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.
Governor Schwarzengroper will get his wish and likely sign Californicate's new minimum wage bill on Labor Day. TWC isn't sure that this will play politically the way Arnie envisions. We'll see.
The new law bumps the minimum to $7.50 per hour in January 2007 and another $.50 an hour in January 2008 (that's a new rate of $8.00 per hour for you LAUSD grads).
Tom McClintock, who finished a distant fourth in the melee that elected Arnie last time said.....
I can't imagine a more destructive government policy than to wantonly
destroy entry-level jobs for people who need it the most. If your labor is worth $6.75 an hour and the minimum wage is $8.00
an hour, you become unemployable. I've never understood why it's better
to not have a job paying $8 an hour than it is to have one at $6.75.
A little hyberbole there, Tom. TWC can imagine and identify far more destructive government policies, but it is clear that absent correlating productivity gains, the primary effect of raising the minimum wage artificially is to increase unemployment.
No Productivity Gains + Higher Labor Costs = Unemployment. That's a no-brainer.
Of course, students in public school aren't taught economics and therein lies the problem.
Despite BATF efforts to obscure the beneficial effects of drinking red wine, a common pattern has emerged from studies performed over the last decade or two. When consumed in moderate amounts, red wine is good for you. It has anti-oxidant properties (thus explaining the term pickled in reference to someone that is extremely drunk) as well as the ability to lower so-called bad cholesterol.
To put today's subject into terms that I can understand, Type II Diabetes commonly occurs when the body is unable to fully recognize and make use of insulin produced by the pancreas. That can be helped with diet, exercise, drugs, and red wine.
For a diabetic, red wine helps the body to overcome the resistance to insulin, which enables it to break down glucose in the blood. White wine is only 20% as effective as red wine in this task, which is another really good reason to live by TWC's primary rule of life: lips that touch white wine shall never touch mine. As TWC contemplates the profundity of that observation, it also occurs to me that Christopher Hitchens was right when he pronounced that Wine is Red.
Drinking red wine with a meal also helps a diabetic manage cholesterol and the dreaded free radicals produced during digestion.
This finding confirms that in the absorptive phase free radicals are produced in diabetic patients, which reduce serum antioxidant defences,
increase LDL oxidation and activate the coagulation system. Red wine
consumption during a meal significantly preserves plasma antioxidant
defences and reduces both LDL oxidation and thrombotic activation
Red wine protects diabetic patients from meal-induced oxidative stress
and thrombosis, a pleasant approach to the prevention of cardiovascular
disease in diabetes.
European Journal of Clinical Investigation study here.
To your health.
Disclaimer:TWC is not offering medical advice. The views and opinions expressed here are mine. You are free to draw your own conclusions and one would hope that you, Gentle Reader, would engage the services of a competent medical professional when doing so.
Oddly enough, you've never heard of this El Dorado County boutique winery. That's because Findleton's production is very limited and El Dorado County is better known for Thomas Kinkade and Hangtown.
I'm ashamed to admit that I'm not sure how TWC ended up with a single bottle of the Findleton Reserve Zin with a strip of masking tape on the crown of the bottle proclaiming it was the 2002 Reserve (in Bic ballpoint blue).
TWC opened this sleeper with no expectations and the thought that in the worst case, we'll just dump it out. It turned out to be a delight, loaded with black fruit (plums, black cherry, currants, & a hint of raspberry) together with that characteristic spicy, peppery finish that many of us enjoy with a good Zin.
You, Gentle Reader, will never find this wine anywhere so you'll just have to take my word for it.
It was gone much too soon and I almost wish we'd cellared it for a few years. But that's the delight of wine, the unexpected surprises that is.
Boy George was sentenced to five days community service for possession of cocaine. Good lord, my fruitcake sister got more than that for a misdemeanor tresspass bust at an anti-abortion rally. How much time would YOU get for a coke bust?
Apparently, he called the cops to make a false burglary claim and
when they showed up, well, Boy Howdy, there it was just sitting there
in front of God and everybody.
TWC is burned out on spending billions on a Drug War to keep Boy George out of the sugar jar. Don't work anyway.
