What is going on guys welcome back to the channel critical overload here We're gonna be talking about a few different horror topics in this video here today We'll be talking about goose bumps. We'll be talking about the conjuring for we'll be talking about fear Street 4 and We'll be talking about Jurassic World 4 or Jurassic Park 7 again, whatever you want to call that So just to start off here with goose bumps goose bumps is getting a second season over at Disney Plus If you saw my review, you know my thoughts on that show already I was not the best or I was not pleased or satisfied with that show at all So ever thought it was quite terrible to be honest, but then some semi-good news came out today I'll get to why I'm saying semi once it was revealed that this was taking us down the anthology route again But wait according to the Hollywood reporter Disney Plus is saying season 2 will revolve around Teenage siblings who discover a threat within their home setting off a chain of events that unravel a profound mystery as they Drove into the unknown the duo finds themselves entangled in the story of five teenagers who mysteriously vanished vanished in 1994 See, this is not the anthology route that it looks like we were baited into thinking What is so hard about simply recreating your own spin on the classic books It's an anthology route Yes, because what they're doing is that it has nothing to do with the first season But notice how the synopsis of season 2 is just Still nothing related to adapting the Oralstein iconic books Just do that. What is so hard about doing fresh takes on books like the cuckoo clock of doom the haunted mass one in two Slappy night of the living dummies say cheese and die stay out of the basement, etc I don't know. What is so hard about them doing that? Why do they refuse to do that with this IP? They've been doing it since the movies They've been doing they've been refusing to give us the anthology show that is just recreating those iconic Books in the vein of that iconic show and I'm not saying that show is perfect But an updated take on that show would not be something that diehard fans like myself don't prefer We would prefer that versus what you keep doing with this IP They just seem to be disinterested or uninterested And recreating the anthology show properly one episode dedicated to this book one episode dedicated to that book Instead they want these overarching stories that throw in elements from these books and diehards like myself We're just tired of it. We're tired of it. I feel like goose bumps is capable of being Recreated in the vein of that original show. Yes, it's already been done But you can still update it and make it modern just do that They are so uninterested in doing it though.  I'm reciting david leslie johnson macaldrick wrote the screenplay for the fourth movie He also wrote I believe The conjuring two and the devil made me do it Which is three the hollywood reporter adds plot details are being kept six feet under but once again supernatural investigators ad and lorraine Warned will face creaky doors shadows in the windows inverted crosses and a demonic possession or two Stars patrick wilson and vera farmiga are expected to return and the features on a summer shoot in atlanta Michael chaves doesn't really excite me But i'm curious to see if the none two if the none twos ending plays into the conjuring four And i've seen the discourse online about michael chaves not being the best cup of tea for a lot of people I think a lot of people were just interested in seeing someone else at the helm of these movies because michael chaves His name keeps coming up more than we would like his name to come up as it pertains to conjuring movies But with this being the end of the mainline franchise I'm also curious how this could likely build into setting up the tv show because don't forget That's also been reported as happening as well. I've loved the three movies We've gotten with three being the weakest and that original film will always hold a special place in my heart But let's take the warrants out on a high note wrap this up in a nice bow And just call it quits with the mainline franchise and if you want to keep exploring the universe That's fine because we already know again. They've already reported a tv show So i'm curious how this movie could potentially build into the story lines continuing through this tv show That's still again purportedly in the works now. We're going to talk about fear street four So what's on netflix reported this regarding fear street four matt palmer Is set to direct the fear street movie prom queen palmer previously worked on the criminally underrated netflix original movie calibre Released on the surface back in 2018. I might be mispronouncing the title of that movie But palmer and donna mccleary are writing the are the writing duo behind this new feature Filming will last for march 25th through may 10th of this year The new movie is also reportedly according to what's on netflix set in the 1980s And is not part of the original trilogy released in the summer of 2021 in any form Now i'm not familiar with either of these two But it also doesn't look like they've done anything to get me excited about their involvement either We'll just see because I know this book has a big fan base from what I saw based on the reaction to the news Prom queen was being turned into a movie a lot of the reactions in the quote tweets of my tweet Really just shocked me that they were this many fans of this book I still want to check it out myself just to get an idea of what i'm getting into But I cannot wait to see what this movie ends up being or how it ends up being I'm not really all that excited about the names attached to it in terms of the director and the writer Because again, I don't know anything about them having seen any of their work But we'll see how it all comes together Last thing we're going to talk about here is Jurassic world 4 So why did Jurassic world 4 not work out for david leech who was in talks to direct? Well, according to the hollywood reporter Part of the problem is that universe was so far along on the project that leech would essentially have been more of a Shooter than someone who could have really put his stamp on the film There's not enough time to work with new ideas one source told them which has a script by david cope and Ambitious july 2nd 2025 release date according to another source the producers have already done some dino design work And soft prep soft prep on the movie But we can see why the film was attractive for someone like leech in the first place It was going to lean into action territory One source described it as having an escape from new york vibe, but a universal insider said that was not true Well, what about the idea of weaponized dinosaur dinosaurs the insider said no So it seems like they're trying to fast track this movie a little bit too quickly If you will not that that wasn't kind of obvious from the fact that they announced it And then also had a summer 2025 Release plan attached to it as well Which already was kind of Setting off red flags to some people as I saw on twitter and even on the Jurassic park groups that i'm in People were a little bit alarmed that they were trying to fast track it this much And this really doesn't make people all that more confident that this could turn out to be a quality film Granted a lot of things have been fast tracked and turned out to be quality films such as scream 2 And I would say that original halloween 2018 movie that we got from david gordon green But also with the track record that we've been getting with these Jurassic park films It's a little bit alarming that you want to fast track it because the last two weren't exactly the greatest things ever Let me know what you guys think about this down in the comment section below If you haven't already of course, make sure you subscribe turn on post notifications that you never miss a video in the description I will have links to all of my social media accounts. I am on facebook twitter and instagram You can message me there, of course Let me know if there are any movies news or reviews you like me to cover in the future and with all that in mind guys I will see you in the next video


Other corrupt things about Raytheon, Raytheon just shells out campaign donations to get politicians elected. And then the candidates that they give money to approve large weapon sales to other countries. And those weapons get found at the sites of war crimes. This is, I believe, when Saudi Arabia with U.S. weapons bombed a prison in Yemen. And every weapons company gets sort of excited when tensions are escalating and we're moving closer to a war. But Raytheon got particularly excited about the war in Ukraine because Biden's newly appointed Secretary of Defense used to serve on the board of directors at Raytheon. It's Pentagon budget season, so you should call your congressperson and both of your senators and tell them to vote no on the Pentagon budget or cut the Pentagon budget by a lot. So our tax dollars, like money from our paychecks, aren't going to corrupt companies like Raytheon.


