The focus is red wine and to get right to it without distraction, click The Wine Commonsewer Speaks. The rest of the enchilada is just enough of an
eclectic mix of commentary on culture, food, tax, and econ 101 to
distract from the focus on red wine.
We appreciate your patronage.
TWC's Theme Song:
Tax & Accounting Offices of Michael R Snell
Accounting & Tax Consultation for the Discriminating Client
We will not sell, share, or otherwise disclose your email address or other personal information obtained on this site to third parties unless compelled to do so by subpoena.
Your email address is not required in order to leave comments. If you provide your email address, it will not be displayed with your comment.
Michael R. Snell & Associates will not disclose any client information to third parties without the client’s permission unless compelled to do so by subpoena.
A note from our crack legal team at Dewey, Screwem, & Howe, LLP.....
All tax and other information appears here as a courtesy to readers and clients. Please understand that we are not rendering legal advice and that each individual should consult his or her own tax professional before acting upon any of the information contained herein.
Effective June 21, 2005, regulations issued by the Treasury Department governing written communications, including email communications, between all tax practitioners (including attorneys) and their clients that have the issue of tax as a material element of the communication must include the following disclaimer:
As required by United States Treasury Regulations, you should be aware that written information contained on this site cannot be used for the purpose of avoiding penalties under United States federal tax laws.
This site may occasionally contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of a variety of issues including but not necessarily limited to, taxation, politics, human rights, economics, and science. We believe this constitutes a 'fair use' of any such copyrighted material as is provided for under § 107 of the US Copyright Law.
In accordance with Title 17 U.S.C. Section 107, said material contained in this site is made available without profit for research or educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.
In the 1860 presidential campaign, brightly colored banners, outrageous political cartoons, sentimental sheet music covers, and patriotic portraits were printed to win the vote. This bold campaign banner supports the candidacy of Abraham Lincoln during his first (and victorious) presidential campaign in 1860. The flag was meant to hang like a banner, so that Lincoln's face could be read vertically. The printer liberally changed the spelling of Lincoln's first name ("Abram") to accommodate his design.
This one is for Der Furher-with two dots over the 'U'-aka Vicky. It's also for Michelle, Virginia, Heidi, the House Blond at Casa de las Rocas Grande, Autumn, Elizabeth, my mom, and all the rest of the blondes (cyber and real) that suffer mightily for our collective amusement.
Yet some blondes, like one well known country singer, are pretty good natured about it.....
“I'm not offended by all the dumb blonde jokes because I know I'm not dumb ... and I also know that I'm not blonde.”—Dolly Parton
As a rule TWC isn't real big on email jokes because they lack the nuances inherent in a good story told by a good story teller. This one's pretty good though.
One little thing that for some unknown reason just keeps popping into my mind is a conversation a bunch of us were having about coffee. I don’t recall where it was but it could have been in Jim’s kitchen at the first Fall Fast.
Everybody was yammering about this coffee and that coffee, what they liked and didn’t. Starbucks, Seattle’s Best, strong, mild, French Roast, Guatemalan, flavored coffees, Expresso; Give it to me black or with cream, sugar, what have you....
Jim wasn’t saying much but then during a slight lull in the morning conversation he said, “I dunno, best cup of coffee I’ve ever had was at Mike Snell’s house”.
This billboard resides at the west end of the Sunset Strip in LA and Chris and Dan ain't going to like it one bit. Used to be conservatives had a (perhaps undeserved) reputation for being a dour bunch...but come on man, this is pretty funny.
Like inquiring into the Saturday night social life of a sixteen-year-old, you probably don't want to know the real reason why your dog wants to go outside.
There'll surely be a laundry list of the perpetually outraged over this bit of audacity. From Fat Csar and legal terrorist John Banzhaf to Meathead, who finds your bad habits significantly more annoying than his own (and who will use the law to club you into submission), the only thing saving this from assasains bullets is that it comes from the UK (thought I was going to say 1st Amendment didn't you?)
Gentle Readers, this is in keeping with the social security discussion we had last week.
Under GWB’s tax reform, contribution limits to IRA’s have bumped up considerably. The obvious reason for that is to reward Americans for planning wisely for retirement.
Despite all the assurances and arguments we’ve heard, TWC predicts that social security as we know it today will not exist in the future. Look for it to become a means-tested welfare program for indigent old folks. IOW, if you don’t need it you ain’t getting it. When? I expect to see limitations of some type in my lifetime.
You can make contributions to IRA's for 2004 up to the due date of your return--generally April 15, 2005.
2004 & 2005 contribution limits for IRA’s (Roth & Traditional) are as follows:
Standard Limit Younger than Age 50
Catch-Up Contribution Age 50 or Over
Contribution Limit Age 50 or Over
There are income limitations that may apply but essentially the deduction (or ability to contribute) phases out for married couples at $160,000.00 (AGI) and singles at $120,000.00.