An interesting take on how high tax rates cause or don’t cause unemployment by Kelly Phillips Erb, contributor to Forbes:http://www.forbes.com/sites/kellyphillipserb/2013/09/03/would-very-high-taxes-keep-unemployment-rates-low/Looks like the fluctuations of both tax rates and unemployment yield decidedly mixed results.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 Follow me on Twitter! @bstonercpa
Beware of the Tax Code Bearing Gifts
As this posting by Roger Russell in AccountingToday says, Depreciation can be a great benefit, but beware of recapturing it on the sale of the asset at much higher rates:http://www.accountingtoday.com/news/Beware-Tax-Code-Bearing-Gifts-67927-1.htmlThis is where planning can help reduce or virtually eliminate the high recapture rates. Call or email me for more information on this. 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 Follow me on Twitter! @bstonercpa
Top 10 Tax Mistakes Made by Investors
This list of mistakes by John Burke and Steven Criscuolo have both general and complex mistakes that could really cost you in taxes and they mostly can be avoided with a little planning:http://www.accountingtoday.com/news/Top-Tax-Mistakes-Made-Investors-67796-1.htmlThat is one reason I don’t bill for telephone and email time – I want my clients to let me know when they are planning something out of the ordinary so we can plan for the results.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 Follow me on Twitter! @bstonercpa