Today we're in Matthew 11. We're going to look at verses 25 through 30. What we'll be looking at today is what I'd like to refer to as the heart of the gospel, and you'll see what I mean in just a moment, but it's a place where the Lord Jesus Christ gives to us an invitation. And we'll be looking at that invitation as we are about to conclude, but it is one of the more beautiful places in Scripture where you see the Lord Jesus Christ specifically calling people to himself. So beginning at verse 25, reading to verse 30, Matthew chapter 11, it says, At that time Jesus answered and said, I thank you Father, Lord of heaven and earth, because you have hidden these things from the wise and prudent and have revealed them to babes, even so Father, for so it seemed good in your sight. All things have been delivered to me by my Father, and no one knows the Son except the Father. Nor does anyone know the Father except the Son, and he to whom the Son wills to reveal him. Come to me, all you who labor and are heavy laden, and I will give you rest. Take my yoke upon you and learn from me, for I am gentle and lowly in heart, and you will find rest for your souls, for my yoke is easy, and my burden is light. This is obviously a place that even at the conclusion of our service today, I'm going to give the same invitation. I am going to invite people to get right with the Lord, because that's what this passage is speaking about. It's an invitation Jesus says when he said in verse 28, come unto me. And so we'll be looking at that today as we go through this study, but let's begin by noting that this chapter is very interesting because you need to look at chapter 11 here in Matthew's Gospel and take into consideration all that this chapter actually contains. You see, it begins with a variety of things, and I'll allude to them in just a moment, but it includes that the portion of Scripture where Jesus responded to a question, and the question was posed to him by some disciples of John the Baptist when John had heard in prison concerning the works of the Lord and had said to two of his disciples, go and speak to Jesus and ask him this question. Are you the coming one, or should we be looking for someone else? And as I've been mentioning to you over and over again here in Matthew chapter 11, that in reference to Jesus being the coming one, that was what would be called a messianic title, and he was simply saying go and ask Jesus if he is Messiah, and remember with me how that Jesus had responded. He said go and tell John this, and then he began to quote Scripture to him concerning the works that he was performing because the Bible said here in Matthew that John had heard of the works that Christ was performing, and so Jesus refers to some of those works.  And then he said to them in verse 6 of chapter 11, blessed is the one who's not offended because of me. Blessed is the one who's not stumbled because of who I am, who I really am. And so what he was saying is through giving John Scripture, I'm giving John hope and encouragement, and so his real exhortation there, when he said blessed is the one who's not stumbled, his real exhortation was for John to continue to have faith in him. So he was saying hold fast to the promises of God, and don't waver, because God rewards faith in him. You see, when we live in doubt, we are actually saying that God is not faithful to his promises, and that's why in Hebrews 10, 23 it says let us hold fast the confession of our hope without wavering, for he who promised is faithful. So hold fast. You see, God doesn't encourage us to doubt. He understands that we are flesh, we have weaknesses. It's not a surprise to him that we can waver, but at the same time he never encourages us to have doubt in him. As a matter of fact, instead of doubt, you'll find over and over again that God encourages us to have faith in him. God encourages us to trust in him.  When you look at the book of Hebrews in chapter 11, verse 6, it says without faith, it's impossible to please God, because anyone who comes to him must believe that he exists, and that he rewards those who earnestly seek him. So without faith, it's impossible to please him. He would never encourage me to doubt him. He always encourages me to trust him. You see, when someone lacks faith in the Lord, they're also revealing that they simply do not trust him. So God doesn't reward doubt, and that's why Jesus exhorted John to remain steadfast in him. Now, we saw that after the Lord had sent that message to John that he began to speak concerning John to the multitude that was there, and we saw how he had commended John and John's ministry, and then he brought strong words of rebuke. He began to rebuke certain cities that many of his works had been performed in, and last time we were together, we saw this. We saw how he spoke against a city called Karatzin. He spoke about Bethsaida. He spoke about Capernaum, and as he was doing so, he compared these Jewish cities with Gentile cities, and he compared them with Tyre and Sidon, even what so far as to compare Capernaum with Sodom itself, and he brought a strong word of rebuke because these were people who were criticizing him, and these were people who were rejecting him. So he gave the strong denunciation, and that's what we saw in verse 24, when it said, I say unto you that it shall be more tolerable for the land of Sodom in the day of judgment than for you. That is a powerful, powerful denunciation. It'll be more, it'll go better for Sodom than for you. Why? Because you, he said, had all of these incredible works, and especially Capernaum, it was his headquarters, is where most of his works were performed up there in the north, and he said it'll be better for Sodom than it would be for you, and that is a strong denunciation, and yet after this incredibly strong denunciation of these cities, he now gives an encouragement. He actually is giving to us an invitation, and the invitation, as you read it, is extremely tender. It's an invitation to be right with him. It's an invitation to be forgiven. The Bible makes it very clear that there is a message contained within it of forgiveness of sins, and the Bible is a book that contains a message of salvation. As a matter of fact, the message of forgiveness of sins and salvation from God is the theme of all Scripture. You see, the problem that man has is revealed to us in Scripture. Today we like to say, well, I'd do better if I had a better education. I would do better if I had a better job. I would do better if I won the Powerball. I'd do better if I had all of those things. But the Bible makes it clear that the root of man's problems is not in his lack of education, or the neighborhood he lives in. It's not me pointing to my mom and my dad who didn't raise me very well, or the fact that I didn't have a dad, or I didn't have a mom, or all of those things contribute to how I obviously contribute to how I am now, and how I see the world now. But it's really a question of origin, and the question of origin is answered in human nature. Why does man do what man does? Well, the Bible answers that, and in a very simple way, not a simplistic way, it's very deep, but in a simple way, simply says that man performs the activities that man performs because it's natural for that man or that woman to do those things. It's what is called a sin nature. See, man's problem is revealed to us in Scripture in a very basic way, and that is Romans 3.10, there's none righteous, no, not one. Or Romans 3.23, all have sinned and fall short of the glory of God. I have a sin nature, and the result of possessing a nature prone to sin is enslavement, enslavement. Now some people are enslaved and seem to feel that it's not that bad, it's just the way they are. There are other people who in their more sober, more aware moments might even cry out and say, I am a slave. I know that just before I got saved in the season, just before I got saved, that I actually began to not like what I was doing. Before I just accepted it as just part of who I am and an expression of who I am, I was just being real, like a lot of people. I'm just, this is who I am.  