Wednesday, January 02, 2008

That's a lot of money

If you follow this blog, you know I have an small accounting practice out in the Cincinnati suburbs.

I just happened to look at some reports and I noticed that my individual client base (588 tax returns) paid 6.4 million dollars in federal income tax ALONE.

That's a lot of money. It puts into perspective the enormity of the federal government.

Some other interesting facts from my practice. The average income was up 10.9%, the number of people who were paid unemployment benefits dropped from 15 to 11. So if we're in the worst economy since Herbert Hoover, I'm not seeing it here in "Redville".

1 comment:

Anonymous said...

I guess I will have to find a CPA that has his 588 clients pay about half that amount...just kidding.