Accounting Talk » Accountants » How often do you do it with you spouse?
How often do you do it with you spouse?
Question:
In article <1101853440.371388.128…@c13g2000cwb.googlegroups.com>, "Randy" <poespam-t…@yahoo.com> wrote: >This reaction is EXACTLY what I meant when I said >we need to broaden our definition of "intimacy".
I see intimacy as being close and connected with another person in any one of or combination of ways: emotionally, spiritually, physically. Laughing together at a joke, crying together over a loss, sharing feelings and inner thoughts, feeling one another’s pain and pleasure, sitting together and holding hands, sharing a meal, working on a project together, etc. That all can be intimate, IMO.
Response:
HI … The wife and I have been married for 4 1/2 years… I am blessed with a fabulous wife! >We make love 2 to 3 times per month. This is a real problem in our >marriage. It seems the more I push the worse it gets. But then again, >if I don’t push it isn’t any better.
Is that not a strange situation or not? There seems to be no middle ground on this issue. >The longer we go without sex, the more distant we become. I just >don’t understand why it is like this. As far as I am concerned, if we >took time to be intimate every 5 days or so, life would be perfect.
It feels kinda weird if you go without for a ong period of time. Strange that it seems couples seem to drift apart if the are not intimate on a regular basis … I can relate to what you have posted. — Phil
Response:
"mbinro" <mbi…@yahoo.com> wrote in message
news:51cf230a.0411300626.50a7fd18@posting.google.com… >I am wondering what the average is here, How often do your and your > spouse make love, screw, do it? > How long have you been married?
I have been married since 1966. I’m afraid that if I told you how often we have sex it would seem like a lie. Let me say that it is likely over 10,000 times. You know what, it still thrills me.
Response:
- Hide quoted text — Show quoted text -Jack C Lipton wrote: > mbinro wrote: > > I am wondering what the average is here, How > > often do your and your spouse make love, screw, > > do it? > > How long have you been married? > This has been asked here so often but, realize, > this is not a scientific sample. Additionally, > many of us come here _because_ we’ve faced (or > are facing) marital issues. Some are recovered > and some ain’t. > That being said, none of the answer you may get > will be relevant to YOUR situation. There *is* > no "normal" frequency, it’s all on the bell > curve and will vary from time to time even for > any specific couple *anyway* since there’s a > plethora of external events impinging upon the > opportunities. > Now if you ask "how often do you WANT to jump…" > you’ll get more interesting answers. > People vary. Any individual is not necessarily > consistent in drives/desires/actions across a > long enough span of time. > So this is a question that, when answered, would > only be illuminating to the person answering it > with a set of numbers. > Sex is part of the continuum of affection; how > often are other signs of affection shown? And > by whom? > Additionally, if you look at MarriageBuilders.com > you’ll discover that people have up to 10 channels > to express affection through… and so you might > not be listening to the right channel.
Hey, pretty good answer, Jack! Should we add this to the FAQ? jen
Response:
*Calinda* wrote: > Randy wrote in
news:1101853440.371388.128190@c13g2000cwb.googlegroups.com: > > Are you sure that if the woman you love > Not sure you realize mL is a female, married to a male?
Nope, I didn’t. I’d still offer some variant of my suggestion. If you think physical intimacy HAS to involve a whole complicated agenda with specific goals in mind, then that is going to reduce the number of "right" times, and if you lead two busy lives, then you fall into that trap of letting sex fall off the priority list because you can hardly ever find those "right" times. Why set such a high bar? If you like each other, why not show it physically? Why say you won’t touch unless it’s going to lead to A, B and C? > I am with ML on this. I don’t like to be left unsatisfied when making > love. It’s not just men that feel this way, but it can be frustrating as > hell for some women as well. It certainly doesn’t get a woman in the mood > for a repeat performance if she’s left hanging.
I don’t think I’m conveying what I had in mind. I brought up an idea that’s been in a million women’s magazines: love notes or phone calls full of lust, for instance left in a lunchbox. Now, the whole point of these is to rev the engine, to get the other person breathing hard and on "simmer" for hours. Nobody calls that "being left hanging" or claims this will lead to feeling frustrated and not wanting more. That’s all I’m talking about: the concept of simmering. – Randy
Response:
mbinro wrote: > I am wondering what the average is here, How often do your and your > spouse make love, screw, do it? > How long have you been married?
Here we go again! It doesn’t matter how often someone else does it. Find what is right for yourself and your partner, in both the "how" and the "how often." Don’t let your appreciation of that be spoiled because you aren’t in a particular part of the statistical bell-curve. Love each other, don’t just fuck each other. When you are "keeping score" you aren’t being personal. Your partner ceases to be a person and becomes a mere accessory. No wonder it doesn’t satisfy. Loving means that what makes your partner happy is the sole measure of success, and doesn’t need to be judged by any external criterion. This is the one principle that I believe in most passionately, and it seems to me that getting wrong it is at the heart of what brings people to marriage support sites and counselors. This is the sexual manifestation of the mistake. The other one – that i got caught in for a while – is the complaint that "My partner isn’t the right partner for me." In both case, I am focusing on myself instead of on my partner. Doug. — ICQ Number 178748389. Registered Linux User No. 277548. A crank is a little thing that makes revolutions. — Henry George, economist – attrib.
Response:
*Calinda* wrote: > I am with ML on this. I don’t like to be left unsatisfied when making > love.
Urf described a lot of what I’m talking about in another thread: "If you kiss her on the neck when she is washing dishes and she thinks that you want sex then that’s good. In fact you do want it. You only need to add the time into it. A simple… "I can hardly wait for Saturday night" should suffice. You may want to kiss her and touch her ass dozens of more times before Saturday comes around but it is all an investment in an expected outcome… If I slack off with my attention giving, Estelle let’s me know about it. Sometimes it is a subtle as a sledgehammer. She bend over at a strategic moment hopping that I’ll make a sound of recognition. If I don’t she will jus wait until I do before she straightens up. An occasional "Ahemmm" is not out of the question if I’m inattentive too long. this all comes under the heading of sexual PLAY." —————— What he said. Sexual play. Treating each other like lovers. It’s not leaving the person unsatisfied, it’s turning all of life into one long lovemaking. The fact that reactions to this suggestion have been so negative tell me I’m really communicating badly. – Randy
Response:
Randy wrote in news:1101875573.188175.308100@c13g2000cwb.googlegroups.com: > What he said. Sexual play. Treating each other like > lovers. It’s not leaving the person unsatisfied, it’s > turning all of life into one long lovemaking. The fact > that reactions to this suggestion have been so negative > tell me I’m really communicating badly.
I think I’m being misunderstood. I personally totally agree with you and Urf. I think it’s important to have all those fun, playful, loving things going on all the time, to keep those engines revved. I didn’t mean to imply you were wrong. AAMOF, I’ve brought this up in previous posts of mine. What I meant when I was talking about being left hanging, is when the couple does make love, and the guy is able to have an orgasm, and then…….. that’s it. It’s done, over and the woman is left without being satisfied. I wouldn’t want to go back for more. If this keeps happening, well, then it shouldn’t come as a surprise that she’s not all that hot-fired to have a repeat performance. For me & my SO, we are very loving physically and verbally. We like doing things with and for each other. And we like to touch when we’re talking, when we’re sitting near each other, we stop and kiss often. We tell each other we love each other. He makes sure that I’m happy, in as well as out of bed, and I feel that I do the same. I think that at least for me, I was agreeing with you as well as agreeing with ML’s statement that she doesn’t like to be left hanging, once her engine IS warmed up. And I also was making a statement that if a woman IS left with a warmed up engine that never gets turned over, she’s not gonna continue being interested in getting revved up in the future. It’s frustrating as hell. — Cal~ Calinda dot Letter S at Gmail dot com
Response:
In article <1101875197.992941.26…@z14g2000cwz.googlegroups.com>, "Randy" <poespam-t…@yahoo.com> wrote: – Hide quoted text — Show quoted text ->*Calinda* wrote: >> Randy wrote in >news:1101853440.371388.128190@c13g2000cwb.googlegroups.com: >> > Are you sure that if the woman you love >> Not sure you realize mL is a female, married to a male? >Nope, I didn’t. I’d still offer some variant of my >suggestion. If you think physical intimacy HAS to involve >a whole complicated agenda with specific goals in mind, >then that is going to reduce the number of "right" times, >and if you lead two busy lives, then you fall into that >trap of letting sex fall off the priority list because >you can hardly ever find those "right" times. >Why set such a high bar? If you like each other, why >not show it physically? Why say you won’t touch unless >it’s going to lead to A, B and C? >> I am with ML on this. I don’t like to be left unsatisfied when >making >> love. It’s not just men that feel this way, but it can be >frustrating as >> hell for some women as well. It certainly doesn’t get a woman in the >mood >> for a repeat performance if she’s left hanging. >I don’t think I’m conveying what I had in mind. >I brought up an idea that’s been in a million women’s >magazines: love notes or phone calls full of lust, for >instance left in a lunchbox. Now, the whole point of >these is to rev the engine, to get the other person >breathing hard and on "simmer" for hours. >Nobody calls that "being left hanging" or claims this will >lead to feeling frustrated and not wanting more. >That’s all I’m talking about: the concept of simmering.
I totally agree with you on this. My original point was in response to the thought of actually having *sex* for five minutes… like intercourse.. Once it’s to that point, no, i don’t want to stop as soon as it starts. And i’d prefer not to start if there’s only 5 minutes.. OTOH, if it’s referring to all sorts of fun little suggestive things done throughout the day, glances, touches, hugs, kisses, etc. building up to things (simmering?), those i do enjoy!
Response:
In article <slrncqpljk.3jf.cupas…@soup2nets.net.dhis.org>, cupas…@peElMe.cx wrote: >Don’t worry, given enough events you get used to it >and don’t pay attention to the physical discomfort, >though dealing with the emotional disappointment may >take a little longer. Either that or you just don’t >get particularly worked up when with a partner.
I’m glad i’m not in such a situation now, but i do wonder if our response is a learned thing. For me, knowing my partner is going to "go the distance" with me actually makes it easier for me to respond, where if i were thinking "this is going to end any minute" i’d probably be unable to enjoy it. So if you know from past experience what to expect, your mind/body prepares for that? maybe? If it was good last time, looking forward to next time… if it was disappointing last time (and the time before that and the time before that..) then what’s to look forward to? And then being told "no" on a regular basis? That’s sad. I’d feel not only physically rejected, but also emotionally. >(All right, so that was a little bit tongue in cheek >but is, AFAIK, pretty close to how one learns to >accomodate this kind of situation. Granted, when >your mate goes off-task the physical pain goes away >quickly as the erection drops back to zero.)
or go in the bathroom and finish the job.
I can understand maybe occasionally…. I’ve read about women who claim to enjoy sex even if they don’t orgasm. I guess that’s nice and all that, and again occasionally, no big deal. But i couldn’t. Like geeez, don’t make me walk by the buffet to smell the food if i can’t eat any of it!!!! I’d rather not go to the buffet in the first place!! Don’t walk me by the candy store if i can’t have any candy! Who wants to watch someone else enjoying candy right in front of you when you can’t have any!!! I think that’s mean!
Response:
>I am wondering what the average is here, How often do your and your >spouse make love, screw, do it?
Hi. You must be new here. :-) >How long have you been married?
We’re in our ninth year together. I am 44, he is 50. We are very happily married. The frequency of sex has varied quite a bit over the course of our marriage. Right now, we are averaging sex about two to three times a month. We are affectionate every day, and have "nekkid cuddling" three or four times per week. Hope this helps. Sheila
Response:
mL wrote: > In article <1101838572.170440.127…@f14g2000cwb.googlegroups.com>, "Randy" <poespam-t…@yahoo.com> wrote: > >On the other hand if the definition of "intimacy" > >were relaxed, didn’t have a goal, and everybody agreed > >to feel warm and cozy even if one person fell asleep > >in the first five minutes, then you might be able > >to snatch more of those "quickies". > ummm……maybe it depends who falls asleep??
Nope. > I don’t know how it is for men to be intensely aroused and then suddenly have > it stop, but i know for me it’s not a warm & cozy feeling to be aroused and > left frustrated. It’s physically painful.
The physical frustration you can take care of yourself. The intimacy you can’t. Are you sure that if the woman you love is bone tired, that five minutes of deep kissing or intimate touching is such a terrible thing? What if you thought of it as foreplay lasting days? Imagine she called you up at the office in the morning and whispered all sorts of intimate things you were going to do together at the end of the day. You’d probably be aroused, but you would have to wait many hours to do something about it. Would that really be such an awful thing? This reaction is EXACTLY what I meant when I said we need to broaden our definition of "intimacy". – Randy
Response:
The fact that so many guys have responded with "it’s not worth it unless we go the distance" tells me that we really do need to rethink the definitions here. Don’t you guys ever kiss your wives? How about French kissing? Isn’t that a pretty damned intimate thing? Isn’t it arousing? Will you refuse to swap tongue with your wife unless it’s going to end up naked and be guaranteed to "go the distance"? > Like geeez, don’t make me walk by the buffet to smell > the food if i can’t eat any of it!!!!