Well that's how most of us are. He's more transparent, but that's really the way most of us are.  But in your mind you're saying, die, maggot, because you're not happy that they said that about you, right? You just smile, I mean it's a Christian thing to do, right? But it's a nature, and when you really get to the point where you understand that you're miserable because of a nature that is prone to evil, kind of like what Paul could say, oh wretched man who will deliver me from this body of sin. When you awaken to the reality that you are a slave, that's your first step to freedom. Just before I got saved, I can still remember on occasions, not every day, not every moment, but on occasions, just before I got saved. I can remember just, and I hadn't prayed in so long, but I can remember praying, God help me. There is something really wrong with me. God help me. I still remember that as an unbeliever. Somebody has to help me. I wasn't one prone to prayer. I didn't pray.   He's a crutch to you, and I don't need the crutch that you seem to be falling on constantly. So she'd say, I'm praying for you, and I would say to my mom, just keep your prayers for yourself. Pray for yourself. Pray for other people. Just leave me out of your conversations with your God. And that's how I was. Some of you are the same way.  I'm doing fine, and I don't need your help. I did not see myself in need of help of any sort. I'm doing fine. I'll grow out of the things that I'm doing that are making me miserable. And I thought that way for a long time. And then I started realizing how I was tearing people up. I started realizing that I, that I was addicted to alcohol. I began to realize that, that I was abusing drugs. I began to realize that I couldn't maintain a relationship with even friends, even buddies. I couldn't even have friendships with people because I would use them or they would use me. And I couldn't have a relationship with a young woman because no young woman with any kind of self-respect would stay with me very long. Because I was abusive. I was an angry, possessive, jealous young man. And finally, I can still remember getting to the point where I started crying out to God saying, God, you got to help me. There is something, something wrong with me. It was right around the same time that I was arrested for an alcohol related accident. And they put me in jail in Norwalk at the substation there in Norwalk, Sheriff's station. And that bus came the next morning, picked me up and took me to Alley County. My dad came and picked me up and took me out of jail. And as I was driving home with him, I was smoking one cigarette after another and, and I turned to my dad and I said, I'm sick, I'm sick. My dad sent me to a psychiatrist to try and get me well. That didn't work. I kept spiraling, spiraling. I kept going down further and further and further and the anger and all of that kept coming up more and more. And that's when I finally started saying, God, you got to help me. There is something, something wrong with me. And you know what the Bible says it is? It's slavery, slavery to sin. In the book of Romans in chapter six verse 16, the apostle Paul said it like this.  Whether you are slaves to sin, which leads to death or to obedience, which leads to righteousness. Don't you know that? Don't you know that whatever that thing is that is controlling you has made you a slave? Don't you understand that is what Paul is saying.  It owns you. Speak to the alcoholic when he's sober and ask him, do you like the life that you're living? Do you like waking up in the backyard? Do you like waking up in sheds? Do you like waking up with puke all over your face? See, I've been there. I know what I'm talking about. I have been there. I was in jail. I got arrested for alcohol. You know, I was drunk in public and they threw me in a cell and I was in again, Norwalk. It became my home away from home. I was at the sheriff's substation in Norwalk. My friend Bill is seated on a bench there in the cell. I was so drunk I couldn't even sit on the bench. I was laying and he was seated over me, vomiting on my face. Do you see that in any beer commercials?  No, they don't ever show you that, do they? And I'm laying there and Bill is sitting there. And I remember looking up, Bill, stop it, man. Stop it. I couldn't move. I was so drunk I couldn't move. Stop it, man. Stop it. And he goes, I can't. And the cops were coming looking. I can remember him saying, hey, you guys got to see this. Yeah, that's good. Give me another. That's slavery. You know, we laugh about it when we can. There's a humor to it and all of that is part of the reason I bring it up because there's a humor to it. But who wants that as a way of life? And that was when I was 16. It got worse. I got worse. I got worse.  Don't you know that to whom you yield yourself as slaves to obey that's what rules you. And Jesus came to set captives free. That's what he came to do. And so he would not have us, he would not have us remain in such a way. You see, if left to ourselves we will reap the consequences of living a life without him. In Romans 6 23 it says the wages of sin is death, but the gift of God is eternal life in Christ Jesus, our Lord. It is appointed unto men to die once, not many times. It is appointed unto men to die once and after this judgment. So the heart of the gospel, the heart of the gospel is the message that God did not leave us helpless. The heart of the gospel is that God sent his Son for us. Jesus in Luke 19 verse 10 said it like this. He said, the Son of man has come to seek and to save that which was lost. The apostle Paul is somebody that we are very familiar with. He wrote a good portion of the New Testament and Paul when he would speak concerning himself never really tried to clean up his testimony. As a matter of fact, he was very honest and open about it. This is a faithful saying worthy of all acceptation that Christ Jesus came into the world to save sinners of whom I am chief, of whom I am the worst.  I persecuted the church unto death. I breathed out threatenings against this way and I took people who believed in Christ and I put them in chains and I stood as witness against them and I made sure that they died. And yet God demonstrated his grace toward me. You see, Jesus is speaking of judgment and he's speaking of the judgment of these cities and yet at the same time his desire is for them to be saved. It's like what it says in Ezekiel 3311 saying to them as I live, says the Lord God, I have no pleasure in the death of the wicked but that the wicked turn from his way and live. Then he goes on to say turn, turn from your evil ways.  Oh house of Israel. The Lord is not slow in keeping his promise as some understand slowness. He's patient with you, not wanting anyone to perish but everyone to come to repentance. How many times did you have a near death experience?  