2018 Tax Cuts You Won't Want to Miss If you blinked, you might have missed it! Late last year, Washington passed the Tax Cuts and Jobs Act of 2017 -- the biggest tax overhaul in 31 years. It was so long ago that Ronald Reagan was still in the White House. Matlock,...
Profit & Tax Blog
iTaxes Version 38 Billion.0
Apple to pay $38 Billion in taxes and create 20,000 new jobs. In 2016, SyFy debuted a new show called Incorporated about a dystopian future where corporations, not governments, rule the world. If that nightmare ever comes true, we all know which real-world corporation...
How Will I Know?
Whitney Houston's Estate Settled on a $2.2 Million Tax Bill In 2012, the singer Whitney Houston died suddenly, drowning in a hotel bathroom after years of battling drug addiction. Yet the world will always treasure her musical legacy. The Guinness Book of World...
NFL Playoffs: Blue States Versus Red
Red State Sport Teams Have Competitive Advantage NFL playoffs have begun, and Wild Card Week featured some real competition. On Saturday, the red state sports teamTennessee Titans barbecued the red-state Kansas City Chiefs, 22-21, and the red-state Atlanta Falcons...
He’s Mister Tax Miser
A New Year Means Tax Changes! Welcome to 2018! New Years' always brings tax changes. Key numbers, like tax brackets, standard deductions, personal exemptions, and qualified plan contribution limits, all roll over on January 1. But this year brings more change than...
We Now Interrupt This Broadcast…
PSA: NEW TAX BILL On Sunday, October 30, 1938, Mercury Radio Theatre fans, who were listening to Ramon Racquello and His Orchestra, were interrupted by a news broadcast reporting an odd explosion on the planet Mars. Soon after, they learned that a cylindrical object...
The Twelve Days of Taxmas
How Much Would the Twelve Days of Christmas REALLY Cost? Every year, PNC Bank publishes their "Christmas Price Index" to track the cost of the Twelve Days of Christmas. For 2017, it's a hefty $157,558. (And you thought your holiday spending was out of control!) The...
A Different Kind of Holiday Party
244th Anniversary of the Boston Tea Party Your kids have finally finished eating their Halloween candy, which means that the real holidays are right around the corner. But before you sit down to open presents, December 16th marks the 244th anniversary of an important...
Area Actress to Wed Ex-Soldier
Area Actress to Wed Ex-Soldier Two hundred and forty-one years ago, we declared our independence from Mother England — over taxes, of course. But here on our side of the pond, we've never completely lost our affection for all things British. We applauded as the Queen...
Good Guys Share $175 Million Refund
IRS Loses Lawsuit to the tune of $175 Million! April 15 hasn't always been the national exercise in self-flagellation that it is today. Up until the 1940s, you could just waltz into your local IRS office and they would do your taxes for you. But those days have long...