Other stuff

In June of this year, I moved my accounting firm to Williston, North Dakota. 

My wife and I have been wanting to be near our son and his family. So the simple reason for the move is “chasing the grandkids.” It is also good to be out of California, with increasing congestion, skyrocketing cost of living, and deteriorating economy.

With the wonders of technology, I will be able to serve my clients just as easily from Williston, North Dakota as from Alta Loma, California. Only visible change on the website will be the mailing address.

Relocation to North Dakota.Read More »

News keeps rolling in about senior Fed officials trading stock when they have extremely valuable inside information. Tally grows of federal judges who did not recuse themselves when they had a financial interest in a case they were hearing. Oh yeah, Chief Justice Roberts of the Supreme Court had his own failure-to-recuse oopsie.

This round of lack-of-integrity-by-senior-officials news reports, federal edition:

• 800 more failure-to-recuse by federal judges. The Chief Justice did not recuse himself until after oral arguments in a case where he had a mere $100K personal investment in one of the litigants.
• Vice Chair of the Fed resigns after news leaks out of timing for his stock trades.
• Previously, two regional bank presidents of the Fed resigned this past October.

More depressing news on federal judges not recusing themselves from cases. Three resignations by senior officials of the Fed because of their stock trading.Read More »

The supply chain for everything is tangle up to the extent it will take lots of time to function normally again.

Two articles describing the depth of issues:

• Analogy of turning off a complex computer system. Some of the hundreds of components won’t work when you throw the ‘on’ switch.
• Description of the demand side pressure on supply chain. All those trillions of federal dollars sloshing around have created demand which has overloaded distribution systems.

(Cross posted from my other blog, Nonprofit Update, because it will be helpful to understand broad supply chain issues for audits during the upcoming busy season.)

American Thinker – 12/11/21 – We broke everything in the name of Covid – Author ran a large IT department at one point in the past. Every few years they had to shut down the entire computer system so that the factory could go through maintenance of the electrical system.

More explanation why the entire supply chain system is overloaded.Read More »

The IRS has published the reference amounts for mileage rates for 2022. The rates:

Beginning on January 1, 2022, the standard mileage rates for the use of a vehicle will be:

• 58.5 cents per mile driven for business use, up 2.5 cents from the rate for 2021,
• 18 cents per mile driven for medical or moving purposes, up 2 cents from the rate for 2021, and
• 14 cents per mile driven in service of charitable organizations.

The standard rate for business is based on their analysis of the fixed and variable costs of operating a vehicle.  The medical & moving rate is based on variable costs of operation.

Rates were published in Notice 2022-03  2022 Standard Mileage Rates.

The Post Office is going to slow down delivery of mail.

This is good information to know for charities, CPA firms, and those few of us who still use first-class mail to pay bills.

Before 10/1/21 the goal for USPS was three-day delivery anywhere in the country. This pushed USPS into sending a large volume of mail by air, which is far more expensive than ground transportation.

The new goal is five-day delivery anywhere in the country. This will allow sending most mail by USPS-owned trucks. Reading between the lines of official statements there will also be increased use of rail.

USPS to further slow down mail delivery. Intentionally.Read More »