We were on the five freeway. I was 17 years old. We're driving from Hollywood back to Norwalk where I lived and my friends lived. We were in a 1965 Mustang Fastback. I had dropped some reds so I was pretty loaded. And as we were in the slow lane coming from Hollywood towards Norwalk, we were hit from behind by a driver. The estimated speed of the vehicle hitting us was 100 miles an hour, lifted up the rear end of the Mustang. I flew into the front windshield and ended up on the floorboard underneath the dash. My friend Nick who was driving swerved across lanes into the fast lane and shot back into the slow lane and hobbled off to the side of the road. I thought I went blind. I remember looking around saying, I can't see. I can't see. My friend Bill says, put on your glasses. Oh, oh no, it's a miracle. And I could have died. Those kinds of things happen more than once. Could have died. But God is gracious. He has long suffering, not willing that any should perish but that all should come to repentance. God's desires for people to be saved. God's love is clear and it's clearly revealed. And it was most clearly revealed through Jesus entering into the world to demonstrate the love of God. That's what Romans 5.8 says. God demonstrated his love toward us and that while we were yet sinners Christ died for us. God demonstrated. It's one thing for me to say, oh baby, I love you. It's another thing for me to demonstrate my love by laying my life down for her. God says, I love you. And I demonstrated it as my son laid his life down for you. 1 John 4 9 and 10. This is how God showed his love among us. He sent his one and only son into the world that we might live through him. This is love. Not that we loved God, but that he loved us and sent his son as an atoning sacrifice for our sins. It's not that we loved him. It's that he loved us. How do you learn to love? Love is demonstrated and God demonstrated his love towards us. And so the love of God, the love of God is revealed to us in this passage and it's going to be revealed through an invitation. Jesus is about to give an invitation for people to be saved. That's your introduction. Let's look at this passage, verse 25. At that time, Jesus answered and said, I thank you Father, Lord of heaven and earth, because you have hidden these things from the wise and prudent and have revealed them to babes. Now notice with me, it simply says at that time. Matthew doesn't give the exact time, but Luke gives us insight into when this would have occurred. You see when you look at the Gospel of Luke, Luke records that Jesus had sent out 70 disciples to go before him into the cities that he would soon visit. Now we saw that already here in this chapter. That's what he had done with the 12 whom we saw were named apostles, but they were all sent out to do works of ministry even as Jesus himself sent out to minister. But Luke tells us that the 70 returned and were especially blessed about their ministry experiences. Mark tells us in chapter six, verses 12 and 13, they went out and preached that people should repent and they cast out many demons anointed with oil, many who were sick and healed them. So they had gone out, they had preached, they administered, God moved through them. They were excited that demons were subject to them in Jesus' name and that's what they came back telling him because in Luke 10 they're giving to Jesus a sense of what had taken place and they're very excited and they even went so far as to say even the spirits are subject to us, even the demons themselves. Remember with me when we were looking in this chapter, remember with me how Jesus had given them authority and actually given them a mission and he said cast out demons and so they come back and they say even the spirits are subject to us. We're excited about that. What's interesting is even as they said they're subject to us in your name that Jesus responds by saying in Luke chapter 10, verses 19 and 20, behold I give you the authority to trample on serpents and scorpions and over all the power of the enemy nothing shall by any means hurt you. Nevertheless, do not rejoice in this that the spirits are subject to you, but rather rejoice because your names are written in heaven. Do you want to rejoice? Don't rejoice because you cast out demons. Rejoice because you're going to heaven. Rejoice that your names are written in heaven. You want to have eternal joy. It isn't simply going to be because you have power and authority here on earth. It's because you have a home waiting for you that is beyond anything you can imagine and so that leads up to this portion of scripture because Jesus is issuing an invitation and he's issuing an invitation to all who would come. That would, by the way, include the cities that he reproached and rebuked. People from Korotzin, people from Betsaida, people from Capernaum are still being invited as well as the rest of mankind. So he begins here in verse 25 by praying, I thank you father, Lord of heaven and earth. Now Matthew says that Jesus answered and said when he says that that Jesus answered and said it simply is another way of saying Jesus spoke out openly. It isn't that he's answering a question. It's simply that it's a manner of saying that he's openly speaking and this is what he says. He says I thank you father, Lord of heaven and earth. Well when he says I thank you father that reveals that he has a unique relationship with God in that God is his father. When you look in the Gospel of Luke in chapter 1 verse 35 and the angel is speaking to Mary who has just been informed that she is going to conceive and give birth, the angel answered and said to her the Holy Spirit will come upon you, the power of the highest will overshadow you, therefore also that holy one who is to be born will be called the Son of God. So Jesus Christ is the Son of God. God has a Son, his name is Jesus. But it also reveals to us that his father is also our father and our father is the Lord of heaven and earth. So because our father is the Lord of heaven and earth we should rejoice because our names are written in heaven. But he is the Lord of heaven and earth, our father. In Deuteronomy 10 verse 14 it reads indeed heaven and the highest heavens belong to the Lord your God also the earth with all that is in it. So on 24 verse 1 the earth is the Lord's and all its fullness the world and those who dwell therein. So this is the Lord of heaven and earth this is the God who saves and as he's praying he says in verse 25 you have hidden these things from the wise and prudent and have revealed them to babes you have hidden that word hidden means to conceal or keep something secret you have concealed or kept something secret you have hidden these things from the wise the word wise speaks of those who are skilled in letters those whom we would today refer to as the cultivated or the learned it could also speak of somebody who's got their PhD or whatever it's somebody who's very cultivated very intellectual very very instructed so he speaks of the wise those are skilled as well as the prudent the word prudent speaks of the intelligent those who are with with understanding he's saying you have kept your secrets from the wise and the prudent what do you mean by that you have kept your secrets from the spiritually proud of the world people very often when they're highly educated in such a manner as Jesus is speaking have no time for God because they think that God it's nonsense to believe in God well-known atheist wrote a book called the God delusion some of you perhaps read it or have heard of it the God delusion Richard Dawkins and basically in the book it's reported that he says religion is all pretty much the same but it was recently at least I read a report that Dawkins recently said something to you fact that in making that comment at the time that he wrote it you really didn't consider and I'm basically amplifying what I read differences in religion me basically at one point thought they're pretty