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Did You Know That…

March 30, 2011

As I’ve said in many other blogs and podcasts, we are a fountain of all useful and useless information here at Gunwel Tax & Bookkeeping Service. We love the trivial pursuit and we drink Snapple just for the inside  cap trivia. In honor of the last three weeks of tax season I’m going to mix it up…Did you know that…

  • …The IRS is cracking down on vehicle tax credits? About 20% of credits claimed for alternative and plug-in electric vehicles bought during the first six months of 2010 were invalid, often because they were claimed for ineligible vehicles.
  • Colonoscopies and other endoscopy procedures send one in every 100 patients to the emergency room? The most common complaint is abdominal pain, which probably results from air from the procedure working its way out of the intestine.
  • …More small businesses are offering health benefits now that the new health-care law provides a tax credit to offset the costs? The 35% credit is available to firms with fewer than 25 full-time employees and moderate-to-low pay scales – an average of less than $50,000 a year.
  • …Dogs can detect blood sugar drops in diabetics. Trained dogs can detect a faint odor emitted by humans as much as 20 minutes before blood sugar drops to a critical level. Such drops can cause diabetics to collapse or go into a coma if they do not receive medication immediately. A trained dog is valued at $20,000, but Dogs4Diabetics and other providers often require only $150 for people in need.
  • …Trans fats increase depression risks. People who consume more than 1.5 grams of trans fats per day increase their risk for clinical depression by 48%. The more trans fats, the higher the risk. Trans fats increase inflammation, which may interfere with brain transmitters and disrupts mood.
  • …Orange juice and apple juice affect medications. Grapefruit juice often increases drugs’ potency, but orange and apple juices have the opposite effect – drinking them within two hours of taking certain medications can weaken the drugs’ effectiveness. these medications include beta-blockers for blood pressure, the allergy treatment fexodenadine, the antibiotic ciproflxacin and the anticancer drug etoposide. Best to avoid fruit juices for four hours before and after taking medicines. Drink a glass of water with medicines.
  • …People who drink diet soda have a higher risk for stroke and heart attacks. A recent finding claimed that people who drank diet soda every day were nearly 50% more likely to have a vascular event, such as a stroke, even after accounting for such risk factors as age, gender, smoking and alcohol consumption.

Well there you have it…some useful and some useless information. At GAI ( we supply you with only useful tax information especially during and around the filing deadline of April 18th. Give us a call at 212-979-6830 as we’d love to hear some of your trivia tidbits. We are open from 8am to 8pm Monday through Friday and Saturdays 8am to 5pm. You work hard for you money, let us work smart to help you keep it. See you soon!

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