You bet!
Personally, as someone who enjoys a good video poker machine, I'd love to have casinos with more of those machines closer to home, without having to drive 5 hours to Las Vegas.
As an Enrolled Agent, dealing with folks in tax trouble, their financial adviser and author of TaxMama.com, dealing with clients and questions from thousands of people each year, I haven't seen many instances of people who've gotten into trouble with gambling or gambling debts. Perhaps 5-10 people in over 30 years. So, I don't see having more easily accessible casinos increasing that problem.
After all, anyone who's really addicted and has a gambling problem can do it from the comfort of their home via the Internet. There dozens of gambling ventures online - both for casino games and sportsbooks.
Economically, Californians are presently a very big part of the Nevada gambling economy. Increasing the size of California Indian casinos will only help keep some of the income at home. $9 billion without raising taxes is a really tempting opportunity.
This venture costs the Tribes about 15% of profits, while the Lottery gives 83% of its net income to the state. (See California Progress Report by Peter L. Stahl.
In terms of safety, both Nevada and Indian casinos encourage seniorsto come spend their money by sending buses to pick them up for afree trip to their casinos. Those buses don't necessarily have the best reputation for safe maintenance and upkeep. Some even hire, or retain, drivers with DWIs. So, the less time and distance seniors and others spend on those party buses, the better off they are. Another vote for expanding the casinos.
And then, there's this article on the LA Weekly about the Indian casinos and how they've been expelling entire segments of tribes as not being legitimate tribal members, ignoring all objective facts to the contrary. It seems the tribal councils can be rigged - and their authority is absolute. Their decisions are not subject to appeal. The courts, the Bureau of Land Management and state and local governments have no say, whatsoever. (Read this article - and get past the emotional tugs.) This is extremely disturbing. Watching the high-handed, unrestrained behavior of tribal governments towards very the members who broughtthem the prosperity they have, well, I don't want to reward them by giving them ever more wealth.
Besides, what guarantee do we have that they will even pay over the$9 billion to the State? And if they don't, what jurisdiction does California have to collect the money from Tribal accounts?
And once the laws are passed granting the tribes the right to expand their facilities, how do yourevoke those laws? Not easily. Also, another very big issue has arisen. The tribes, with all their new money have emerged as powerful political forces. They are able to lobby generously to advance their agendas and their candidates. They've already thrown a lot of money around Sacramento to get theseinitiatives on the ballot. And from the way they've behaved towards their own members, this does not bode well for Californians. I am finding their behavior more and more disturbing. Frankly, they've lost the sympathy of thinking Californians for the plight of Indians, many of whom still need help and shouldn't be overlooked.
TaxMama is encouraging Californians to vote against Propositions 94-97. VOTE NO!
Monday, January 07, 2008
Monday, July 30, 2007
Farmers Insurance Invades Consumer Privacy
An Open Letter to Farmers Insurance
To: Paul N. Hopkins
Chief Executive Officer
Farmers Group, Inc.
Dear Mr. Hopkins:
First let me say that we are not presently customers of Farmers Insurance.
And if this is the irresponsible way your marketing department works, we never will be again.
It seems Farmers Insurance started a new marketing campaign last week.
Today (Monday) we received two communications from agents with your company.
The first one was somewhat annoying, it was a letter coming from an agent in Glendale, California and contained a great deal of information about our home - address, square footage and year it was built. It was a solicitation to buy insurance from Farmers. It contained a list of potential coverages, showing the value of dwelling, structures, landscaping and so forth.
It was annoying for two reasons:
1) We are not happy your agents are pulling this information about us without our permission. It feels like a personal violation.
2) It's yet another thing with excessive personal information thatwe must take the time to shred, instead of simply throw out. We are not thrilled, but...a sad reflection on the current state ofmarketing, it's something we're used to seeing.
However, the second piece we received in the same mailbox was inexcusable.
It was from XXXX XXXX Agency
Woodland Hills, California
(Note: I will not violate his privacy)
It contained all that same information - on a postcard.
With our home address (the address of the property) on the face of the card and on the back, on top of all that information with the the value of dwelling, structures, landscaping and so forth.
How DARE your agent or Farmers or anyone put this kind of information out into the public view in an era when identity theft is rampant.
Is it really necessary to take this to Congress to increase already asphyxiating Privacy Laws? Isn't there room for common sense and common decency in your marketing department, without legislation?
It almost makes us feel as if Farmers is not in the protection industry, but the protection racket.
Remove us from ALL your solicitation lists at once.
And stop this practice of making anyone's private information public. If you must engage in these marketing practices, at least have the decency to establish a policy of keeping the information inside envelopes, like the first agent did.
Frankly, it does not make the agency look well-informed. It makes the sender look disconcertingly intrusive.
Looking forward to your reply. Please note, this letter is published in the Tax Insider tonight.
Hopefully, by this Friday's issue of Ask TaxMama, I will be able to add your reply that this is not Farmers' policy and will not be happening again.
Sincerely,
Eva Rosenberg, EA
http://www.taxmama.com/
http://www.taxquips.com/
To: Paul N. Hopkins
Chief Executive Officer
Farmers Group, Inc.
Dear Mr. Hopkins:
First let me say that we are not presently customers of Farmers Insurance.
And if this is the irresponsible way your marketing department works, we never will be again.
It seems Farmers Insurance started a new marketing campaign last week.
Today (Monday) we received two communications from agents with your company.
The first one was somewhat annoying, it was a letter coming from an agent in Glendale, California and contained a great deal of information about our home - address, square footage and year it was built. It was a solicitation to buy insurance from Farmers. It contained a list of potential coverages, showing the value of dwelling, structures, landscaping and so forth.
It was annoying for two reasons:
1) We are not happy your agents are pulling this information about us without our permission. It feels like a personal violation.
2) It's yet another thing with excessive personal information thatwe must take the time to shred, instead of simply throw out. We are not thrilled, but...a sad reflection on the current state ofmarketing, it's something we're used to seeing.
However, the second piece we received in the same mailbox was inexcusable.
It was from XXXX XXXX Agency
Woodland Hills, California
(Note: I will not violate his privacy)
It contained all that same information - on a postcard.
With our home address (the address of the property) on the face of the card and on the back, on top of all that information with the the value of dwelling, structures, landscaping and so forth.
How DARE your agent or Farmers or anyone put this kind of information out into the public view in an era when identity theft is rampant.
Is it really necessary to take this to Congress to increase already asphyxiating Privacy Laws? Isn't there room for common sense and common decency in your marketing department, without legislation?
It almost makes us feel as if Farmers is not in the protection industry, but the protection racket.
Remove us from ALL your solicitation lists at once.
And stop this practice of making anyone's private information public. If you must engage in these marketing practices, at least have the decency to establish a policy of keeping the information inside envelopes, like the first agent did.
Frankly, it does not make the agency look well-informed. It makes the sender look disconcertingly intrusive.
Looking forward to your reply. Please note, this letter is published in the Tax Insider tonight.
Hopefully, by this Friday's issue of Ask TaxMama, I will be able to add your reply that this is not Farmers' policy and will not be happening again.
Sincerely,
Eva Rosenberg, EA
http://www.taxmama.com/
http://www.taxquips.com/
Monday, March 19, 2007
TaxMama's SoapBox - Challenge to the SubPrime Lenders!
Stop the SubPrime Bleeding!
SEND THIS TO EVERYONE YOU KNOW
The Lenders are the Nail that will lose us the Kingdom.
Have you seen this week's stock market roller-coaster?
Prices have plummeted, then risen somewhat. And why?
Because of the investors' concern over the impending collapse of the mortgage loan industry.
The problem is big. And it's going to affect all those people who
bought homes they could just barely afford, by paying negatively
amortizing payments on an initially low rate mortgage.
As the rate goes up, they won't be able to keep making the minimum
payments any longer. The lender will foreclose. The homeowner loses.
The former homeowners will have a major blot on their credit and will have difficulty finding new housing. They may eventually become homeless. The welfare system loses.
Due to stress, and lack of a normal place to live, and inability to concentrate, they will lose their jobs. The employer loses.
Their kids will become angry and hostile and do poorly in school and end up on the streets with gangs as their support system. The penal system loses.
The house will go on the block and sell for less than the mortgage value. The lender loses.
The lender's portfolio of loans will replete with bad loans. The lender's stock price will plummet. The investor loses.
Heck, the companies who've built their portfolios on the sales or purchases of these subprime loans will go bankrupt. The whole stock market loses.
The foreclosed sales will end up in the real estate comps database and pull down the values of other homes in the area. The real estate market loses.
I could go on and on. There are only more bad consequences to this whole chain of events.
Does this remind you of the old rhyme - For Want of a Nail?
