IRS Audit Rate Nears 30% for Those Making $10 Million and Up
(Bloomberg) - The Internal Revenue Service in 2011 audited 29.93 percent of taxpayers who reported more than $10 million of income, according to statistics...That’s up from an audit rate of 18.38 percent in 2010 and 10.60 percent in 2009 for a group that consists of 0.01 percent of taxpayers.
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Recognizing the Value of Management Accounting
(The CPA Journal) - Management accountants are an important part of the accountants' value chain. They're involved in some of the more forward looking, value creating activities...
Bernanke Says US Job Market Weak Despite Gains
(US News and World Report) - Chairman Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve's existing policies will help boost growth.
Failure to Act on AMT, Extenders Could Delay 2013 Filing Season
(BNA) - “We are very concerned about the AMT and extenders,” Shulman said at a hearing of the House Ways and Means Oversight Subcommittee on the current filing season and IRS's fiscal year 2013 budget request. “If they are not dealt with, we may have to delay the start of the filing season for many millions of taxpayers.”
The Best Free Software of 2012
(PC Mag) - It's simple math: Every year this list gets bigger and, consequently, the amount of money you can save gets greater.
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Monday, March 26, 2012
IRS Audit Rate Nears 30% for Those Making $10 Million and Up
Sunday, March 25, 2012
Einstein Joke – Very Funny
Posted: 17 Mar 2012 09:30 PM PDT
Einstein was once traveling from Princeton on a train when the conductor came down the aisle, punching the tickets of every passenger. When he came to Einstein, Einstein reached in his vest pocket. He couldn’t find his ticket, so he reached in his trouser pockets. It wasn’t there, so he looked in his briefcase but couldn’t find it. Then he looked in the seat beside him. He still couldn’t find it.
The conductor said, ‘Dr. Einstein, I know who you are. We all know who you are. I’m sure you bought a ticket. Don’t worry about it.’(...)
Continue reading Einstein Joke – Very Funny
Husband or Wife – Who is Right?
Posted: 20 Mar 2012 09:30 PM PDT
A Husband & Wife are have an argument regarding the amount of water in an open drum without lid.
The Husband says ’This drum of water is more than half full’ .
But the wife says ‘No, It’s less than half full.’
Without using any measuring tools and without removing any water from the drum how can they easily determine who is correct?
(...)
Continue reading Husband or Wife – Who is Right?
Continue reading Husband or Wife – Who is Right?
How did the Stranger get Inside??
Posted: 22 Mar 2012 09:31 PM PDT
A Husband & Wife were driving their Toyota car when it ran off fuel on the highway.
The man decided to take a lift and go to the nearest petrol pump. But before he left, he made sure that nobody was in the car with his wife, closed all the doors and windows and left.
When he came back, his wife was dead and there was stranger in the car.
No physical damage was done to the car, so how did the Stranger get inside??
(...)
Continue reading How did the Stranger get Inside??
Continue reading How did the Stranger get Inside??
True & Funny Quotations
Posted: 23 Mar 2012 09:30 PM PDT
A man who views the world the same at fifty as he did at twenty has wasted thirty years of his life.
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Thought Provoking Moral Story
Posted: 24 Mar 2012 09:30 PM PDT
Once a young boy saw a cocoon of a butterfly with a very small opening. He sat and watched the butterfly for several hours as it struggled to force its body through the small opening.
Then it seemed to stop making any progress. It appeared as if it had gotten as far as it could and it could go no farther. Then the boy decided to help the butterfly, so he took a pair of scissors and snipped off the remaining bit of the cocoon. The butterfly then emerged easily.
But it had a swollen body and small, shriveled wings. The boy continued to watch the butterfly because he expected that, at any moment, the wings would enlarge and expand to be able to support the body, which would contract in time.
Neither happened!(...)
Continue reading Thought Provoking Moral Story
Saturday, March 17, 2012
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