Hmm. I’d hardly say that touching and being touched intimately constitutes not being able to sample the buffet. On the contrary, rather than the buffet being open only at set hours, what if you could snack from it any time, day or night? Suppose your favorite food was in the middle of that buffet, and sometimes you just wanted to go in, pick up some and nibble, and go on about your business. Would you really avoid that buffet except for times when you could commit to going through the whole line and sampling every dish? Come on, guys. I’m talking about going from sex only when everything’s lined up for a perfect, hours-long encounter (for most of us, that might be once a month at best), to "snack" sex ALL THE TIME!! Is that really so terrible? – Randy
Response:
Randy wrote in news:1101853440.371388.128190@c13g2000cwb.googlegroups.com: > Are you sure that if the woman you love
Not sure you realize mL is a female, married to a male? I am with ML on this. I don’t like to be left unsatisfied when making love. It’s not just men that feel this way, but it can be frustrating as hell for some women as well. It certainly doesn’t get a woman in the mood for a repeat performance if she’s left hanging. I am thankful that I’ve got a man in my life that cares enough to do all the little things that Cheryl was talking about, the hugs and the kisses, etc…. and isn’t interested only in himself. We make sure we’re both satisfied. — Cal~ Calinda dot Letter S at Gmail dot com
Response:
Been married about 13 years with one child. We have sex an average of 4-5x/week but have had periods in the past where it could go a month or two. I have been struggling with issues regarding depression, self-esteem, and prior sexual abuse. Open communication with my hubby really helped me to find myself in our sexual relationship and be more open and frequent. And I feel great about the increased intimacy. It’s been that way for about 4-6 months now. J aka BadKitty
Response:
In article <Xns95B1B6862505619599…@130.133.1.4>, "*Calinda*" <CalindaDotLett…@gmailRemove.com> wrote: – Hide quoted text — Show quoted text ->Randy wrote in news:1101853440.371388.128190@c13g2000cwb.googlegroups.com: >> Are you sure that if the woman you love >Not sure you realize mL is a female, married to a male? >I am with ML on this. I don’t like to be left unsatisfied when making >love. It’s not just men that feel this way, but it can be frustrating as >hell for some women as well. It certainly doesn’t get a woman in the mood >for a repeat performance if she’s left hanging. >I am thankful that I’ve got a man in my life that cares enough to do all >the little things that Cheryl was talking about, the hugs and the kisses, >etc…. and isn’t interested only in himself. We make sure we’re both >satisfied.
Good! And thank goodness i’m not alone on this!
I really don’t like getting "teased"… some romance here and there during other times is great. A little grab here and there is playful and fun. But if it were getting down to actually some serious touching, no, i don’t want to just do it for 5 minutes and stop. I’m not wired that way. I’d want to save it for when we have time. Not that i don’t share flirty and suggestive conversation with my partner during the day or in the grocery store, or a sloppy kiss or slap on the butt in the kitchen, that’s fun! but it’s different from having your parts stimulated, engorged and lubricated and ready – and then it’s over. (yep, that happens to us gals, too!)
Response:
mL wrote: > Randy wrote: >> On the other hand if the definition of "intimacy" >> were relaxed, didn’t have a goal, and everybody agreed >> to feel warm and cozy even if one person fell asleep >> in the first five minutes, then you might be able >> to snatch more of those "quickies". > ummm……maybe it depends who falls asleep??
> I don’t know how it is for men to be intensely > aroused and then suddenly have it stop, but i > know for me it’s not a warm & cozy feeling to > be aroused and left frustrated. It’s physically > painful.
Don’t worry, given enough events you get used to it and don’t pay attention to the physical discomfort, though dealing with the emotional disappointment may take a little longer. Either that or you just don’t get particularly worked up when with a partner. (All right, so that was a little bit tongue in cheek but is, AFAIK, pretty close to how one learns to accomodate this kind of situation. Granted, when your mate goes off-task the physical pain goes away quickly as the erection drops back to zero.) — Jack C Lipton | cupasoup at pele dot cx | http://www.asstr.org/~CupaSoup/ Leadership is about maximizing gains, Management about minimizing losses. This explains why managers like to hire accountants and keep them busy. -me "There _is_ a reason ideology rhymes with idiocy, you know." – me
Response:
On 30 Nov 2004 06:26:09 -0800, mbinro sayeth: > I am wondering what the average is here, How often do your and your > spouse make love, screw, do it? > How long have you been married?
We’ve been married for 11 years and we make love about 1-2 times a week. Usually 2. This seems like a good amount to me.
Response:
I am wondering what the average is here, How often do your and your spouse make love, screw, do it? How long have you been married?
Response:
mbinro wrote: > I am wondering what the average is here, How > often do your and your spouse make love, screw, > do it? > How long have you been married?
This has been asked here so often but, realize, this is not a scientific sample. Additionally, many of us come here _because_ we’ve faced (or are facing) marital issues. Some are recovered and some ain’t. That being said, none of the answer you may get will be relevant to YOUR situation. There *is* no "normal" frequency, it’s all on the bell curve and will vary from time to time even for any specific couple *anyway* since there’s a plethora of external events impinging upon the opportunities. Now if you ask "how often do you WANT to jump…" you’ll get more interesting answers. People vary. Any individual is not necessarily consistent in drives/desires/actions across a long enough span of time. So this is a question that, when answered, would only be illuminating to the person answering it with a set of numbers. Sex is part of the continuum of affection; how often are other signs of affection shown? And by whom? Additionally, if you look at MarriageBuilders.com you’ll discover that people have up to 10 channels to express affection through… and so you might not be listening to the right channel. — Jack C Lipton | cupasoup at pele dot cx | http://www.asstr.org/~CupaSoup/ Leadership is about maximizing gains, Management about minimizing losses. This explains why managers like to hire accountants and keep them busy. -me "There _is_ a reason ideology rhymes with idiocy, you know." – me
Response:
mbinro wrote: > I am wondering what the average is here, How often do your and your > spouse make love, screw, do it? > How long have you been married?
Been married for 14 years. We make love 2 to 3 times per month. This is a real problem in our marriage. It seems the more I push the worse it gets. But then again, if I don’t push it isn’t any better. I don’t understand why she doesn’t want to make love more often. I believe we both enjoy it very much. We feel close for a couple of days after. The longer we go without sex, the more distant we become. I just don’t understand why it is like this. As far as I am concerned, if we took time to be intimate every 5 days or so, life would be perfect.
Response:
On Tue, 30 Nov 2004 16:02:40 GMT, CAMAMagnet <CAMAMag…@outlook.sk> wrote: >Been married for 14 years. >We make love 2 to 3 times per month. This is a real problem in our >marriage. It seems the more I push the worse it gets. But then again, >if I don’t push it isn’t any better. >I don’t understand why she doesn’t want to make love more often. I >believe we both enjoy it very much. We feel close for a couple of days >after. The longer we go without sex, the more distant we become. I just >don’t understand why it is like this. As far as I am concerned, if we >took time to be intimate every 5 days or so, life would be perfect.
I think this situation happens often; and it is very sad. While I was thinking about what to say, the issue of "taking time" came to mind. In my own experience and from listening to others, I think this is one of the most important aspects of the problem. Even you said, "If we took time to be intimate every 5 days or so, life would be perfect." I don’t know specifically what is going wrong, but I think you cited a major point. So often, we allow work and personal pursuits push aside relationships that are subject to being taken for granted. We usually don’t notice until it hurts more than the diversion pleasures us. Someone said, "if something matters to us enough, we’ll find time for it." I agree. Whenever we get to busy to maintain human relationships, we are probably too busy for anyone’s good. Please, don’t give up. Fourteen years suggests you two are doing something right. Michael A day without recoil is like a day without sunshine!
Response:
- Hide quoted text — Show quoted text -CAMAMagnet wrote: > mbinro wrote: > > I am wondering what the average is here, How often do your and your > > spouse make love, screw, do it? > > How long have you been married? > Been married for 14 years. > We make love 2 to 3 times per month. This is a real problem in our > marriage. It seems the more I push the worse it gets. But then again, > if I don’t push it isn’t any better. > I don’t understand why she doesn’t want to make love more often. I > believe we both enjoy it very much. We feel close for a couple of days > after. The longer we go without sex, the more distant we become. I just > don’t understand why it is like this. As far as I am concerned, if we > took time to be intimate every 5 days or so, life would be perfect.
What reasons does she give? If she says she’s tired, perhaps she really is. This can be connected with unrealistic expectations. If she felt that it had to be fireworks and gymnastics every time, then she’d want to be awake and alert. It’s a mental commitment, more for a woman than a man. On the other hand if the definition of "intimacy" were relaxed, didn’t have a goal, and everybody agreed to feel warm and cozy even if one person fell asleep in the first five minutes, then you might be able to snatch more of those "quickies". - Randy
Response:
In article <1101838572.170440.127…@f14g2000cwb.googlegroups.com>, "Randy" <poespam-t…@yahoo.com> wrote: >On the other hand if the definition of "intimacy" >were relaxed, didn’t have a goal, and everybody agreed >to feel warm and cozy even if one person fell asleep >in the first five minutes, then you might be able >to snatch more of those "quickies".
ummm……maybe it depends who falls asleep??
I don’t know how it is for men to be intensely aroused and then suddenly have it stop, but i know for me it’s not a warm & cozy feeling to be aroused and left frustrated. It’s physically painful.
Response:
In article <51cf230a.0411300626.50a7f…@posting.google.com>, mbi…@yahoo.com (mbinro) wrote: >I am wondering what the average is here, How often do your and your >spouse make love, screw, do it? >How long have you been married?
We’ve been a couple 6 1/2 years. We’re both over 47, let’s say. For us it varies anywhere from about 3x – 5x week, depending on the amount of privacy we can find together. It’s been much less often the last couple months becuz of my medical condition, but we still manage to "get some" one way or another.
I’m looking forward to getting back to our "normal" again. There aren’t a lot of things in life that just plain feel good like that. When you are in pain a lot, it’s the pleasures that help balance it out to make day to day living bearable. Sex is one of those pleasures. I see it as the opposite of pain. I feel sad when i read these posts of frustrated ppl having it once a month, once a year, or worse, none… I’ve lived that way before and found it very unfulfilling in a lot of ways.
Response:
Author:
admin on
Category:
Accountants
Tags: Accountants
Related Posts
Accounting Talk » Accountants » Tax Question
Tax Question
Question:
Thanks! Yeah. We were still married December 31 of 2003. Yeah. What a dink. My x-husband wanted us to stay married until March just so we could file as married. I’m all ‘No thanks. I have no desire to cheat the IRS.’ I question if we can do it, how am I even supposed to sign the paperwork? I’m in Canada and him in the US. I don’t suppose that occured to him. Yeah. As if. That would require him to use his brain.
US and Canada share tax info (in cases like this) and have a treaty about same. If you are even slightly squeamish about tackling this on your own I would suggest you seek tax advice and/or service from a pro… It may be $30.00-$50.00 well spent! Ask around and make sure they understand US and Canadian tax laws. I was lucky in that when I was married to an American she did not have landed status so she was classed as a visitor and was employed in the US… so we filled individually in our separate countries. John
Response:
I just emailed my x-husband about income tax crap. He promised me some money you see when he gets his return. Anyways, he says we should file together because we were married in 2003. Is that right?
If you file jointly since you were married, the refund check should be made out to BOTH of you. So if you don;t sign it, he’d have to forge it to cash it. Seems like you’d have a little leverage there. "Sure, former dear, hand me 1/2 the check in cash and I’ll sign it over to you."
Response:
I would suggest you seek tax advice and/or service from a pro… It may be $30.00-$50.00 well spent!
$30 or $50? Dream on, dude. Best – Fido, CPA
Response:
I think he was thinking about those fake tax accountants at H&R Block.
– Hide quoted text — Show quoted text – I would suggest you seek tax advice and/or service from a pro… It may be $30.00-$50.00 well spent! $30 or $50? Dream on, dude. Best – Fido, CPA
Response:
If you file jointly since you were married, the refund check should be made out to BOTH of you. So if you don’t sign it, he’d have to forge it to cash it. <snip
… which is not unheard of. She could charge him, but the money is already gone. But these days, he need not forge anything. All he needs to do is use his bank’s routing and account # for a direct deposit. The IRS won’t know its not a joint account & nothing’s forged. I suggest that she get a promissory note from him for the part of the refund that she is due. [Rog']
Response:
I would suggest you seek tax advice and/or service from a pro… It may be $30.00-$50.00 well spent! $30 or $50? Dream on, dude.
I can have mine done for $35.00, my parents have both theirs done for $50.00 (they have use the same accountant for years). Maybe it costs more elsewhere, I can only go by what I know… John
Response:
Good call. I will do that. I don’t even know if he will agree to giving me half of the tax return but if he wants me to go to this trouble then he had better. Besides he owes me money anyways so I’m due damnit. Grrrrrr. Playin’ :-) I don’t have any reason to believe that he wouldn’t screw me over because he has been good about the money stuff so far. On the other hand, this is the same man who swore to be with me forever and lasted eleven months. Oh yeah, and said ‘I swear that I will never hurt you Karen.’ Ummm…yeah. Damn right I will get a promissory note. Thanks all! – Hide quoted text — Show quoted text – But these days, he need not forge anything. All he needs to do is use his bank’s routing and account # for a direct deposit. The IRS won’t know its not a joint account & nothing’s forged. I suggest that she get a promissory note from him for the part of the refund that she is due. [Rog']
Response:
I was planning to file separately but married. Why not do that? Joe MB – Hide quoted text — Show quoted text – Thanks! Yeah. We were still married December 31 of 2003. Yeah. What a dink. My x-husband wanted us to stay married until March just so we could file as married. I’m all ‘No thanks. I have no desire to cheat the IRS.’ I question if we can do it, how am I even supposed to sign the paperwork? I’m in Canada and him in the US. I don’t suppose that occured to him. Yeah. As if. That would require him to use his brain. Peace Do not sign a tax return with him if you know it is false. You can file separately even if you are married. I am not sure if you are even allowed to file jointly if yo are divorced, but in any case, stay clear of the IRS wrath and file only honest tax returns, preferably without anyone who may be cheating on a joint return. i
Response:
I was planning to file separately but married. Why not do that?
