Category: News and Politics
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My own personal experience with prosecutorial overreach
The concept of prosecutorial overreach is in the news today after the former U.S. Attorney General stated publicly that the Trump children should not be charged with fraud. This post is not about the billionaire Trumps, but about the working class Novaks and our neighbors. In 2018 I had my own rude introduction to the…
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Boycott list
Uline Wendy’s CVS Taco Bell Estes Lauder Equinox SoulCycle Marvel Home Depot Hobby Lobby Goya MyPillow Martin’s Famous Pastry Shoppe
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Review of Biden administration tax policy progress after one year in office
The Biden administration proposed two major themes in its tax reform agenda. These were widely promoted during the campaign and then heavily promoted by the White House and the U.S. Department of the Treasury over the past year. Now, one year after the administration began work, this blog post reviews the progress made and the…
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Pandemic reopening update
The mess we’ve created in society’s response to this pandemic re-opening hit me hard yesterday. My wife was required to attend a training for managers charged with overseeing their office reopening. Apparently she will be in charge of approving the scheduling plans of her staff that largely want to continue to work from home vs…
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NJELEC clarifications
I called the New Jersey Election Law Enforcement Commission help line for clarification on the following issues related to small local election campaigns: A school board candidate does not need to file an A1 Form. The candidate must sign Form A1 and form D1. The candidate electronic signature can be after the treasurer starts these…
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2021 New Jersey election: what it means for our small rural depressed communities
30 days from today is the New Jersey election. The anti-incumbent feeling is strong, as usual, but not strong enough to really make a difference. I’ve come to conclude over the years, sadly, that almost nothing at state level elections has much impact on our lives locally in rural South Jersey. Many of our local…
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Tax provisions of the infrastructure bill
Why are we discussing this? The infrastructure bill passed the Senate this month with a strong majority support but is not yet law. What tax provisions are included? Cryptocurrency broker reporting is the hot topic. The bill also includes a longer tax filing extension after disasters. (This is important because we expect to see more natural…
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Is it political? Is delayed prosecution for financial fraud unethical?
Twenty plus years ago when I worked as an accountant for contractors documenting various types of financial fraud committed by the Trump organization for civil cases, the decision to not charge him criminally clearly was political. Civil courts in hundreds of cases found evidence of fraud, yet criminal charges were never filed. Politicians in New…
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Nine 2021 tax law changes in the American Rescue Plan
The American Rescue Plan makes these nine tax law changes for 2021: Additional stimulus payments Expanded Child Tax Credit Expanded Child and Dependent Care Credit Expanded Earned Income Tax Credit Increased Premium Tax Credits Extension and expansion of Paid Sick Leave and Family Leave Extension of Employee Retention Credit Pension plan relief Repeal of worldwide…