Looks like credit card processors are trying to lure you back into the fold with low or no interest rate balance transfers! But are they as good as they look on the surface? See this post in The Orange County Register by Melinda Fulmer for the details:http://www.ocregister.com/articles/card-500695-credit-debt.htmlIf you are careful and diligent about paying these transfers they can be cheaper financing that more conventional means, but you HAVE TO BE CAREFUL or they be very expensive.Remember, for financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com
CPA General Musings: April Fools!
Why do we celebrate April 1 as April Fool’s Day? While there a couple explanations, here is one guide to the history of this foolish day by David Johnson and Shmuel Ross In ‘Infoplease’:http://www.infoplease.com/spot/aprilfools1.htmlNow be careful out there on Monday; you don’t want someone dumping a bucket of water on you and shouting ‘April Fools,’ make sure to strike first!Remember, for financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com
CPA Tax Musings: Appeals Court Refuses to Lift Injunction against IRS Tax Preparer Regulation
Well, guess what? The federal appeals court refused to lift the injunction that allows the IRS to regulate tax preparers. Gee that is a surprise! Allowing them to do what they were doing even when the district court said they didn’t have authority to do what they were doing (whew!) See this post by Michael Cohn in AccountingToday for the final word:http://www.accountingtoday.com/news/Appeals-Court-Refuses-Lift-Injunction-IRS-Tax-Preparer-Regulatio-66179-1.html?ET=webcpa:e6881:204199a:&st=emailGuess the IRS will just have to prove its case like the rest of us.Remember, for financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com