1. Becuz you have it backwards… its "married filing separately" (according to the IRS). 2. The tax burden on those filing jointly is usually lower. [Rog']
Response:
It might be worth it–when she says "I need you to do my taxes again this year as always" I can say "Oh, I already filed." Hell no I ain’t above it! –Joe Micro – Hide quoted text — Show quoted text – I was planning to file separately but married. Why not do that? 1. Becuz you have it backwards… its "married filing separately" (according to the IRS). 2. The tax burden on those filing jointly is usually lower. [Rog']
Response:
I was planning to file separately but married. Why not do that? 1. Becuz you have it backwards… its "married filing separately" (according to the IRS). 2. The tax burden on those filing jointly is usually lower. [Rog']
The first year after we were separated my ex (the tax writer) handed my stuff back on April 14th with the news that I would have to file separately. Filing jointly, we would get a $2,000 refund. Filing separate, she got $3,000 back and I owed $5,000.
Response:
- Hide quoted text — Show quoted text – I was planning to file separately but married. Why not do that? 1. Becuz you have it backwards… its "married filing separately" (according to the IRS). 2. The tax burden on those filing jointly is usually lower. [Rog'] The first year after we were separated my ex (the tax writer) handed my stuff back on April 14th with the news that I would have to file separately. Filing jointly, we would get a $2,000 refund. Filing separate, she got $3,000 back and I owed $5,000.
I suppose, then, that there was nothing in the separation agreement specifying the filing status, or the disposition of the refund (or liability). My condolances. Folks who are writing up separation agreements may want to consider such a clause (along with who gets to claim the children as exemptions). My ex and I waited for January for the actual divorce in order to file jointly that one last time, and we agreed to split the bottom line (refund or liability) 50/50. I count myself fortunate for having had a reasonably amicable separation. — Jack in NJ
Response:
The first year after we were separated my ex (the tax writer) handed my stuff back on April 14th with the news that I would have to file separately. Filing jointly, we would get a $2,000 refund. Filing separate, she got $3,000 back and I owed $5,000.
My ex and I always cooperated on money matters. The tax clause in our separation agreement: For any year in which we could do so, we would file a joint return and our respective payments or refunds would be determined by dividing the total tax amount by the ratio of our respective incomes, then deducting the tax withheld (prepaid) by each from those sums to determine the amount over or underpaid by each. Individually, one party may owe more and the other may be due a refund. In such a case, the party who owed more would first pay IRS any tax due and the balance to the party who overpaid. [Rog']
Response:
The first year after we were separated my ex (the tax writer) handed my stuff back on April 14th with the news that I would have to file separately. Filing jointly, we would get a $2,000 refund. Filing separate, she got $3,000 back and I owed $5,000. I suppose, then, that there was nothing in the separation agreement specifying the filing status, or the disposition of the refund (or liability). My condolances.
I probably will file separately because: 1) She’s self-employed (and has a supplemental low paying part time job) and will owe money at the end of the year. 2) I have a regular job with a bit extra self-employed income on top, and will get a refund. 3) I’m through being extra nice 4) there is no separation agreement because she has dragged her feet and delayed and screwed around 5) And when I get the refund I’m going to split it with her anyway, because that seems like the right thing to do. Joe "just nice, not extra nice" Micro Brew
Response:
"Rambler" wrote… From what you said above, Roger, it seems that if in a given year you were making all of the money, you’d be paying all the tax. <snip … it would seem to say that, since I earned it, I should be responsible for the tax. However, she also benefited from my earnings in that it supplied her with a lifestyle that she otherwise wouldn’t have been able to. Now, since it was "our" money, shouldn’t she be responsible, equally, for the tax on it. If it’s paid, it’s paid, and it was paid out of the joint funds, but if it is not paid, well then … what sayest ye on that? I mean, legally, morally and ethically, she be able to walk?
Legally, I don’t think that she could be held liable for tax that you owe on your income (unless she signs your return). But morally and ethically, she ought to pay a portion of the tax burden to the extent that she spent your income on herself. My ex also spent a lot of my income for her lifestyle, but the reason we used the ratio of our incomes was not legal, morals or ethics, just that, since we both had tax withheld from our pay, proportionately, a "from each according to their abilities" approach seemed to work best.
Response:
Hey All, I just emailed my x-husband about income tax crap. He promised me some money you see when he gets his return. Anyways, he says we should file together because we were married in 2003. Is that right? Its him who will be cheating the IRS I suppose and not me but is that cheating them or is that technically right since we were married in 2003? I just want to be sure is all. Works for me because we’ll get more money back and therefore I’ll actually get some well deserved $$$ from him but I just don’t know if thats technically okay. Any help would be great. Thanks
Karen, I’m certainly not a tax expert of any sort, so your mileage may vary…. But I suspect that the question really boils down to "Did you, personally, work and earn money during that tax year?" If you did, then you would be required to file a return with the US IRS. That return could be either a joint return with your ex or a separate return filed only by yourself, but a return must be filed with your name on it. Now, otoh, if you did *not* earn money during that tax year, you are *not* required to file. Your ex-husband (assuming he worked and earned money) would have to file, though. And he *could* file jointly (with your name on the return) if the two of you were married during the tax period. His reasons for doing this would be that the total tax bill would probably be lower than if he filed separately. Cheers! rj
Response:
Hey All, I just emailed my x-husband about income tax crap. He promised me some money you see when he gets his return. Anyways, he says we should file together because we were married in 2003. Is that right? Its him who will be cheating the IRS I suppose and not me but is that cheating them or is that technically right since we were married in 2003? I just want to be sure is all. Works for me because we’ll get more money back and therefore I’ll actually get some well deserved $$$ from him but I just don’t know if thats technically okay. Any help would be great. Thanks
Response:
Hey All, I just emailed my x-husband about income tax crap. He promised me some money you see when he gets his return. Anyways, he says we should file together because we were married in 2003. Is that right?
Were you still married to him on Dec. 31, 2003? If so, you file as "married", and you may choose to file either "jointly" or "separately". If you were divorced by Dec. 31, 2003, you cannot file as "married" (unless you married someone else by Dec. 31, 2003). http://www.irs.gov/publications/p501/ar02.html#d0e974 : Divorced persons. If you are divorced under a final decree by the last day of the year, you are considered unmarried for the whole year. Best wishes. — Jack in NJ
Response:
Thanks! Yeah. We were still married December 31 of 2003. Yeah. What a dink. My x-husband wanted us to stay married until March just so we could file as married. I’m all ‘No thanks. I have no desire to cheat the IRS.’ I question if we can do it, how am I even supposed to sign the paperwork? I’m in Canada and him in the US. I don’t suppose that occured to him. Yeah. As if. That would require him to use his brain. Peace
– Hide quoted text — Show quoted text – Do not sign a tax return with him if you know it is false. You can file separately even if you are married. I am not sure if you are even allowed to file jointly if yo are divorced, but in any case, stay clear of the IRS wrath and file only honest tax returns, preferably without anyone who may be cheating on a joint return. i
Response:
I just emailed my x-husband about income tax crap. He promised me some money you see when he gets his return. Anyways, he says we should file together because we were married in 2003. Is that right?
In 1999, I was pleased that our final hearing was on 12/23. Pleased not about the divorce, but the timing. Since we were not married to each other on 12/31, we would be considered unmarried and _could not_ file jointly. My taxes were higher, but at least I would not have to deal with sharing a payment or a refund. However, there were dividends, interest and capital gains on joint accts which had my SSN, so I had to report them on my return. My ex agreed to pay a prorated share of the tax on those items… it wasn’t much. [Rog']
Response:
Karen said… Thanks! Yeah. We were still married December 31 of 2003. Yeah. What a dink. My x-husband wanted us to stay married until March just so we could file as married. I’m all ‘No thanks. I have no desire to cheat the IRS.’
If you were legally married on Dec 31 you’re not cheating. You’d be cheating if you lied about your marital status. I question if we can do it, how am I even supposed to sign the paperwork? I’m in Canada and him in the US. I don’t suppose that occured to him. Yeah. As if. That would require him to use his brain.
Mail, UPS, FedEx… any of those will work. Mail to you, you sign, mail back to him or to the IRS. He’ll probably think of this idea. Casey We are born naked, wet, and hungry. Then things get worse.
Response:
Thanks! Yeah. We were still married December 31 of 2003. Yeah. What a dink. My x-husband wanted us to stay married until March just so we could file as married. I’m all ‘No thanks. I have no desire to cheat the IRS.’ I question if we can do it, how am I even supposed to sign the paperwork? I’m in Canada and him in the US. I don’t suppose that occured to him…. That would require him to use his brain.
I detect a touch of sarcasm. If he agreed to provde a notarized affidavit stating that: 1. he has reported all taxable income and that all deductions are fully supported and will provide proof of same upon request, 2. he will pay any exepenses (including attorneys or accountant fees) and any penalties or interests that may be incurred or assessed as a result of any error or omission, or an IRS audit, and 3. he acknowledges your claim to a portion of any refund and will not deposit, cash or assign it without your prior approval… Then, I’d consider signing a joint return. And Fed-X the papers. [Rog']
Response:
It’s not cheating the IRS if all you’re doing is taking advantage of the married status. Of course you have to be married as of 12/31/2003, though. Why would you want to be taxed more than your fair share anyway? As for signing the return, he can sign first, then mail it to you…perfectly legit. – Hide quoted text — Show quoted text -Thanks! Yeah. We were still married December 31 of 2003. Yeah. What a dink. My x-husband wanted us to stay married until March just so we could file as married. I’m all ‘No thanks. I have no desire to cheat the IRS.’ I question if we can do it, how am I even supposed to sign the paperwork? I’m in Canada and him in the US. I don’t suppose that occured to him. Yeah. As if. That would require him to use his brain. Peace Do not sign a tax return with him if you know it is false. You can file separately even if you are married. I am not sure if you are even allowed to file jointly if yo are divorced, but in any case, stay clear of the IRS wrath and file only honest tax returns, preferably without anyone who may be cheating on a joint return. i
Response:
Author:
admin on
Category:
Accountants
Tags: Accountants
Related Posts
Accounting Talk » Accountants » Arrgggh these numbers
Arrgggh these numbers
Question:
If I have a $1,662.00 credit from the IRS coming to me how much did I earn that year and how much was my spending? I lost all of my records. The IRS lost all of my records. (Except credit) Noone has any records on file. anyone care to help? Please please please Thanks.
Response:
The first rule in filing with the IRS is to keep at least 2 copies for your records. Your question is not an easy one to answer as there are all kinds of deductions to take. Do you remember anything about filling out the form? Janice
– Hide quoted text — Show quoted text – If I have a $1,662.00 credit from the IRS coming to me how much did I earn that year and how much was my spending? I lost all of my records. The IRS lost all of my records. (Except credit) Noone has any records on file. anyone care to help? Please please please Thanks.
Response:
I supposedly made $44,254 in 1999 and my accountant told me I need deductions, but I need to know how much in deductions to gain back $1,662 in credit. (He couldn’t tell me) The IRS (two seperate agents) told me just show the 1999 return with $1,662 over payment and everything will be fine. Yeah yeah I know copies copies copies, but I was young and nieve then. Last year in 2001 the IRS had copies of my records of 1999 I applied that credit towards my 2002 return… Becuase I owed $768. Thats when they sent a letter stating they never received my 1999 return. I have been in contact with them to extend the 3 year deadline, but the new deadline is creeping fast and I don’t know what to do. What do I do?
– Hide quoted text — Show quoted text – The first rule in filing with the IRS is to keep at least 2 copies for your records. Your question is not an easy one to answer as there are all kinds of deductions to take. Do you remember anything about filling out the form? Janice If I have a $1,662.00 credit from the IRS coming to me how much did I earn that year and how much was my spending? I lost all of my records. The IRS lost all of my records. (Except credit) Noone has any records on file. anyone care to help? Please please please Thanks.
Response:
- Hide quoted text — Show quoted text – I supposedly made $44,254 in 1999 and my accountant told me I need deductions, but I need to know how much in deductions to gain back $1,662 in credit. (He couldn’t tell me) The IRS (two seperate agents) told me just show the 1999 return with $1,662 over payment and everything will be fine. Yeah yeah I know copies copies copies, but I was young and nieve then. Last year in 2001 the IRS had copies of my records of 1999 I applied that credit towards my 2002 return… Becuase I owed $768. Thats when they sent a letter stating they never received my 1999 return. I have been in contact with them to extend the 3 year deadline, but the new deadline is creeping fast and I don’t know what to do. What do I do? The first rule in filing with the IRS is to keep at least 2 copies for your records. Your question is not an easy one to answer as there are all kinds of deductions to take. Do you remember anything about filling out the form? Janice If I have a $1,662.00 credit from the IRS coming to me how much did I earn that year and how much was my spending? I lost all of my records. The IRS lost all of my records. (Except credit) Noone has any records on file. anyone care to help? Please please please Thanks.
