A Bodey in Motion

Building momentum, one step at a time

Quick Hits of the Week

  • So, here’s an interesting factoid everyone needs to be aware of: When debt is forgiven, the tax-man notices. If you or somebody you know settles a credit card (or department store, etc.) debt for less than what was owed, the difference is considered to be income. Tax forms are filed, and it has to be declared. Read the article completely, it covers the basics, but there are a couple additional you should take away. First, any debt settlement or bankruptcy paperwork should be filed in an easy to find location and kept forever. Also, since the IRS has tremendous power to mess with your life, take care of them as quickly as possible.
  • Teller (of Penn & Teller) reveals his secrets. This is a great article by a great magician that’s ostensibly about magic, but is actually about deception. Teller’s seven principles can apply to any field where selective truth is exploited (I’m sure I don’t need to help you generate such a list), and it’s good for us to be aware of them. No one likes to be lied to, except when the trick is really cool.
  • I’m sorry, but I have to share this. I’d like to link it without comment, but that’s not really possible. I mean, she’s baptizing a freaking monkey. All I could do was watch and boggle. Wow. I suppose it could have been worse. She could have been Jewish.

March 8, 2012 Posted by | Quick Hits and Links | , , , , , , , , , | 1 Comment