For want of a nail
There's only ONE way to stop this cycle and turn this into a win-win situation for everyone.
That's for the lenders to be proactive, right now, and re-negotiate the interest rates and monthly payments on each loan that's presently in trouble.
Rather than negative amortization, how about an equity loan. Reduce the interest rate and payment in exchange for a share of the appreciation when the home is sold or the note comes due in 20 or 30 years?
Result?
- The homeowner won't lose the home.
- The lender doesn't lose the loan portfolio.
- Below-value homes won't flood the market.
- The kingdom is not lost.
Everyone wins.
But that's just one TaxMama's opinion.
I CHALLENGE THE LENDING COMMUNITY TO STEP AND BE RESPONSIBLE.
STOP FORCING PEOPLE INTO FORECLOSURE.
YOU CAUSED THE PROBLEM BY EAGERLY PUSHING THE ARTIFICIALLY LOW RATE VARIABLE LOANS AND NEGATIVELY AMORTIZING LOANS ON PEOPLE WHO COULDN'T AFFORD THEM.
NOW, FIX THE PROBLEM. PROVIDE THEM WITH LOANS THEY CAN PAY - AND SAVE THE ECONOMY.
Did you hear Hilary's Clinton's speech last week, suggesting the government step in and bail out the mortgage industry? She talked about a Consumer Rescue Fund.
Does that get you as angry as it got me?
The mortgage industry made a fortune pushing loans on people who couldn't afford to make the payments for the last 3-5 years. They made billions!
They can just darn well cut their profits a bit and fix the their problems without taxpayer fund, don't you think?
If you agree with me, send out this page to as many people as you can - especially to your mortgage brokers and lenders:
http://go.asktaxmama.com/subprimechallenge
Let's challenge the mortgage industry to fix itself!
(Note: there were some good points in her plan to provide better, low-interest loans for low-income families. But I totally object to bailing out the lenders with her new plan. Yes, it looks like she's trying to help the families. But the plan should insist the lenders, who've already profited from the substantial points and fees they've collected, should be the ones responsible for re-writing their own loans. The government shouldn't have to foot their bill!)
Note: To send your comments to Senator Clinton, please click here.
Sunday, February 12, 2006
Looking Through Rose-Colored Memories
Sometimes, it Takes a Birthday
My cousin, Dr. Judy, is about to have a milestone birthday next week.
She said she doesn't want any birthday presents. There's nothing she really needs that she can't afford to buy for herself.
What she does want is for us all to take the money we would have spent on her, and to give it to Naomi Bronstein's Canadacares Children’s International Foundation.
Why, because my cousin went to Guatemala to help out some medical friends who were volunteering to help orphans, children and sick families. Her friends gave Judy some fundamental medical training so she could provide some useful assistance while she was with them.
And Judy found herself doing things she'd never imagined, working alongside a doctor or a dentist, elbows deep in...well you can see the picture, can't you?
While in Guatemala, she met Naomi Bronstein and was deeply moved by the work she's doing to make life and health possible for people who are living in conditions of poverty and deprivation we can't even imagine.
Judy was intensely affected by Bronstein's devotion to children over years, airlifting orphans from Vietnam, adopting 7 of them herself, helping the children in devastated Guatemala after Hurricane Mitch.
That's where she wants our money to go - to Naomi Bronstein.
After reading more and more about her accomplishments, it's clear this woman can use help - and deserves to get it.
Only, it's not clear whether her organization qualifies as a charitable deduction.
But Judy's organization does. Share the Power is a qualified 501 (c)(3) organization.
So my donations will go to her.
In fact, I've done another thing.
Something that started out as a private joke... when we were talking about how we've aged.
That I didn't really want certain of the people she'd invited to her party to see me as I look now. They haven't seen me in many years. And she's feeling a little overly wrinkled here and there, too. Well, it led to this idea.
Instead of telling them they couldn't look at us - and destroy that wonderful image of us they've always carried in their heads, I suggested Judy to tell them to look at us through rose-colored memories.
Of course, that gave me another idea. And here it is.
I created a Rose-Colored Memories shop. Every dime of profits will go to Naomi, via Share the Power. http://www.cafepress.com/taxmama/1409950
And I appeal to you to help.
Why?
Well, read this letter from Naomi, and you'll see:
That's why you'll want to help. They need her in Guatemala. She's doing a great deal of good.
Naomi is there, on the ground, helping people, doing things we wish we could be doing for others in conditions we'd never want our children or family to even see, much less live in.
Naomi is our proxy.
Naomi is our conscience.
Share your rose-colored memories with us (using the comments box below) - stories of memories and people and places that make you smile, and feel warm...and bring a tear to your eyes.
And wear your rose-colored memories proudly.
http://www.cafepress.com/taxmama/1409950
My cousin, Dr. Judy, is about to have a milestone birthday next week.
She said she doesn't want any birthday presents. There's nothing she really needs that she can't afford to buy for herself.
What she does want is for us all to take the money we would have spent on her, and to give it to Naomi Bronstein's Canadacares Children’s International Foundation.
Why, because my cousin went to Guatemala to help out some medical friends who were volunteering to help orphans, children and sick families. Her friends gave Judy some fundamental medical training so she could provide some useful assistance while she was with them.
And Judy found herself doing things she'd never imagined, working alongside a doctor or a dentist, elbows deep in...well you can see the picture, can't you?
While in Guatemala, she met Naomi Bronstein and was deeply moved by the work she's doing to make life and health possible for people who are living in conditions of poverty and deprivation we can't even imagine.
Judy was intensely affected by Bronstein's devotion to children over years, airlifting orphans from Vietnam, adopting 7 of them herself, helping the children in devastated Guatemala after Hurricane Mitch.
That's where she wants our money to go - to Naomi Bronstein.
After reading more and more about her accomplishments, it's clear this woman can use help - and deserves to get it.
Only, it's not clear whether her organization qualifies as a charitable deduction.
But Judy's organization does. Share the Power is a qualified 501 (c)(3) organization.
So my donations will go to her.
In fact, I've done another thing.
Something that started out as a private joke... when we were talking about how we've aged.
That I didn't really want certain of the people she'd invited to her party to see me as I look now. They haven't seen me in many years. And she's feeling a little overly wrinkled here and there, too. Well, it led to this idea.
Instead of telling them they couldn't look at us - and destroy that wonderful image of us they've always carried in their heads, I suggested Judy to tell them to look at us through rose-colored memories.
Of course, that gave me another idea. And here it is.
I created a Rose-Colored Memories shop. Every dime of profits will go to Naomi, via Share the Power. http://www.cafepress.com/taxmama/1409950
And I appeal to you to help.
Why?
Well, read this letter from Naomi, and you'll see:
Dear Judy,
Things here have been pretty bad. Our co-worker and his 13 year old nephew were killed when going off the dirt road onto the highway after helping us with the wood. We build 400 beds for those sleeping in the cold mud. However Isaiah’s small truck was literally under this massive truck and both he and his nephew were killed instantly.
My financial support [name deleted] have written that they have stopped my living expenses and salary for Hugo and the light, phone, care payments etc as of this month, May. When I signed the contract I asked her first, and I told her that as the contract ended in Sept, I had to give notice in June. I don’t know if this was a mix up or not but it seems the payments stop in May.
There is no other place I can go as I have no money for rent or Hugo or car, or food or medicines. I have to be in country, actually living here in order to receive Grants and donations for projects, in order they be administrated and used correctly. All these expenses, including the place we rent for storage, and where Hugo and his wife and 3 kids live will have to go, his contract ends Nov 11th, but I think I can convince the owner to let us out earlier as Hugo, me, his wife, brothers and friends turned it from a cockroach infested, rat infected, giant cobwebs and filth to a painted clean place. I know he will be able to rent it for more.
However I have to pay for a place to live for myself, and salary and car payments and truck insurance, computer, light, gas, etc. This really adds up to $5000. per month. The Gibsons were giving me $9000 so I could also buy meds and pay for surgeries on kids here and still go to remote areas. Then it was cut more than half.
The US Weather bureau predicts 25 tropical storms and 17 Hurricanes for Guatemala this year.
31,000 are homeless, 1/3 of the country destroyed, we have grant and donation applications in, and one for the Mobile Medical Units that were old school buses that will go to the villages and treat the children & their families. If I am not living on the ground physically, none of these donations or grants will continue to happen and hundreds of children will suffer and many will die.
I need to find a way to raise, in a total pledge $5000 per month transferred to Canada and then my daughter wire transfers it to me here so an income tax receipt can be made that is acceptable to the IRS.