There’s no way to answer the question as posed as there’s insufficient information to make the answer unique. I would suggest you need to reconstruct as well as possible the information for the year in question and submit it to the IRS with an explanation. I’ve not looked, but I would suppose there are quidelines published for what to do in cases where documentation has been lost as it must happen often. Sounds like you’ve been fiddling away the time hoping a problem would go away if you ignored it–doesn’t seem like you’ve matured that much yet. :)
Response:
fe – Hide quoted text — Show quoted text – "You don’t sound like someone that could compete a tax return of their own." You are right I would not want to compete in a tax return, but I do NO how to spell correctly. I am dealing with a schedule c with lost information. This is not a school question…this is real! I lost my info in a fire. I now do my returns electronically because of that. Welcome to the odds, since it did happen where everyone lost the info and that is why I am posting on a message board for accountants! Do you think I want to be here? They have a copy of an adjusted credit with no records of my returns. 2 Years ago I wanted them to send me a check, but the good ol’ IRS can not just send a check. Now because they told me to wait to adjust it to 2002’s return since that happened in 2003 it is passed the alotted time (3 Years) of the orginal overpayment on my part and this is where I am having difficulties. Since I owe $768 from 2002 and I applied that credit towards the bill. This is why I am faced with a catch twenty two situation. They want money from me, but I want money from them, it’s the same money but nobody gets anything until they find the 99 return or I recreate the numbers (as told to me by 2 seperate operators from the IRS). That is why I posted hoping I would get some advice instead of ridcule, but Thanks for the tax table advice that is a start to what I was looking for. As for the IRS losing my information… well they did it three times and if you don’t believe me then "Oh my God look out behind you!" … sorry I had a daydream. Thanks for everyones advice so far. If you want to be on my christmas gift list email me and I will take care of you.
Response:
Find a good Tax Accountant who spends a lot of time dealing with the IRS on behalf of other clients and let him / her handle the problem for you. If you are making a good income at the moment, it is not worth wasting your time in an area that you are not knowledgeable in.
Response:
I supposedly made $44,254 in 1999 and my accountant told me I need deductions, but I need to know how much in deductions to gain back $1,662 in credit. (He couldn’t tell me) The IRS (two seperate agents) told me just show the 1999 return with $1,662
This IRS has to have records of your tax liability and payments for 1999. If you worked that year, you would have W-2 wages so there had to be a settlement of the account for the Tax Year 1999. What is it? ast year in 2001 the IRS had copies of my records of 1999 I applied that credit towards my 2002 return… Becuase I owed $768. Thats when they sent a letter stating they never received my 1999 return. I have been in contact with them to extend the 3 year deadline, but the new deadline is creeping fast and I don’t know what to do.
So are you saying that they never have received record of your 1999 return and now they are coming after you to file this return also. If this is the case, then you have problems if you can’t recreate your activities for that year and will probably end up owing more money based on the settlement you reach for 1999.
Response:
– Hide quoted text — Show quoted text – "You don’t sound like someone that could compete a tax return of their own." You are right I would not want to compete in a tax return, but I do NO how to spell correctly. I am dealing with a schedule c with lost information. This is not a school question…this is real! I lost my info in a fire. I now do my returns electronically because of that. Welcome to the odds, since it did happen where everyone lost the info and that is why I am posting on a message board for accountants! Do you think I want to be here? They have a copy of an adjusted credit with no records of my returns. 2 Years ago I wanted them to send me a check, but the good ol’ IRS can not just send a check. Now because they told me to wait to adjust it to 2002’s return since that happened in 2003 it is passed the alotted time (3 Years) of the orginal overpayment on my part and this is where I am having difficulties. Since I owe $768 from 2002 and I applied that credit towards the bill. This is why I am faced with a catch twenty two situation. They want money from me, but I want money from them, it’s the same money but nobody gets anything until they find the 99 return or I recreate the numbers (as told to me by 2 seperate operators from the IRS). That is why I posted hoping I would get some advice instead of ridcule, but Thanks for the tax table advice that is a start to what I was looking for. As for the IRS losing my information… well they did it three times and if you don’t believe me then "Oh my God look out behind you!" … sorry I had a daydream. Thanks for everyones advice so far. If you want to be on my christmas gift list email me and I will take care of you.
Oh don’t get too pissed off! real tax advice can be found
Response:
If I have a $1,662.00 credit from the IRS coming to me how much did I earn that year and how much was my spending?
I have to inform you that, sadly, I had to terminate my psycic. Fortunately, she saw it coming. How in the world do you expect anyone to know? The potential combinations are endless. — Paul A. Thomas, CPA taxman at negia.net
Response:
The only good thing I have on my court is the letters each operator has sent to me before they disappear. Each letter expalins I have $1,662.00 credit coming to me.
Ummm……that is probably the amount of withholding or overpayment from a prior year. If they knew how much you have overpaid in taxes, they wouldn’t NEED your return. They can’t create a refund until the return is filed. They can’t apply it forward until the return is filed. I need to come up with some numbers that equal out.
You need to file a return. If you thought you filed a return, then it may be helpful to contact your state tax agency to see if they have a copy on file. Is there a website that can calculate this? Is there a phone number I can call? Is there a God I can pray to.
As others have stated before, reconstruct your income and deductions for that year. — Paul A. Thomas, CPA taxman at negia.net
Response:
"You don’t sound like someone that could compete a tax return of their own." You are right I would not want to compete in a tax return, but I do NO how to spell correctly. I am dealing with a schedule c with lost information. This is not a school question…this is real! I lost my info in a fire. I now do my returns electronically because of that. Welcome to the odds, since it did happen where everyone lost the info and that is why I am posting on a message board for accountants! Do you think I want to be here? They have a copy of an adjusted credit with no records of my returns. 2 Years ago I wanted them to send me a check, but the good ol’ IRS can not just send a check. Now because they told me to wait to adjust it to 2002’s return since that happened in 2003 it is passed the alotted time (3 Years) of the orginal overpayment on my part and this is where I am having difficulties. Since I owe $768 from 2002 and I applied that credit towards the bill. This is why I am faced with a catch twenty two situation. They want money from me, but I want money from them, it’s the same money but nobody gets anything until they find the 99 return or I recreate the numbers (as told to me by 2 seperate operators from the IRS). That is why I posted hoping I would get some advice instead of ridcule, but Thanks for the tax table advice that is a start to what I was looking for. As for the IRS losing my information… well they did it three times and if you don’t believe me then "Oh my God look out behind you!" … sorry I had a daydream. Thanks for everyones advice so far. If you want to be on my christmas gift list email me and I will take care of you.
Response:
This sounds like a text book assignment question!!! But here’s my two cents… If I have a $1,662.00 credit from the IRS coming to me how much did I earn that year and how much was my spending?
Check a tax table (IRS has them and would gladly help you calculate tax owing/credit). I lost all of my records.
Why? The IRS lost all of my records. (Except credit)
Not possible if they have record of your credit… they don’t destroy filing documents until the seven year rule. Noone has any records on file.
How about the original tax preparer? You don’t sound like someone that could compete a tax return of their own. The tax preparer should/must keep copies of files. No way all three parties (you, IRS and preparer) could lose documents… odds are too terrific. anyone care to help? Please please please Thanks.
Why not go back to your text book and read the chapter again where it shows you how to calculate the tax owing and work backwards.
Response:
- Hide quoted text — Show quoted text – Duane thanks for the advice, but fiddling away waiting for it to go away was not my intention. I have sent the IRS now a total of three tax returns for 1999. This time I need to send them one more return, hopefully this will be my last. This may sound weird, but each time I contact an operator and send them the information they end up no longer working there. I think each person I send my info to keeps getting released, fired, killed etc… My 1999 tax returns are cursed! The only good thing I have on my court is the letters each operator has sent to me before they disappear. Each letter expalins I have $1,662.00 credit coming to me. My problem now is that after the last operator completed my transactions, I have moved and lost all of my older transactions. I do not have the information my accoutant needs to do the 1999 tax return. Which makes things worse is I was a schedule c in 1999. I need to come up with some numbers that equal out. Is there a website that can calculate this? Is there a phone number I can call? Is there a God I can pray to. Please Help! I appreciate you stating I haven’t matured yet, but hey your just an accountant what would you know?
I’m just an engineer, not an accountant? And, sorry, it was just the tone of the post that made the comment… Anyway, I don’t think there’s anything you can do to build a return but to sit down with the information the best you can piece it together and simply fiddle with numbers that eventually work out to what you need. Since it would all be undocumented, that’s why I’d suggest going to an accountant and asking advice as to how to proceed….maybe someone else here will have some suggestions as an actual accountant in such a situation. If you do at least have the letter stating that you are owed the amount, that should at least help some. But, it’s clear there’s an infinite number of ways to arrange income, expenses and deductions to make a specific bottom line from only a single income figure.
Response:
Duane thanks for the advice, but fiddling away waiting for it to go away was not my intention. I have sent the IRS now a total of three tax returns for 1999. This time I need to send them one more return, hopefully this will be my last. This may sound weird, but each time I contact an operator and send them the information they end up no longer working there. I think each person I send my info to keeps getting released, fired, killed etc… My 1999 tax returns are cursed! The only good thing I have on my court is the letters each operator has sent to me before they disappear. Each letter expalins I have $1,662.00 credit coming to me. My problem now is that after the last operator completed my transactions, I have moved and lost all of my older transactions. I do not have the information my accoutant needs to do the 1999 tax return. Which makes things worse is I was a schedule c in 1999. I need to come up with some numbers that equal out. Is there a website that can calculate this? Is there a phone number I can call? Is there a God I can pray to. Please Help! I appreciate you stating I haven’t matured yet, but hey your just an accountant what would you know?
Response:
Author:
admin on
Category:
Accountants
Tags: Accountants
Related Posts
Accounting Talk » Accounting » C.P.A. pass rate in Washinton and California?
C.P.A. pass rate in Washinton and California?
Question:
Does anyone know what the first and second pass rate is when taking the CPA test? I’ve just started college (again) and I’m going for my BAS in Accounting and want become a CPA soon after graduation. Also, what does the test involve and what can I start working on now to help me pass it in 3 years or so. THREE years? C’mon! Worry about your college education, study hard, learn a lot, that’s all you need to worry about for now. Worry about the CPA exam in 2 1/2 years. — Paul A. Thomas, CPA, PC Athens, Georgia
Response:
Does anyone know what the first and second pass rate is when taking the CPA test? I’ve just started college (again) and I’m going for my BAS in Accounting and want become a CPA soon after graduation. Also, what does the test involve and what can I start working on now to help me pass it in 3 years or so.
I believe CA is among the vast majority of states that require 150 hours to sit for the CPA. You’ll need more than your bachelor’s degree. — Todd Stephens
Response:
Does anyone know what the first and second pass rate is when taking the CPA test? I’ve just started college (again) and I’m going for my BAS in Accounting and want become a CPA soon after graduation. Also, what does the test involve and what can I start working on now to help me pass it in 3 years or so. Thanks, Matt Bock
Response:
Author:
admin on
Category:
Accounting
Tags: Accounting
Related Posts
Accounting Talk » Accounting » PC ROS 333 – sparks inside housing?
PC ROS 333 – sparks inside housing?
Question:
Hi all, I was using a maybe 18-month old random orbital sander (PC 333) this past weekend, when I noticed that when it was spinning, I could peer into the vent slots in the top part (the handle) and see a little show of bluish sparks inside the machine. Roughly where the power cord inserts into the housing, straight back from the on-off switch. I’d never noticed this before, but then again, I’d never looked. My guess is that this is NOT normal, but I wanted to check. Is it time to give Porter-Cable a call? (Although after accounting for shipping costs, it might make more sense to just get a new sander.) Thanks, Ron
Response:
I think you will find that the sparks are coming from the area that the brushes come in contact with the armature. probably in 2 places… This is normal of most any universal electric motor. If however the sparks are coming from another area, this is bad. I think you are seeing the before mentioned.
– Hide quoted text — Show quoted text – Hi all, I was using a maybe 18-month old random orbital sander (PC 333) this past weekend, when I noticed that when it was spinning, I could peer into the vent slots in the top part (the handle) and see a little show of bluish sparks inside the machine. Roughly where the power cord inserts into the housing, straight back from the on-off switch. I’d never noticed this before, but then again, I’d never looked. My guess is that this is NOT normal, but I wanted to check. Is it time to give Porter-Cable a call? (Although after accounting for shipping costs, it might make more sense to just get a new sander.) Thanks, Ron
Response:
Chill, Ron, that’s normal. I just went out and checked mine. I can see the arc of the brushes. You’ve got to find something else to worry about, man! dave – Hide quoted text — Show quoted text – Hi all, I was using a maybe 18-month old random orbital sander (PC 333) this past weekend, when I noticed that when it was spinning, I could peer into the vent slots in the top part (the handle) and see a little show of bluish sparks inside the machine. Roughly where the power cord inserts into the housing, straight back from the on-off switch. I’d never noticed this before, but then again, I’d never looked. My guess is that this is NOT normal, but I wanted to check. Is it time to give Porter-Cable a call? (Although after accounting for shipping costs, it might make more sense to just get a new sander.) Thanks, Ron
Response:
I was using a maybe 18-month old random orbital sander (PC 333) this past weekend, when I noticed that when it was spinning, I could peer into the vent slots in the top part (the handle) and see a little show of bluish sparks inside the machine.
