
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