Month March 2009

More indecipherable tax code

Sue, who already is a CPA / CFE , will be completing her Masters in Taxation in April. She just found the following incomprehensible piece of tax code as part of her studies. 1) §665(e) Preceding Taxable Year: For purposes…

Paper mills as biofuel source

BIOstock blog The current combined output of heat, steam, and electricity made from combusting woody biomass and “black liquor” process residues make [paper] mills the number one source of renewable energy in the country – more than all other alternative…

Offshore floating enclaves

Wired profiles plans to build floating offshore enclaves free from all those damned interfering governments, presumably for libertarians who are sickened by the thought of someone else gaining benefit from their tax money. It’s all very utopian, and yes they…