This is interesting – a 92 year old lady who has sold suicide kits to about 1,300 people was prosecuted for failing to pay taxes on the sales. Here is the article in Accounting Today by Michael Cohn. Can you say Jack Kavorkian? Here is the article:http://www.accountingtoday.com/news/Elderly-Suicide-Kit-Seller-Sentenced-Failing-Pay-Taxes-62584-1.html?ET=webcpa:e2471:204199a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=WebCPA_Daily_050912It is always wierd that people who have done a bunch of illiegal activities are almost always prosecuted for failure to pay taxes. I guess it is just easier to prove taxes weren’t paid rather than the activity was illegal. Remember, You can count on us to count for you!
Is Your Emergency Fund Enough?
How does your emergency fund measure up? You should have three to six months of income (maybe nine months) to protect against job loss and other emergency situations. Here is an article in The Wall Street Journal by RACHEL LOUISE ENSIGN discussing this issue:http://online.wsj.com/article/SB10001424052702304050304577376333439032796.htmlIf you have questions, call me at 818-317-6035 or email me at bstonercpa@sbcglobal.net and I will try to answer them.Remember, You can count on us to count for you!
What Insurance should you buy and not buy?
Should your pet have insurance? Should you insure you TV or stero? This article by JEANETTE PAVINI in The Wall Street Journal talks about how valuable certain insurance is:http://online.wsj.com/article/SB10001424052702303916904577376163821258618.html If you have further questions, you can talk to the insurance carriers in the Resource section of my website:https://briantstonercpa.com/Resources.htmlRemember, You can count on us to count for you!