January2011

           

the  Generalist

www.arkcpa.com March 2011
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

• You're on earth and
there's no cure for that.
Earth Hour is from 8:30 to 9:30 pm
local time on last Saturday of
March where global landmarks
like Eiffel Tower, Golden Gate
Bridge, Empire State Building and
the Bosphorus Bridge will go dark.
It's more about raising awareness
than actual energy conservation.  It
began in Australia in 2007, when --
under the sponsorship of World
Wildlife Fund of Australia -- more
than two million Sydneysiders
turned off their lights to send the
message that they were
concerned about climate change.
The idea spread rapidly and it's
become an annual event.  Anyone
can participate.  Just turn off your
lights during Earth Hour.

• The year 2010 has been
ranked among the three hottest on
record and 2000-2009 the
warmest 10 years ever.

• Bilinguals brain benefits:
A lifetime of speaking two or more
languages appears to pay off in
old age.  Symptoms of dementia
can be delayed by an average of
four years in people who speak
more than one language.

• Aloha is the traditional
Hawaiian greeting and it means
more than just hello or goodbye.  It
represents a spirit natives believe
thrives locally--a feeling of good
wishes, harmony, respect and
consideration for others.

• People's happiness rises with
annual income of up to about
$75,000.

• Money is better than poverty,
if only for financial reasons.

• 111,893 taxpayers are due
income-tax refunds.  But the IRS
couldn't deliver because of mailing
address errors.  These refund
checks total $165 million.

• For more of the Generalist,
please visit ARKCPA•COM
 

• theGeneralist, a one-page monthly
publication of the accounting firm of
A.R. Kakhsaz Company, is in its 17th
year of providing information, presented
fairly and accurately, from sources we
can depend upon and trust.
 
•  Y U Luv Texts
We want to reach others but not to
be interrupted.  For anyone who
doubts that the texting revolution is
upon us, consider this:  The
average 13 to 17 year old sends
and receives 3,339 texts a month.
That's more than 100 per day.
People from ages 45 to 54 send
and receive 325 texts a month.
That's up 75% from a year ago.
Behind the texting explosion is a
fundamental shift in how we view
our mobile devices.  That they are
phones is increasingly beside the
point.  Adults made and received
an average of 188 mobile phone
calls a month in 2010.  That's 25%
down from three years earlier.
Average monthly talk minutes fell
5% in 2010 as compared with
2009.  Among 18 to 24 year olds
the decline was 17%.
Text messages--also known as
SMS (Short Message
Service)--take up less bandwidth
than phone calls and cost less.
A text message's content is so
condensed that it routinely fails to
convey the writer's tone and affect.
The more we text, the greater the
opportunity for misunderstanding.

• IRS audits of wealthy individuals
will be as much fun as a root
canal.  Auditors are seeking
everything but the kitchen sink
from these taxpayers.  They would
want documentation on all
businesses owned domestically
and abroad and particulars on all
investments and flow-through
entities.  You're considered
wealthy, if you have $10million of
assets or income.

• We see more in numbers
than just numbers...


Ali R. Kakhsaz
www.arkcpa.com

     

 

 



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