Think that a prepaid debit card is the perfect solution in an inperfect world? Be aware that these cards also have drawbacks. See this article in The Los Angeles Times by Scott Wilson:http://www.latimes.com/business/la-fi-five-prepaid-20120617,0,3053674.storyThere is no perfect solution out there except to keep track of your spending and spend less than you make.Remember, You can count on us to count for you! P.S. I will be on vacation next week so because of lack of time my next blog will be on July 2.
Over Five Million Americans have Become Renters!
With forclosures rising and salaries falling, is it any wonder more Americans have become renters? This article in The Orange County Register by Jonanthan Lansner and Jeff Collins discusses it:http://lansner.ocregister.com/2012/06/14/5-1-million-more-americans-are-renters/163645/Remember, You can count on us to count for you!
The IRS Low Income Free Service Prepares Taxes for The Rich!
I just saw an article in Accoujnting Today by Michael Cohn that says that the IRS VITA free tax preparation service which has an income limit of under $50,000 has been preparing free returns for taxpayers making up to twice that much. So that’s how some of these guys made their money; free tax preparation! Here is the article:http://www.accountingtoday.com/news/vita-vounteer-income-tax-preparers-tigta-irs-62997-1.html?ET=webcpa:e2609:204199a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=WebCPA_Daily_061512Anyway, if you have tax preparation questions ( and no, I woun’t prepare your return for free!) give me a call at 818-317-6035 or email me at bstonercpa@sbcglobal.net Remember, You can count on us to count for you!