Perfectly normal for any motor with brushes (most small power tools – if it says it will run on AC or DC, it has brushes). If excessive, it may be time for new brushes – cheap and simple. Of course, if you’d rather toss it, my address is…
Response:
I think you will find that the sparks are coming from the area that the brushes come in contact with the armature. probably in 2 places… This is normal of most any universal electric motor.
Correct, and a reason not to do any sanding in the presence of flammable fumes. Ed
Response:
- Hide quoted text — Show quoted text – Hi all, I was using a maybe 18-month old random orbital sander (PC 333) this past weekend, when I noticed that when it was spinning, I could peer into the vent slots in the top part (the handle) and see a little show of bluish sparks inside the machine. Roughly where the power cord inserts into the housing, straight back from the on-off switch. I’d never noticed this before, but then again, I’d never looked. My guess is that this is NOT normal, but I wanted to check. Is it time to give Porter-Cable a call? (Although after accounting for shipping costs, it might make more sense to just get a new sander.) Thanks, Ron
Ron, by all means give PC a call. You are probably seeing the arcing between the brushes and the communtator. Why were you peering into the vent slots while you were sanding? Hank —–= Posted via Newsfeeds.Com, Uncensored Usenet News =—– http://www.newsfeeds.com – The #1 Newsgroup Service in the World! —–== Over 80,000 Newsgroups – 16 Different Servers! =—–
Response:
I was using a maybe 18-month old random orbital sander (PC 333) this past weekend, when I noticed that when it was spinning, I could peer into the vent slots in the top part (the handle) and see a little show of bluish sparks inside the machine. Perfectly normal for any motor with brushes (most small power tools – if it says it will run on AC or DC, it has brushes). If excessive, it may be time for new brushes – cheap and simple. Of course, if you’d rather toss it, my address is…
Thanks for all the responses, guys. I’ll get back to work and stop trying to look inside my tools while they’re running… -R
Response:
Why were you peering into the vent slots while you were sanding?
Maybe he is short? — Rumpty Radial Arm Saw Forum: http://forums.delphiforums.com/woodbutcher/start – - – - – - – - – - – - – - – - – - – - –
– Hide quoted text — Show quoted text – Hi all, I was using a maybe 18-month old random orbital sander (PC 333) this past weekend, when I noticed that when it was spinning, I could peer into the vent slots in the top part (the handle) and see a little show of bluish sparks inside the machine. Roughly where the power cord inserts into the housing, straight back from the on-off switch. I’d never noticed this before, but then again, I’d never looked. My guess is that this is NOT normal, but I wanted to check. Is it time to give Porter-Cable a call? (Although after accounting for shipping costs, it might make more sense to just get a new sander.) Thanks, Ron Ron, by all means give PC a call. You are probably seeing the arcing between the brushes and the communtator. Why were you peering into the vent slots while you were sanding? Hank —–= Posted via Newsfeeds.Com, Uncensored Usenet News =—– http://www.newsfeeds.com – The #1 Newsgroup Service in the World! —–== Over 80,000 Newsgroups – 16 Different Servers! =—–
Response:
Out of curiosity, if the sparks in a power tool are not an explosion hazard with the fine sawdust, would I be safe using a radiant electric heater in my shop? Thanks, Ed
Response:
Author:
admin on
Category:
Accounting
Tags: Accounting
Related Posts
Accounting Talk » Business Accounting » Violent white kids vs the prison population.
Violent white kids vs the prison population.
Question:
Apparently so was Uncle Ho and all those killings in East Timor never happened either. The SLORC in Burma must be made up of really well disguised blacks as well, and we all know the Triads and Yakuza are simply a myth designed to frighten those without Frank’s special insight. — Cheers, Craig
– Hide quoted text — Show quoted text – It makes a difference to cops, when they are beating heads. At the police academy, I bet they go over the different skull thickness of different ethnic groups, telling the recruits that you have to whack a black guy twice as hard and twice as many times as a oriental, for example. Orientals don’t commit violent crimes, FYI. So Pol Pot was innocent?
Response:
– Hide quoted text — Show quoted text – I find it ironic that even in today’s IT age with all those Discovery and TLC channels on TV, white people still go around deluding themselves into believing that their higher IQ scores are genetics based. Not withstanding all the evidence showing the large role that an intellectually stimulating environment plays on IQ. Based on the status quo in America, which dictates that the white man gets the job first, how can blacks compete with whites in providing a better intellectual environment for their kids. The whites are better able to afford educational toy; they are twenty times more likely to place their kids in a wealthy school district with the necessities for nurturing a high IQ; their kids do not live in a country where their self esteem is under constant attack. Yes, white people generally have higher IQs, because their brains are more likely to be wired for this. But modern science has shown that this wiring of the brain has more to do with exposure in the first five years of life than anything else. The only things that white has over blacks is the privilege to live in a country where the are the favored ones. As usual, the white people talking all this bull about whites genetics based higher IQ are just too dumb to interpret the data. Just like those two idiots back then who couldn’t interpret the bell curve. Quote me a reputable modern scientist who has any evidence supporting whites genetics based higher IQ scores.
snipped garbage I realise you visiting a.a.d.p from another group but I hope you will stay around. The views of vivacious otherwise known as FRANK belong to him and him alone. He is not only a racist, he is also a retard so don’t let his posts put you off our feisty little group. We do not get enough views from blacks themselves about the use of the DP in America and we should.
Response:
It makes a difference to cops, when they are beating heads. At the police academy, I bet they go over the different skull thickness of different ethnic groups, telling the recruits that you have to whack a black guy twice as hard and twice as many times as a oriental, for example. Orientals don’t commit violent crimes, FYI. They are mostly averse to alcohol, seldom drink, especially Chinese.
Bwwaaaahhhhhh!!!! Who are you trying to fool? Ching-wangs drink like fish. They are some of the biggest drunks and murderers in the world. The japs make drunken debauchary a national passtime. Murderers are executed in China every day. Happy to have cleared things up for you, Don — * Rev. Don McDonald * Man’s gotta earn a living. * Baltimore, MD * Dying ain’t much of a living, boy.
Response:
I find it ironic that even in today’s IT age with all those Discovery and TLC channels on TV, white people still go around deluding themselves into believing that their higher IQ scores are genetics based. Not withstanding all the evidence showing the large role that an intellectually stimulating environment plays on IQ. Based on the status quo in America, which dictates that the white man gets the job first, how can blacks compete with whites in providing a better intellectual environment for their kids.
You obviously don’t know anything about hiring in the real world. If a black and a white are equally qualified, the job will go tp the black. Simply because you can not hire a white for any reason or even for no reason, but you’d better have a darn good reason to not hire a black. The whites are better able to afford educational toy; they are twenty times more likely to place their kids in a wealthy school district with the necessities for nurturing a high IQ; their kids do not live in a country where their self esteem is under constant attack.
Whie self-esteem is under constant attack. I’m amazed you could make this comment. Every villain in fiction is white. Every famous white is an exploiter. Whites cannot have their own culture. There is black culture, Hispanic culture, American Indian culture. But nothing in this conuntry is uniquely about or for white people. Imagine this statement by the father of a child in an interracial relationship: "My beautiful, successful child has so much to offer our community. Such a positive role model must marry among our people, and continue to be a bright, shining example to our young". Now, what is your reaction if the black father said it? And your reaction if the white father said exactly the same thing? Yes, white people generally have higher IQs, because their brains are more likely to be wired for this. But modern science has shown that this wiring of the brain has more to do with exposure in the first five years of life than anything else. The only things that white has over blacks is the privilege to live in a country where the are the favored ones.
Stop repeating the same old excuses, and offer some examples of that privilege. Everything in my perspective shows blacks to be the favored ones. As usual, the white people talking all this bull about whites genetics based higher IQ are just too dumb to interpret the data. Just like those two idiots back then who couldn’t interpret the bell curve. Quote me a reputable modern scientist who has any evidence supporting whites genetics based higher IQ scores.
Show me a reputable modern scientist who would continue to be a reputable modern scientist if he tried to make that case. Mark
Response:
Fully support what you said. Thanks. – f
– Hide quoted text — Show quoted text – I find it ironic that even in today’s IT age with all those Discovery and TLC channels on TV, white people still go around deluding themselves into believing that their higher IQ scores are genetics based. Not withstanding all the evidence showing the large role that an intellectually stimulating environment plays on IQ. Based on the status quo in America, which dictates that the white man gets the job first, how can blacks compete with whites in providing a better intellectual environment for their kids. You obviously don’t know anything about hiring in the real world. If a black and a white are equally qualified, the job will go tp the black. Simply because you can not hire a white for any reason or even for no reason, but you’d better have a darn good reason to not hire a black. The whites are better able to afford educational toy; they are twenty times more likely to place their kids in a wealthy school district with the necessities for nurturing a high IQ; their kids do not live in a country where their self esteem is under constant attack. Whie self-esteem is under constant attack. I’m amazed you could make this comment. Every villain in fiction is white. Every famous white is an exploiter. Whites cannot have their own culture. There is black culture, Hispanic culture, American Indian culture. But nothing in this conuntry is uniquely about or for white people. Imagine this statement by the father of a child in an interracial relationship: "My beautiful, successful child has so much to offer our community. Such a positive role model must marry among our people, and continue to be a bright, shining example to our young". Now, what is your reaction if the black father said it? And your reaction if the white father said exactly the same thing? Yes, white people generally have higher IQs, because their brains are more likely to be wired for this. But modern science has shown that this wiring of the brain has more to do with exposure in the first five years of life than anything else. The only things that white has over blacks is the privilege to live in a country where the are the favored ones. Stop repeating the same old excuses, and offer some examples of that privilege. Everything in my perspective shows blacks to be the favored ones. As usual, the white people talking all this bull about whites genetics based higher IQ are just too dumb to interpret the data. Just like those two idiots back then who couldn’t interpret the bell curve. Quote me a reputable modern scientist who has any evidence supporting whites genetics based higher IQ scores. Show me a reputable modern scientist who would continue to be a reputable modern scientist if he tried to make that case. Mark
Response:
Orientals don’t commit violent crimes, FYI. So Pol Pot was innocent?
I kind of anticipated something like this. I want to define who I included in this category. I included Chinese, Japanese and Koreans. Vietnamese, peoples of Laos and Cambodia are excluded. It is my right to exclude them because I talk about a certain genetic group. Philippinos are excluded. Peoples of India are excluded as well. Political crimes like Pol Pots belong in a different category altogether. Cambodians are hard to assess because there are not too many of them in the United States. We can see, however, the behavior of Chinese, Japanese and Koreans in the States. They don’t commit crimes. At one point a census in prisons of California found only three violent criminals ethnically Chinese. More than that, "Orientals" don’t get mentally ill. You will seldom see them at psychiatric offices. There is a popular belief that they get depressed but don’t go to a doctor. It is not true. You can see that the second and third generations of Orientals have the same resilience. As a rule they don’t become psychotic. They have a very balanced nervous system. – f
Response:
So what about the triads and Yakuza? Last time I checked, the Triads were ethnically Chinese and the Yakuza just happen to be Japanese. The corruption of the chaebol system in Korea, which has led to beatings, kidnapping and assassination of opponents is obviously a figment of the imagination of those killed. What a mental pygmy you really are. — Cheers, Craig
– Hide quoted text — Show quoted text – Orientals don’t commit violent crimes, FYI. So Pol Pot was innocent? I kind of anticipated something like this. I want to define who I included in this category. I included Chinese, Japanese and Koreans. Vietnamese, peoples of Laos and Cambodia are excluded. It is my right to exclude them because I talk about a certain genetic group. Philippinos are excluded. Peoples of India are excluded as well. Political crimes like Pol Pots belong in a different category altogether. Cambodians are hard to assess because there are not too many of them in the United States. We can see, however, the behavior of Chinese, Japanese and Koreans in the States. They don’t commit crimes. At one point a census in prisons of California found only three violent criminals ethnically Chinese. More than that, "Orientals" don’t get mentally ill. You will seldom see them at psychiatric offices. There is a popular belief that they get depressed but don’t go to a doctor. It is not true. You can see that the second and third generations of Orientals have the same resilience. As a rule they don’t become psychotic. They have a very balanced nervous system. – f
Response:
Based on the status quo in America, which dictates that the white man gets the job first, how can blacks compete with whites in providing a better intellectual environment for their kids.