much all the same it's all a delusion but then he went on to say and I read this quotation from him and I'm summarizing it that Christianity isn't like other religions because there's a there's a benevolence within it that you don't find in other religions a benevolence is what we would call charity charity is also defined as love and indeed he who loves not knows not God for God is love and so within the confines of Christianity are the seeds a behavior that is benevolent loving and caring to the point that the Christian church developed hospitals and places for lepers and colleges and you name it a variety of things that were really begun as charitable outreach as missions of believers and Dawkins said you know in that Christianity is much different than what he sees and he said this what I see in the religion of Islam it's an entirely different kind of thing but you see even this these intellectually proud even the spiritually proud you know they don't necessarily see the essence of what this is all about and thus if they do something good well very often take credit for it in 1st Corinthians though Paul was speaking to the church of Corinth then he said in chapter 1 verses 26 through 29 remember dear brothers and sisters that few of you were wise in the world's eyes or powerful or wealthy when God called you instead God deliberately chose things the world considers foolish in order to shame those who think they are wise and he chose those who are powerless to shame those who are powerful God chose things despised by the world things counted as nothing at all and used them to bring to nothing what the world considers important so that no one can ever boast in the presence of God so God reveals himself you have kept your secrets from the spiritually proud of the world but you've revealed these things unto babes now Isaiah says in chapter 45 verse 15 and truly you are a God that hides yourself oh God of Israel the savior you see if God did not reveal himself to us we'd never be able to discover him on our own in Job's book in chapter 11 verses 7 through 9 we read can you search out the deep things of God can you find out the limits of the almighty they are higher than heaven what can you do deeper than shield what can you know their measure is longer than the earth and broader than the sea what do you know they ever spoken to a four-year-old who wants to lecture you about what life is all about if you ever I have I raised four I have grandchildren to this day they get to a certain age where they have to tell me what life is all about they have to explain to me and one of my grand babies even wants to argue on occasion with me I think it's very cute I really do I think it's very cute oh so you know you really know well yes I'm I know these things you really do baby okay well it's interesting just like your mama but you know as humorous as I find it as an adult man speaking to a grandchild we do the same thing to God and that's why we read who are you can you search out these things do you know these deep things are you able to instruct God about these things who are you and yet we have this puny little fist that we hold in the face of God and we say to him you can't do this you're not this we do that by nature in Romans 11 33 oh the depth of the riches both of the wisdom and knowledge of God how unsearchable are his judgment and his ways past finding out so God is merciful and thus God reveals himself to us he's made a way for us to know him and he chose to reveal himself to us through his son long ago God spoke many times and in many ways who are ancestors through the prophets but now he says in these final days he has spoken to us through his son he reveals himself why because man does not naturally seek out God Romans 3 11 says there's no one who understands and no one who seeks God from the Garden of Eden to the Book of Revelation it's God that you see calling out to man you read Genesis the first book of the Bible God gives specific instructions that Adam and Eve do not obey satan comes tempts Eve asks the question has God said and then they begin to have a discussion ultimately she takes of this forbidden fruit she eats of it her eyes are open she gives it to her husband he eats they both eat and their eyes are open to good and evil God's presence is sensed in the garden God is walking Adam has fashioned fig leaves they're hiding then then you read how that the voice of the Lord calls out and says Adam where are you now when you read that you may be thinking that God is angry and God is is almost shouting with an angry tone but when you look at that passage you know its context and you look into the original language and you see the voice it isn't the voice of a an angry arresting officer come out with their hands up it's the voice of a broken hearted father who's lost a child i was maybe about eight we went to a park my family mom dad my brother and two sisters while we were at this park in another place i don't even remember where it was it wasn't in our the city i grew up in it was somewhere else i don't remember all i remember is my mom had said to me watch your sister i had a two-year-old sister named becky at that time i was eight but i being an eight-year-old i began to do other things i lost sight of her didn't think about it my mom says to me where's your sister i asked you to keep an eye on her i didn't know i still remember running around in this park about eight years old running around a park and i used to call her her name is rebecca but i used to call her baby becca that was her name i still call her that baby becca becca and i ran around and i still remember crying yelling baby becca baby becca i was i was a little like i didn't want to get too far from my parents i didn't want to end up lost myself but at the same time it was night it had darkened well my mom and dad had sent her off with one of my aunts mama thought she was teaching me a lesson probably wasn't the best thing you could do to an eight-year-old i have to think out loud right now thus i'm going to therapy over this mama hated me wanted to teach me a lesson but i still remember the tone of my voice even to this day crying out brokenhearted calling out where are you to someone lost that's the voice that god has in the garden adam where are you adam where are you brokenhearted father it's not that that god saying man you've hidden in such a great way i couldn't find you and i'm god i mean my kids when they were kids you know their babies they would play hide and seek they always hidden the same place they always did the same thing they hide by the the couch and they'd find a blanket and they put it over themselves and i would walk into the front room and i would say where are you where are you i can't find you and i'd stand right next to them they'd be right there i can't find you i mean i remember joseph my son in the center of the front room with a blanket over him and i'm walking around him where oh i'd say to me honey i said i can't find him he's giggling underneath the it's nothing like that i mean it's like god isn't saying those fig leaves man those fig leaves are effective i can't even find you where are you why was god saying where are you he was saying where are you not because he didn't know where he was he was saying that because adam needed to know where he was that's conviction where are you i had commanded you not to do something you listen to the voice of the enemy and you did it anyway adam now where are you the word of god says do this and don't do this you have violated it where are you where are you what happened to your marriage what happened to your children what happened to your