Government

Uncle Sam’s Hand Is Now Extended

Yes, I hate to remind everyone that a week from tomorrow our taxes are due–the IRS is patiently waiting for our money! It seems that the beautiful spring weather of April is always shadowed by the call of the Federal Government for our hard-earned money. A truly depressing way to kick-off the season of flowers blooming, trees sprouting their leaves, and cool breezes. While I’ve always been the eternal optimist, trying so often to look at the bright side of things; I can’t come up with the bright side of writing a check to the “Internal Revenue Service.”

I recently spoke with a very good friend of mine who like myself is self-employed. Our discussion was about how many months of each year we work to pay the IRS. It was a rather disturbing conversation, since we know that the more money we make the more money we pay the IRS. In many ways it seems that the Federal Government doesn’t give anyone the incentive to work for themselves and strive to be successful. If you think about it, why in the world would you want to increase your income if it just means that you will have to write a much larger check to the IRS?

Don’t get me wrong, anyone who works for themselves will give you a list of the advantages of doing so. You’ll hear the standard replies like, “I like being my own boss”, “I like being able to set my own hours”, and “I like controlling my own destiny”. What we rarely hear are the many down-sides to owning your own business. However, during the month of April you will hear the cries of many self-employed as they mail those tax returns!

While the anxiety levels of the self-employed tend to rise this month, there are many resources to assist those looking for answers. One of the questions I often get from my clients is, “what do I do if I get audited?” My first answer is “always cooperate with the IRS”, and my second answer is “always cooperate with the IRS.” The worst thing you can do is appear evasive when confronted by an IRS Agent. Hopefully, small-business owners have a good CPA and a knowledgeable Attorney to assist them through the process should it arise.

Recently, I read a great article written by Karen Klein of Bloomberg Businessweek entitled “How to Handle a Tax Audit.” This article contained some extremely valuable information on how to deal with the IRS if you’re being audited. I would encourage you to read this–not only does it offer great advise on how to handle an audit, but there are some great tips for business owners.

Let me be clear when I say that American’s do need to pay their fair share to keep the country running. We all know that our Troops need to be paid, our mail needs to keep coming, and Congress must function. What I do not believe is that our government is running as efficiently as it could, and much of our tax dollars continue to be spent on waste, fraud, and abuse. I would imagine that many of us would feel better about writing the check to the IRS if we knew our money was being spent wisely, and that we had real budget hawks looking out for our best interests. Today, this isn’t the case and on April 18th, Uncle Sam will have his hand extended; show me the money!

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Sunday, April 10th, 2011 Government No Comments

Happy 4th of July 2010!

I am wishing all of my friends and family a very happy and safe 4th of July 2010! As we celebrate Independence Day, I can’t help but think about what this holiday means to me.

More than anything, I’m so thankful to be an American. To live in a free land where people can vote, debate, and participate in our government. America is a place where dreams are made and people have the opportunity to be anything they want to be.

What makes all of this possible though is the great men and women of our Military. The sacrifices made by these brave souls is what allows us to have our freedoms. If it were not for our United States Military we would be unable to enjoy everything our country has to offer.

I constantly pray for the troops who are fighting over-seas to keep the terrorist out of our country. The battle they are fighting has been long and extremely deadly for our soldiers. We’ve lost almost 15,000 young Americans in the War On Terror, and another 13,500 have been badly injured. It’s hard to not have such gratitude and respect for a Military that works everyday to keep Americans safe!

I’m so proud to call myself an American and know that while we’re still a young nation, we have managed to accomplish so much in a short amount of time. As we approach another election cycle this coming November we have the opportunity to once again change the balance of power. The American people know now that more than ever we need smaller government and less regulations.

It is my hope that we do what we can as a nation to once again support small-business owners and provide opportunities for entrepreneurs. The constant intervention of increased government taxation and intervention in the private sector needs to stop. While we expect our government to provide basic service and needs to our people, we must demand more freedoms with respect to the free-market.

This 4th of July, lets be proud of who we are and what we’ll be as a country in the future. Our nation is an ever-changing society always looking to achieve more for ourselves. To remain a leader in the world our passion, our innovation, and our respect for others must be steadfast.

God Bless America!

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Sunday, July 4th, 2010 Human Interest No Comments

Water Fight Of The Century, Part 3

This is my final installment (For Now) of my story on the proposed SNWA water pipeline through rural Nevada. While I was contemplating this final piece, I thought a lot about my own thoughts on the growth of Las Vegas. › Continue reading

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Wednesday, September 2nd, 2009 Nevada Comments Off on Water Fight Of The Century, Part 3

Yearly Legislative Sessions Finally Necessary

The issue of yearly legislative sessions in Nevada has been a very contentious one for years. I can honestly say that when I first heard the proposal from a former legislator 10 years ago, I was adamantly against it. › Continue reading

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Saturday, April 18th, 2009 Government Comments Off on Yearly Legislative Sessions Finally Necessary
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