Ask CPA Sam

We’ve all heard quotes from famous people about the U.S. tax system.  Here are a few more that may serve to lighten the mood on this Monday morning. “No one understands the Income Tax Law except persons who have not sufficient intelligence to understand the questions that arise under it.” New York State Senator Elihu [...]

Pardon the baseball analogy.  The season is almost over and I just couldn’t help myself. There is statistical evidence that taxpayers in high tax states are leaving those states and setting up residence elsewhere at the rate of 1100 per day.  By increasing taxes to cover shortfall, states and the federal government to an extent [...]