TWC likes to see a long list of recently used files when I click on file in the MSWord and Excel toolbars. That's because the MS interface to get a file open is clumsy IMO. But, if you click on file, pick one you worked a couple of hours ago, and click again, batta bing.......
I'm working a big project that requires a lot of different excel files right now so I think, let's change the number of files shown in the recently used file list to 10.
Okay, I go to Options and put in the number 10 and I get this:
Jake was about two and we hadn't yet graded what passes for a narrow dirt road and marginal fire break that circles the upper third of Casa de las Rocas Grande. He and I were holding hands, standing in the damp green of early spring grass, nearly as tall as he was when the Bobcat emerged from the shadows under Darth Vadar Rock. You can probably figure on how the moniker came about although Weber used to refer to it as Monica Lewinski Rock, but what'd he know?
The Bobcat stood very still for a moment, craning his neck for a better look at us. Then he stealthily crept away, gazing back over his shoulder at us every few steps, until he vanished into a rock filled mini ravine that could have been a decent creek with a waterfall if it ever rained here.
Saucer-eyed, Jake looked up at me and made an observation that is indelibly imprinted in my memory......
That's a big kitty, Daddy.
I'm frying potatoes, peppers, and onions for some Southwest style breakfast burritos Saturday morning when That Boy comes charging upstairs.....
Daddy, a big cat just ran by Katie's bedroom window. I looked out and it was running up the steps faster than Daisy can run. It was almost as big as Blackie and had a stubby tail.
Tell the gospel truth, I'd rather deal with a Bobcat than a rattler. Odd to see one in broad daylight so close to the house. That's probably why Leo disappeared while we were in Maui.
Those of us who advocate a free market understand that the market doesn't always give us the best product at the best price. Anyone old enough to remember the ill-fated Sony Betamax can attest to that (Yes, Mac users will smugly point at Windoze machines and snort in agreement).
In general, markets provide a range of products at varying levels of quality and price with a rough correlation between the two. A steak at Lenny's may be adequate if you're hungry, but it isn't going to be on a par with Ruth's Chris' Steak House (this site makes you hungry). The prices of each tend to reflect the value we place on the quality of each.
That said, Quickbooks is the Denny's of accounting/bookkeeping software. It's decent enough and seems to have improved over time. It is comparatively less expensive and it isn't as difficult to use as some software packages that are superior, such as Peachtree.
One major annoyance is that QB wants you to upgrade every year and sometimes it almost seems as though that bias is genetically hardwired into QB. I suppose it could be more difficult to run older versions of QB than it is and I suppose Intuit could have included an automatic software uninstall function that would purge QB at midnight every December 31, thus forcing everybody to upgrade (I'm thinking fear of a harsh market rebuke is the only reason they didn't).
When you try to install QB 2005 (any version) the first thing QB wants to do is install Flash Player 7. If you have a newer machine (or sometimes even an older machine) it is likely that you have Flash Player 9 installed. That triggers the computer equivalent of cognitive dissonance and an install failure. The user is then instructed to go to the Flash site and download FP version 7. Good luck.
This happens repeatedly no matter what strategy you use. Don't waste your time with safe mode or by logging in as the Administrator because neither will work. I'd skip Tech Support at Intuit because they're probably not going to know the answer and if they do they're going to ask for a credit card number.
So there you are with your expensive copy of QB 2005 that won't install on your brand new computer, fuming because you figure QB has just snookered you into popping for a 2006 copy.
It turns out that if you go to the Control Panel and then:
click on Add/Remove Programs
click on Add New Programs
Make sure the QB disk is in your CD/DVD drive then.....
Click on the CD or Floppy button and follow the prompts
click to enlarge screenshot
Quickbooks should install without further problem.
Quickbooks Integrated Payroll
I would opt for a different service. QB payroll is clumsy to use and leaves you hanging in the afternoon breeze when it comes to preparing certain state reports. Go with a full service firm that handles all aspects of your payroll, including automatic tax deposits.
I'll spare you all but a summary of the hypocrisy play where in Act I Intuit buys the best tax prep software ever and pulls it off the market to prevent competition with TurboTax. Act II: Intuit's CEO throws rocks at Bill Gates for his alleged role as a monopolist.