life what happened to the drugs that you're now addicted to how that happened the alcohol the violence where are you god still asked that where are you you rejected him you're going to make your own path you're going to go your own way you're going to do your own thing you're going to be where are you what happened from genesis to revelation in revelation 20 the spirit and the bride say come let each one who hears them say come let the thirsty one come anyone who wants to let them come and drink the water of life without charge come the invitation continues revealed them to babes the word babe there in verse 25 speaks of a nursing baby a nursing baby is a picture of somebody that is helpless and dependent god blesses those who recognize their utter dependence on him in isaia 57 15 this is what the high and lofty one says he who lives forever whose name is holy i live in a high and holy place but also with him who is contrite and lowly in spirit to revive the spirit of the lowly and to revive the heart of the contrite i live in a high and holy place but i'll live with you too i'll live with you too these are the ones who are humble and dependent i will enter into your life even so verse 26 father so it seemed good in your sight it seemed good in your sight the gospel of grace brings glory to the lord all things verse 27 have been delivered to me by my father no one knows the son except the father nor does anyone know the father except the son and he to whom the son wills to reveal him all things all authority all sovereignty all truth all power come from his father and jesus exercises it with this authority and power he cast out demons he cleanses lepers he heals the sick he calms the storm and with this he welcomes outcasts the person in need of salvation can come to the lord jesus christ because he has the power to forgive sins he has all the authority and everything that anybody will ever need it is the lord god who gives peace who gives joy who gives love it's the lord god who gives spiritual light and the bible teaches us it is the lord god who through jesus christ gives eternal life no one knows the son except the father no human being could know jesus our minds cannot grasp who he is but god and god knows him quite obviously 1 Corinthians 2 11 says who among men knows the thoughts of a man except the man's spirit within him in the same way no one knows the thoughts of god except the spirit of god and so no one knows the son except the father in verse 27 and he to whom the son wills to reveal him the natural man receives not the things of the spirit of god for they are foolishness unto him neither can he know them for they are spiritually discerned 1 Corinthians 2 14 the natural man is the unspiritual man the unregenerated man the person who has never been born again the natural man receives the word receive speaks of welcoming the natural man does not welcome the things of the spirit of god why they're foolishness to him the word foolishness is a word that you can use for moronic or imbecilic it makes absolutely no sense the natural man receives not it doesn't welcome the things of the spirit of god for they are moronic to him they make no sense neither can he know them for they are spiritually discerned it requires the holy spirit to awaken us within so that we can receive what god has to say and understand it it's one thing for me to say i know something i can intellectually know certain things that's another thing for me to be able to say i have experienced these things i have experiential knowledge of these things and thus i know them in a deeper way no one could have an experiential knowledge of god unless the holy spirit enlightens them to that and the way that happens is by coming to faith to christ in john 644 no one can come to me unless the father who sent me draws him and i will raise him up the last day and then he gives this amazing invitation come to me all you who labor and are heavy laden and i will give you rest take my yoke upon you learn from me for i am gentle and lowly in heart and you will find rest for your souls for my yoke is easy my burden is light come unto me jesus gives an invitation if you come to me i will give you rest cease striving to achieve what you cannot have without me in ecclesiastes 2 verses 22 and 23 we read what does a man get for all the toil and anxious striving with which he labors under the sun all his days his work is pain and grief even at night his mind does not rest this too is meaningless the more you have the more you try to take care of it the more you have the more you can look at it as being a symbol of your success and ultimately we leave everything behind life can be filled with vanity and meaninglessness if you're not putting the lord first if you're not seeking first the kingdom of god in his righteousness that's what jesus taught us so we cannot ever in any other way other than through faith in christ have that which we desire the most and this can happen when you understand that jesus will forgive you of your sins peace can occur when you yield to the lord and say god be merciful to me i'm a sinner and the invitation is for all notice who labor that word labor speaks of the one who is utterly exhausted from work and he speaks of those who are heavy laden the word heavy laden is a picture of somebody carrying a great weight your sin my sin our sin weighs us down i mentioned it earlier one of the things the lord used to draw me to faith in christ was when i finally realized that the burden that i was carrying was weighing me down i just couldn't take it any more and i was only 20 years old i just i would cry out to the lord i started doing it i'd say god help me i heard every person i heard every person who says they love me everyone i was drafted i was supposed to go into the military my induction date was august 25th 1970 i was born august 23rd i have a friend of mine who was born right around the same time we decided to have a birthday party together on august 24th we invited our friends and we partied on august 24th into august 25th we just partied all all evening into the next day i went home i was just down the street and we were drinking and smoking pot and not all and and i remember coming home and i had a car that was parked on the side of the house where my parents lived and i climbed inside the car and i had two friends and we continued smoking marijuana and i was really really really loaded and and my mom had left the kitchen light on and she had left the light on so when i'd come home and and all and so i was seated in my car looking at the window and i could see my mom as she was looking outside trying to see her son where's my son it was two in the morning it got to be three in the morning when the light finally was turned off and when the light was turned off i had turned to my friends earlier and i said there's my mom looking for me she doesn't even know i'm right here in this car smoking pot and party and she doesn't even know it and we laughed amongst ourselves as we continued getting loaded and when that light finally went off i said goodbye to my friends we that old handshake and that bro hug and off they went and i stumbled on into the house and i crept quietly into my bedroom and i closed the door it was three in the morning i laid down i woke up two and a half hours later at 5 30 because i had to go into the induction center in los angeles i came walking from my bedroom through the front room to the kitchen when i arrived in the kitchen my father my mom and my two sisters were standing there in the kitchen my sisters and my mom were weeping my mom looks at me and says when your brother went into