irstaxplanner: Where Angels Fear to Tread - 07/06/21 09:13 AM
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irstaxplanner: Penny for Your Thoughts - 03/29/21 04:12 PM
In 2017, country singer Luke Bryan scored a #1 hit with "Most People Are Good." Certainly, most people consider themselves good. Of course, "illusory superiority bias" (also known as the "better than average" effect) means most of us to think we're better than we really are at most everything. One survey showed 64% of drivers rating themselves "excellent" or "above average" — something that's plainly impossible to anyone who's spent time on the road. Most Americans rate themselves more attractive than average, too, as anyone who's spent time on Tinder can tell.
But some people, well, they're such treasures you just want … (2 comments)

irstaxplanner: O Canada! - 03/22/21 05:55 PM
 
Time to play a word association game: what jumps into your mind when you hear the word "Canada"? If you're like most Americans, it's ice hockey or curling. Maybe it's poutine, that irresistibly savory shotgun marriage of french fries smothered in cheese curds, and gravy that gives Canadians a helpful layer of belly fat to insulate against the winter cold. Or maybe you picture Dudley Do Right, the cartoon Mountie. Whatever your answer, it probably fits into the cliche of Canadians as "nice."
Unfortunately, all those nice Canadians live right across the world's longest unguarded border from (*checks notes*) us. Former Prime Minister … (1 comments)

irstaxplanner: Have a Coke and a Tax - 11/30/20 01:59 PM
 
In 1886, a chemist named John Pemberton concocted a sweet, carbonated "brain and nerve tonic" made with coca leaves and cola nuts. Six years later, he sold his recipe for $2,300 to the druggist Asa Candler, who spun it into multinational gold. While the current product has just half the caffeine and none of the Bolivian marching powder of the original, Coca-Cola remains one of the world's most popular beverages. The formula remains so secret that, according to company lore, only two employees know it — and they're not allowed to travel together.
(Fun fact one: in 1935, after the company swapped … (1 comments)

irstaxplanner: Sure, Marcia - 11/23/20 09:04 AM
 
Here in our United States, our government is sliced and diced between Uncle Sam, 50 states, 3,141 counties, and 89,000-odd cities, towns, and villages. You would think that 244 years of independence, along with a dollop of Yankee ingenuity, would produce a crisp, streamlined system for paying for it all. Instead, we've got a janky assemblage of income taxes, property taxes, sales taxes, and tariffs, sutured together like Frankenstein's monster. Seriously, isn't it time for the villagers to start climbing the mountain with pitchforks and torches?
Naturally, some of the brightest minds in public policy are working to come up with new ways to … (1 comments)

irstaxplanner: To Boldly Tax Where No Man Has Taxed Before - 11/15/20 12:59 PM
   
Cross-border tax questions present some of the thorniest issues in tax. For example: when an American company like Apple takes components from 43 different countries, assembles them into an iPhone in China, and sells it in London or Paris, who gets the income tax on that profit? The day-to-day work of answering that question is about as exciting as watching paint dry. International tax attorneys may not spend their days giving dramatic court arguments like Atticus Finch. But when they pack up for the day, they drive expensive cars home to expensive houses in expensive neighborhoods.
Now, though, the … (0 comments)

irstaxplanner: How To Find a Tax Preparer For Folks With IRS Problems - 10/07/20 11:49 AM
  The autumn leaves are changing, and “the most wonderful time of the year” is right around the corner…
I’m guessing tax season isn’t exactly at the front of your mind.
But it should be! (At least in the top five things at the front of your mind.) Because as long as you’re getting paid by someone or something, taxes don’t stop. And when it comes to getting your taxes together, who is on your side?
This is one (of many) reasons that you shouldn’t trust your tax problems to the heavy advertising agencies — because that is exactly what they are — who pound your … (0 comments)

irstaxplanner: You Can Run, But.... - 09/14/20 10:23 AM
  
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irstaxplanner: Straight Outta Spousal Maintenance - 09/07/20 12:27 PM
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irstaxplanner: The More Things Changeth . . . - 08/31/20 03:17 PM
 
Living as we doth in this age of Technologie, 'tis easy to believest that many Things we take for granted are new. 1,000 years ago, there was naught Internet. No reality Television. ("Tiger King" meant somethinge quyte different.) And a "Hybrid" was a Cart powered by an Ox and a Mule. But verily, some of the Packages that amusest us most today go back to the Sands of Spell. Doth thee likest paying thy Taxes? Nay, sir. Fie, a pox on the Tax Collector! And thus we find ne'er-do-wells cheating on Taxes to be part of the oldest Chronicles.
In the Year … (2 comments)

irstaxplanner: What Are the Odds? - 08/17/20 02:57 PM

 Coronavirus has upended nearly every aspect of American life, including of course sports. First was the chaos of interrupting leagues mid-season with no idea when, or if, they would ever return. Next was the oddity of playing games in arenas filled with cardboard cutouts of fans and their dogs. Now we have the crime against humanity of the Philadelphia Flyers playing the Tampa Bay Lightning in Toronto — in August.What's a sports-starved fan to do when he can't go down to the park to root for his favorite team? Well, he can still place a bet on the game. But the … (0 comments)

irstaxplanner: Bloody Complicated - 08/10/20 10:47 AM
 
In 2004, Stephanie Meyer sparked a bona fide cultural phenomenon with her debut novel, Twilight, recounting the romance between 17-year-old schoolgirl Bella Swan and 109-year-old "vegetarian" vampire Edward Cullen. (He only drinks animal blood, not human.) The story spawned four books, five movies (because you've gotta double up that final book to sell more tickets and popcorn), and billions in revenue. If you were a teenage girl at any time during those years, or know someone who was, you went through a Twilight phase.
Last week, Meyer released a long-awaited fifth volume, Midnight Sun, retelling the original story from Cullen's point of view. While it's too … (0 comments)

irstaxplanner: Be the Ball - 07/20/20 02:41 PM
 
Forty years ago this weekend, Orion Pictures released a comedy producers pitched as "Animal House on a golf course." The movie featured a scrappy bunch of misfit locals battling a group of rich snobs played by ad-libbing comedy legends. And while reviews were underwhelming, it went on to gross $40 million and claim a place in movie legend. Odds are good that if you grew up in the 80s, or anywhere near a golf course, there's someone you know who can't make it through the day without quoting from Caddyshack.
Naturally, that got us wondering . . . how can we spin this anniversary … (0 comments)

irstaxplanner: Tax It Your Way - 05/25/20 01:31 PM
 
Memorial Day weekend is fading in the rearview mirror, and we've ventured outside to commemorate those who gave their lives in service to their country. Summer is officially "open for business" as it can be in this year of coronavirus. But there's a lesser-known occasion coming up that the average American celebrates three times per week — and all year long, not just at their Memorial Day cookout. Thursday, May 28 is National Hamburger Day. And our friends at the IRS collect billions in taxes on the delicious dietary staple.
The burgers we love originated as the "Hamburg steak" in 18th-century Germany. … (0 comments)

irstaxplanner: Fraud & Bling: Atlanta - 05/23/20 04:46 PM

 
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irstaxplanner: Here's What Sports Fans Do When Sports Are Canceled - 05/06/20 06:16 PM

 
 
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Allan Rolnick, Small Business Tax Strategist (TriState Tax Resolution LLC)

Allan Rolnick

Small Business Tax Strategist

Sunnyside, NY

More about me…

TriState Tax Resolution LLC

Address: 45-12 41st Street, Sunnyside, NY, 11104

Office: 718-841-7317

Mobile: 917-391-8467

Email Me



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