Welcome to Wolves Eat Sheep!

Wolveseatsheep.wordpress.com and www.wolveseatsheep.org are new websites dedicated to providing people with ideas and information to gain control over their financial lives.

As the name might suggest, the Wall Street model of selling financial services aims only to enrich the sellers of those services, not you and your family.

And there are many other areas, from tax advise to insurance and health care and retirement that used to be handled by people’s employers, back in the good old days. Nowadays everything is on your shoulders. But did anybody prepare you to take on the tasks of, for example, choosing a health insurance plan or a stock broker? Of course not, because the wolves make the rules. Via Congress primarily.

 So please keep checking back for the latest in tax planning and tools to help grow your wealth. And if you live in Texas, please visit Doug Tidwell, CPA at www.LakeAustinTaxPro.com

And remember, its not so bad to be a bit of a sheep, just don’t get eaten.

Tax Credit for home buyers

There is a new and updated $8,000 Tax Credit for Home Buyers. The devil is in the details.  For an updated description of the details and how they apply to your tax return please visit www.wolveseatsheep.org

Small Business and Self Employed

This category of articles will eventually contain everything I know about small businesses and self-employment. From How to start a small business to Taxes to Marketing.

During a time when many people are being laid off and might be considering starting their own business, to those of you trying to hang on to your business, hopefully these articles will help you navigate the mine-fields and peculiar tax aspects and benefits available to you.

And its important to remember that as a self employed person, you enjoy many benefits for tax and retirement planning, but with that goes certain responsibilities under the law.

Politics and Taxes

The single biggest expense in your lifetime will be Income and Social Security (FICA) Taxes.

Most all the big tax savings benefits go First to executives of large corporations, secondly to self-employed people, thirdly to people with large families and homeowners, and lastly to regular W-2 employees, and worst to single people non-executive employees.

Our tax structures also favor Owners vs Workers, ie Money vs Labor.

Sort of follows the political donation status?

Keep informed of the latest developments in Washington, and make your voices heard!

www.wolveseatsheep.org will also provide a list of address and emails for all members of congress.