the service he slept between your dad and me you didn't even come home you couldn't come home one one night david my dad had this real strong angry look in his face and i looked at my mom and i said so what so what i'm leaving i won't be back for a couple years so what i'm out of the house you won't have me to worry about anymore so what my dad just shook his head i still remember it and he put me in his little truck drove me to la to this induction center didn't say a word to me i didn't say a word to him i still remember rolling up to the induction center my dad looking at me has nothing to say hands me ten dollars he says i hope you make it there's something like that and i looked at him i said yeah later i climb out i walk in i got rejected from the military that day because i had burglarized the jewelry store they hadn't removed that from my record one of my friends gary was also rejected that day and he had a lid he had he had um marijuana and i had ten bucks he had a lid we went to just down the street went to a restaurant smoked some pot i paid for the breakfast for my dad's ten dollars he called my friend rick rick came picked us up drove us home i go walking into the house my dad is standing there when i walk in he says you're supposed to be in the army and i'm loaded i've been i was smoking pot i walked in i said yeah i said even the army doesn't want me and i laughed and i went slept it off in my room that's the kind of person that's the kind of son i was spent my dad's ten bucks got loaded and got worse the last month before i got saved i weighed 173 pounds i went down to 145 because i stopped eating i just was drinking and smoking pot for the last month and i dropped almost 30 pounds i just didn't eat i was partying and partying and partying and partying that's what i did that's how i lived and then one day i said to god i cannot do this anymore i'm hurting every person who says they love me every person who says they love me i can't do this god god i need your help and that's when i heard the gospel and that's when i finally said i surrender that's when i heard jesus say come on to me all you who labor and are heavy laden i will give you rest i will give you rest that's what the lord promises and that's what he does i was carrying and so were you a heavy weight i say a four rather i say a one verse four says sinful nation a people loaded with guilt a brood of evildoers children given to corruption they have forsaken the lord they have spurned the holy one of israel turned their backs on him this heavy laden this life that is laden with sin and guilt leads to a very very hard life but jesus said in verse 28 i'll give you rest that word rest means to revive it's reviving as from labor or from a long journey he's saying your life's journey will be over because you are settled and now you can rest in me then he goes on to say take my yoke upon you learn from me i am gentle and lowly in heart you will find rest for your souls for my yoke is easy my burden is light when he says take my yoke the word yoke is a rabbinic term the yoke represents the sum total of obligations that a person must take upon himself you have the yoke of the law the yoke of the commandments even the yoke of the kingdom of heaven but their yoke was a great burden they couldn't bear it they couldn't succeed but jesus sets us free because he came to fulfill the line he did so on our behalf and when we come to faith in him we are set free from our own efforts and we can rest in him i can't do it one of the most difficult things you're going to find yourself is if you're trying to make yourself into a good person you can't do it you might make yourself a better sinner but you're not going to make yourself a redeemed sinner you can make all these resolutions it's january everybody made them i'm going to do this and i'm going to do that those resolutions are usually broken by february that's what happens i'm going to do this i'm going to get in shape i'm going to eat less nah maybe today that's how it works and and when you're trying to make yourself righteous it never never will work and that's why jesus said take my yoke upon you learn from me when he says take my yoke it's a yoke that brings freedom in in galatians five verse one it is for freedom that christ has set us free stand firm then do not let yourselves be burned again with a yoke of slavery jesus said take my yoke when the the ox was being broken into a yoke was a yoke become capable of wearing a yoke the younger ox would be placed next to the older one the older one had already gotten used to the yoke and had been broken and was wearing the yoke but the younger one didn't know what it felt like to have this yoke upon their shoulders and all and so they would put the younger ox with the older one and the older one basically did all the work while the younger one walked alongside jesus says take my yoke upon you my burden's light my yoke is easy it's not going to chafe you it's not going to cause you pain my yoke is constructed out of kindness and the burden that which i require is not too heavy that which i require is for you to turn from your sin and come to me it's interesting how on one hand he is saying to these cities you're going to suffer judgment because you didn't come to me and yet on the other hand you see i'm saying and yet there's an invitation coming to me all you who labor in a heavy laden that would include the cities of korotzine and cupurnium in betzahedah my yoke is constructed out of kindness and i'm still inviting you to come and then when you come to faith in christ first john five three says this is the love of god that we keep his commandments and his commandments are not burdensome they aren't heavy they don't cause burdens we just love him and when we love him and walk in his grace we have his peace and his joy when we stop trying to make ourselves into his image and simply fall in love with him and walk in his grace and walk by faith then we understand what true freedom is and then we can wear this yoke this yoke of freedom that comes through faith in christ


Hello and welcome to the vlogmas. It's day 20. I am at home. My house is still a mess, but who cares? It's a vlog, right? It's not about perfection. It's about being real, right? Okay, real talk. We have to discuss, we need to discuss all of the comings and goings last night.  So anyway, last night the uncle came over, charged the car with the like battery charger thingamajig, worked like a charm. So that worked out really, really nicely and car started up perfectly this morning. So that was exciting and car started up just fine when I left the office as well. So that was good because I was kind of like saying a little prayer to the engine gods when that was happening, to be honest. And yeah, so that's what happened last night and I, or last night's slash this morning, I guess. So I was very, very excited about that.  I need to just get rid of the mess. I don't need this right now.  