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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January 5, 2008
Volume 6, Number 1
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

 

It’s 2008 and change is on the way here in Carpenter Country. From now on, this essayist will no longer make references to brain meltdowns or old age. Other depreciating phrases like “I’m an old screw-up” or stereotypical sayings such as “senior moments” will also be banished from her vocabulary.

What’s the reason for this sudden switch in attitude?

Perhaps she’s been reading too many health magazines touting “think good thoughts and you’ll become more confident and upbeat.”

Or she’s heard the stories about how a slowdown in mental processing may begin when a brain hits the young age of twenty or thirty. Which means since her hair is already slightly silver, she’d better change her way of thinking before she climbs the next hill.

On the other hand, it could be the latest research that says no matter what you do, sooner or later your five senses - sight, smell, hearing, touch and taste – will diminish, so while you’ve still got them, you’d better support them.

It might be any one of those, but it’s not.

What she has heard is - when everything else declines, wisdom improves. And she swears that’s the absolute truth.

So, now if she misplaces her car keys, locks herself out of the house, loses an essay or has any other type of brain drain, she’s vowed to use her new-found common sense and good judgment, and never, ever, call herself names or admit to a senior moment.

At least not in print or out loud.

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TOP DRAWER ARTICLE


Backup Withholding
by
HL Carpenter

 

If you’ve ever completed Form W-9, Request for Taxpayer Identification Number and Certification, you’ve heard of backup withholding. But you may be unsure what backup withholding is, and how it can impact you.

Read the entire article here

This information should not be considered legal, investment or tax advice. Top Drawer Ink Corp. does not provide legal, investment or tax advice. Always consult your legal, investment and/or tax advisor regarding your personal situation.

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TOP DRAWER TIPS
Topics and Tidbits

 

Tip: When you sign Form W-9, Request for Taxpayer Identification Number and Certification, you’re certifying three things: That you’re supplying your correct identification number, that you’re not subject to backup withholding, and that you’re a US person. Since you’re signing under penalties of perjury, failing to provide the information - or providing false information - could lead to civil and criminal penalties.

Glossary Term: Taxpayer identification number (TIN). Generally a TIN is a nine digit number issued by the IRS. For purposes of Form W-9, when you sign as an individual, you can provide your social security number, which you can get from the Social Security Administration. If you’re a resident alien, use your IRS Individual Taxpayer Identification Number (ITIN). As a sole proprietor, you can use either your social security number or your business’s federal employer identification number (FEIN).

Financial Horoscope: Backup your financial goals with a thorough review to start off the new year. What strategies worked for you last year? Which ones need refining? What plans should you abandon, and what new objectives should you pursue? Once you’ve made an honest assessment, implement any changes by taking a few small steps at a time. You’ll be amazed at what you can accomplish.

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TOP DRAWER SATIRE


Anyone for President?
by
HL Carpenter

 

Turns out your mother was right again: In America, anyone can grow up to be President.

Read the rest here

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HL Carpenter, an experienced investor and a CPA, specializes in reader friendly financial and tax topics for individuals and small businesses, and publishes Top Drawer Ink, a newsletter that's chock full of humor and common sense information.

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Last update: December 30, 2009

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