There is a simple solution to it: go to Africa and enjoy a very stimulating intellectual environment in every country of sub-Saharan Africa where you are in the majority. I especially recommend Nigeria. If you don’t become a victim of a crime you will be back in the States faster than you can imagine. Blacks get much more than their share of intellectual contribution in the USA. They get affirmative action in college when they simply cannot cope with learning process. Millions are spent on them. Countless millions are spent on education of blacks in schools in black districts. The end result is a profound failure in all areas except one: stealing. The black administrators and frequently, teachers steal money from the districts through embezzlement and sloppy accounting. Another school district in Philadelphia just was overtaken by the state–another profound failure of black minds. The black business is most likely be a small shop in a residential area in someone’s home basement. Racks are filled with clothes. "Where did all this clothes come from?" you may ask. From the nearest Sears or J.C. Penny. Each "shop" has a cadre of thieves who shoplift for a living, or rather living in drugs. They steal merchandize and the "shop" owner sells it. This pernicious myth of racial discrimination is a direct insult to the attitude most whites have toward blacks. If there is a capable black, any place will be happy to have them starting from public colleges and ending large corporations. But in fact they can survive only in public sector and government where jobs are inscrutable and where they serve as a dead weight blocking normal movement of documentation. – f
Response:
I just bet they do too. — Cheers, Craig
– Hide quoted text — Show quoted text – It makes a difference to cops, when they are beating heads. At the police academy, I bet they go over the different skull thickness of different ethnic groups, telling the recruits that you have to whack a black guy twice as hard and twice as many times as a oriental, for example. Mike Actually Jane, the "cheers" at the top was my mistake. I forgot to clip my sig. If you read down, you’ll see that I was being ironic. — Cheers, Craig Hoo boy. This discussion bears a striking resemblance to the rantings of a university professor at our University Of Western Ontario. About twelve years ago, this man made headlines all over Canada and likely the US as well, by stating that, from years and years of research, Orientals are smarter than whites and both Orientals and whites are more intelligent than Blacks. He caused a great deal of pain and anger, and countered with saying the reason for those differences in races’ IQs was because Blacks have smaller brains due to the fact that their skulls were thicker than whites and Orientals’s. i happen to know that yes, Blacks’ sculls *are* thicker, but i hardly believe that it makes that much difference, except in the boxing ring. That doesn’t explain why Orientals are smarter than whites. White sculls are the same thickness as Orientals’. Anyway, your comments and cheers just took me back to that idiot and how he’s set the clock backwards to the sixties’ way of thinking. i don’t think there’s much to cheer about, guys. sincerely, jane — Cheers, Craig In article You are hurting your own people, it ain’t genetics or skin color that is the problem, its culture. Start there. You are wrong here. It is GENETICS, not culture that makes blacks commit more crimes. Blacks on average have IQ = 80, versus 100 for whites. This means that more than 50% blacks have either borderline intelligence or mentally retarded. On the strength of these figures, I’m assuming you to be Black? And one of the majority. [Rampant offensive garbage clipped] — Cheers, Craig
Response:
– Cheers, Craig
You are hurting your own people, it ain’t genetics or skin color that is the problem, its culture. Start there. You are wrong here. It is GENETICS, not culture that makes blacks commit more crimes. Blacks on average have IQ = 80, versus 100 for whites. This means that more than 50% blacks have either borderline intelligence or mentally retarded.
On the strength of these figures, I’m assuming you to be Black? And one of the majority. [Rampant offensive garbage clipped] — Cheers, Craig – Hide quoted text — Show quoted text –
Response:
Hoo boy. This discussion bears a striking resemblance to the rantings of a university professor at our University Of Western Ontario. About twelve years ago, this man made headlines all over Canada and likely the US as well, by stating that, from years and years of research, Orientals are smarter than whites and both Orientals and whites are more intelligent than Blacks. He caused a great deal of pain and anger, and countered with saying the reason for those differences in races’ IQs was because Blacks have smaller brains due to the fact that their skulls were thicker than whites and Orientals’s. i happen to know that yes, Blacks’ sculls *are* thicker, but i hardly believe that it makes that much difference, except in the boxing ring. That doesn’t explain why Orientals are smarter than whites. White sculls are the same thickness as Orientals’. Anyway, your comments and cheers just took me back to that idiot and how he’s set the clock backwards to the sixties’ way of thinking. i don’t think there’s much to cheer about, guys. sincerely, jane – Hide quoted text — Show quoted text – — Cheers, Craig You are hurting your own people, it ain’t genetics or skin color that is the problem, its culture. Start there. You are wrong here. It is GENETICS, not culture that makes blacks commit more crimes. Blacks on average have IQ = 80, versus 100 for whites. This means that more than 50% blacks have either borderline intelligence or mentally retarded. On the strength of these figures, I’m assuming you to be Black? And one of the majority. [Rampant offensive garbage clipped] — Cheers, Craig
Response:
Actually Jane, the "cheers" at the top was my mistake. I forgot to clip my sig. If you read down, you’ll see that I was being ironic. — Cheers, Craig
– Hide quoted text — Show quoted text – Hoo boy. This discussion bears a striking resemblance to the rantings of a university professor at our University Of Western Ontario. About twelve years ago, this man made headlines all over Canada and likely the US as well, by stating that, from years and years of research, Orientals are smarter than whites and both Orientals and whites are more intelligent than Blacks. He caused a great deal of pain and anger, and countered with saying the reason for those differences in races’ IQs was because Blacks have smaller brains due to the fact that their skulls were thicker than whites and Orientals’s. i happen to know that yes, Blacks’ sculls *are* thicker, but i hardly believe that it makes that much difference, except in the boxing ring. That doesn’t explain why Orientals are smarter than whites. White sculls are the same thickness as Orientals’. Anyway, your comments and cheers just took me back to that idiot and how he’s set the clock backwards to the sixties’ way of thinking. i don’t think there’s much to cheer about, guys. sincerely, jane — Cheers, Craig You are hurting your own people, it ain’t genetics or skin color that is the problem, its culture. Start there. You are wrong here. It is GENETICS, not culture that makes blacks commit more crimes. Blacks on average have IQ = 80, versus 100 for whites. This means that more than 50% blacks have either borderline intelligence or mentally retarded. On the strength of these figures, I’m assuming you to be Black? And one of the majority. [Rampant offensive garbage clipped] — Cheers, Craig
Response:
It makes a difference to cops, when they are beating heads. At the police academy, I bet they go over the different skull thickness of different ethnic groups, telling the recruits that you have to whack a black guy twice as hard and twice as many times as a oriental, for example. Mike
– Hide quoted text — Show quoted text – Actually Jane, the "cheers" at the top was my mistake. I forgot to clip my sig. If you read down, you’ll see that I was being ironic. — Cheers, Craig Hoo boy. This discussion bears a striking resemblance to the rantings of a university professor at our University Of Western Ontario. About twelve years ago, this man made headlines all over Canada and likely the US as well, by stating that, from years and years of research, Orientals are smarter than whites and both Orientals and whites are more intelligent than Blacks. He caused a great deal of pain and anger, and countered with saying the reason for those differences in races’ IQs was because Blacks have smaller brains due to the fact that their skulls were thicker than whites and Orientals’s. i happen to know that yes, Blacks’ sculls *are* thicker, but i hardly believe that it makes that much difference, except in the boxing ring. That doesn’t explain why Orientals are smarter than whites. White sculls are the same thickness as Orientals’. Anyway, your comments and cheers just took me back to that idiot and how he’s set the clock backwards to the sixties’ way of thinking. i don’t think there’s much to cheer about, guys. sincerely, jane — Cheers, Craig In article
– Hide quoted text — Show quoted text – You are hurting your own people, it ain’t genetics or skin color that is the problem, its culture. Start there. You are wrong here. It is GENETICS, not culture that makes blacks commit more crimes. Blacks on average have IQ = 80, versus 100 for whites. This means that more than 50% blacks have either borderline intelligence or mentally retarded. On the strength of these figures, I’m assuming you to be Black? And one of the majority. [Rampant offensive garbage clipped] — Cheers, Craig
Response:
I find it ironic that even in today’s IT age with all those Discovery and TLC channels on TV, white people still go around deluding themselves into believing that their higher IQ scores are genetics based. Not withstanding all the evidence showing the large role that an intellectually stimulating environment plays on IQ. Based on the status quo in America, which dictates that the white man gets the job first, how can blacks compete with whites in providing a better intellectual environment for their kids. The whites are better able to afford educational toy; they are twenty times more likely to place their kids in a wealthy school district with the necessities for nurturing a high IQ; their kids do not live in a country where their self esteem is under constant attack. Yes, white people generally have higher IQs, because their brains are more likely to be wired for this. But modern science has shown that this wiring of the brain has more to do with exposure in the first five years of life than anything else. The only things that white has over blacks is the privilege to live in a country where the are the favored ones. As usual, the white people talking all this bull about whites genetics based higher IQ are just too dumb to interpret the data. Just like those two idiots back then who couldn’t interpret the bell curve. Quote me a reputable modern scientist who has any evidence supporting whites genetics based higher IQ scores. – Hide quoted text — Show quoted text – Hoo boy. This discussion bears a striking resemblance to the rantings of a university professor at our University Of Western Ontario. About twelve years ago, this man made headlines all over Canada and likely the US as well, by stating that, from years and years of research, Orientals are smarter than whites and both Orientals and whites are more intelligent than Blacks. He caused a great deal of pain and anger, and countered with saying the reason for those differences in races’ IQs was because Blacks have smaller brains due to the fact that their skulls were thicker than whites and Orientals’s. i happen to know that yes, Blacks’ sculls *are* thicker, but i hardly believe that it makes that much difference, except in the boxing ring. The blacks brains might be thicker but I doubt that it explain why they score lower on IQ tests or why many of them need affirmative action to get through college. The fact remains that they do. Getting it "explained" is a diversion in this case. It is an attempt to trivialize and ridicule a serious issue which needs serious consideration. The fact that they have ON AVERAGE lower IQs is an irrefutable fact. The correlation between the brain mass and "intelligence" is a murky issue. Some people prefer to talk not about an absolute size of the brain but relative to the body mass. It does not impress me. Brain is brain. There might be a small but good brain sitting on a huge body that work quite well. The issue cannot be completely dismissed, however. In animal kingdom, elephants, seals and whales have huge brains. none of those animals are "smarter" than some birds, especially some parrots and ravens. The latter brains are also wired very differently than mammalian brains. Again, the issue brain size/intelligence is a very complex one and should not be taken very seriously, even in human intelligence. Johann Carl Friedrich Gauss, a famous German mathematician who is considered by many the greatest mathematician who ever lived had reportedly, a very small brain. <hearsay, though – f That doesn’t explain why Orientals are smarter than whites. White sculls are the same thickness as Orientals’. And how do you know? Prove it. Why do you all make unsubstantiated statements without a slight apprehension of being wrong? Personally I don’t know, otherwise I would have thrown my weight around. But as far as I am concerned, their sculls might be thinner, indeed, thicker or equal to white’s. Anyway, your comments and cheers just took me back to that idiot It is a big question who the idiot is. – f
Response:
It makes a difference to cops, when they are beating heads. At the police academy, I bet they go over the different skull thickness of different ethnic groups, telling the recruits that you have to whack a black guy twice as hard and twice as many times as a oriental, for example. Orientals don’t commit violent crimes, FYI.
So Pol Pot was innocent?
Response:
It makes a difference to cops, when they are beating heads. At the police academy, I bet they go over the different skull thickness of different ethnic groups, telling the recruits that you have to whack a black guy twice as hard and twice as many times as a oriental, for example.
Orientals don’t commit violent crimes, FYI. They are mostly averse to alcohol, seldom drink, especially Chinese. They never become a public nuisance. They don’t debauch, don’t get under your skin. They have a smooth sailing through the same circumstances which could bring a white or black guy to prison. The difference between an oriental and the rest of the world is in his genes, to make sure. I remember with fondness my trip to Hong-Kong a few years ago. You can go out of your hotel any time day or night, wander around mind boggling maze of their downtown, you can have your wife at your side and you will feel absolutely safe. – f
Response:
Hoo boy. This discussion bears a striking resemblance to the rantings of a university professor at our University Of Western Ontario. About twelve years ago, this man made headlines all over Canada and likely the US as well, by stating that, from years and years of research, Orientals are smarter than whites and both Orientals and whites are more intelligent than Blacks. He caused a great deal of pain and anger, and countered with saying the reason for those differences in races’ IQs was because Blacks have smaller brains due to the fact that their skulls were thicker than whites and Orientals’s. i happen to know that yes, Blacks’ sculls *are* thicker, but i hardly believe that it makes that much difference, except in the boxing ring.
The blacks brains might be thicker but I doubt that it explain why they score lower on IQ tests or why many of them need affirmative action to get through college. The fact remains that they do. Getting it "explained" is a diversion in this case. It is an attempt to trivialize and ridicule a serious issue which needs serious consideration. The fact that they have ON AVERAGE lower IQs is an irrefutable fact. The correlation between the brain mass and "intelligence" is a murky issue. Some people prefer to talk not about an absolute size of the brain but relative to the body mass. It does not impress me. Brain is brain. There might be a small but good brain sitting on a huge body that work quite well. The issue cannot be completely dismissed, however. In animal kingdom, elephants, seals and whales have huge brains. none of those animals are "smarter" than some birds, especially some parrots and ravens. The latter brains are also wired very differently than mammalian brains. Again, the issue brain size/intelligence is a very complex one and should not be taken very seriously, even in human intelligence. Johann Carl Friedrich Gauss, a famous German mathematician who is considered by many the greatest mathematician who ever lived had reportedly, a very small brain. <hearsay, though – f That doesn’t explain why Orientals are smarter than whites. White sculls are the same thickness as Orientals’.
And how do you know? Prove it. Why do you all make unsubstantiated statements without a slight apprehension of being wrong? Personally I don’t know, otherwise I would have thrown my weight around. But as far as I am concerned, their sculls might be thinner, indeed, thicker or equal to white’s. Anyway, your comments and cheers just took me back to that idiot
It is a big question who the idiot is. – f
Response:
Are white kids more violent?
Related Posts
Accounting Talk » Accounting Software » Sage Line 50 vs BusinessWorks
Sage Line 50 vs BusinessWorks
Question:
Can anyone tell me anything about these two accounting software? Which one is better? Lawrence
Response:
Can anyone tell me anything about these two accounting software? Which one is better?
