Friday's Tax Quote - January 27, 2012

“Why is it inflationary if the people keep their own money, and spend it the way they want to, [but] not inflationary if the government takes it and spends it the way it wants to?”

- Ronald Reagan

Friday's Tax Quote - January 20, 2012

“I know everybody’s income and what everybody earns;
And I carefully compare it with the income-tax returns;
But to benefit humanity, however much I plan,
Yet everybody says I’m such a disagreeable man!
And I can’t think why!”

- William D. Gilbert and Arthur S. Sullivan (“Princess Ida”)

The Wisconsin Department of Revenue’s "My Tax Account."

The Wisconsin Department of Revenue is continuing its push to encourage business taxpayers to manage their tax obligations online by using the "My Tax Account" system.  The system is set up to be simple and easy to use.  In addition to filing and paying numerous types of taxes online, registered users can also use the system to appeal various Department of Revenue notices.

An existing or new business can register for and access "My Tax Account" by clicking here.  FAQs are answered by clicking here.  The Wisconsin Department of Revenue has also produced six simple, but useful, instructional videos that can be viewed in a continous stream by clicking here or watching below:

Video 1:

Video 2:

Video 3:

Video 4:

Video 5:

Video 6:

Obviously, online tax compliance will only become more and more commonplace.  It is my recommendation that those who have not yet begun using these services do so in the near future.  

Friday's Tax Quote - December 30, 2011

“The income tax created more criminals than any other single act of government.”

- Barry M. Goldwater

Friday's Tax Quote - December 23, 2011

“The sales tax seems to be more politically acceptable than the income tax.”

- Raymond C. Scheppach