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Most Recent Posts

No Tax On Tips – Now Social Security – What Is Next?

No Tax On Tips – Now Social Security – What Is Next?

This is very similar to the “no tax on tips”.  They are both proposals that purports to be directed toward a disadvantaged class, but will really only help the more advantaged members of the class like the servers in high-end steak house or in the case of senior citizens people like me or even more the older CPAs who are determined to die with their boots on.

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No Tax On Tips – Be Careful What You Wish For

No Tax On Tips – Be Careful What You Wish For

I frequently do an “Other Coverage” section on my posts, but I wouldn’t know where to start on this topic.  I will note though that I have not found another article where somebody ran numbers on the effect of the various legislative proposals.  Reilly’s Sixth Law of Tax Planning – Don’t Do The Math In Your Head.

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