As 2020, the first year of the pandemic came to a close, our neighbor invited us to close out the year on his nicely-heated back porch. As we watched New Year’s Rockin’ Eve on the TV he had over the fireplace, we realized we were all living the dystopia of the Hunger Games. Our horrified…
Category: Taxes Suck
Me to City Finance Department: Suck It!
A few weeks ago, I wrote about how the City of San Jose went after my son for a business license because he’d reported his modest non-employee income to the IRS and the State. Despite multiple protestations from me and our city councilman (and the opinion of everyone else who heard of the ridiculous decision),…
Continued Tales of Rapacious City Overreach
Our 15-year-old son, Neil, works once a week at the family business, and earns about $1500 each year. For this we issue him a 1099 form every year reporting his income to himself, the IRS, and the State of California, and he files a tax return and pays his 12.5% self-employment tax. In reward for…