Hi Lawrence: Ask the sellers. They are from different divisions of the same company. Mike Block, Tax Fighting C.P.A. World’s #1 QuickBooks Top Tester QB add-ons/seminars http://www.blocktax.com Ft Lauderdale FL 954-566-7540
Response:
Related Posts
Accounting Talk » Financial Accounting » DSL impact on accounting practices
DSL impact on accounting practices
Question:
I don’t see Intuit as tomorrow’s software company at all. I see their products rather as the climax generation of 16-bit, standalone, non-interoperable software.
If Intuit continues with the direction of their current products, you are probably right. They had better reevaluate their long-term strategy, and many of the points made in this thread would send them down (IMO) the right road. If they don’t open up their data format for the near future, and create a high-end QuickBooksSQL that can use standard DBs like Oracle, MS-SQL, etc., they’re going to be leap-frogged. And I think you know who’ll be the one… … I often wonder why you don’t see Microsoft selling G/L software. They’re smart enough to know the market needs, and deserves, more functionality. Perhaps Microsoft is still trying to figure out how to do accounting software right.
I bet that Microsoft will come out with something in the next couple of years that does just that. An SQL DB pre-configured with the necessary fields and tables, an accounting front-end that delivers accountant features, a bookkeeping front-end for the company, and — since the DB is an open format — the ability for developers to write custom data-collection front-ends to dump all the daily sales transactions into it. Getting sick of arbitrary differences on these basic things, after 50 years of computing the differences are just proprietary B.S.
Boy, you got that right! And importing/exporting data needs to become a thing of the past. Just log on to the database, wherever it resides, with the appropriate client front-end, and do what you need. If I never saw another disk with an "accountant’s copy," or mapped a real DB to an *.IIF format file, I’d be a bit happier. — Jeff Hamblin www.qtools.com
Response:
*You have to market yourself and convince somebody that you are generating value.
And, to do that, you actually have to believe you are doing that. Many times accountants simply don’t even think about generating value for their clients, which means they really can’t come up with a reason why a client should use them. This is why I must part ways with the QB and PT ledgers. They’re not nearly flexible enough. They need at least 2 or 3 user definable attributes on each row of each transaction. What they’ve done instead is cheat. They have glued together a payroll system that’s marked by Emp, and a Sales journal that;s marked by Customer, and a Purchase journal that’s marked by Vendor.
I agree that additional flexibility would be nice, but the hitch is that you have to deal with a couple of facts. First, the "great unwashed" who have no formal training are enticed very quickly by the "simple" front end. User definable attributes are great, but they generally require a thinking process in seeing how to use them and what to do with them that’s difficult for the novice to handle. I would agree that if someone can bridge that issue, they are going to have a big winner–but I suspect it will take quite awhile before someone hits on how to do it. Second, many of those with the training seem to resist change at all costs. They just aren’t likely to "lead the charge" for any radical new systems–as many of those that have developed such systems have found. There are a number of forward thinking G/Ls out there, but they all lack the highly polished QB interface for the nonprofessional. And they’re not "standard", they lack market shares. Clients don’t trust them or the practitioner. They’re scared to death of being tied to a sole-source CPA. And they’re right.
Of course, though, that creates a classic chicken/egg situation–no one wants to use a product that has little market share, but no product can get market share until people start to use it. I don’t see Intuit as tomorrow’s software company at all. I see their products rather as the climax generation of 16-bit, standalone, non-interoperable software.
Maybe–but they’ve been in that position for quite a while and nobody has knocked them off yet. I suspect that as long as they continue to make progress and avoid major gaffes, they are going to control the low end accounting market. In my view, these mass-market ledgers are really inhibiting progress.
Actually, part of the problem will be the users. You have to *educate* them about why they need your software. Most of them understand a checkbook and maybe can deal with invoicing. However, advanced customizable reporting systems are beyond their capabilities and they don’t understand *why* they’d want it. They want QuickBooks now because it does what they’ve always done. One important issue to remember, though, is that many successful businesses are managed using data *other* than that which appears in the accounting system. The importance of determining just what is the "key information" is crucial in running a business, and you may find that much of that information is not to be found inside the traditional ledgers. I often wonder why you don’t see Microsoft selling G/L software. They’re smart enough to know the market needs, and deserves, more functionality. Perhaps Microsoft is still trying to figure out how to do accounting software right.
Microsoft has tried a couple of times, with the short lived Microsoft Profit (it was sold back to Great Plains as I recall) and, on the very low end, with the less than overwhelmingly successful Microsoft Money. Ed Zollars, CPA (AZ) http://www.getnet.com/~hmtzcpas
Response:
Hi Myron, thanks for your post. QuickBooks users are a major source of revenue for our firm. We provide setup, fixup, telephone support, and completion
You see? Quickbooks quite often results in such a hairball of mixed up information that it consumes a lot of professional time to sort out. Hence the larger fees. Far better if you could give them just a few screens, that look a lot like their business and are as convenient to use as QB. And fine, for users who are ready, give them more. Give them the bank reconcilation. Give them the General Journal. But don’t give them a ledger with the powers to revise transactions that have already been reviewed, change net income of prior periods, enter misdated transactions, without knowing who or why it was done. And then charge them $70/hour fixing it up. Give them a ledger that remembers what’s been reviewed and has built-in powers to show you what’s been done since last time. And user ID’s to see, who posted what. Give them something where a month STAYS closed when you close it. Something that you can get in front of you without driving over there and zipping onto a floppy. Something they can keep using while you’re reviewing it.
Response:
As I write this I am asking myself, why am I encouraging accountants of wake up to the opportunity technology offers. I am better off if we are the only firm who is trying to take advantage of this opportunity.
Don’t worry–enough will ignore the opportunity to leave more than enough room for those that can go after the opportunities rather than only seeing the problems. As I noted in another post, accountants generally seem to be programmed to see any change as a terrible thing, rather than noticing that changes always breed opportunities for those that can grab hold of them. Ed Zollars, CPA (AZ) http://www.getnet.com/~hmtzcpas
Response:
The change in the accounting business over the next few years will be radical. [...] 1) As an accountant, there is little work to do that can’t be done better, faster, more accurately, and for less money by a computer. This includes almost everything the CPA does. The biggest problem I have in my office is convincing other CPAs of this fact. Their involvement in their work is nearly superflous. 2) Intuit’s obvious problems aside, they are quickly becoming to the software industry what Microsoft has become to the OS & Office Suite business. And they have a lot of cash to buy up the competition with. In addition, you’ll see QB move toward replacing some of the high end products…..
Right on! Are you ready for this: the completely virtual CPA firm, whose members have never seen each other in person? Where it’s at is on the server anyways. Unless you have approx $250,000 plus $100,000/year for maintenance, the CPA firm isn’t going to have their own secure host with big bandwidth, onsite engineer for 24×7 uptime anyway. I envision a future where big, fully featured transaction servers will be hosted by well-capitalized web site operators and CPA’s will finally be relieved of what we’ve been doing so poorly these last 20 years, implementing software. Instead, most rank-and-file CPAs will be back where we belong, training and educating and enabling managers and administrators throughout this great and diverse economy. The Big 6 having abused and mistreated their IT staffs for a generation will have a tough time implementing any of this. They won’t be competitive with pure engineering-oriented web site operators, on price/performance. They’ll just be customers of the infrastructre industry, much like local CPAs. What city are you in, DRay?
Response:
Today small firms have access to a lot more options to leverage their advantages while helping to make up for their "aloneness". Usenet is, in fact, one such tool that can be used by the smaller firm to gain access to the expertise of others that used to be one of the major unique advantages of practicing in a large firm. I can today call on resources from across the country today that dwarf those available to many in "larger" firms.
We can see this because in the professions, we have inherited a pearl of great value: the notion of operating independently. Because of pure good fortune, automation helps one industry more than another. Because we’re culturally ready to operate as fully autonomous practitioners, the internet and the web are very useful to us. For those other guys, in manufacturing or education lets say, the web is fairly useless. They don’t need to take credit cards online. They have no use for an LLC or for accounting databases capable of allocating revenue or expenses according to their time and billings. To graduate from the medieval employee-employer model of human behavior requires a level of maturity most workers haven’t achieved. You have to be firing on all 8 cylinders. *You have to consistently generate value every day. *You have to market yourself and convince somebody that you are generating value. *You have to do it economically, without wasting or consuming a lot of resources. *You have to keep track of all this stuff in your ledger, *You have to settle your payables and actually collect your receivables…. and so forth. As ranks of workers in various industries mature into real professionals, they’ll appreciate multidimensional accounting systems capable of reflecting or modelling their economic reality, and doing it efficiently, freeing them to do what they’re good at. When you can mark every dollar and cent as to the Cust, Emp, Dept, and Vendor, Job. Not just the Sales Journal dollars, or the Purchases dollars. This is why I must part ways with the QB and PT ledgers. They’re not nearly flexible enough. They need at least 2 or 3 user definable attributes on each row of each transaction. What they’ve done instead is cheat. They have glued together a payroll system that’s marked by Emp, and a Sales journal that;s marked by Customer, and a Purchase journal that’s marked by Vendor. There are a number of forward thinking G/Ls out there, but they all lack the highly polished QB interface for the nonprofessional. And they’re not "standard", they lack market shares. Clients don’t trust them or the practitioner. They’re scared to death of being tied to a sole-source CPA. And they’re right. I don’t see Intuit as tomorrow’s software company at all. I see their products rather as the climax generation of 16-bit, standalone, non-interoperable software. It does not amaze me, or impress me, how well these ledgers work since they leave the challenge of data sharing completely unaddressed, and also avoid most of the challenge of modelling vertical industries. They’re just money-tracking software. They are a prick tease. In my view, these mass-market ledgers are really inhibiting progress. … I often wonder why you don’t see Microsoft selling G/L software. They’re smart enough to know the market needs, and deserves, more functionality. Perhaps Microsoft is still trying to figure out how to do accounting software right. Maybe they’ll realize the mathematical symmetry behind all of accounting, and deliver a least-common denominator software design that is capable of growing and adapting to the market. I wish MS would package something with Small Bus. Server, that would at least give us standard field names and data types for the Customer table, and the Transaction table. Getting sick of arbitrary differences on these basic things, after 50 years of computing the differences are just proprietary B.S. * Todd F. Boyle CPA www.isomedia.com/homes/tboyle * 9745-128th Av NE, Kirkland WA 98033 (425) 827-3107 * Fax (425) 576-0616
Response:
1) As an accountant, there is little work to do that can’t be done better, faster, more accurately, and for less money by a computer. This includes almost everything the CPA does. The biggest problem I have in my office is convincing other CPAs of this fact. Their involvement in their work is nearly superflous.
I agree there’s a problem getting CPAs to see technology as being useful. However, I don’t think technology removes the CPA from mix so much as it changes what he/she does for the client. We still serve many of the same clients we did 15 years ago, and we still end up billing them amounts that are about the same (adjusted for inflation) as we did before. However, what we are doing is quite a bit different and how we go about it also has changed. What technology has done is allowed us to move the "drudgery" to the clients, while reducing the time that even the client spends on the work (everyone wins). Fifteen years ago we did a lot of write up work, starting from check stubs, client paper one write systems, etc. Today we generally start with those same clients from at least a set of books with all cash activity recorded, and we are merely adjusting and then helping the client use those figures and, more importantly, *INTERPRET* them. CPAs that have failed to make use of the technology tools available to them have seen their revenues drop and find themselves under incredible pressure to accept lower realized billing rates. However, those that have made use of technology have seen just the opposite. Last week they called back, amazed at some of the stuff they could do with it. QB is not perfect for a lot of reasons, but Intuit has the ability to fix it.
To quote from a speaker at the AICPA’s Practitioners Conference held back in May in Las Vegas–"if you are still fighting QuickBooks, the battle is already over and you’ve lost." That said, though, there are still lots of uses for CPAs in that situation. Your own example of being able to see that the client *could* make use of the product and it was the most cost effective means to solve their problem was worth something to them. More importantly, it helped establish your credibility with the client (note I didn’t say your firms–I said yours <grin). 3) After end users can do their own bookkeeping and transfer their data automatically to their entity returns, 90% of what they use accountants for is gone.
You know, that has been technically possible for years, but clients generally *DON’T* want to do that and, more importantly, they find they really can’t. I can still spot problems on returns that the client would never see (but the IRS would <grin). More importantly, though, I try to assure that clients see me not as the person that prepares their 1120, 1120S, 1040, etc, but rather as someone that helps outline their tax and business strategy. In the tax arena, our value comes *before* year end, not when preparing the year end tax return. As a practical matter, I wouldn’t mind losing that <grin but I don’t see it happening any time soon. A similar situation arises from financial statements–we can talk about what information can be gathered from the statements and how to get the business going the direction the owner wants it to go in. One real problem I see, though, is that CPAs tend to believe a client won’t pay for that type of work, but is, for some totally unexplained reason, perfectly happy to pay for 1040’s and compiled/reviewed financial statements that are simply dumped on their doorstep. I happen to believe it’s just the opposite–they hate paying for 1040’s and financial statements (usually some other entity, like the bank or the IRS, is forcing them to have those done), but are very interested in someone helping them make or save money. The rest is computer work. While audits will continue, mostly larger firms will be doing them I’d think (audit work comprises only about 50K of our annual fees, and I’m not so sure it is even worth it given the peer review and all that crap we have to go through).
Larger firms have seen compliance work go flat for years, so they aren’t going to be rushing into this void <grin. Seriously, audits have never been a major source of revenue to our firm, even back 15 years ago. They are much less so today, but that’s mostly by design–we’ve not been searching out audit work. In short, I think the traditional role of the CPA is near death. All we need is some really good tax reform giving us a NST in lieu of an income tax, and the CPA business is gone.