Really, when you think of $5000 a month divided up among people, companies, churches, clubs etc it really is not so hard to get going, and I am running out of time. The only thing is that whatever anyone pledges monthly, they have to keep this pledge for a year or how ever longer they want, but not less them a year. This is if its paid monthly.
I have to be here to help the kids, I cannot return to Montreal as I have no income at all, here or there.
So in 30 days I’m without funds, I am borrowing $3000 from a friend, but he knows I cannot pay it back. But I have to live and raise money for these children, who have nothing but more misery to look forward to this year.
Please Judy, I know it’s not your responsibility, but if you have any way that I can obtain living expenses in order that I remain here I cannot tell you how grateful I would be.
I have sent my CV in for jobs in Iran, Iraq, Afghanistan and Pakistan. The areas are more dangerous but there is a little more income because of it, they provide you with a place to stay medical and airplane there and back. Its not what I want to do.
It took me years to gain the trust of the villagers here, from all the places we go. I have all my contacts here since I arrived after the massive earthquake in 1977. Any ideas you can come up with?
Take Care, hope you are well.
Naomi
That's why you'll want to help. They need her in Guatemala. She's doing a great deal of good.
Naomi is there, on the ground, helping people, doing things we wish we could be doing for others in conditions we'd never want our children or family to even see, much less live in.
Naomi is our proxy.
Naomi is our conscience.
Share your rose-colored memories with us (using the comments box below) - stories of memories and people and places that make you smile, and feel warm...and bring a tear to your eyes.
And wear your rose-colored memories proudly.
http://www.cafepress.com/taxmama/1409950
Friday, February 10, 2006
Valentine's Day Gift Ideas
Tony Martignetti, founder and managing director of Martignetti Planned Giving Advisors suggests you make a donation to a charity in memory or in honor of a loved one as a Valentines Day gift. The donation also helps out the charity/cause you support and is completely tax deductible --- yet still a very unique/special 'wow' gift. It's a touching way to remember loved ones lost recently to natural disasters and terror attacks.
What other ideas do you have that would help someone think of you fondly? Be creative now.
What other ideas do you have that would help someone think of you fondly? Be creative now.
Friday, January 27, 2006
What Would You Do with $260
How interesting. Ths past week, while I was working on today's Tax Watch column, I put out a request to all the aggressive hungry public relations people, authors, universities, and experts, asking, "What Your Best Use of $260 per Year?" (I didn't tell them that this was in lieu of spending $5 per week on the lottery.
The results were bleak, boring and uncreative. Though the article turned out very well.
I also asked about whole life insurance policies and annuities. Not a nibble. And it's impossible to get instant quotes online for life insurance. Though, I did find universal life policies worth $50,000, with costs of as little as $282 for a very healthy woman or $340 for similarly healthy man.
Hey, maybe you can come up with better ideas, yes?
I invite your ideas.
The results were bleak, boring and uncreative. Though the article turned out very well.
I also asked about whole life insurance policies and annuities. Not a nibble. And it's impossible to get instant quotes online for life insurance. Though, I did find universal life policies worth $50,000, with costs of as little as $282 for a very healthy woman or $340 for similarly healthy man.
Hey, maybe you can come up with better ideas, yes?
I invite your ideas.
Monday, January 23, 2006
Looking up Stock Values at Specific Dates
Just a quick note - as much for me as for you.
I had to look up the 'date of death' values on a fairly diverse portfolio just now.
MarketWatch's Big Chart Historical Look-Up tool lets you enter the date you want to look up, and just change the ticker code, one after the other. It's fast, easy and when you print off just the one page, it has all the information you need right there. (Unlike some sites where you have ads all over the the top of the page do you have toprint out two or more pages to get what you need.
TaxMama's like tidy.
It was able to find values for stocks, mutual funds, REITs...
This will be great for you to use when working on your tax returns.
I had to look up the 'date of death' values on a fairly diverse portfolio just now.
MarketWatch's Big Chart Historical Look-Up tool lets you enter the date you want to look up, and just change the ticker code, one after the other. It's fast, easy and when you print off just the one page, it has all the information you need right there. (Unlike some sites where you have ads all over the the top of the page do you have toprint out two or more pages to get what you need.
TaxMama's like tidy.
It was able to find values for stocks, mutual funds, REITs...
This will be great for you to use when working on your tax returns.
Tuesday, January 03, 2006
The Real Estate Market is Down
This morning, Al Tompkins reports that new homes sales are down 11% and that developers are offering some very generous incentives. If Al is talking about it, you'll be hearing about it from print and broadcast journalists all over the country.
This is a just a quick note to you if you're on the market for a new home - or any home that comes with inducements to buy.
Some of those offers are really generous - and tempting. But they will come with a surprising price tag - taxes.
Gifts, vacations, golf-club memberships will all turn out to be taxable income to you.
Instead, opt for price reductions, carpets, drapes, upgrades, landscaping and such. Things that are attached to the home, or that reduce the price of the home will simply change your basis (tax cost) in the home. They won't create a taxable event.
This is a just a quick note to you if you're on the market for a new home - or any home that comes with inducements to buy.
Some of those offers are really generous - and tempting. But they will come with a surprising price tag - taxes.
Gifts, vacations, golf-club memberships will all turn out to be taxable income to you.
Instead, opt for price reductions, carpets, drapes, upgrades, landscaping and such. Things that are attached to the home, or that reduce the price of the home will simply change your basis (tax cost) in the home. They won't create a taxable event.
Friday, November 11, 2005
Evolution of a Tax Article
As I sit here, at 5:00 a.m. waiting to make a call to the East Coast, I am reminded of something an English teacher was fond of saying in high school. He said, never assume. "You make an ass of you and me":
ASS U ME
Fervently chasing down a story for MarketWatch, I spoke to several experts about my topic, as well as several agents who represented experts. But when youwrite articles for national publications, they expect you to go beyond the experts - and get a personal flavor to the story.
So, I needed a real person who couldtell me his or experience with this tax issue. And one of the public relations agents arranged just such an interview for me.
My goal was to finish all the interviews yesterday and spend Friday, Veterans Day, with my husband.
Then, I could use the weekend to read all the research I've collected. That way, Monday, I'd know if there were any loose ends to tie up - and I could craft another brilliant, wonderful and informative article for my TaxWatch column.
It took all day to connect with this woman, so by4:30 yesterday evening (it's dark, so it feels like evening), I thought I was finishing up the last pieceof the puzzle. Only this woman, the human interest focus of the piece, didn't want to be identified by name!
The PR agent never bothered to ask the basic question - "You understand that the journalist is interviewing you to include your story in the article. Are you willing to have your name in the article?" She assumed that this woman, a satisfied customer of her client, understood.
Why else would a journalist want to talk to a private person, rather than an expert? Unless, of course, they were doing an expose on something and needed to keep the source private - like Deep Throat.
Oh, I did ask here is she wanted to expose someone or something? But, no, she was happy with her experience - and just wanted privacy.
My friends, if you're seeking privacy, you shouldn't be volunteering to speak with journalists. What part of that concept is unclear?
The Silver Lining
Actually, as it happens, due to this lady's confusion, I had a very interesting conversation with one of my experts who did provide a customer willing to be identified. You'll meet Dan in the MarketWatch article this month. He gave me such an interesting slant on the story and how to improve an IRS procedure - that I think even IRS will like the idea.
ASS U ME
Fervently chasing down a story for MarketWatch, I spoke to several experts about my topic, as well as several agents who represented experts. But when youwrite articles for national publications, they expect you to go beyond the experts - and get a personal flavor to the story.
So, I needed a real person who couldtell me his or experience with this tax issue. And one of the public relations agents arranged just such an interview for me.
My goal was to finish all the interviews yesterday and spend Friday, Veterans Day, with my husband.
Then, I could use the weekend to read all the research I've collected. That way, Monday, I'd know if there were any loose ends to tie up - and I could craft another brilliant, wonderful and informative article for my TaxWatch column.
It took all day to connect with this woman, so by4:30 yesterday evening (it's dark, so it feels like evening), I thought I was finishing up the last pieceof the puzzle. Only this woman, the human interest focus of the piece, didn't want to be identified by name!
The PR agent never bothered to ask the basic question - "You understand that the journalist is interviewing you to include your story in the article. Are you willing to have your name in the article?" She assumed that this woman, a satisfied customer of her client, understood.
Why else would a journalist want to talk to a private person, rather than an expert? Unless, of course, they were doing an expose on something and needed to keep the source private - like Deep Throat.
Oh, I did ask here is she wanted to expose someone or something? But, no, she was happy with her experience - and just wanted privacy.
My friends, if you're seeking privacy, you shouldn't be volunteering to speak with journalists. What part of that concept is unclear?
