“A coach is someone who tells you what you don’t want to hear, who has you see what you don’t want to see, so you can be who you have always known you could be.” ~ Tom Landry “Taxes are the price we pay for a civilized society.” ~ U.S. Supreme Court Justice Oliver Wendell […]
Archives for August 2024
From Russia with . . . Taxes
On March 29, 2023, Russia’s Federal Security Service detained a Wall Street Journal reporter named Evan Gershkovich on trumped-up charges that he was spying on a Russian tank manufacturer for the CIA. The State Department officially designated the reporter as “wrongfully detained.” Diplomats, the Journal, and even the last remnants of Russia’s own independent press called for his release. Meanwhile, a Moscow court repeatedly extended his detention. Last month, it found him guilty of espionage and sentenced him to 16 years in prison.
Here’s a Tip
Right now, Americans are locked in an increasingly fierce presidential election battle. Partisans on both sides are calling it the most important election of our lives. Rhetoric is growing hotter on social media platforms like Facebook and X, or whatever Elon Musk is calling Twitter these days. Some extremists are calling for violence if their […]
Understanding Disaster Losses for Your Taxes
We seem to be living in an age of natural disasters. Floods, fires, hurricanes, tornados, and other disasters often dominate the news. If a disaster strikes you, the tax law may help. It’s important to note that there are differences on how personal losses and business losses are treated and deducted under our current tax […]
Have a Coke and a S̶m̶i̶l̶e̶ Tax
On May 8, 1886, a Civil War veteran and pharmacist named John Pemberton was experimenting with a nonalcoholic alternative to the morphine he had become addicted to after a saber wound at the Battle of Columbus. He accidentally mixed the base syrup with carbonated water and then decided to sell it as a fountain drink […]