I don’t know–I do pretty well billing for sales tax exams <grin and likely will do a lot better when the rates are set at the levels necessary for a national sales tax to replace the current income tax. The transition rules will also give us years of work, so that anyone over the age of 30 likely wouldn’t have a problem <grin. The CPA firm has been changing over the past 20 years and will continue to do so. There is this perspective that accountants tend to have that all change is bad–that’s not true, and certainly not true if you have an ability to adapt. This adaptability is what helps the smaller firm (especially the sole propreitor) vs. the larger competitor. Largeness helps when you get to a standardized process that can be done repetitively, but technological change is making that standardization virtually impossible–by the time a standard system is in place, it’s outdated <grin. Today small firms have access to a lot more options to leverage their advantages while helping to make up for their "aloneness". Usenet is, in fact, one such tool that can be used by the smaller firm to gain access to the expertise of others that used to be one of the major unique advantages of practicing in a large firm. I can today call on resources from across the country today that dwarf those available to many in "larger" firms. And I mentioned above about your credibility vs. the firm’s. The fact is that most clients of any financial professional tend to see themselves not as being served by KPMG Peat Marwick, Merrill Lynch, American Express, Bank of America, etc., but rather being served by John and trusting his judgement. When John goes from large entity A to large entity B, a good portion of the clients move with him (thus the need for noncompete agreements and clauses <grin). If you serve small clients, I happen to believe your credibility is enhanced by actually being an owner of a small business or working inside one rather than simply having "studied" them. I can talk with a client about other, nonaccounting issues we both face running a business, while those in larger entities just turn those problems over to the "proper department". Anyway, that’s my perspective of change in the accounting business….
You now have my take as well <grin. I think we actually agree that CPAs that try and dig in their heels and want to practice in exactly the same manner for many years are going to be in trouble. But there is a real opportunity for those that see it. Ed Zollars, CPA (AZ) http://www.getnet.com/~hmtzcpas
Response:
I agree with the other post to this subject that technology is dramatically changing the way accountant deliver their services. But I view this change as an opportunity, not as a threat. From what I have seen it looks to me like a large percent of accountants are spending most of their time worrying about the negative effects of technology and little of no time working on taking advantage of the opportunity that it offers. As an example QuickBooks users are a major source of revenue for our firm. We provide setup, fixup, telephone support, and completion of the functions that the client is not interested in doing. We have lost the clerical data import activity, but the additional revenue from the computer consulting is significally more and our billing realization rates are much higher. A significant portion of our new business is coming from clients whose current accountant will not provide this type of support. As I write this I am asking myself, why am I encouraging accountants of wake up to the opportunity technology offers. I am better off if we are the only firm who is trying to take advantage of this opportunity. Myron Joy CPA Joy & Associates P.C. Phoenix Az Accountants and Information Technology Consultants Developers of ClientLink E-WriteUp Software
Response:
DSL impact on accounting practices ADSL connections are becoming available in wide areas around Seattle now, both from US West and GTE. It is apparent that this is happening in wide areas of the US, and Canada and Europe as well. In Seattle, I now pay $20 to my ISP plus $85 to GTE for a 64K ISDN connection to the internet. Total $105/month. The price for DSL, including a permanent connection to the internet (and permanent IP Address!) will be $40/month + $12 monthly rent for the terminal adapter, plus $25 from my ISP, total $77 per month for a 256K connection. Obviously many small businesses will install DSL and will be immediately possible for them to log into a powerful featured accounting system like Great Plains, just with off-the-shelf networking. Astonishing. Does Great Plains or other high-end software allow you to establish departments or subsidiary companies for your clients? This is too big to ignore, this kind of development is going to rip the hell out of our long-established paradigms. CPAs need to re-examine the facts of life and reorient the way we do business. Software vendors need to realize that the old licensing deals are leaving them TOO EXPENSIVE. The existing client-server vendors are vulnerable to newer, smaller vendors based on MS Small Business Server, for example. Solomon, Great Plains, SOTA, etc are all going to be very quickly left behind just as IBM was left behind for their pricing errors, as soon as a reasonably functional competitor emerges with lower pricing. DSL will be used for long distance. When you have a permanent IP address you can be reached instantly by MS Net Meeting from anyplace in the world, for free. Including video, remote control, whiteboard or any other shared applications. Wake up and smmellll the coffee, boys. DSL has arrived. * Todd F. Boyle CPA www.isomedia.com/homes/tboyle * 9745-128th Av NE, Kirkland WA 98033 (425) 827-3107 * Fax (425) 576-0616
Response:
This is too big to ignore, this kind of development is going to rip the hell out of our long-established paradigms. CPAs need to re-examine the facts of life and reorient the way we do business. Wake up and smmellll the coffee, boys. DSL has arrived.
Todd, The change in the accounting business over the next few years will be radical. Accountants graduating without some real computer skills may begin to find themselves unemployable. 1) As an accountant, there is little work to do that can’t be done better, faster, more accurately, and for less money by a computer. This includes almost everything the CPA does. The biggest problem I have in my office is convincing other CPAs of this fact. Their involvement in their work is nearly superflous. 2) Intuit’s obvious problems aside, they are quickly becoming to the software industry what Microsoft has become to the OS & Office Suite business. And they have a lot of cash to buy up the competition with. In addition, you’ll see QB move toward replacing some of the high end products, IF Intuit gets is support act together. A couple of months ago I had a client ridicule me about my work with QB — (they felt they needed a high end system, I had told them they were much too small for it; they referred to QB as a "toy" system). Last week they called back, amazed at some of the stuff they could do with it. QB is not perfect for a lot of reasons, but Intuit has the ability to fix it. 3) After end users can do their own bookkeeping and transfer their data automatically to their entity returns, 90% of what they use accountants for is gone. The rest is computer work. While audits will continue, mostly larger firms will be doing them I’d think (audit work comprises only about 50K of our annual fees, and I’m not so sure it is even worth it given the peer review and all that crap we have to go through). In short, I think the traditional role of the CPA is near death. All we need is some really good tax reform giving us a NST in lieu of an income tax, and the CPA business is gone. Anyway, that’s my perspective of change in the accounting business…. David
Response:
Related Posts
Accounting Talk » Business Accounting » LOANS TO PARTNERSHIP
LOANS TO PARTNERSHIP
Question:
I am an 80% holder in an 80/20 partnership and have made loans to the partnership via credit cards held in my name. Could someone explain to me how this should be accounted for from an income pespective? Specifically, the interest though it is charged to me, should be a business expense should it not? The way it is set up now, I am writing checks to myself and then paying the credit card bills from my personal account. This means I’m liable for personal income taxes on all amounts. Also, the debt is not charged to the partnership, so the minority partner doesn’t share his part of the liability. I know this isn’t right. My accountant (which was just retained last year) reclassed one card that I had specifically registered to the business, as a personal obligation (because my name was guaranteeing it) and reclassed all payments to that card as guaranteed payments to me, yet all expenses on the card were business related. If I were to reclass all of these credit card accounts to the business, it would result in a net loss for this year, and my partner would end up claiming 20% of that loss. This isn’t right either. Does anyone have a solution that will give me the proper credit for financing this cash business without falsly taxing me? Also, how does one "shop" for an accountant.
Response:
– Hide quoted text — Show quoted text -I am an 80% holder in an 80/20 partnership and have made loans to the partnership via credit cards held in my name. Could someone explain to me how this should be accounted for from an income pespective? Specifically, the interest though it is charged to me, should be a business expense should it not? The way it is set up now, I am writing checks to myself and then paying the credit card bills from my personal account. This means I’m liable for personal income taxes on all amounts. Also, the debt is not charged to the partnership, so the minority partner doesn’t share his part of the liability. I know this isn’t right. My accountant (which was just retained last year) reclassed one card that I had specifically registered to the business, as a personal obligation (because my name was guaranteeing it) and reclassed all payments to that card as guaranteed payments to me, yet all expenses on the card were business related. If I were to reclass all of these credit card accounts to the business, it would result in a net loss for this year, and my partner would end up claiming 20% of that loss. This isn’t right either. Does anyone have a solution that will give me the proper credit for financing this cash business without falsly taxing me?
Without more facts I am hesitant to make any recomendation, however I will say that it *appears* that something is not being accounted for correctly. You need local professional help. Also, how does one "shop" for an accountant.
I would suggest you ask your attorney, banker, insurance agent, business friends, etc for referrals. Then meet with a few and chose the one you feel most comfortable with. Do NOT price shop or you will almost always get what you pay for. However just because the person is the most expensive does NOT mean they are the best. Drew Edmundson, CPA (NC) to reply remove NOSPAM
Response:
It is a hassle. What I have done is set up term loans from the LLC to me personally at a fixed interest rate. The LLC gets a fixed payment schedule, the interest is deductible to the business and there is less accounting involved. However, I have been careful not to set up the loans with anywhere near a credit card interest rate. Chances are I will pay down my personal credit cards faster than the LLC will pay off the term note. Declare the interest income as interest income on your personal return and take the 80% interest expense through the business. The best way is to have a credit card issued under the name of the business and use that for all business related charges. However, my personal credit cards have a much higher credit limit than my business credit card, so for those large purchases it ends up on the personal card. Word of mouth is the best way to shop for an accountant. Ask other business people in the community who they use and if they are happy with the service. — Eric Schueler South Beach Business Services, LLC P.O. Box 425 Grayland, WA 98547 Remove the dash (-) when replying to this E-mail address – Hide quoted text — Show quoted text -I am an 80% holder in an 80/20 partnership and have made loans to the partnership via credit cards held in my name. Could someone explain to me how this should be accounted for from an income pespective? Specifically, the interest though it is charged to me, should be a business expense should it not? The way it is set up now, I am writing checks to myself and then paying the credit card bills from my personal account. This means I’m liable for personal income taxes on all amounts. Also, the debt is not charged to the partnership, so the minority partner doesn’t share his part of the liability. I know this isn’t right. My accountant (which was just retained last year) reclassed one card that I had specifically registered to the business, as a personal obligation (because my name was guaranteeing it) and reclassed all payments to that card as guaranteed payments to me, yet all expenses on the card were business related. If I were to reclass all of these credit card accounts to the business, it would result in a net loss for this year, and my partner would end up claiming 20% of that loss. This isn’t right either. Does anyone have a solution that will give me the proper credit for financing this cash business without falsly taxing me? Also, how does one "shop" for an accountant.
Response:
The easiest solution to me would be for you to present your credit card bill to the partnership on a monthly basis for reimbursement. The partnership would issue a check to you (no 1099 though) and you would pay the bill. As long as you can justify the business nature of the reimbursed expenses you should have no problem with the IRS should your partnership ever come under audit. You mention interest expense, this would be treated as above but make sure you’re only reimbursed for the portion of interest related to the business expenses. As far as sharing a loss with your partner, that’s decided in the partnership agreement. You can have different sharing of losses and gains as long as it is set up in the partnership agreement. How to shop for an accountant? Recommendations from friends, other business people. Look for someone with an understanding of your business (I.e. retail, manufacturing, real estate…etc.) and someone who you feel comfortable with and can talk to. An accountant (CPA) can be more than a bookkeeper or tax preparer. A good CPA can help you set-up your business, introduce you to more customers, help your business productivity and cash flow. As well as personal financial planning. Good luck in your search. Greg Chilcote, CPA
Response:
Related Posts
Accounting Talk » Management Accounting » Reviewing Software
Reviewing Software
Question:
Can anyone give me pro/cons on Acuity Financials or Great Plains Dynanmics C/S of a mid level sized company. Thanks a million. Glen S. Newcomb Database Manager RDV Sports / Orlando Magic / Orlando Solar Bears (407)916-2473
Response:
Can you be more specific about what your concerns are. Dynamics C/S+ is a great product and I know that there are some other pro sports franchises using it. So it should work for you guys. Alan C. Whitehouse The Resource Group Renton, WA Great Plains Software VAR & ISV – Hide quoted text — Show quoted text – Can anyone give me pro/cons on Acuity Financials or Great Plains Dynanmics C/S of a mid level sized company. Thanks a million. Glen S. Newcomb Database Manager RDV Sports / Orlando Magic / Orlando Solar Bears (407)916-2473
Response:
Can anyone give me pro/cons on Acuity Financials or Great Plains Dynanmics C/S of a mid level sized company. Thanks a million. Glen S. Newcomb Database Manager
Our site features a survey of over 150 different accounting and business management systems. See it at http://excelco.com Accounting System Selector There are bullet charts summarizing the capabilities of the 150 products at this site as well as information on how to choose systems, how to get detailed comparisons. This site describes The Accounting Library (TAL), a tool for producing IN-DEPTH, UNBIASED comparisons of the leading systems. These comparisons cover over 1800 features, functions, and reports. Great Plains C/S+ and Acuity are compared here. Acuity has just this week revised their product info, so we are in process of revising our web site to reflect their new data. There is also a more permanent FORUM for discussion of these systems at: http://www.excelco.com/cgi-bin/HyperNews1.9.4/get/forum2.html Lower priced systems (Quickbooks, MYOB, Peachtree, etc. are discussed at http://www.excelco.com/cgi-bin/HyperNews1.9.4/get/forumlo.html — John Mosier, excelco voice: (800) 553-6911 fax: (602) 992-2026 2990 E. Northern, A-101 voice: (602) 992-8076 Phoenix, AZ 85028 http://excelco.com/ Accounting System Selector
Response:
Related Posts