- quote -

1900 wasn't a leap year. Some Microsoft programmers didn't
know that, and got dates confused.

Seth

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

Herb Smith wrote:
- quote -

Ah yes. I was sure someone would 'Hit the Target", just as
I did when I sent my donation to Salvation Army.

Happy New ChEAr$,
Harlan Lunsford

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

Herb Smith wrote:

- quote -

*lol*

Stu

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

- quote -

Actually, those of us with Macs normally use the 1904 date
system.

--
Thomas E Healy, CPA, PC
1650 38th St., Ste 202W
Boulder, CO 80301
Please send email to: tom[at]tomhealycpa.com, since I block all email at my
newsgroup address.
phone (303) 443-1804
fax (720) 489-3772

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

Harlan Lunsford <hnslunsford[at]bellsouth.net> wrote:
- quote -

Precision is how many decimal places something is quoted to.

Accuracy is how many of them are correct.

Seth

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

Harlan Lunsford wrote:
- quote -

Think of it this way, Harlan. A "sharpshooter" who can shoot
a tight grouping (very precise), but just keeps hitting the
target one lane over (not very accurate) :-)

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

Harlan Lunsford wrote:
- quote -

Well, for one you can be precise without being accurate.
For example, did you realize that 47.823 percent of all
statistics are made up on the spot?

That statement is very precise, but completely inaccurate.

Stu

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

Phoebe Roberts, EA wrote:
- quote -

An approximate calculation of the right theory is worth more
than a precise calculation of the wrong theory!

--
Frederick E. Jorden http://Tax-Accounting-Payroll.com
7825 Midlothian Tpk - 207 Richmond, VA 23235-5247
EMAIL knowtax[at]bigfoot.com
(804) 320-6210 FAX (804) 320-6211

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

Don Priebe wrote:

- quote -

Looks like somebody used the DBL function in programming.
as in DEF DBL a(x). something like that.

- quote -

No wonder some people refer to accountants as anal retentive.

- quote -

Okay, I give up. what IS the difference?

Happy New ChEAr$,
Harlan Lunsford

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

Don Priebe wrote:

- quote -

Just as a side note, if you download the table then add
something with dates, you'll also want to go into Options
and uncheck the "Use 1904 date system" box. It took me over
an hour to figure out why, when I pasted my state sales tax
chart (which shows the date each rate goes into effect,
which you need to calculate the average rate in effect
during the year) into that workbook, 1/1/2003 suddenly
became 1/2/2008.

Unless, of course, you use the 1904 date system, although I
have no idea why anyone would do such a thing.

Phoebe *having a stupid day*

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

Don Priebe wrote:

- quote -

Ooh, I missed that! That's exactly what I need - now I can
add in the "Tulsa City, Tulsa County," "Broken Arrow City,
Tulsa County," and "Broken Arrow City, Wagoner County"
gross-ups without having to re-key. Thanks!

- quote -

It doesn't matter how precisely you calculate your client's
tax liability if you don't calculate it accurately.

Phoebe

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

If you look at Pub 600 on the web, you will see a small icon
on page 5 that will allow you to download the tables as an
Excel file. At first blush the downloaded version looks
exactly like the printed version. However, if you expand the
column widths you will see that the printed value has been
rounded to the nearest dollar. The actual values in the
table must have been calculated with extreme difficulty, as
they are VERY precise.[1]

Example: New York State, $20K-$30K, 3 exemptions.

Printed Value $378

Actual Value from table $377.786887204531

And some people say the tables are not realistic!

--
Don EA in Upstate NY

[1] Question 1: Explain the difference between precision and accuracy.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->