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THE SMART BUSINESS OWNER’S LIST OF TAX DEDUCTIONS

For a business owner, taxes can be overwhelming and cumbersome. Tax deductions allow you to save thousands of dollars each year on your taxes and make tax filing a much more bearable experience. In this post, we'll list some of the tax deductions you can use to...

The Smart Business Owner’s List Of Tax Credits

One of the best ways to cut costs as a business owner is to take advantage of all the tax deductions and tax credits for which you're eligible. As a business owner, you're concerned with the bottom line--increasing your net profits. That probably means you spend most...

PRESS RELEASE: Cassidy Jakovickas, CPA of Fresno, CA Appointed to Intuit’s Accountant Council

Select Panel Advises on Products and Services that Accountants and Their Clients Want Most             FRESNO, CALIFORNIA – June 4, 2019 –Today, Intuit, Inc (Nasdaq: INTU) announced that Cassidy...

Beyond The Numbers: What We’ve Been Reading

Although our team loves using numbers and spreadsheets to help our clients make the best financial decisions, we also enjoy reading great books. Staying well read on both fiction and non-fiction books helps us hone our imagination and introduces us to new, sometimes...

Looking Back At April

It’s hard to believe that we’re at the end of April, but it’s true! This month, we helped our clients wrap up another great (and busy) tax season. There was, as always, a lot of paperwork, emails, and nail-biting involved in the days preceding April 15, but that’s all...

5 Last-Minute Tips For Filing Taxes in 2019

Well, April 15 is almost here, and the tax-related panic is thick. If you haven’t filed your 2018 tax paperwork and are rushing to get your taxes in by the deadline, we’ve decided to give you some last-minute tax advice that will hopefully help ease your stress....

An Introduction To Cybersecurity for Business Owners

Keeping your sensitive business and customer data secure has never been more critical. Whether you are a small business or a national corporation, you can't relax your defenses against those criminals seeking to take advantage of lazy cybersecurity policies. Virtually...

March News Roundup

Wow! It seems like we just started March and we’re already moving into April! As we move into the final stretch of tax season, we’re recapping this month’s news for you, just in case you missed it amid the tax-related hubbub. MBS Accountancy: November Review This...

4 Key Changes To Depreciation Under The TCJA

As the Tax Cuts and Job Act (TCJA) continues to be unraveled by tax professionals, it’s important to review the changes and their implications on business operations and tax strategies. In this article, we’ll highlight TCJA’s changes to first-year bonus depreciation,...

3 Ways A CPA Can Make Your Business Successful

It can often seem unnecessary to hire a certified public accountant (CPA) since bookkeepers and accountants are frequently believed to be the be-all-end-all for a business’ finances. However, there are certain advantages to having a CPA by your side. While we...

History of April Fools’ Day

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Over 300 Years Ago

On April 1, 1700, a tradition fondly referred to as April Fools’ Day was born when the English designated April 1 as a day to perpetrate pranks, practical jokes, and hoaxes on friends and neighbors. April Fools’ Day, also often referred to as All Fools Day has since become a tradition among cultures across the globe. The tradition has gone so far as to see newspapers, magazines and other (otherwise reliable) media and information sources to run false stories.

The Early Days of April Fools’ Day

The custom of playing pranks and perpetrating hoaxes on April; Fools’ Day has indeed spread to virtually every country and culture. April Fools’ Day encompasses the Roman Festival of Hilaria, The Holi Festival in India, and the Medieval Feast of Fools.

In The Canterbury Tales by Chaucer, the “Nun’s Priest Tale” is set March bigan thritty dayes and two. Scholars of today believe that there was a copying error in the manuscripts and that Chaucer actually wrote, Syn March was gon. Which means the original passage actually meant 32 days after March, or May 2, leading readers to misunderstand the passage to mean 32 March or April 1.

Around 1508 the poet Eloy d’ Amerval referred to a poisson d’avril which translates loosely to April Fool, believed to be a reference to the holiday. Then in 1539, poet Eduard de Done wrote of a nobleman who sent his servants on foolish errands on April 1. In 1636, John Aubrey referred to April Fools’ Day as “Fools Holy Day” which is believed to be the first British reference. On April 1, 1698, many people were fooled into going to the Tower of London to see the lions washed.

During the Middle Ages, New Year’s Day was celebrated on March 25th in most European towns and villages. New Year’s was a week long holiday that would end on April 1. Many writers suggest that April Fools’ Day originated by those who celebrated New Year’s on January 1 making fun of those who celebrated New Year’s in March. The use of January 1 as New Year’s Day was popular in France by the mid-16th century and was adopted officially in 1564 by the Edict of Roussillon.

This is No Joke! Call the tax professionals at MBS Accountancy Corporation and speak directly to a CPA to learn about investing or growing your personal or business wealth.

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