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Here is my story: One of my current clients, a federal government software contracting company, was targeted for an audit three years ago. The audit focused on two large accounts receiveable items. The IRS questioned the validity of the AR due to the fact it was aged nearly 200 days. They felt my client was recognizing income in a loss year, and intending to write off this balance in a taxable income year. When my client sat down with his accountant, attorney, and the IRS agents, they listened to the IRS's concerns. When it was their turn to speak, the accountant revealed that both AR items were invoiced to the Internal Revenue Service, and they attorney laid out their plan to sue for collection if the account wasn't satisifed in 30 days. As the accountant tells the story, it was the proudest moment of his audit life, and the fastest he has ever seen the IRS drop a case and get out!
This post is highlighted with hypocrisy. You are attacking the interpretation of data while poorly interpreting data.
Now, here is my poor interpretation of data:
Given your poor use of parenthesise, I would doubt you have achieved the shear writing carnage necessary to earn the title of "Doctor of Philosophy" in statistics. If I am wrong, you should consult your APA manual before "publishing" your professional conjectures. Surely someone with that level of scientific achievement would not be so narrow focused to believe there are only two answers - one right and one wrong.
Please challenge facts with facts. :) Thanks!
Please provide references for the following:
"We both share similar spiritual beliefs; neither of our parents, or even grandparents, have been divorced; we did not move in together prior to marriage; and we’ve never participated in “adult” activities together. The odds are in our favor "
How did you come to this conclusion? I am not saying you are wrong, but this is a blog about finance (i.e. science), so I would expect your topics to be well researched and factual.
Thanks in advance!
On the flip side, I do agree that a decent pay scale is not worth the moral issues, and many inspirational succubi which exist in government work.
FYI, if you want to make money, work with money. :) Just some advice from your friendly neighborhood banker.
3. Just keep evolving, we will tag along.
4. Playing video games, relaxing, guys nite out harassing local debutants etc... (loving the wife of course;)
If you honestly are putting down a till death committment without the knowledge of physical compatability (adult and otherwise), I would say don't worry about the small stuff :) Go where you would like, spend what you would like. Pray that your only worry upon returning is rebuilding some savings.
My solution so far has been to snowball the payments on our debt, and if emergencies come up that would normally prevent us from doing that, we tap the "slush" fund.
That seems to be the perfect medium for us at the moment. Another issue is, our tax brackets have rocketed in the past 3 years, and we are no longer reaping the April 15th bonus check. Long live the middle class!
The BMW and Lexus were bought new, and we will retire the remaining $9M in debt on the Lexus this year.
We will consider upgrading cars when one wears out, money wouldn't be determining factor. When we do upgrade, 20-30% of the price will come from our downpayment, and we will structure a 24-36 month repayment on the rest. I don't have a figure for what that would be since it's determined by our cash flow ability when the need arises.
Hypothetically, if I were given over $5MM; the first $250M would go to an Aston Martin DBS or Vanquish.