And don’t forget Gilligan’s Island! On the lighter side, the IRS has been filming video parodies for education and training for some time, supposedly to save money, but their production costs could have been over 4 million dollars last year. Congress wants an accounting and copies of these two videos but the IRS has been dragging their feet. See this AccountingToday report by Michael Cohn for the details:http://www.accountingtoday.com/news/Congressman-Demands-IRS-Release-Star-Trek-Video-66117-1.html?ET=webcpa:e6845:204199a:&st=emailMany tax professionals I know (as well as myself) have constantly said the IRS needs to make more TV and radio announcements, but why not just give Congress what they want with explanations of why things were done the way they were? Are they hiding something? (Film budget overruns, for instance, something very unusual in the film industry (HAHA)).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 Financial Musings: Workers Saving Too Little to Retire
In a followup to yesterday’s blog, the bottom line of the economy and other financial uncertainies has left many US workers and employers unprepared for retirement. See this article in the Wall Street Journal by Kelly Greene and Vipal Monga and see where you stand:http://online.wsj.com/article/SB10001424127887323639604578368823406398606.htmlIf you are in this delemma, the financial professionals in the ‘Rources’ section of my websire may be able to help. Call or email them and see what they say:https://briantstonercpa.com/Resources.htmlRemember, 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 Financial Musings – Do You Have a Retirement Gap?
The difference between what you will have to retire on and what you need to retire on is called the retirement gap. For more information on this, see this article in US News and World Report by Scott Holsopple:http://money.usnews.com/money/blogs/the-smarter-mutual-fund-investor/2013/03/19/do-you-have-a-retirement-gapIf you have a retirement gap, the financial professionals in the ‘Rources’ section of my websire may be able to help. Call or email them and see what they say:https://briantstonercpa.com/Resources.htmlRemember, 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