Profit & Tax Blog

We Now Interrupt This Broadcast…

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...

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The Twelve Days of Taxmas

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...

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A Different Kind of Holiday Party

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...

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Area Actress to Wed Ex-Soldier

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...

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Good Guys Share $175 Million Refund

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...

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Ivy League Tax Problems

Ivy League Tax Problems

You Don't Need An Ivy League Education to Save on Your Bill! They say that "what goes up must come down." But that's not true when it comes to college costs. U.S. News reports the average private college tuition stood at $16,233 back in 1997-98 — roughly $24,973 in...

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Stranger Taxes

Stranger Taxes

The IRS tax code was quite different in the 1980's versus today!  The streaming video service Netflix has earned a reputation for providing quality content like Narcos, Orange is the New Black, and The Queen. But Netflix has also upended how millions of people consume...

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Talk About “Prime” Real Estate!

Talk About “Prime” Real Estate!

Cities Bidding to Win Top Spot for Amazon's HQ2! Former President Jimmy Carter once called our tax code "a disgrace to the human race," and there's really not a lot to like about it. There's at least some consolation, though, in the fact that we're all stuck with the...

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For the Love of Art

For the Love of Art

How the Super Rich Uses Art for Tax Breaks!  In today's new Gilded Age, Americans are constantly vying to one-up each other. You show up at your high-school reunion in a new Mercedes E-Class; then your classmate pulls up in a Maserati Quattroporte. (Some would call it...

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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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