The Silver Lining
Actually, as it happens, due to this lady's confusion, I had a very interesting conversation with one of my experts who did provide a customer willing to be identified. You'll meet Dan in the MarketWatch article this month. He gave me such an interesting slant on the story and how to improve an IRS procedure - that I think even IRS will like the idea.
After all, what's the point of writing a tax article if I can't also change the way the tax system works? That would be too mundane. Anyone could that!
So, tune in to next week's TaxWatch column to see how to avoid paying taxes on millions of dollars - or even a few measly hundreds of thousands - without having to work hard.
Friday, October 07, 2005
Filing for a Trademark Online
Did you know that you can file for a trademarkall by yourself, online? Yup, just go right here:
http://www.uspto.gov/
http://www.uspto.gov/
The cost can be as low as $275.00, if you use their quick application and have everything you need at hand.
Before you try to do it on the fly, start here and read the specs for what you have to have at hand before you file the application.
http://www.uspto.gov/web/offices/tac/doc/basic/index.html
You'll need to know what International Class ofGoods or Services your product or service to select to register your product. Look it up here:
http://www.uspto.gov/web/offices/tac/doc/basic/international.htm
Interestingly enough, while filling in the application online, I found that when you get to that question, their system let's you do a search and will inster your choices. There are some selections that let you add descriptive terminology. Let's see if the Trademark officeattorneys accept my additions or insist onchanging them.
In the past, I've filed by myself, using their regular, paper applications.
The last two applications I filed several years ago were held up due to some graphical representation issues. And I did something really, really, really stupid.
Instead of going to a graphic artist, and just paying them to produce the graphic the way the Trademark office wanted, I was so frustrated and annoyed, that I hired an attorney, on the recommendation of a friend, to finish up the application.
Rather than spending, perhaps, $50 or $100 on the designer, I ended up spending a couple of thousand dollars on this attorney, who just dragged out the whole process because he never even called the Trademark Office attorney to ask specifically what they needed in order to finalize the application. (I always did that and those guys were generally quite helpful.) Instead, this professional just kept wasting time on letter after letter, without really addressing the TO's specific requests. This PRO even charged me $300 just to receive the acceptance and certificate and mail it to me. (At least until I called him and questioned that ridiculous charge.)
All this stupidity arises from one of the big frustrations of my life, one of the things that get me bogged down every time - the fact that I don't have the time to learn any of the various graphic or design programs. Whenever it comes to graphics, since I don't have to skills, I've always wasted a day or more putzing around with the wrong tools or just messing up, trying to figure out the right tools. (OK, OK, I know, read the instructions!)
Of course, as with the trademark application, that also leaves me severely limited in what I can do by myself when I am working on an e-book or CD, or trying to create the graphics to go with them.
Then, a couple of years ago, I stumbled on the LogoCreator software by Marc Sylvester at LaughingBird (don't you love the name?). I've been using that to do quickie things when I need something NOW.
Like, this week, when I was filing a trademark application online - I hit a road block. I needed a graphic of a specific size, density and format that I didn't have. (Have you ever noticed, every time you need a graphic for something, the one you have is always the wrong size or something?)
The Trademark Office requires the SPECIMEN to be in JPG format:
"The image must be in .jpg format; scanned at no less than 300 dots per inch and no more than 350 dots per inch, with a length of no less than 250 pixels and no more than 944 pixels, and a width of no less than 250 pixels and no more than 944 pixels. All lines must be clean, sharp and solid, must not be fine or crowded, and must produce a high quality image when copied."
So, here's my other frustration. My designers give me a graphic, but while it might be good for the original purpose intended, it doesn't fit the use I have for it right now - like that application.
Well, using LogoCreator, I've been able to make the revisions to size, detail, format. I was able to take one of my exisiting graphics which was inGIF format. I loaded it into the LogoCreator and converter it to a higher density JPG with theright dimensions to fit into US Patent Office's system. As a result, I was able to file the application online, on the spot, without having to wait a day or two...or forever, to get the graphicI needed.
Coincidentally, this week, I got a note from Marc about a new tool he's just created. He calls it an eCover Creator, but I read the details. You can create a lot more than just gorgeous covers for e-books and discs. It will also let you use it for logos and other graphics you need on yourwebsite.
http://go.asktaxmama.com/ecover
And this time, if the Trademark Office needs graphics changes (because, oops, I sent the graphic in color and I think it should have been black and white), I can handle it myself!
Tuesday, September 20, 2005
Hurricane Katrina Emergency Tax Bills Summarized
Legislation is pending to provide tax relief to victims of Hurricane Katrina, and to extend it to victims of other Presidentially declared disaster areas.
Currently on the books, we already have rules for reporting casualty losses sooner, so you can start getting tax refunds now, when you need the money. I've explained how to that in today's MarketWatch article - After Disaster, a Tax Break.
To get a summary of the legislation pending, let's turn to NAEA - www.naea.org
The National Association of Enrolled Agents, whose members are tax specialists, licensed to represent taxpayers before IRS - and who work with all state and local agencies to help you resolve your tax problems.
Hurricane Katrina Relief
Last Thursday, both houses passed by voice vote similar bipartisan tax relief bills for victimsof Hurricane Katrina. The Senate bill interesting.
While the differences will be worked out in conference, the common elements of the billinclude provisions:
Currently on the books, we already have rules for reporting casualty losses sooner, so you can start getting tax refunds now, when you need the money. I've explained how to that in today's MarketWatch article - After Disaster, a Tax Break.
To get a summary of the legislation pending, let's turn to NAEA - www.naea.org
The National Association of Enrolled Agents, whose members are tax specialists, licensed to represent taxpayers before IRS - and who work with all state and local agencies to help you resolve your tax problems.
Hurricane Katrina Relief
Last Thursday, both houses passed by voice vote similar bipartisan tax relief bills for victimsof Hurricane Katrina. The Senate bill interesting.
While the differences will be worked out in conference, the common elements of the billinclude provisions:
- allowing deductions for taxpayers who take in hurricane evacuees ($500 per evacuee up to $2,000)
- exempting from taxation debts cancelled because of the hurricane
- waiving the 10% penalty for early withdrawal from retirement plans
- eliminating the 10% floor for casualty losses incurred in the disaster area (including those claimed on amended returns
- extending the replacement period for non-recognition of gain (for property in the disaster area) of involuntarily converted property)
- raising the mileage rate for charitable use of automobiles (the two bills differ slightly here, with the House at 70% of the standard mileage rate and the Senate at 60%)
- allowing use of 2004 earned income to calculate thechild credit and earned income credit for 2005 returns
- creating a tax credit for employers retaining on their payrolls disaster area employees.
What else should we expect?
Well, in an unofficial transcript of the Senate floor colloquy between Senators Grassley and Baucus yesterday, Senator Baucus said, "This is just a start. We have clearly to do more...In the long term, we're obviously going to bring up a package for long-term assistance, enterprise zone, depreciation acceleration, bonding authority to help rebuild infrastructure..."
Thursday, August 18, 2005
In Honor of Bad Poetry Day - Bad Tax Poetry
In honor of Bad Poetry Day, I am throwing
out the first mal-poesy.
How badly can you do?
THE SLOW CLIENT BLUES
by TaxMama
The time is near
to finish all returns,
to send them to our clients dear
and allay all their concerns
It only took them 7 long months
while we stack files and sat on our buns,
waiting, waiting for clients to-do lists
to be do'd while we clenched our fists.
Finally, finally, the simple return
missing only the interest is done
and we have time to burn
and go out and have so fun!
----------------
Now, it's your turn.
Please use the COMMENTS button to add your own worst shot.
Be sure to identify yourself and include a link to your website.
Fine print (get our your magnifying glass): By sumbitting your awful poetry, you are authorizing TaxMama and all TaxMama-related companies and businesses, to reprint your worst effort anywhere and anytime...attributing that dismal work oto you.
Also, please feel free to use the COMMENTS button to vote on the worst poetry.
out the first mal-poesy.
How badly can you do?
THE SLOW CLIENT BLUES
by TaxMama
The time is near
to finish all returns,
to send them to our clients dear
and allay all their concerns
It only took them 7 long months
while we stack files and sat on our buns,
waiting, waiting for clients to-do lists
to be do'd while we clenched our fists.
Finally, finally, the simple return
missing only the interest is done
and we have time to burn
and go out and have so fun!
----------------
Now, it's your turn.
Please use the COMMENTS button to add your own worst shot.
Be sure to identify yourself and include a link to your website.
Fine print (get our your magnifying glass): By sumbitting your awful poetry, you are authorizing TaxMama and all TaxMama-related companies and businesses, to reprint your worst effort anywhere and anytime...attributing that dismal work oto you.
