This tax musing reinforces the idea I have mentioned before, that as much as people speculate about 2013 tax law, until something happens, nothing happens! See this article in Accounting Today by Michael Cohn with the scoop (or non-scoop):http://www.accountingtoday.com/news/Tax-Planning-Depends-Election-Outcome-64500-1.htmlMaybe in the end the can will be kicked down the road (meaning the government just extends everything for another year), but it is difficult to plan for next year when you don’t know what next year will bring.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: Don’t be tricked into applying for an online payday loan
This CPA Financial Musing shows us a new loan technique that should be illegal and is very scary. Sending a fake gift card with your name on it to help you sign up for a ‘payday loan’ without even talking about an interest rate! See this article in The Los Angeles Times by David Lazarus that sounds the warning:http://www.latimes.com/business/la-fi-lazarus-20121030,0,1163341.columnTell everyone you know to watch out for this new method of separating you from your money. 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: A look at proposals to limit the mortgage interest deduction
This tax musing explores the idea that both parties are now looking at the mortgage interest deduction as a massive government tax generator, with different ideas on how to tap the potential tax revenue.See this article in by Kenneth R. Harney in the Los Angeles Times to learn more:http://articles.latimes.com/2012/oct/28/business/la-fi-harney-20121028Well it now looks like there may not be any safe ground anymore – all the sacred cows are on the chopping block!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