| A.
R. Kakhsaz Company
an accountancy corporation
Member
American Institute of
Certified Public Accountants
International associates:
Tavana & Co.
Chartered Accountants
Toronto, Canada
Tel.416-229-2221
|
•
Powerful hurricanes have doubled in number
during the past 35 years. There's a growing body of scientific
research that points to rising sea temperatures as the cause.
Climate researchers believe that human-induced global warming is the main
cause of higher sea temperatures, which have risen up to one degree
Fahrenheit in the past three decades.
•
Global warming appears to
be feeding on itself, as more carbon is being released by soils due to the
temperatures rise.
• How much is an
acceptable amount to cheat on your income taxes? Here's how
taxpayers responded:
|
(In percentages) |
| Year |
2004 |
2003 |
2002 |
| Not at all |
86 |
81 |
86 |
| A little bit |
8 |
12 |
10 |
| As much as possible |
4 |
5 |
3 |
• Checks to the IRS drowned: On
September 11, 2005, some 30,000 quarterly estimate tax payments to the IRS
were dumped into San Francisco Bay. Why? A truck carrying
about 45,000 forms and tax payments overturned on the San Mateo
Bridge. The truck was en route from a post office to an IRS lockbox.
• Handkerchief: Cold
storage.
• An AIDS-prevention charity has
sued the U.S. government for denying it grants because the charity does
not support the Bush's anti-prostitution policy.
• Adult: A person who has
stopped growing at both ends and is now growing in the middle.
• In Britain: Having
faith or not and unemployment:
|
Total |
Jobless |
| Christian |
72% |
4% |
| No religion |
15 |
6 |
| other |
10 |
8 |
| Muslim |
3 |
15 |
| Average |
100 |
5 |
•
For more of the Generalist, please visit our website
at ARKCPA•COM.
|
• theGeneralist,
a one-page monthly publication of the accounting firm of A. R.
Kakhsaz Company, is in its 11th year of providing information,
presented fairly and accurately, from sources we can depend upon and
trust.
• Federal income-tax
brackets for 2006 are estimated as
follows:
|
On taxable income of
more than |
| Tax rate |
Joint filers |
Single filers |
| 10% |
$
0 |
$
0 |
| 15 |
15,100 |
7,600 |
| 25 |
61,300 |
30,700 |
| 28 |
123,700 |
74,200 |
| 33 |
188,500 |
154,800 |
| 35 |
336,600 |
336,600 |
The 2006 taxable income numbers are projected. Official IRS
numbers will be released later this year.
• An influential
Pentagon advisor says: "China
sees the U.S. as an inevitable foe, and is planning
accordingly."
• China
has 103 million Internet users. That's second only to the
U.S. which has 203.1 million. 40% of the Chinese users are
women and 60% men. And 30% of them are over 30 years old while
70% are under 30.
•
Preparation to stockpile bird-flu drugs
for Southeast Asia are underway, to help guard against a world-wide
pandemic..
•
The number of millionaire households in the U.S. rose to
7.5 million, breaking the record set in 1999 of 7.1 million.
The study excluded the value of the primary residences in the
net-worth of the millionaires, but included second homes and other
real estate. Meanwhile, the number of households in the U.S.
with liquid assets of $20 million or more is increasing by 3.000
households a year. The rich continue to increase in both
numbers and in wealth in the United States.
• We see more in numbers
than just numbers...
Ali R. Kakhsaz, CPA, MAcc
www.arkpca.com
|
