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Archive for January, 2012

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How Does $1.2 Billion Vanish?

Tuesday, January 31st, 2012

Have any of you been following the MF Global debacle? I have. At least what I have read in the Wall Street Journal (the latest here). It’s simply unbelievable. How does $1.2 billion in customer funds vanish? These are customer funds, mind you. As I understand it (if I’m wrong, please correct me), these customer […]

Ten for Tuesday, January 31, 2012

Tuesday, January 31st, 2012

1. Tax Breaks that Expired in 2012 Write-offs for sales/state income tax has expired. That means those with state income taxes have to pay tax on that money twice?   2. Stop Buying Stuff & Refurbish Things Interesting ways to re-use old things. For the author, it serves two purposes: saving money and allowing her to have “new” […]

A Little Tuesday Morning Inspiration from Tyler Perry

Tuesday, January 31st, 2012

I saw this on Tyler Perry’s facebook page this morning and thought I’d share it with you. Hey everybody! This morning I woke and was so frustrated about all the stuff I’m dealing with, trying to get this studio open. I was about to open my mouth and start complaining when I remembered something that […]

Refund Anticipation Loans

Monday, January 30th, 2012

Every day on the way home, we pass the Liberty Tax Statue of Liberty waving at us. I never have quite figured out why the Statue of Liberty wants me to do my taxes, but I get the idea that they want me to come in and find out. The last time we passed them, […]

Haven’t We Been Down This Road Before?

Monday, January 30th, 2012

I read this last Friday in the WSJ: The Loan Quota Rule For the latest example of regulatory overreach, look no further than the Department of Housing and Urban Development, which is pushing through a rule to support racial loan quotas a few months before the Supreme Court will rule on whether that’s legal. The […]

Could This Be the Future of the Restaurant Business

Thursday, January 26th, 2012

I read this in a Thomas Friedman piece I read this morning. I know I complain about the quality of service I receive at most places, but I’m not sure I’m ready to here… Last April, Annie Lowrey of Slate wrote about a start-up called “E la Carte” that is out to shrink the need […]

Interesting Breakdown of Warren Buffett’s Secretary’s Tax and Salary

Thursday, January 26th, 2012

Saw this on Forbes: Warren Buffett’s Secretary Likely Makes Between $200,000 And $500,000/Year Not sure how accurate the author’s numbers are. I’m fairly certain that those who are using tax rates for effect, are probably including payroll taxes. If that’s the case, his numbers are off. One thing I find amusing about Buffett and his […]

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