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Sky Mall Reaffirms My Belief That All Things Are Possible
By Stacie Clifford Kitts, CPA
You are well into your plane flight and looking for something to occupy your time. You reach into the seat pocket and pull out – Sky Mall – the magazine with unarguably the greatest collection of “what were they thinking – how did this get to market” or “OMG I must have it” products on the planet.
I’m not ashamed to admit it – Sky Mall provides hours of satisfying entertainment. I love marveling over the quirky gadgets that actually found a distribution channel let alone a manufacturer. But as a business advisor, I think that my favorite thing about Sky Mall is that is just reaffirms my belief that all things are possible if you are business minded and want it bad enough.
Here are a few of my favorite faith affirming products – If these made it…..the possabilities are truly endless….:
Golfers – Rid Yourself of Those Ugly Sock Tan Lines
If you always feel like people are gawking at your white feet and the unsightly tan lines around your ankles when you wear sandals or pumps, then you need the Solafeet foot tanner. Those tan lines can be gone in 5 to 10 days with just fifteen minutes a day. Then you can go from the golf course to the clubhouse in confidence. The Solafeet is ideal for flip-flop wearers, tennis players and joggers. It meets or exceeds all FDA standards, and cleans easily with a mild detergent and non-abrasive cloth.
No really you can tan your FEET at work. Why not?
NEW! A fun way to run with the herd.
Sometimes one car horn just isn’t enough. When that’s the case, give your truck or car an extra pair-and generate double takes, broad smiles and belly laughs. A great gift for drivers with a sense of humor.
In weatherproof molded plastic. Includes everything you need for quick and easy installation without tools. 13″ H x 12″ W x 1″ D. 8 oz.
What I always wanted – antlers for your truck.
Migraine Magic Plus – It’s the Best Thing for Migraine Relief Short of a Prescription
Little else is as debilitating as a splitting migraine. It can interfere with work and make you physically ill. But there’s relief on the horizon with Migraine Magic Plus. This massaging eye mask is engineered to gently relieve tension by stimulating and restoring circulation around the eye. In no time you’ll feel refreshed and revived, and ready to take on the world. The secret is in the soft silicone poly magnetic feelers that soothingly manipulate the front of your face around your eyes. Also helps to relieve sinus pain, double vision and dry eyes.
From The Stupid Preparer Files: Oh I Mean Stupid Attorney Files
Stacie says: “I don’t know about the suspsension period mentioned below. The IRS reports that attorney Michael McCall was suspended for 24 months from practice before the IRS for writing a bogus tax opinion. Frankly, if this guy wrote a bad opinion on purpose, I think it should be a permanent suspension. But that’s just me.”
WASHINGTON — The Internal Revenue Service has accepted an offer of consent to suspension from bond attorney Michael W. McCall. Under the terms of the settlement agreement, McCall will be suspended from practice before the IRS for at least 24 months for writing a false tax opinion. Thereafter, he may petition for reinstatement.
“Practitioners have a duty to their clients, the system, and the municipal finance bond community to ensure that the tax advice they are giving their clients complies with the law and is complete and accurate,” IRS Office of Professional Responsibility (OPR) Director Karen L. Hawkins said.
McCall was engaged by a state of Washington county municipal sewer district to act as co-bond counsel and special tax counsel to write an opinion as to the tax-exempt status of the district bonds issued in October 2000 and to perform due diligence with respect to certain transactional matters relating to the bond issuance. The district issued the bonds for its utility local improvement district for a proposed commercial development. The bonds were issued in violation of state law as the utility local improvement district was located outside of the sewer district boundaries. The bonds defaulted and have been determined to be invalid.
The OPR alleged that McCall’s opinion on the tax-exempt status of the district bonds was false under Circular 230, Section 10.51(j), and that McCall’s opinion on certain transactional matters was also false under Section 10.51(j). In addition, the OPR alleged that McCall failed to perform due diligence under Circular 230, section 10.22, with respect to transactional matters related to the bond issuance, including an undisclosed payment to him from bond proceeds received by the developer.
Following an OPR investigation, McCall admitted to violations of Circular 230 for giving false opinions, knowingly, recklessly, or through gross incompetence (Treasury Department Circular 230, Section 10.51(j) (2000)), and for failing to exercise due diligence (Treasury Department Circular 230, Section 10.22 (2000)).
The settlement agreement included a disclosure authorization that allowed the IRS to issue this release.
Stacie's Tax Stuff 