Wednesday, February 19, 2014

Tax Time: 2013 in Review

     The Mayor handed off his paper work to the CPA to work out the details of the 1040 Return to be filed this year for 2013.   While not the task that it used to be, it's still fraught with issues: have we included everything necessary for the accountant to tabulate the amount due, if any?   Any missing 1099's, 1098's, and forms from the preparer?
    It's nice to be ahead of the April 15th deadline, which is still months away.   But, there could be a refund this year, what a novel concept- a refund.   Last year, the mayor thought he was in great shape, then the accountant said the State had settled with the IRS on a policy question that necessitated and amended return.  But somehow, instead of a refund, we owed money.
     How sad!  Oh, well.  This year should be different.  I'll know in a day or two.  After a couple of emails and 2 trips to his office, hopefully, all the docs are in his hands.   Obama and his gang have relegated tax reform to the bottom of his 2nd term agenda.  Don't look for any movement in this area at all.  Senator Harry Reid is still trying to figure out what's for breakfast.  I have no idea how people in Nevada can continue to reelect that loser.  The man should retire for the good of the state and the country.. The man is senile, for sure.
     Jerry Brown is about to announce more emergency funds for drought relief.  Drought relief?  That's one way of saying, " You corporate farmers will get money for anticipated loses.  Don't worry, the Dems have your back.  Tanks, Jerry, for spending my  tax dollars so efficiently.

No comments:

Post a Comment

Biden Hosts Island Nation Leaders

       In the first ever meeting among Pacific allies, President Biden hosted a tripartite meeting in Washington, DC. His goal: to indicate ...