Bankruptcy And Debts

The opinions expressed in Bankruptcy And Debts are my own and do not necessarily reflect those of posts on tax form I put here. I often wonder I would simply stop thinking in a place someday if living in a wisdom island. But I was wrong, that is the perfect post I got by now.

And I would be even more shocked by the intelligence of author and his power led me to take over other posts.

This will get James Governor's attention. I've been having a few Twitter conversations with Phil Hodgen who last week called me from Switzerland but unfortunately I couldn't take the call. Today in a Twitter post he said: I'm talking about doing to tax compliance what wordpress did to publishing Heh - open source tax compliance, I like the sound of that. Unfortunately, I can think of 16,000 tax practices that would hate it. Then I'm thinking but isn't that where we're heading anyway? ..>>.

It is just getting started:

By Renee McGaw: Nonprofit organizations, including hospitals, must reveal much more information about themselves on federal tax forms beginning next year. The filing-preparation costs of many will jump, at least in the first year, as a result of the new Form 990 unveiled by the Internal Revenue Service in December, local accountants say. Read complete article Stricter IRS Form 990 to be More Revealing, Costly Source: Denver Business Journal, 25 January 2008. © 2008 American City Business .. Read the rest of this entry.

It is just getting started:

I have to file Fed. and State taxes.  Due to the problems in my head, -be nice  I paid a tax guy for several years but last year I got a bee in my bonnet and decided to file for myself -- long form. Done!  Everything was hunky-dorey. This year, I'm stepping it up a notch and considering itemizing deductions (medical, I have plenty -- really missed last year with 4 surgeries; charitable donations -- I've never claimed them before and while this year was lean, I still held onto $600 worth of ..».

Cheers, guys!