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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February 21, 2009
Volume 7, Number 4
ISSN 1554-6330

In this issue:

1. Carpenter Country Essay

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

How many causes can a ribbon support? Sounds like a silly question, but who knew?

Carpenter Country’s short one didn’t until she stood on the sidelines at a horse show and saw a mare with a red ribbon tied to her tail. She was aware ribbons were used for many reasons, but had never seen one on that part of a horse’s anatomy before.

Curiosity finally made her ask, and she was told a red ribbon meant the horse might kick. She also found out a white ribbon signified a horse was for sale and yellow identified a stallion.

Later, back at the office, she thought of the looped ribbons people enjoy putting on their car bumpers, collars and lapels. What did they all mean?

It turns out awareness ribbons come in numerous colors and can support more than one cause. Many causes share a color and some even use multiple colors. Several causes and colors are quite well known.

For instance, the yellow ribbon tied around a tree in the late 1970’s called attention to the American hostages being held in Iran. Today that color symbolizes support for persons serving in the military.

Other ribbons draw awareness to health issues. Pink signifies breast cancer. Red - heart disease and AIDS. Green - bipolar disorder. Teal - ovarian cancer. Violet - Hodgkin’s lymphoma. Purple or white - Alzheimer's. White or gray - diabetes and asthma.

There are colored ribbons for causes such as the prevention of child abuse and violence against women, ending homelessness and hunger, promoting free speech and environmental protection – the list goes on and on.

So - how many causes can a ribbon support?

Too many to put in this essay, it seems.

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TOP DRAWER ARTICLE

Information Returns

by
HL Carpenter

Information, please! That’s what the Internal Revenue Service wants from you if you own a business and make a payment or payments of $600 or more to another person in the course of your business over a calendar year.

Read the entire article here

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TOP DRAWER TIPS
Topics and Tidbits

Tip: No matter the form of your business – corporation, partnership or LLC – you’re required to file information returns with the Internal Revenue Service. You’re also required to send a copy to the person to whom you made the payments.

Glossary Term: Information return. A report a payor provides to the Internal Revenue Service to provide information about amounts paid, the type of payment, and who received it. Common information returns include Form 1099, which are used to report various types of payments, and Form W-2, Wage and Tax Statement.

Financial Horoscope: Information is valuable – to a point. Information overload can keep you from making decisions. What’s the cure? Prioritize, delegate, and just let some things slide. You don’t need to know everything about everything, and decisions you make are not cast in stone.

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TOP DRAWER SATIRE

Lack of Clarity at The Horizon

by
HL Carpenter

Investors who have long complained about a lack of clarity at The Horizon are feeling vindicated by an investigation that reveals no one really does know where the company stands.

Read the rest here