Landmark Tax Group - March 2020

Another Slice of Pi(e)

The Sweetest Ways to Celebrate Pi Day

B reak out your calculators and grab your aprons because it’s almost Pi Day! This holiday has gained popularity among mathematicians and bakers alike — two groups that rarely overlap. Pi Day is March 14, which, when written numerically, is 3/14, the first three digits of the mathematical constant pi. Pi is special because it’s used to calculate the circumference of a circle. This might not sound like a big deal, but pi is used in engineering, construction, GPS, motors, power generation, and even television! If we hadn’t calculated pi, none of these achievements would be possible. Pi is pretty important, and it’s definitely worth celebrating! Here are two ways you can get in on the fun.

and recite as many digits as possible. In the Guinness Book of World Records, the record is currently held by Rajveer Meena,

who recited pi to the 70,000th digit on March 21, 2015. And he did it all while blindfolded!

Eat Some Pie

Another popular way to enjoy Pi Day is to bake and eat pie. This dessert

Learn to Recite Pi

is perfect because it’s both a homophone (same pronunciation as “pi” but with a different spelling and meaning) and a circle. Challenge your friends to a pie-baking contest, or buy your favorite pie from the store and have a pie- eating contest. And, while this may be a controversial stance, we believe pizza pie deserves a place in Pi Day celebrations, too.

Pi has fascinated mathematicians for centuries because it’s an irrational number, meaning the digits go on forever. If you want to try your hand at memorizing some of the numbers, here are the first 50 decimal digits of pi (with spaces, so they’re easier to remember!).

3.14159 26535 89793 23846 26433 83279 50288 41971 69399 37510

Here’s to Pi Day: the tastiest, nerdiest holiday of the year!

To make things simple, we often round pi up to 3.14, but many people have challenged themselves to memorize

Is the IRS Finally Shutting Down?

What the IRS 2020 Budget Tells Us

Whenever we see news on the IRS and the

Now, the IRS’s 2020 budget is requesting additional funding for compliance positions, such as auditors and collectors. But the request does not fully address the attrition that has occurred over the last five years. For instance, the 2020 budget would add 943 full-time examination (audit) employees, for a total of 9,148 staff members. This would return examination function staffing to 2015 levels when there were 9,189 examination personnel. The attrition of examination personnel in 2015 (342) and 2016 (642) alone was 984. The IRS’s proposed 2020 budget adds some full-time IRS collectors for a total of 2,537, which doesn’t make up for the attrition of 264 collectors from 2015 alone.

struggles they face internally, whether it be financial-, staffing-, or performance-related, we think “Is it the end of the IRS?” Now, here’s the thing we need to ask

ourselves in addition: “Is there any merit to this?” Now the state of the IRS is constantly in flux, so I want to give you some data that will help show an accurate look at the IRS’s well-being. According to the 2018 IRS Data Book, the agency has about 73,519 current full-time personnel. However, since 2010, the IRS’s overall staffing has declined by 22.4%.

So, it’s safe to say the IRS isn’t shutting down just yet. Their annual budget allocation does tell a story, but there is an assortment of aspects in play.

For help with an IRS issue you or someone you know is facing, start with free guidance at LandmarkTaxGroup.com/free or call 949-260-4770 .

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(949) 260-4770 | michael@landmarktaxgroup.com

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