Profit & Tax Blog

Now That’s Shelter

Now That’s Shelter

Rolling Stone's 'Gimme Shelter' Hints At Tax Philosophy? Classic rock fans celebrated a milestone birthday on July 26: Rolling Stones front man and rock legend Mick Jagger turned 75! If that doesn't make you feel old, try these on for size: Aerosmith's Steven Tyler is...

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It Came From Under The Ground

It Came From Under The Ground

Taxes You Can File On A Postcard Earlier this month, archaeologists digging in Egypt unearthed a 2,000-year-old black granite sarcophagus 16 feet below the surface. Pretty cool, right? But then they announced they were going to open it. What a terrible idea! Have they...

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Here’s to Your Health!

Here’s to Your Health!

Tax Deductions Encourage Good Health When Congress raises the hood on the tax code, they're usually working to raise money to pay for government. But sometimes they're more interested in nudging us to behave in ways they can't legislate directly. Take the mortgage...

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Don’t Cry 4-3, Argentina

Don’t Cry 4-3, Argentina

Messi & Ronaldo Accused of Tax Evasion Americans love a champion, and every year, sports fans get to see new champions crowned. We've got a World Series, a Super Bowl, and NBA finals that drag on for months. We've got the Kentucky Derby, the Indianapolis 500, and...

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Tax Collectors Target “Netflix and Chill”

Tax Collectors Target “Netflix and Chill”

Chicago Residents Pay 'Amusement' Tax  A generation ago, "serious" filmmakers flocking to Hollywood set their sights on movies, not television. Visionary directors like Martin Scorsese and Francis Ford Coppola redefined their craft with a new generation of...

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Don’t Drink the Kool-Aid

Don’t Drink the Kool-Aid

Tech CEO Creates New Religion Cryptocurrencies like Bitcoin, Bitcash, and Ethereum rest on a foundation of "blockchain": a continuously growing public transaction ledger consisting of records called "blocks" that are linked together and secured using cryptography....

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More Important Than Taxes?!?

More Important Than Taxes?!?

Chipotle Moving HQ - Big Tax Implications! Last month, we wrote that New York money manager AllianceBernstein is moving its headquarters and 1,100 employees from a slick black Manhattan skyscraper to the steaming concrete jungles of Nashville, TN. It's going to be...

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Manly Men Doing Manly Things in a Manly Way

Manly Men Doing Manly Things in a Manly Way

Back in the early 80s, a group of Democratic legislators decided to room together to cut the cost of staying in Washington for the three nights or so per week that Congress is in session. The motley crew included Representative George Miller of California (owner of...

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IRS Scuttles Tax Breaks for Pirate Victims

IRS Scuttles Tax Breaks for Pirate Victims

Do Pirates Still Exist? It's 1715 in the Caribbean and the Golden Age of Piracy is at its peak. The War of Spanish Succession is over, and thousands of privateers are left without gainful employment. From bases hidden away in the Bahamas, buccaneers like "Calico" Jack...

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She Did It!

She Did It!

Early on Saturday morning, 29 million Americans woke up to take a break from school shootings, Russian collusion, and partisan gridlock to watch a California woman achieve a rare fantasy. The woman in question watched the sun rise as plain old Meghan Markle. But by...

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Take Charge of Your Debt & Pay Them Off Faster

Grab This Worksheet to Calculate Your Monthly Nut - Once you've paid your monthly nut (expenses), the rest is PROFIT!

Do  You Know The Health Of Your Service Business?

Do  You Know The Health Of Your Service Business?

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