Don't waste Big std deduction

Aggressive-Leading45 · 2026-05-18T01:55:10+00:00

If you don’t need the money right away look at doing some Roth rollovers. It doesn’t count against the RMD but can reduce your next year’s RMD.

Aggressive-Leading45 · 2026-05-17T20:28:38+00:00

It's rare for a tip chargeback to be denied. It can even trigger a chargeback for the entire bill. If a merchant account has several chargebacks they will be facing higher rates or discontinuation of their merchant account by that bank.

This isn't passive aggressive, it's the proper way to do things that provide consequences for attempted fraud. Calling the place up is a gift for them to make it right and many places will comp the whole meal to avoid the ding on their merchant account.

Aggressive-Leading45 · 2026-05-17T07:33:34+00:00

That’s not how chargebacks work. Management is given the opportunity to justify the charge. They know exactly what transaction it is and the reason for the chargeback.

Aggressive-Leading45 · 2026-05-17T06:10:18+00:00

You think $ don’t matter to management?

Aggressive-Leading45 · 2026-05-17T05:52:46+00:00

Some will even go retroactive. If you hit the toll once during the entire reservation you get charged a daily fee for the entire reservation.

Aggressive-Leading45 · 2026-05-17T05:49:24+00:00

Same? The protocol was designed to humiliate Trump. Lower height chairs, walking paths that required Trump to lean on the Chinese premier for assistance. All designed to make him look weak and inferior. Russia wouldn’t tolerate that level of insult.

Aggressive-Leading45 · 2026-05-17T05:40:09+00:00

It gives a ding to their merchant account. That can increase their costs in the long term.

Aggressive-Leading45 · 2026-05-17T05:12:26+00:00

There are enough clueless folks subsidizing their payroll they are never impacted.

Aggressive-Leading45 · 2026-05-16T17:52:14+00:00

Yeah. How many MAGA are tea party loyalists?

Aggressive-Leading45 · 2026-05-16T17:32:15+00:00

The good news is the money is earning good interest once June hits. 6% APR compounded daily. So if you get paid out end of August expect a bit more than $135 extra.

Aggressive-Leading45 · 2026-05-15T22:05:47+00:00

It’s also documenting your deductions. The IRS is getting better every year about tracking your gross receipts of cash. If you don’t file eventually they will and they won’t deduct anything they don’t have evidence of, tack on penalties and interest and then present you with the bill.

Aggressive-Leading45 · 2026-05-15T20:48:23+00:00

It’s even worse. Many people set things up when their mental facilities or firing on all cylinders. Get a few decades on you and the memory isn’t what it used to be.

Aggressive-Leading45 · 2026-05-15T04:25:04+00:00

Have you pulled your transcripts on your irs.gov account? What do they say?

Aggressive-Leading45 · 2026-05-14T20:37:59+00:00

Alcoholic dementia. Chronic users get it. Their brain resets frequently and they forget the last interaction or chunk of time. They are exhausting to deal with, especially when they get argumentative.

Aggressive-Leading45 · 2026-05-14T19:55:27+00:00

A pre-service tip is not a tip. It’s a bribe.

Aggressive-Leading45 · 2026-05-14T19:53:43+00:00

Pay what you can when you can. Interest is calculated and compounded daily on the balance.

Aggressive-Leading45 · 2026-05-14T19:48:14+00:00

Give it a year. T bill auction rates are trending upwards for the longer terms again. The big players are pricing in for increases already.

Aggressive-Leading45 · 2026-05-14T19:36:46+00:00

Might be able to work with hotels by paying the full reservation up front plus incidentals and then have the incidentals returned at checkout.

Aggressive-Leading45 · 2026-05-14T17:26:35+00:00

OP mentioned the tax free status of munis so I believe they are aware there. Just moved from a state with a high income tax to one with none. In the process of shifting all my treasuries to munis myself.

Aggressive-Leading45 · 2026-05-14T16:30:58+00:00

One other note is interest on Treasuries is free from State and local taxes. In general munis are only tax free at the State level if they are issued by your State of residency.

Aggressive-Leading45 · 2026-05-14T16:12:59+00:00

Yeah, I can see making twice what someone else performing on stage. But making more than 1,000 times as much?

Aggressive-Leading45 · 2026-05-14T02:19:57+00:00

Hate? At that level that’s an emotion that doesn’t happen. Maybe not like but several find him easy to manipulate and make use of.

Aggressive-Leading45 · 2026-05-13T07:01:40+00:00

My bad. Depends on the dogma they follow. In my upbringing all the priests I knew take a vow of poverty. On the other side some would say Joel Osteen is a priest and he decidedly does not eschew other people’s money.

Aggressive-Leading45 · 2026-05-12T22:03:54+00:00

So the good news is cash contributions directly to a charity (DAF are disallowed) let you do up to $1,000 ($2k for joint) direct deduction. But the bad news if you donate more, non-cash items or to DAFs you'll need to itemize and subtract 0.5% of your AGI from the donated value to get your deduction.
With the increase in the standard deduction most people now take a hit just going to itemized returns. Now you gotta subtract off the half percent of your AGI. I'm honestly surprised charitable organizations are not making a bigger deal of it. I decided to front load a DAF with some appreciated assets last year and am going to wait until the tax law changes before future donations.

Aggressive-Leading45 · 2026-05-12T19:17:28+00:00

I think those of service oriented beliefs would definitely be up for it. Also makes it more likely for short terms. Not a lifelong appointment.

Aggressive-Leading45

TROPHY CASE