TOP DRAWER INK NEWSLETTER

 

Here's the latest issue of Top Drawer Ink, the newsletter written by author HL Carpenter that's chock full of humor and common sense information.

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November 17, 2007
Volume 5, Number 22
ISSN 1554-6330

In this issue:

1. Carpenter Country
2. Top Drawer Article
3. Top Drawer Tips
4. Top Drawer Satire

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CARPENTER COUNTRY
What's Happening in Our Neck of the Human Experience

 

Yesterday in Carpenter Country, the short one changed the desktop background on her office computer. Since the beginning of summer, Azul, depicted by a sandy island sparsely covered in palm trees and floating on a rippling blue sea, drifted across the screen creating a cooling effect. But now a warmer picture was needed and Autumn, with its vibrant orangey reds, filled the bill.

It’s amazing how colors can make us feel warm or cool, peaceful or excited, happy or sad. And how over the years they’ve been incorporated into everyday life and now motivate us in different ways.

Studies show children like bright solid colors such as red. Older adults often prefer more soothing pastels. Men lean toward the cooler blues and greens, women favor warmer shades. Many industries use this research as a marketing tool.

As we all know, holidays have specific colors. Red and green for Christmas. Orange and black for Halloween. Yellow and purple for Easter. Red, white and blue for patriotic occasions in the US.

What may be news is that in a garden, blossoms with warm colors planted in front of their cool cousins can make a flower bed appear larger. For a narrower looking bed reverse the layout.

This world would be a pretty dull place without spring green, summer blue, fall red and winter white. Those colors, and combinations of them, let us enjoy the brilliant hue of a rainbow, a splashy fashion display in a department store window and an Autumn background on a computer screen.

All in one golden afternoon.

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TOP DRAWER ARTICLE

Tax Penalties - Part II
by
HL Carpenter

 

Annual income tax returns, employment tax returns – your business is subject to many tax rules and requirements. Running afoul of them, either intentionally or by accident, means you may be exposed to tax penalties.

Here are five penalties and the related costs:

Read the entire article here

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TOP DRAWER TIPS
Topics and Tidbits

 

Tip: Unlike evasion, avoidance of taxes is not a criminal offense. You can attempt to reduce, avoid, minimize, or alleviate any tax you owe by legitimate means. This includes taking deductions, losses and credits that are allowed under applicable law.

Glossary Term: Willful. Willfulness is defined as the voluntary, intentional violation of a known legal duty. Under the tax code, misstating your income or filing an incorrect return does not in itself imply that you willfully attempted to evade your tax responsibilities. The circumstances surrounding your conduct determine whether you acted willfully, with the intention of misleading or concealing.

Financial Horoscope: Outside of legal circles, willfulness can be a good trait, especially when applied to your financial life. Saying and doing smart things on purpose, deliberately, is an advantage in business and investment matters. There are plenty of ways to trip yourself up. Why not willfully choose to direct your life along a more profitable path?

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TOP DRAWER SATIRE

Homeowner Makes Timely Mortgage Payment
by
HL Carpenter

 

In what’s being heralded as a turnaround for the ailing credit market, a person in Bismarck made a timely mortgage payment last week.

Read the rest here