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re: What are some fun facts about the business you’re in we might not know?

Posted on 3/28/25 at 4:38 pm to
Posted by patnuh
South LA
Member since Sep 2005
7274 posts
Posted on 3/28/25 at 4:38 pm to
quote:

Private school kids are not any smarter than public school kids, they just have more people that care about them and how they act.


A friend had a gifted black girl in her class and reached out to the mother about getting the kid in some advanced classes. The mother accused her of trying to make the child white and refused.
Posted by OWLFAN86
Erotic Novelist
Member since Jun 2004
188570 posts
Posted on 3/28/25 at 4:48 pm to
McWhorter Losing the Race
Posted by CleverUserName
Member since Oct 2016
14412 posts
Posted on 3/28/25 at 5:32 pm to
quote:

And everything is “immaterial” Don’t know where that money went? frick it, doesn’t matter, it’s not material


My audit professor has a good story about one of his first audits out of college.


He audited a non profit that had an old woman as a bookkeeper. Everything balanced. Everything was right on the mark. But he kept running into this “SOB” account. When he was close to finished with the audit, he went to the woman and asked “What is this SOB account?”

Woman replies… “well son.. that’s the Something’s Out of Balance entry”.

He had to redo the entire audit.

Posted by CleverUserName
Member since Oct 2016
14412 posts
Posted on 3/28/25 at 5:39 pm to
The income tax filing deadline is a nothing date for many people.

If you have withholdings that covers your tax due… you can file anytime you get good and ready within the year. You could probably file a couple years late and the IRS would never so much as send a letter since they are so backed up.
Posted by N2cars
Member since Feb 2008
34097 posts
Posted on 3/28/25 at 6:41 pm to
Yep.
Posted by Potchafa
Avoyelles
Member since Jul 2016
3820 posts
Posted on 3/28/25 at 6:44 pm to
I’m currently laying in my bed on my drillship, Above 6000 foot of water. We are completing the third of the first of four completion wells in the world. Only two of these type of drillship in the world. The Technology it takes to recover 20 to 30,000,000 year old hydrocarbons is crazy these days
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