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Posted by ~^ beancounter ~^ on March 27, 2008, 4:08 pm
Please log in for more thread options Once upon a time in a village, a man appeared and announced to the
villagers that he would buy monkeys for $10 each.
The villagers seeing that there were many monkeys around, went out to
the forest, and started catching them. The man bought thousands at $10
and as supply started to diminish, the villagers stopped their effort.
He further announced that he would now buy at $20. This renewed the
efforts of the villagers and they started Catching monkeys again.
Soon the supply diminished even further and people started going back
to their farms. The offer increased to $25 each and the supply of
monkeys became so little that it was an effort to even see a monkey,
let alone catch it!
The man now announced that he would buy monkeys at $50 ! However,
since he had to go to the city on some business, his assistant would
now buy on behalf of him.
In the absence of the man, the assistant told the villagers. "Look at
all these monkeys in the big cage that the man has collected. I will
sell them to you at $35 and when the man returns from the city, you
can sell them to him for $50 each."
The villagers rounded up all their savings and bought all the monkeys.
Then they never saw the man nor his assistant again, only monkeys
everywhere!
Now you have a better understanding of how the stock market works!
> DENVER - The IRS is opening offices across Colorado on Saturday to
> help people file their tax returns so they can get their economic
> stimulus payment, or tax rebate.
>
> The IRS wants to remind people that they must file their tax returns
> in order to get the government rebate.
>
> This Saturday, more than 300 IRS locations in all 50 stats will be
> open to help people. It is part of a campaign called Super Saturday.
>
> In Colorado, the centers that will be open from 9 a.m. to 3 p.m. on
> March 29 are:
>
> - 600 17th Street, Denver, CO 80202
> - 2864 S. Circle Drive, Colorado Springs, CO 80906
> - 301 S. Howes Street, Fort Collins, CO 80521
> - 400 Rood Avenue, Grand Junction, CO 81501
>
> Several community organizations are also participating in Super
> Saturday and will have tax preparation sites in other cities. People
> can get tax help at no charge as part of the Volunteer Income Tax
> Assistance and Tax Counseling for the Elderly programs.
>
>
>
>
> > I am neither...yet.....
>
> > " =A0doing business as a certified public accountant and sometimes as a
> > tax
> > attorney "
>
>
> > > Arvada woman indicted on 50 counts tax fraud
> > > By Vikki Migoya
> > > The Denver Post
>
> > > Article Last Updated: 03/24/2008 04:16:41 PM MDT
>
> > > An Arvada woman has been indicted on 50 counts of fraud for posing as =
an
> > > accountant.
>
> > > A Jefferson County grand jury returned the counts Friday against Denis=
e
> > > Smith, 51.
>
> > > Smith "has not been arrested yet but is expected to turn herself in by=
noon
> > > tomorrow," said Pam Russell, a spokeswoman for the First Judicial Dist=
rict.
>
> > > The 30-page indictment alleges Smith operated out of her home in Arvad=
a,
> > > doing business as a certified public accountant and sometimes as a tax=
> > > attorney.
>
> > > "Her clientele is almost exclusively law enforcement," Russell said.
>
> > > The charges allege Smith met her clients and agreed to do their taxes.=
> > > Without their knowledge she inflated their deductions for categories s=
uch as
> > > laundering uniforms, mileage, etc.
>
> > > Smith allegedly inflated the deductions enough to cause her clients' t=
axable
> > > income to decrease, which meant they got a larger return on both feder=
al and
> > > state returns.
>
> > > "Her clients are victims and did not know what she was doing," Russell=
said.
> > > "We have absolutely no reason to believe the clients knew there was an=
ything
> > > criminal going on."
>
> > > Russell said the scheme unraveled when one client got notice he was go=
ing to
> > > be audited.
>
> > > "This just goes to show you need to be very cautious when choosing a t=
ax
> > > prep expert," she said.
>
> > > --
> > > Posted via a free Usenet account fromhttp://www.teranews.com-Hide quot=
ed text -
>
> > - Show quoted text -- Hide quoted text -
>
> - Show quoted text -
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