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August, 2025: Mid-year check on estimated tax payments and, time to start planning for 2025 tax season.
September 15, 2025: 3rd Quarter estimated tax payment is due.
October 15, 2025: Deadline to file extended 2024 tax return.
December 31, 2025: Required minimum distributions (RMD) has to be taken for individuals age 73 (by the end of 2025) or older.
Each month this space will include something new, fun or interesting for you to enjoy, ponder and share.
This month, we explore:
Tax on Toys Resembling Humans?!?!
Well, historically, the U.S. did have a classification distinction that resulted in "dolls representing only human beings" being taxed at a higher rate than other "toys," including those representing "nonhuman creatures."
This led to some rather comical legal battles, like Marvel Comics successfully arguing in court their. . .
ISSUE 17 - MAY 2025
NEW MONEY REVOLUTION: CLARIFYING BLOCKCHAIN, BITCOIN AND CRYPTOCURRENCY
If you have ever seen, heard or read the words "blockchain," "Bitcoin," or "cryptocurrency" and hoped no one was around to engage you in conversation about the topics, you are not alone.
Not to worry.
Thanks to all your positive feedback and input on last month's newsletter overviewing AI (Artificial Intelligence) we decided to double-down on another . . .
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