Frank and Maybelle, a couple who owned a small business, were sitting together on an airplane flying on their first vacation to Europe. Halfway through their trip, the Captain announces: " Ladies and Gentlemen, I'm afraid I have some terible news. We're experiencing engine troubleand this plane will be forced to land immediately! Luckily, I see an island below us that should ba able to accomodate our landing." A few minutes later the plane lands safely on the island and everyone deplanes and begins the task of figuring out what to do next. After awhile Frank turns to his wife and says, "This island appears to be uncharted and desolate. In fact the Captain is unable to find it on any of his maps. So the odds are that we will never be rescued and will have to live on this island for a very long time, if not the rest of our lives! This is horrible, simply horrible!"

After a few minutes his wife Maybelle asks, "Did we pay our quarterly Federal income tax yet?"

"No. What a silly thing to ask now!" says Frank.

She replies, "Did you remember to mail off our State taxes before we left?"

"No, I forgot to send the check, so what! Let 'em rot!"

"One last thing," says Maybelle. "Did you remember to send the property tax check this month?"

"Nope, I'm afraid I forgot that one, too! And your point is?"

Maybelle begins to grin, " So what are you smiling about?" an exasperated Frank asks

"They'll find us!" says Maybelle

Simply click on the title of an article below to view its complete text:
 
"Special Education" Medical Expense Deduction
A recent ruling by the IRS indicates that a wide range of special education expenses may be deductible as medical expenses.
 
Retirement Plan Checkup
Your retirement plan savings (that is, qualified plans and IRAs) are important to your financial well-being for several reasons. Right now, they are one of the last places you can accumulate income without currently paying tax.
 
Cash in on These Personal Tax Credits and Lower Your Energy Bill
Beginning January 1, 2006, individuals are eligible for two new federal tax credits when they purchase and install materials or property to make their homes more energy efficient?the Nonbusiness Energy Property Credit and the Residential Energy Efficient Property Credit.