April 24, 2017

Late in filing tax returns? Here are some steps to take.

Taxes.  Ugh.  If you are late in filing tax returns, here are some corrective steps to take.

And remember, if you have tax refunds due you, you must file the related tax return within 3 years of the tax return's original due date to claim the refunds.

Tax Concerns?

Mary Rae Fouts, EA, CFP provides tax planning, preparation, and representation services for taxpayers with complex or technical tax issues.  Mary's tax clients include individuals, business owners, business entities, trusts, and estates.  As an Enrolled Agent licensed by the United States Department of the Treasury, Mary is allowed to provide tax services in all 50 states and U.S. territories.  For more information about Mary's fee-only Consulting, Tax, and Expert Witness Services visit Fouts Financial Group.

Mary Rae Fouts

April 20, 2017

A day in the life of a New York Food Vendor: Would you work this hard for $125 a day?

Glad to be back after a recess due to client tax commitments!

Let's start with this documentary article from the New York Times:   "A Day in the Life of Food Vendor".

The article profiles Mr. Kabir Ahmed who immigrated from Bangladesh 23 years ago.  He runs a halal food cart in Manhattan's financial district, along with one business partner and one assistant.  A fascinating read that is part food, part business ... and a lot of hard work.  A lot.  For which Mr. Ahmed makes about $125 a day, after paying expenses and sharing remaining revenue with his business partner and their assistant.

Photo Credit:  newyorktimes.com
Oh, and I cannot wait to try the recipes linked to the article!  They look heavenly.

Mary Rae Fouts

March 27, 2017

Busy! Back after April 18!

Hi all,

Due to an overload of professional and personal obligations for the next few weeks, I'll be away from the blog.  I'll be back after Tax Day rolls around on Tuesday, April 18.

And yes, that is the correct day.   April 15 falls on a weekend, and Monday, April 17 (the next business day) is Emancipation Day in the District of Columbia; it is recognized as a Federal holiday.  So we get a few extra days this year to file and pay up to Uncle Sam.

See you after April 18!

Oh, and by the way ... Does anyone else have a dog who loves celery?  My Husky-mix Sid sure does!

"Celery!  Yummy crunchy good!"

"Ahhhhhh.  I think I will practice my Yoga moves while eating my organic celery!"

Happy Taxes, everyone!

Mary Rae Fouts

March 21, 2017

Gardening - Here's a video peek at what's happening in my gardens!

A new video to share a bit of what's been going on in my gardens, February - March 2017.  And some gardening with dogs Sid and Lexi, too, of course.  😃  Enjoy!

Happy gardening, everyone!

Mary Rae Fouts

March 20, 2017

Meet Laura Pierson, 17-year-old Math Genius

I typically do not use the word genius to describe someone.

But this young lady deserves the title.

Photo Credit:  eastbaytimes.com

Meet 17-year-old Laura Pierson, a student at the College Preparatory School in Oakland, CA.  And Math Whiz ... Math Genius, more accurately .... extraordinaire.

Laura recently placed 6th among 1,749 high school seniors in the prestigious national Regeneron Science Talent Search.  Her entry? A presentation of the use of theoretical algebra to study the representation theory of mathematically symmetric groups.1

Got that?  And Laura won an $80,000 prive for her 6th place finish.  A few more things about this remarkable young lady:
  • She will attend Harvard University next year.
  • Math has been a fun and interesting passion for Laura since she was a young child. She has been a member of the Berkeley Math Circle since 5th grade, and started taking college level ... yes, college level ... math courses in middle school.
  • But Laura is not just about math.  Among other activities, she is active in theater (as both a performer and technician), enjoys dancing, and loves art.

Read more about this incredible young lady and her award in this East Bay Times article.

Oh, and Laura hopes to use her math skills to solve society's problems. And I just bet she finds success.  And inspires many people along the way.

Congratulations, Laura. You go, girl!

Mary Rae Fouts

1Symmetric group. Encyclopedia of Mathematics. URL: http://www.encyclopediaofmath.org/index.php?title=Symmetric_group&oldid=35368