As you face your day, Smile Often, Think Positively, Give Thanks, Laugh Loudly, Love Others ,Dream Big, Remember, Life is like a Camera, Focus on What’s Important, Capture The Good Times, Develop From The Negative and If Things Don’t Work out, Take Another Shot. Difficult Roads Often Lead To Beautiful Destinations.
Many find that their anxiety levels will go up when they watch cable news, which causes many to avoid cable news or information that would otherwise help or hurt our society. ” The Government of the people, by the people, shall not perish from the Earth.” Abraham Lincoln.
Stay engaged in the business of OUR SOCIETY, take a break if you get overwhelmed. But equipped yourself with information so that you can make a educated decision that will impact OUR SOCIETY in a positive way. TAKE A BREAK, BUT, Don’t Quit.
here’s what you need to know to Get Up to Speed
Trump targets FBI’s Andrew McCabe in tweets
President Trump went after FBI Deputy Director Andrew McCabe in a series of tweets Saturday and Sunday, accusing him of corruption in the investigation of former Secretary of State Hillary Clinton’s private email server. Trump accused McCabe of taking “$700,000 for wife’s campaign by Clinton Puppets during [the emails] investigation.” In subsequent tweets he referenced reports of McCabe’s forthcoming retirement and quoted Fox News as saying McCabe promoted the Clinton campaign with his government email account. McCabe’s wife, Dr. Jill McCabe, did receive $450,000 for a 2015 state campaign from a PAC run by Virginia Gov. Terry McAuliffe (D), who was co-chair of Bill Clinton’s 1996 re-election campaign and chair of Hillary Clinton’s run in 2008. However, Andrew McCabe did not have oversight of the Clinton emails investigation until after his wife lost.
Court partially lifts Trump’s refugee ban
A federal judge on Saturday partially blocked President Trump’s suspension of refugee admissions from 11 countries, nine of which are majority-Muslim: Egypt, Iran, Iraq, Libya, Mali, North Korea, Somalia, South Sudan, Sudan, Syria, and Yemen. After hearing arguments Thursday, U.S. District Judge James Robart ruled that refugee applications must be processed for those with “a bona fide relationship to a person or entity within the United States.” The Trump administration claimed the ban “is a reasonable and appropriate way for agency heads to tackle gaps” in vetting procedure, but Robart said vetting is already rigorous.
Trump reportedly told Mar-a-Lago friends the tax bill made them ‘a lot richer’
President Trump went to the “Winter White House,” his Mar-a-Lago resort in Florida, on Friday, where CBS News reports he told friends dining at his club, “You all just got a lot richer” because of the GOP tax overhaul he’d signed several hours earlier. Two sources at a nearby table described the comments to CBS. In public statements before the bill became law, Trump repeatedly claimed he, as a wealthy person, would take a financial hit so that ordinary Americans could pay lower taxes. In April, Trump said he would “probably pay more” after the reform, and in November he said he’d be a “big loser” and lose “a fortune.” Since the legislation was finalized, analysis has shown Trump will save millions annually under the new system.
North Korea says new sanctions are ‘an act of war’
North Korea in a statement Sunday harshly condemned new United Nations sanctions leveled against the isolated regime Friday. “We define this ‘sanctions resolution’ rigged up by the U.S. and its followers as a grave infringement upon the sovereignty of our Republic, as an act of war violating peace and stability in the Korean peninsula and the region and categorically reject the ‘resolution,'” Pyongyang said, arguing that nothing can stop “the great historic cause of completing the state nuclear force.” The sanctions were supported by Russia and China as well as the U.S.
Treasury Secretary Mnuchin receives Christmas gift-wrapped manure
A suspicious package addressed to Treasury Secretary Steven Mnuchin and left near his California home on Saturday turned out to be gift-wrapped manure, Los Angeles police report. The package reportedly included a Christmas card signed by “the American people” with critical comments about the Republican tax plan President Trump signed into law on Friday. The package was investigated by an LAPD bomb squad and the Secret Service. It is unknown whether Mnuchin and his wife were at home at the time of the incident.
(411 on Business & Real Estate Taxes )
Courtesy of Mark J Kohler, CPA, Attorney, and Mathew N. Sorensen, Attorney..
December 31st – ROTH Conversion Deadline…If you want to ‘convert’ some IRA money to ROTH you have to do it by Dec 31…however, keep in mind you can always undo it by the time you file your return. Hazy on the reasons why a ROTH is awesome read this.
December 31st – Health Reimbursement Arrangement payment Deadline…If you had an HRA in 2017, you have to reimburse your employees/spouse or yourself before the December 31st if you want the write-off. The max contribution is 10k and if you need a refresher check out this article.
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