Wednesday, December 8, 2010

WHAT’S THE BUZZ? TELL ME WHAT’S A HAPPENNIN’ – WEDNESDAY EDITION

* So far this week MAINSTREET.COM published my articles on “How to Save the American Dream” and "IRS Increases Tax Deduction for Drivers".

* You did check out Bruce’s “Week In Perspective” at MISSOURI TAX GUY on Sunday, didn’t you? It was “chock-a-block” this week!

* Bruce also tackles “The Home Office Deduction”.

* Trish McIntire of OUR TAXING TIMES has an excellent way to get the “bunch of bozos” (TM – let’s call a spade a shovel) in Congress to pass the various tax extenders – “Lock ‘Em In”!

Since they have been behaving like children, I say treat them like children.”

Right on, sister!

* TAX GIRL Kelly Phillips Erb, writing for FORBES.COM, gives us “Nine Tips For Tax-Smart Charitable Giving”.

* Kay Bell provides Schedule A filers with an good year-end tax tip in “January House Payment in December Gets You an Extra Mortgage Interest Deduction” at DON’T MESS WITH TAXES.

* And Kay provides a clip from Sunday night’s 60 MINUTES in her post “Fed Chair Bernanke Talks Tax Policy”.

Kay reports Bernanke’s comments/advice -

It's very inefficient {duh – the Tax Code – rdf}, both for individuals and companies, said Bernanke. To improve things, he suggested closing loopholes and lowering tax rates, which would create more incentives for people to invest.”

* Let’s conclude a trifecta of Kay Bell with “Tax Carnival #77: Stocking Stuffers 2010”.

I remembered to submit in time! Kay includes my post on “The Moment of Truth” among some other good reads.

* Peter Reilly takes time from commenting on my TWTP posts to discuss in some detail “bad” tax preparers – “who have been strongly encouraged to pursue other endeavors” – in his post “Tax Business Not For Everybody” at PASSIVE ACTIVITIES AND OTHER OXYMORONS.

TTFN

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