Also, please feel free to use the COMMENTS button to vote on the worst poetry.
Friday, August 05, 2005
Serendipity
Oh my goodness! Last summer, an old friend died.
Two week before he died, he called me and entrusted me
with caring for his son. Now, since his son was middle-
aged, you wouldn't think that would be such an issue.
But Dad had sheltered him so well from financial matters
that his son didn't even have any of his own credit.
And Dad left debt - but substantial equity in his home.
It's been a year now. It's almost the anniversary of Dad's
death. And Son just called me with the latest update on
his financial situation.
He has a job interview next week.
Some History
During the past year, Son has sorted out all of Dad's
financial issues. He's become adept at working with
his attorney to have the credit card companies settle
some of Dad's debt. He's paid the rest. He's established
credit of his own, to the point where he is getting those
solicitions from the credit cardcompanies inviting him
to 'sign here'.
I promised his dad that I would find a way for Son to
stay in the home, even though the mortgage payments
would eat up all of his annual earnings. We tossed
around some ideas to make it possible for him to stay
for at least 7 years, to get him on his feet, and to buy
time to build up additional equity in the home.
Since he couldn't afford the payments on the residence,
I advised him to get a roommate. Then, once his finances
were stablized, we'd sit down and talk about using some
of the money left over to get an education and to learn a
more marketable skill, and/or start his own business.
The plan was that he would use a negatively amortized
mortgage to keep his payments low. He knowingly would
eat into the home's equity for five-to-seven years, until
he could raise his income. (This is not advice I normally
give. TaxMama usually discourages negative loans.)
In his case, he knows the equity will increase dramatically
because of an adjacent development of $10 million homes.
He and his neighbors are already getting offers to buy their
homes for over 5 times what Dad had paid for it. So, it isn't
a gamble.
Son followed my advice and got a roommate. What a disaster!
He literally kicked that guy out the day after he moved in.
Yet, the day Son kicked him out, another tenant called
wanting to move in. He did.
It Changed His Life
Talk about serendipity! Because he got the roommate,
Son is being invited to apply for a position at one of the
top companies in the world, with a recommendation -
from his roommate. When Son gets the job next week,
even if he starts in the most menial of positions at this
company, his financial future will be set on a secure,
healthy path, with full benefits and growing income.
He will never have to start a business and run the risk
of failure, or of losing his inheritance. (This worried me
greatly, due to his previous lack of experience with
finances and managing a business. Though, he's learning
so quickly!)
Of course, he will probably still get educated, but the
cost is likely to get picked up by his employer - and
he'll have a specific focus on what he ought to study.
And the Point is?
Where is all this going? Is this just some TaxMama brag?
Hardly.
This is about doing something that so many people don't
do after a death or divorce.
It's about being patient - and making plans.
Too often, when we experience something tragic, like the
Big Ds, we just want to push everything and everyone away.
We want to clean house, literally and figuratively.
You just want to end the pain, and just brush away all
the things that bring you painful memories.
You want to end the pain, so you want to settle all
the issues too quickly, taking the shortest, fastest route.
Or you've been numbed by the pain and just don't do
anything...hoping it will all take care of itself.
Or you're trapped in the pain. It becomes a comfort.
It becomes a safe, familiar friend, so you don't le tgo
of anything, you don't resolve or finish anything, because,
somehow, it gives you a connection to the person who died,
or to the good part of the marriage you once had.
So, here are TaxMama's Tips for Tragedies
1) Don't throw anything away for at least one year.
Anything you think should be discarded, put into a
separate place to review when you're sanity returns.
2) Don't give anything away for at least one year.
If it wasn't a bequest in the will or a promise made,
set aside the things you want to give away until you
can evaluate if you're giving it away out of painor out
of love and generosity. If it was out of pain, hold on to
it a little longer. You may decide you do want it after all.
3) Don't just throw money away because things are
too complicated for you. If you can't deal with things,
get help - ask for help from family or friends whom
you trust. If there's no one, find a good, reliable tax
and financial professional to help you. Remember, after
a death, I've seen many people arrange for a substantial
part of the deceased's debts to be discharged or charged
off by lenders. Your finances can become more manageable.
4) Don't dump your home because you can't afford it.
Pause. Think. If you're willing to reduce your standard
of living anyway, is there a way to keep the home by
getting a roommmate, or turning it into a bed and
breakfast, or...come on, think. Use your imagination.
How can you keep your home, so you don't kick yourself
later. (If I had bought my ex out of our house and kept
that home - today, I'd have no mortgage debt; my payments
over the years would have been closer to $400/month
instead of $1,500 - $2,000/month; I'd have been able to
collect a healthy stream of rental income from it for
decades; and I'd have over half a million dollars in
equity today. What would you have if you hand't just
rushed through your divorce or post-death trauma?)
5) If you only have a limited amount of money, and
not too many skills, or not much education, don't just
invest the money in securities. Invest it in yourself.
Sit and think about what you want to do. Use that
money to get an education or training to learn a new
career, or to start abusiness, or to hire help who can
ensure that your existing business starts to prosper.
Two week before he died, he called me and entrusted me
with caring for his son. Now, since his son was middle-
aged, you wouldn't think that would be such an issue.
But Dad had sheltered him so well from financial matters
that his son didn't even have any of his own credit.
And Dad left debt - but substantial equity in his home.
It's been a year now. It's almost the anniversary of Dad's
death. And Son just called me with the latest update on
his financial situation.
He has a job interview next week.
Some History
During the past year, Son has sorted out all of Dad's
financial issues. He's become adept at working with
his attorney to have the credit card companies settle
some of Dad's debt. He's paid the rest. He's established
credit of his own, to the point where he is getting those
solicitions from the credit cardcompanies inviting him
to 'sign here'.
I promised his dad that I would find a way for Son to
stay in the home, even though the mortgage payments
would eat up all of his annual earnings. We tossed
around some ideas to make it possible for him to stay
for at least 7 years, to get him on his feet, and to buy
time to build up additional equity in the home.
Since he couldn't afford the payments on the residence,
I advised him to get a roommate. Then, once his finances
were stablized, we'd sit down and talk about using some
of the money left over to get an education and to learn a
more marketable skill, and/or start his own business.
The plan was that he would use a negatively amortized
mortgage to keep his payments low. He knowingly would
eat into the home's equity for five-to-seven years, until
he could raise his income. (This is not advice I normally
give. TaxMama usually discourages negative loans.)
In his case, he knows the equity will increase dramatically
because of an adjacent development of $10 million homes.
He and his neighbors are already getting offers to buy their
homes for over 5 times what Dad had paid for it. So, it isn't
a gamble.
Son followed my advice and got a roommate. What a disaster!
He literally kicked that guy out the day after he moved in.
Yet, the day Son kicked him out, another tenant called
wanting to move in. He did.
It Changed His Life
Talk about serendipity! Because he got the roommate,
Son is being invited to apply for a position at one of the
top companies in the world, with a recommendation -
from his roommate. When Son gets the job next week,
even if he starts in the most menial of positions at this
company, his financial future will be set on a secure,
healthy path, with full benefits and growing income.
He will never have to start a business and run the risk
of failure, or of losing his inheritance. (This worried me
greatly, due to his previous lack of experience with
finances and managing a business. Though, he's learning
so quickly!)
Of course, he will probably still get educated, but the
cost is likely to get picked up by his employer - and
he'll have a specific focus on what he ought to study.
And the Point is?
Where is all this going? Is this just some TaxMama brag?
Hardly.
This is about doing something that so many people don't
do after a death or divorce.
It's about being patient - and making plans.
Too often, when we experience something tragic, like the
Big Ds, we just want to push everything and everyone away.
We want to clean house, literally and figuratively.
You just want to end the pain, and just brush away all
the things that bring you painful memories.
You want to end the pain, so you want to settle all
the issues too quickly, taking the shortest, fastest route.
Or you've been numbed by the pain and just don't do
anything...hoping it will all take care of itself.
Or you're trapped in the pain. It becomes a comfort.
It becomes a safe, familiar friend, so you don't le tgo
of anything, you don't resolve or finish anything, because,
somehow, it gives you a connection to the person who died,
or to the good part of the marriage you once had.
So, here are TaxMama's Tips for Tragedies
1) Don't throw anything away for at least one year.
Anything you think should be discarded, put into a
separate place to review when you're sanity returns.
2) Don't give anything away for at least one year.
If it wasn't a bequest in the will or a promise made,
set aside the things you want to give away until you
can evaluate if you're giving it away out of painor out
of love and generosity. If it was out of pain, hold on to
it a little longer. You may decide you do want it after all.
