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Karl_db View Drop Down
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  Quote Karl_db Quote  Post ReplyReply Direct Link To This Post Topic: Taxes
    Posted: 15 Apr 2011 at 8:31pm
Taxes. Some of us don't pay enough. That's according to Mr. Obama. Oh wait...he could pay much more and help spread the wealth around even more if he wouldn't take so many deductions. (And some of his friends also!!)

This was kind of a dry piece till part way down when it started detailed how these folks work the system, just like the rest of us greedy folks:
http://townhall.com/columnists/lindachavez/2011/04/15/spare_us_the_hypocrisy,_mr_president/page/full/
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  Quote Don Watkins Quote  Post ReplyReply Direct Link To This Post Posted: 16 Apr 2011 at 2:42am
Ain't nobody stopping these guys from paying more.
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  Quote Karl_db Quote  Post ReplyReply Direct Link To This Post Posted: 16 Apr 2011 at 2:55am
Yep. The whole point of the article. Good examples of bad examples IMHO. They want to redistribute the wealth...as long as it's OPs.
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  Quote Karl_db Quote  Post ReplyReply Direct Link To This Post Posted: 14 Sep 2011 at 4:21am
If you count it...they will come. (A comic.)  (They = taxman.)
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  Quote Karl_db Quote  Post ReplyReply Direct Link To This Post Posted: 03 Oct 2011 at 6:28pm
This is another one that I'll never understand. Well....I understand part of it....they want their money. As long as they get it...they don't care who pays it. (KFC doesn't own any stores in Iowa. All of them are independly owned...franchised.  I'm guess some failed to pay their taxes...so the state is going where the money is....KFC itself.)

Court won't stop Iowa from forcing KFC to pay tax - Yahoo! News
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  Quote Karl_db Quote  Post ReplyReply Direct Link To This Post Posted: 24 Feb 2012 at 9:08pm
I had an appointment tonight to get our taxes done finally.  Not too bad, although we couldn't claim our college kid as a dependent this year. She turned 24 last year, and even though she only earned half as much with her part time jobs as in previous years, it put her a few hundred dollars over a limit.

(The tax lady did say if a child earns less than thirty-some hundred dollars, they could be 50 years old and still be claimed as a dependent. I told her not even to kid around like that! HeeHee)

Anyhow...the few wasn't bad at all, but it made me think of a story I saw a few days ago. At least I didn't pay $700 to a shady tax preparer:

Taxpayer's story serves as warning | The Journal Gazette
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  Quote Don Watkins Quote  Post ReplyReply Direct Link To This Post Posted: 25 Feb 2012 at 4:12am
Wow, that's a stiff bill. I wonder if there was also an instant refund involved? I know those are nasty like a pay day loan.
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  Quote Karl_db Quote  Post ReplyReply Direct Link To This Post Posted: 25 Feb 2012 at 4:26am
That story in the link is a good example of a case where the tax preparer should be taken to the woodshed (many times) for doing something legally permissible (perhaps) but wrong by any other account.  $700 to do somebodies taxes in 15 minutes. And I thought our local tax lady (H&R Block) was outrageous at $104 for the time involved...30 minutes. But she was actually done in 15, and the rest was answering some of my questions, printing out/signing forms. 

(I figure they are getting paid more than knowledge and training than time. My problem with stuff like this isn't not knowing the right answers....it's not even knowing the right questions to ask in the first place.  If I'd known about the age/income thing with dependents...I could have easily done it myself again.)

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  Quote Don Watkins Quote  Post ReplyReply Direct Link To This Post Posted: 25 Feb 2012 at 4:30am
Ya gotta give them credit for creativity; a technology fee? I should be so lucky.
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  Quote Karl_db Quote  Post ReplyReply Direct Link To This Post Posted: 25 Feb 2012 at 5:05am
Almost everything in that list was "creative", I thought. Most of it should slide under the tax prep category it would seem.

$20 check fee (Check fee? What...they charged somebody to cash a check...or write them a check. Or did they have to "check on something"...and charge for that? LOL)

$39 account processing fee

$24.95 technology fee

$19.90 refund estimate fee
(Wow. Good thing they didn't give them a weather forecast estimate!)

$277 tax preparation fee
(If it only took 15 minutes...it was a pretty simple return! Way too much.)

$59 for e-filing
(I just love this everytime I see it. What's it consist of...hitting the "send" button? This one is better than normal...see "transmission fee" below.)

$81 for bank documents (Don't understand this one at all.)

$17 transmission fee (This is even better than the e-filing fee.  Apparently hitting "send" isn't good enough. Must be a fee to plug in the Ethernet cable so it's able to transmit the data.)

$100 for something called a service bureau fee
(This is another mystery.  Maybe they have a bureau at home that needs servicing and repair??)
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  Quote Don Watkins Quote  Post ReplyReply Direct Link To This Post Posted: 25 Feb 2012 at 5:08am
Yup, they were all outrageous but the technology fee struck me as especially silly.
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  Quote Karl_db Quote  Post ReplyReply Direct Link To This Post Posted: 25 Feb 2012 at 5:20am
Technology fee.  Haven't we seen that before?  It just rings a bell.

Didn't some banks, utilities and such start charging that when they started going computerized? 
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  Quote Don Watkins Quote  Post ReplyReply Direct Link To This Post Posted: 25 Feb 2012 at 5:24am
Don't have a clear memory of it but it's got a catchy beat and you can dance to it. I'm including it on all my future invoices.
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  Quote Karl_db Quote  Post ReplyReply Direct Link To This Post Posted: 25 Feb 2012 at 5:30am
No need to credit me with giving you the idea. But a 50/50 concept fee arrangement would be nice...
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  Quote Don Watkins Quote  Post ReplyReply Direct Link To This Post Posted: 25 Feb 2012 at 5:33am
I will share 100% of what I collect.
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  Quote Karl_db Quote  Post ReplyReply Direct Link To This Post Posted: 25 Feb 2012 at 5:38am
Cool. And I've decided that 50/50 just isn't just. You're having to do all the work...all I did was plan the seed. So...80/20, you're favor is fine with me. 
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  Quote Don Watkins Quote  Post ReplyReply Direct Link To This Post Posted: 25 Feb 2012 at 5:40am
Oh no, I insist, I'll gladly give you 100%...of what I collect.
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  Quote Karl_db Quote  Post ReplyReply Direct Link To This Post Posted: 25 Feb 2012 at 5:52am
If you insist. But I'll give it to my favorite charity. LOL
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  Quote Bob Quote  Post ReplyReply Direct Link To This Post Posted: 25 Feb 2012 at 7:31am
I really hate these stories  about shysters taking advantage of those that can least afford it.  The only time I used one of the national tax prep outfits (Block) is the only time I've had a return questioned by the IRS.
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  Quote Karl_db Quote  Post ReplyReply Direct Link To This Post Posted: 25 Feb 2012 at 9:07am
If these weren't local folks...I wouldn't have gone last year. (And if I hadn't messed up my taxes and owed the IRS big bucks...)

The older gal has been a fixture in the area for decades.  Hmm...you ever watch CSI Los Angeles? She could be a twin of Linda Hunt who plays Hatty.
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