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Politics in the Zeros

Voting rights, politics, renewable energy, water

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Politics in the Zeros

Voting rights, politics, renewable energy, water

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How to exclude 1099-K, MISC, NEC income from being taxable

1099s may list income that is genuinely not taxable. An example would be someone whose roommates Zelle him their share of the rent each month, then he pays the full rent. This is not taxable income, even though Zelle might…

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  • Bob Morris
  • Tue, May 03, 2022
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Embrace the chaos. Especially since we live in crazy times

The war in Ukraine could become a world war. The upcoming midterm elections will be vicious. Climate change is changing things in ways we can barely predict. Unhinged conspiracy theories are going mainstream. The response to all of this can…

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  • Bob Morris
  • Fri, Apr 29, 2022
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Lithium and geothermal in Hell’s Kitchen

Lithium geothermal

The Salton Sea in southern California contains one-third of the world’s lithium supply. It’s an inland saline sea in a baking hot, unforgiving area. The lithium is contained in geothermal liquids, which have been harnessed for decades to create electricity.…

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  • Bob Morris
  • Fri, Apr 01, 2022
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Gambling winnings and taxes

I do taxes in Vegas and see too many people get blindsided by gambling winnings. If you win over certain amounts, the casino sends you (and the IRS) W2-Gs detailing the winnings. But they do not document losses. Which is…

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  • Bob Morris
  • Mon, Mar 28, 2022
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Build a working class movement in the nebulous future? NO!

One of the most cherised shibboleths on the hard left is activists must focus on building an international working class movement that will somehow create major change in the future. Yet it’s a self-defeating strategy that has never been effective.…

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  • Bob Morris
  • Sat, Nov 20, 2021
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No, Virginia isn’t a Deliverance cesspool

Danica Roem, a trans woman, just got re-elected as a Virginia Delegate during an election that had multiple nasty attacks on transgenders. Why? At least in part, she got reelected because she has a message. McAuliffe didn’t have a central…

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  • Bob Morris
  • Thu, Nov 04, 2021
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1099-K will report $600+ income for PayPal, eBay, Zelle, Venmo

Starting in 2022, online selling and micropayment platforms will report yearly total income of more than $600 on form 1099-K. This is way down from the current 200 transactions a year totalling $20,000 or more. Many more 1099-Ks will be…

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  • Bob Morris
  • Mon, Oct 18, 2021
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CP503 (and other IRS letters you never want to get)

If you get an IRS letter, like a CP503, it is crucially important that you read it, then respond by the deadline. The letter will explain how to reply. If you agree you owe the money, pay it in full…

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  • Bob Morris
  • Tue, Oct 12, 2021
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Just-in-time supply chains are breaking everyhere

Just-in-time supply chains are a quaint utopian libertarian concept that assumes markets will always operate efficiently. Thus, goods can be and should be manufactured, shipped, and delivered exactly when needed, and not before. It should be achingly obvious by now…

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  • Bob Morris
  • Thu, Oct 07, 2021
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Twitter: @polizeros 
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