3) Don't just throw money away because things are
too complicated for you. If you can't deal with things,
get help - ask for help from family or friends whom
you trust. If there's no one, find a good, reliable tax
and financial professional to help you. Remember, after
a death, I've seen many people arrange for a substantial
part of the deceased's debts to be discharged or charged
off by lenders. Your finances can become more manageable.
4) Don't dump your home because you can't afford it.
Pause. Think. If you're willing to reduce your standard
of living anyway, is there a way to keep the home by
getting a roommmate, or turning it into a bed and
breakfast, or...come on, think. Use your imagination.
How can you keep your home, so you don't kick yourself
later. (If I had bought my ex out of our house and kept
that home - today, I'd have no mortgage debt; my payments
over the years would have been closer to $400/month
instead of $1,500 - $2,000/month; I'd have been able to
collect a healthy stream of rental income from it for
decades; and I'd have over half a million dollars in
equity today. What would you have if you hand't just
rushed through your divorce or post-death trauma?)
5) If you only have a limited amount of money, and
not too many skills, or not much education, don't just
invest the money in securities. Invest it in yourself.
Sit and think about what you want to do. Use that
money to get an education or training to learn a new
career, or to start abusiness, or to hire help who can
ensure that your existing business starts to prosper.
Friday, July 08, 2005
War of the Worlds
FILM REVIEW - War of the Worlds
http://www.waroftheworlds.com
by Steven Speilberg
If you're an H.G. Wells fan or an S-F afficionado, you will find yourself compelled to shell out the high price to see War of the Worlds on the big screen. The special effects are well worth the cost of the film.
But if you're looking for a script that makes any sense, or characters that you can bear to follow for the whole two hours of the film, or a plot that doesn't tax your intelligence - I have two words for you - STAY AWAY!
I suppose that I could have overlooked those flaws, being an avid science fiction fan and reader since age 4 - except for all the shreiking in the theater....uh, coming from the screen.
Speilberg certainly got lazy with his directing - and his screenplay.
1) Was it really necessary to have Dakota Fanning (as the little daughter) shrieking and whining all the time? That stupid character never shut up. Me, me, me, me, me... She was a spoiled, insensitive, annoying and distracting idiot. What a waste of a perfectly good, young actress.
Besides, let's look at reality, during real danger, even children have the sense to shut up and listen and let their parents guide them. Really bad writing.
Didn't Spielberg trust his film enough to believe we could handle our own screaming?
2) Tim Robbins, as Harlan Ogilvy, was apparently supposed to be playing the Curate character from the book. In the book, the Curate goes mad and never stops babbling or making noise, and endangers their position.
If Tim Robbins was playing insanity... that didn't come through. He just seemed annoying and afraid. Those scenes really could have been directed much better.
Besides, there really wasn't much character development - or perhaps they cut out those scenes?
And Spielberg's writers, Josh Friedman and David Koepp, never explain why, with all the people running down that hill, with the fire licking at their heels, why Tim Robbins ONLY invites Tom Cruise and Dakota Fanning into his little hidey-hole.
3) The ending, the epilogue. This is H.G. Wells' version:
And strangest of all is it to hold my wife's hand again, and to think that I have counted her, and that she has counted me, among the dead.
It's satisfying.
Spielberg's on the other hand...well, I'm not going to tell you his ending. But suffice to say, it makes no sense, considering the overall context.
But, there is one really poignant moment at the end, that is well acted and believable.
And Mariann Mayberry, playing the ex-wife is excellent.
Overall, noisy, noisy, noisy, great effects, poor writing. If I had to rate it, I'd says about 2.5 stars.
Speilberg has done some wonderful, magical, amazing films. This isn't one of them.
Is anyone still writing movies with actual plots?
I don't remember the book being this insipid. Do you?
Not sure? You can read the whole book online!
War of the Worlds, by H.G. Wells
http://www.fourmilab.ch/etexts/www/warworlds/warw.html
(And my octogenarian mother wanted to see this? I can see her now!)
If you'd rather stay home and enjoy your favorite film -
You can download them for a lot less than theatre prices.
http://www.waroftheworlds.com
by Steven Speilberg
If you're an H.G. Wells fan or an S-F afficionado, you will find yourself compelled to shell out the high price to see War of the Worlds on the big screen. The special effects are well worth the cost of the film.
But if you're looking for a script that makes any sense, or characters that you can bear to follow for the whole two hours of the film, or a plot that doesn't tax your intelligence - I have two words for you - STAY AWAY!
I suppose that I could have overlooked those flaws, being an avid science fiction fan and reader since age 4 - except for all the shreiking in the theater....uh, coming from the screen.
Speilberg certainly got lazy with his directing - and his screenplay.
1) Was it really necessary to have Dakota Fanning (as the little daughter) shrieking and whining all the time? That stupid character never shut up. Me, me, me, me, me... She was a spoiled, insensitive, annoying and distracting idiot. What a waste of a perfectly good, young actress.
Besides, let's look at reality, during real danger, even children have the sense to shut up and listen and let their parents guide them. Really bad writing.
Didn't Spielberg trust his film enough to believe we could handle our own screaming?
2) Tim Robbins, as Harlan Ogilvy, was apparently supposed to be playing the Curate character from the book. In the book, the Curate goes mad and never stops babbling or making noise, and endangers their position.
If Tim Robbins was playing insanity... that didn't come through. He just seemed annoying and afraid. Those scenes really could have been directed much better.
Besides, there really wasn't much character development - or perhaps they cut out those scenes?
And Spielberg's writers, Josh Friedman and David Koepp, never explain why, with all the people running down that hill, with the fire licking at their heels, why Tim Robbins ONLY invites Tom Cruise and Dakota Fanning into his little hidey-hole.
3) The ending, the epilogue. This is H.G. Wells' version:
And strangest of all is it to hold my wife's hand again, and to think that I have counted her, and that she has counted me, among the dead.
It's satisfying.
Spielberg's on the other hand...well, I'm not going to tell you his ending. But suffice to say, it makes no sense, considering the overall context.
But, there is one really poignant moment at the end, that is well acted and believable.
And Mariann Mayberry, playing the ex-wife is excellent.
Overall, noisy, noisy, noisy, great effects, poor writing. If I had to rate it, I'd says about 2.5 stars.
Speilberg has done some wonderful, magical, amazing films. This isn't one of them.
Is anyone still writing movies with actual plots?
I don't remember the book being this insipid. Do you?
Not sure? You can read the whole book online!
War of the Worlds, by H.G. Wells
http://www.fourmilab.ch/etexts/www/warworlds/warw.html
(And my octogenarian mother wanted to see this? I can see her now!)
If you'd rather stay home and enjoy your favorite film -
You can download them for a lot less than theatre prices.
Thursday, June 16, 2005
ODE DADDY
Another Father's Day weekend coming up. And me, without a father. Sigh.
Seems I have been fortunate enough to have several mothers over the years. But only one father. And I adored him blindly. Little girls are like that, you know.
Recently, listening to my brothers, I've come to realize that he wasn't the wonderful, warm, cuddly, brilliant, entertaining, adorable daddy I knew. I loved to crawl into his warm, toasty bed on Saturday mornings and have hime tell me stories. He was such an expressive, fun raconteur.
The mind is a fascinating thing. I didn't remember all the fights and arguments and battles the boys had. Or I understood my father's point of view and dismissed them, because he always made perfect sense to me. Even when we totally disagreed, I understood his perspective. The boys, well, they remember him in anger and frustration.
To me, my Daddy lit up the room.
Dad's are interesting. A dear friend whom I adore, told me that he and his son have finally started to hash out their personal animosities. (Or at least his son's.) Knowing him, I couldn't imagine him doing the things his son feels he did or didn't do. Yet, my friend says, his son is right.
Why don't dads get along with their sons?
While I am adamantly not a fan of films and television programs that keep depicting the parents constantly in the wrong; that keep having the parents apologize for everything while their evil spawn wreak havoc all over and just sit back and reap the the praise for being ill-mannered, inconsiderate boors...
sometimes, parents do need to clear the air and apologize.
Dad, how do your children feel about you?
And if it's not great...what are you going to do to change that?
It's time to stop taxing your filial relationships - while you can still save them.
Remember, though, if you're still lucky enough to have parents -
Stop and think.
When they were being parents, they didn't have a manual.
They had to guess and fumble and bumble along - just like you
did when you had your children.
Cut them some slack. Whatever they did, they meant well.
And they didn't know any better. They just did the best they could.
With love to my daddy...wherever he is.
Seems I have been fortunate enough to have several mothers over the years. But only one father. And I adored him blindly. Little girls are like that, you know.
Recently, listening to my brothers, I've come to realize that he wasn't the wonderful, warm, cuddly, brilliant, entertaining, adorable daddy I knew. I loved to crawl into his warm, toasty bed on Saturday mornings and have hime tell me stories. He was such an expressive, fun raconteur.
The mind is a fascinating thing. I didn't remember all the fights and arguments and battles the boys had. Or I understood my father's point of view and dismissed them, because he always made perfect sense to me. Even when we totally disagreed, I understood his perspective. The boys, well, they remember him in anger and frustration.
To me, my Daddy lit up the room.
Dad's are interesting. A dear friend whom I adore, told me that he and his son have finally started to hash out their personal animosities. (Or at least his son's.) Knowing him, I couldn't imagine him doing the things his son feels he did or didn't do. Yet, my friend says, his son is right.
Why don't dads get along with their sons?
While I am adamantly not a fan of films and television programs that keep depicting the parents constantly in the wrong; that keep having the parents apologize for everything while their evil spawn wreak havoc all over and just sit back and reap the the praise for being ill-mannered, inconsiderate boors...
sometimes, parents do need to clear the air and apologize.
Dad, how do your children feel about you?
And if it's not great...what are you going to do to change that?
It's time to stop taxing your filial relationships - while you can still save them.
Remember, though, if you're still lucky enough to have parents -
Stop and think.
When they were being parents, they didn't have a manual.
They had to guess and fumble and bumble along - just like you
did when you had your children.
Cut them some slack. Whatever they did, they meant well.
And they didn't know any better. They just did the best they could.
With love to my daddy...wherever he is.
Tuesday, June 07, 2005
Supreme Court Turns Invalids into Criminals
I dearly hope that none of the august Justices on the Supreme Court ever have to watch someone close them die, slowly, from cancer.
I dearly hope that none of these fine men and women ever have to see someone they love in such intense pain that they beg to die...knowing that they can dial back that pain for their loved one - but they have to withhold the treatment.
Just because the Justice Department is having a hard time fighting illegal drugs is no reason to put so many people into incredible pain and misery.
I have a dear friend who fought cancer, raging through her body, at least three times. The doctors told her, on the first round, that her chances were slim. But she wasn't buying into that nonsense. Marijuana helped her beat the pain of the cancer and the treatments.
It's taken years, cost her everything she had, including a husband,...but, so far, she's in fine shape. And she's helped thousands of others deal with the trauma and pain and shock of the experience as a volunteer counselor and speaker. Today, she does even more good doing fundraising for various charities. Because she lives, she makes the world a better place.
She couldn't have done it if she'd had to endure the pain.
Pain doesn't just hurt the body. It drains the spirit, too.
Do you understand what yesterday's Supreme Court Decision criminalizing medical marijuana users really means?
It's not about the drugs.
It means that the Supreme Court of the United States of America has determined that states don't have the right to pass laws within their own borders. It means that if all the voters of a state pass a law, and the Federal government doesn't agree, they can overrule our rights and make us criminals.
What do you think about the implications of the Supreme Court's decision?
I dearly hope that none of these fine men and women ever have to see someone they love in such intense pain that they beg to die...knowing that they can dial back that pain for their loved one - but they have to withhold the treatment.
Just because the Justice Department is having a hard time fighting illegal drugs is no reason to put so many people into incredible pain and misery.
I have a dear friend who fought cancer, raging through her body, at least three times. The doctors told her, on the first round, that her chances were slim. But she wasn't buying into that nonsense. Marijuana helped her beat the pain of the cancer and the treatments.
It's taken years, cost her everything she had, including a husband,...but, so far, she's in fine shape. And she's helped thousands of others deal with the trauma and pain and shock of the experience as a volunteer counselor and speaker. Today, she does even more good doing fundraising for various charities. Because she lives, she makes the world a better place.
She couldn't have done it if she'd had to endure the pain.
Pain doesn't just hurt the body. It drains the spirit, too.
Do you understand what yesterday's Supreme Court Decision criminalizing medical marijuana users really means?
It's not about the drugs.
It means that the Supreme Court of the United States of America has determined that states don't have the right to pass laws within their own borders. It means that if all the voters of a state pass a law, and the Federal government doesn't agree, they can overrule our rights and make us criminals.
What do you think about the implications of the Supreme Court's decision?
Wednesday, May 11, 2005
Capitol Alert - No Fly Zone
Air Force Master Sgt. Arthur Powell said. "This is one reason the D.C. area should feel secure. It shows we're ready to respond at a moment's notice." This is according to a Scripps Howard news report
Is this the most ridiculous statement you've ever heard?
An LA Times report tells us that the Cessna was spotted and noted at 11:28 a.m., 17 minutes from the White House. Yet, despite no response from the pilot when they tried to raise him on the radio, they didn't scramble jets until 11:55 a.m.
Now, being a TaxMama, I've just got to do the math:
..11:55
- 11:28
---------
27 minutes
Hmmmmmmm...... Let me see if I can figure this out?
The plane was 17 minutes from the White House and they sent jets to intercept it 28 minutes later...so the White House and Capitol were demolished 10 minutes earlier?
Yup! I agree with Master Sgt. Arthur Powell - I feel really safe. Don't you?
But only because I'm 3,000 miles away from Washington, DC or the World Trade Center site.
That's our tax dollars at work!
Your TaxMama
P.S. Incidentally, why is it that not even ONE of the articles covering this even explains why the pilot had his radio off when flying through and around so much restricted air space? Or didn't respond?
I've been in Cessnas and they all have radios - even when you are flying on visual. And flying clubs tend to maintain their equipment. (The last person using the plane always calls in to report any maintenance requirements.)
Is this the most ridiculous statement you've ever heard?
An LA Times report tells us that the Cessna was spotted and noted at 11:28 a.m., 17 minutes from the White House. Yet, despite no response from the pilot when they tried to raise him on the radio, they didn't scramble jets until 11:55 a.m.
Now, being a TaxMama, I've just got to do the math:
..11:55
- 11:28
---------
27 minutes
Hmmmmmmm...... Let me see if I can figure this out?
The plane was 17 minutes from the White House and they sent jets to intercept it 28 minutes later...so the White House and Capitol were demolished 10 minutes earlier?
Yup! I agree with Master Sgt. Arthur Powell - I feel really safe. Don't you?
But only because I'm 3,000 miles away from Washington, DC or the World Trade Center site.
That's our tax dollars at work!
Your TaxMama
P.S. Incidentally, why is it that not even ONE of the articles covering this even explains why the pilot had his radio off when flying through and around so much restricted air space? Or didn't respond?
I've been in Cessnas and they all have radios - even when you are flying on visual. And flying clubs tend to maintain their equipment. (The last person using the plane always calls in to report any maintenance requirements.)
Friday, May 06, 2005
Licensed To Tax
With the new legislation I told you about recently potentially shutting out unlicensed tax preparers, it will be more important than ever for today's taxpreparers to get a credentialed.
(You should see the really nasty letters I got after writing about it - as if _I_ had written the legistlation. Puhleeeze!)
But that means there's a scramble to take the IRS's Enrolled Agent Exam this fall. Studying is going to be harder than ever because, this year, for the first time, there is no cushion. If youdon't pass all 4 exams, you don't get to keep the parts you do pass.
Interestingly enough, this is one of the very fewprofessional credentials you can get that don't require a college degree. And while I don't see a minimum age requirement, no doubt you need to beat least 18 to sit for the exam.
But, beyond that, if you can pass it - you're in business. And talk about the ultimate home-based business!
With today's computers and high-speed hook-ups,and electronic filing, and the wide range of cheap to expensive software available - you can make one heck of a 6-figure living, from your living room or college dorm room.
Oh, did it just occur to you that this might be a great way to work your way through college?
No kidding - it beats waiting table or delivering pizza.
So, if you've been doing bookkeeping, or tax returns or been studying tax or accounting, this could be your ticket.
Today is the last day to save $100 on the registration price. So, take the skills survey after you review what the class offers...and get an invitation with the secret link to your $100 savings. http://irsexam.com/included.php
(You should see the really nasty letters I got after writing about it - as if _I_ had written the legistlation. Puhleeeze!)
But that means there's a scramble to take the IRS's Enrolled Agent Exam this fall. Studying is going to be harder than ever because, this year, for the first time, there is no cushion. If youdon't pass all 4 exams, you don't get to keep the parts you do pass.
Interestingly enough, this is one of the very fewprofessional credentials you can get that don't require a college degree. And while I don't see a minimum age requirement, no doubt you need to beat least 18 to sit for the exam.
But, beyond that, if you can pass it - you're in business. And talk about the ultimate home-based business!
With today's computers and high-speed hook-ups,and electronic filing, and the wide range of cheap to expensive software available - you can make one heck of a 6-figure living, from your living room or college dorm room.
Oh, did it just occur to you that this might be a great way to work your way through college?
No kidding - it beats waiting table or delivering pizza.
So, if you've been doing bookkeeping, or tax returns or been studying tax or accounting, this could be your ticket.
Today is the last day to save $100 on the registration price. So, take the skills survey after you review what the class offers...and get an invitation with the secret link to your $100 savings. http://irsexam.com/included.php
Wednesday, April 06, 2005
Losing it!
Well, finally, after about 7 years, I've seen my assistant nearly lose her temper.
Let me tell you, it takes a lot. She spent this morning being me:
Lulu had to prepare a prior year return, installthe software, trouble shoot it, troubleshoot equipment failures and come out with a gleaming, glowing tax return with all the printing attributes intact.
We had to do a 1999 tax return.
For some reason, with all 5 computers being retained just for the purpose of being able to access really, really old programs (some spelled DOS), we didn't have1999 software on ANY of them.
So, I rooted through all the old discs to find the program we used for 1999. It was TaxWorks. That was the last year - and I'd forgotten just how bad a year that was for software.
We installed it on the computer that had all the other TaxWorks software on it. It blew the monitor.
(OK, so the monitor was already bad and that's why it was sitting there, turned off all this time. It wasn't really the program's fault. But we'd forgotten that monitor wasn't functional.)
This time, instead of me doing it all, Lulu had to take care of switching monitors. Plugging in another monitor helped her avoid having to install the program on another computer. That done. On to the return.
Even with all our access codes intact and entered, the program wouldn't compute the tax return. After trying every-thing, she finally had to break down and call tech support. Listening to all this from my side of the office, I was very pleased with how well the TaxWorks folks treated her, calling at the height of tax season about a 5 year-old program.
I don't know what they did, but she got itworking.
After I put in some review and teaching time, the return was done.
Ah, now to print. First - connect this unused computer to the new network printer, then...Oh yes, another of those bizarre TaxWorks DOS idiosyncracies. You have to load the soft fonts -before every attempt to print.
After a couple of attempts, we got it working. Proofread the return.
Then, just as a last precaution, decided to call the client and ask what address (of his many options) he wanted to use on the return. (I HAD asked him during our meeting, but...) Naturally, it was NOTthe address we had.
Trying to reprint the address pages took another hour of trying to get the fonts to work properly.
After 4 hours...I could finally see some smokecoming from her eyes, hands clenching, teeth grinding. And I felt so good!
See, it's not just all in my mind. It's not just me being a nasty, sour [enter invective here].
Dealing with hardware and software issues all day really does turn the sweetest people into monsters.
Well, almost. She never did lose it.
When she left at 1:15 p.m. Lulu had a sunny smile....
or maybe that's because she was leaving.
[Note: Tax Pros I've heard from who are using TaxWorks these days are loving it. ]
Let me tell you, it takes a lot. She spent this morning being me:
Lulu had to prepare a prior year return, installthe software, trouble shoot it, troubleshoot equipment failures and come out with a gleaming, glowing tax return with all the printing attributes intact.
We had to do a 1999 tax return.
For some reason, with all 5 computers being retained just for the purpose of being able to access really, really old programs (some spelled DOS), we didn't have1999 software on ANY of them.
So, I rooted through all the old discs to find the program we used for 1999. It was TaxWorks. That was the last year - and I'd forgotten just how bad a year that was for software.
We installed it on the computer that had all the other TaxWorks software on it. It blew the monitor.
(OK, so the monitor was already bad and that's why it was sitting there, turned off all this time. It wasn't really the program's fault. But we'd forgotten that monitor wasn't functional.)
This time, instead of me doing it all, Lulu had to take care of switching monitors. Plugging in another monitor helped her avoid having to install the program on another computer. That done. On to the return.
Even with all our access codes intact and entered, the program wouldn't compute the tax return. After trying every-thing, she finally had to break down and call tech support. Listening to all this from my side of the office, I was very pleased with how well the TaxWorks folks treated her, calling at the height of tax season about a 5 year-old program.
I don't know what they did, but she got itworking.
After I put in some review and teaching time, the return was done.
Ah, now to print. First - connect this unused computer to the new network printer, then...Oh yes, another of those bizarre TaxWorks DOS idiosyncracies. You have to load the soft fonts -before every attempt to print.
After a couple of attempts, we got it working. Proofread the return.
Then, just as a last precaution, decided to call the client and ask what address (of his many options) he wanted to use on the return. (I HAD asked him during our meeting, but...) Naturally, it was NOTthe address we had.
Trying to reprint the address pages took another hour of trying to get the fonts to work properly.
After 4 hours...I could finally see some smokecoming from her eyes, hands clenching, teeth grinding. And I felt so good!
See, it's not just all in my mind. It's not just me being a nasty, sour [enter invective here].
Dealing with hardware and software issues all day really does turn the sweetest people into monsters.
Well, almost. She never did lose it.
When she left at 1:15 p.m. Lulu had a sunny smile....
or maybe that's because she was leaving.
[Note: Tax Pros I've heard from who are using TaxWorks these days are loving it. ]
Monday, March 28, 2005
Boring Things That Change Your Life
This morning, in an e-mail, a friend complainedabout doing something very boooooooorrrriiiing.
And it started a train of thought that sent me all the way back to this class I took in college that I expected to be totally uninformative. But I was curious.
It was a class in Judaism.
Now, you have to understand, by that point in mylife I had spent nearly 18 years in Jewish schools,from the age of 2 in nursery - to Yeshiva University,while I was still in high school. So, I knew the class would be boring. But I wanted to know how auniversity, in a secular environment, would teach acourse like this.
And, I'll admit, the class was nearly as boring asI might have expected - except for the teacher.You couldn't help being charmed by Rabbi Bergman. He fascinated me. He was the first rabbi I'd evermet who didn't have an eastern European, Yiddishaccent. He spoke American like a native. And he had street smarts. But more than that - he had warmth - and made us all welcome.
But that wasn't what caused my life to change. It was just the first part of a chain of events.
The following year, I took another class I thoughtwould be boring - one of those fillers to meet arequirement - sociology. [yaaaaawwwn]
I that class there was this loud, middle-agedwoman with a screechy voice and lots of opinions. She was always the first to stand up and speak out on any topic - usually with a controversial opinion. Mesmerizing, though. She looked like someone's mom - and was.
She turned out to be Rabbi Bergman's wife. And we hit it off immediately, because, having met him gave me an excuse to engage her in conversation. (You have NO idea how shy I am, and how rare it is for me to start a conversation with somone.) But, with Pnina, I could, because of the previous connection.
Aside from welcoming me into their family, they got me THE job in a national CPA firm [Ernst & Ernst] that started me onmy way to learn about income taxes.
So, sitting in on that first boring class started achain of events, leading me to meet you!
Next time you have to do something you're reluctantto do, look upon it as an adventure. Just watch what fun it bring you - in the long run!
Best wishes
Eva Rosenberg
Your TaxMama
And it started a train of thought that sent me all the way back to this class I took in college that I expected to be totally uninformative. But I was curious.
It was a class in Judaism.
Now, you have to understand, by that point in mylife I had spent nearly 18 years in Jewish schools,from the age of 2 in nursery - to Yeshiva University,while I was still in high school. So, I knew the class would be boring. But I wanted to know how auniversity, in a secular environment, would teach acourse like this.
And, I'll admit, the class was nearly as boring asI might have expected - except for the teacher.You couldn't help being charmed by Rabbi Bergman. He fascinated me. He was the first rabbi I'd evermet who didn't have an eastern European, Yiddishaccent. He spoke American like a native. And he had street smarts. But more than that - he had warmth - and made us all welcome.
But that wasn't what caused my life to change. It was just the first part of a chain of events.
The following year, I took another class I thoughtwould be boring - one of those fillers to meet arequirement - sociology. [yaaaaawwwn]
I that class there was this loud, middle-agedwoman with a screechy voice and lots of opinions. She was always the first to stand up and speak out on any topic - usually with a controversial opinion. Mesmerizing, though. She looked like someone's mom - and was.
She turned out to be Rabbi Bergman's wife. And we hit it off immediately, because, having met him gave me an excuse to engage her in conversation. (You have NO idea how shy I am, and how rare it is for me to start a conversation with somone.) But, with Pnina, I could, because of the previous connection.
Aside from welcoming me into their family, they got me THE job in a national CPA firm [Ernst & Ernst] that started me onmy way to learn about income taxes.
So, sitting in on that first boring class started achain of events, leading me to meet you!
Next time you have to do something you're reluctantto do, look upon it as an adventure. Just watch what fun it bring you - in the long run!
Best wishes
Eva Rosenberg
Your TaxMama
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