So anyway, I was trying to say, I just don't have any more places to put any more things because I've got like giveaway stuff that's happening after the new year that I have with me. And like, I just, I've got nowhere to put anything. So tonight is the night of all the extravagance. That being said, I have to make some things because I'm making my taco dip on Christmas ish. Like what is it Christmas Eve Eve? That's what it is. So I'm making my dip. So I need my turkey taco thingamajig. I also need to bring some of this lettuce. I have to like separate, well, I don't have to, but like I like to separate it out into containers for the office because that's where I'm going. I'm sorry if I'm making all of you dizzy because I'm sure I am. And yeah, that's just how it's going to be today. Sorry guys. Sorry, sorry. But oh well. And yeah, I like to separate everything out in containers. So I like know I have everything because the taco dip is like a layered situation. But yeah, and I've got to remember all my containers, not my containers, but all of my platters and stuff. Oh, P.S. My friend Kristin sent me something and she's like, yeah, you're going to get something in the mail from Vermont. And I'm like, well, I don't think I know anybody in Vermont, but okay. And so this is what she ordered me to put on my car. Can you guys see that? It's kind of hard to see. It's fricking doile, y'all. It's fricking doile. You can see it in person a lot better, but you have to like peel it off and then like put it on the back of your car or like wherever. So funny, right? I knew she had some for her sheba. She's got two shebas. And I commented and I'm like, oh my God, Doyle needs that. And then she bought it for Doyle. So thank you, Kristin. I love it. I'm going to text her in a little while and I'll let her know that I got it because she was asking me about it yesterday. She's like, should get something from Vermont? I'm like, no, what would I need in Vermont? Like, they've got amazing things in Vermont. I'm sure I've just never been. So I don't know what you're talking about. So yeah, that's what's up. So anyway, I'm going to go for now. I might just like open up the cabinet and just like start talking and talking. Maybe I shouldn't talk today, you guys, because holy bajolies. I'm losing it. But I need to, I have got two of these containers of turkey because I'm doing a lot of things over the weekend and I need a bunch of ground turkey. So that's happening. But yeah, I'm gonna stop rambling and turn on some hip barbecue and start making some meat. So I will see you guys in a little bit. All right, so this is going to be a really short vlog because it's the end of the night and several hours later, I've got my dishwasher going and all the food in the fridge has been prepped. So let's see here. You guys can't really see that well, but pretty much everything in this column all the way back needs to go with me tomorrow. So yeah, and I'm not going to forget my wine, or no, not wine. I'm sorry. It's in a wine tote. Chazz, huh? This bad boy is some, I think it's Smirnoff vodka because we're doing a gift exchange at the office and it was highly suggested that everybody get alcohol. So I got alcohol. So that's going to happen. So I've got everything kind of ready to go, but obviously everything that doesn't need to be refrigerated is in here and then I will just pack up everything tomorrow. So we should be good to go. But I'm going to say good night right now. I am almost ready for bed. The doodle is right here. I need to like put his food in his little food bin. Hi bud.  Anyway, but I'm going to jet. Thank you guys so much for watching. If you liked it, feel free to thumbs up the video, subscribe, do all those things those YouTubers tell you to do. And I will see you guys in the next video. Bye guys.


Income tax 2023-2024. A cruel method. Get ready and some coffee so we can avoid the government forcing us to move into a shack with income tax preparation 2023-2024. Most of this information can be found in publication. First, a word from our sponsor. 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trimmed it down a bit okay it's an improvement if you would like a commercial free experience consider subscribing to our website at accounting instruction dot com or accounting instruction dot think of it dot com and three three four tax guide for small business for individuals who use schedule c tax year 2023 which you can find on the iris website at iris dot gov iris dot gov looking at the income tax formula noting the first half of the income tax formulas basically an income statement most income statements having income minus expenses resulting in net income here having income minus deductions resulting in taxable income the sole proprietorship schedule c ultimately rolling into the income line noting that the schedule c itself is also basically an income statement having business income minus business expenses otherwise known as business deductions resulting in in essence net business income rolling from the schedule c to line one income of the equation represented by the form 1040 first page of the form 1040 here the schedule c ultimately rolling into line eight additional income from schedule one this is the schedule one additional income and adjustments part number one schedule c rolling into line three business income or loss from the schedule c here is a schedule c profit or loss from business having a p&l profit and loss or income statement format where we have income minus the expenses or business deductions we've been talking about accounting methods realizing once again the schedule c is basically a form of financial statement the major two financial statements being balance sheet income statement it makes sense to have the income statement on a tax return which is calculating taxes on a cap on a federal income tax based system and we're going to be taxing people based on the net income so how do we get down to the net income well we're going to have to categorize and record the income minus the expenses the easiest way to do that is to follow the cash typically which would be a cashed based system we talked about last time now the cashed based system is something that will typically be used for individual income taxes for most deductions other than the schedule c such as the schedule a itemized deductions or schedule one deductions however on the schedule c we could still elect to do a cashed based system if appropriate or we might choose the accrual based system when we think about bookkeeping for a business we typically think about large businesses and those publicly traded businesses are usually not going to be on an accrual based system a bit more difficult system to work with sometimes but more accurate and in those cases we have auditors companies that audit the publicly traded companies to make sure that their financial statements balance sheet income statement are recorded properly when we have taxes on a sole proprietorship we don't have separate companies that come in and audit which is one of the reasons you might choose the simple method like the cashed based method however the accrual based method is still is still fairly easy to use and might be more appropriate particularly in some instances where you have to use accrual components such as if you have inventory because recording inventory as an asset and tracking it is an accrual thing to do if you track accounts receivable you invoice clients tracking accounts receivable you are doing an accrual thing when you invoice because usually you're recording revenue at that point in time if you track accounts payable less common for small businesses but mid to large businesses will have have accounts payable accounts payable is an accrual based account so if any of those kind of fit into your accounting or bookkeeping system inventory accounts receivable or accounts payable you might want to think about whether or not you should be on an accrual basis rather than a cash based method or possibly some hybrid between the two of them okay so under and accrual method of accounting you generally report income in the year earned and deduct capitalized expenses in the year incurred i should say deduct or capitalized expenses in the year incurred so in other words on the cashed based system we saw that cat that revenue will be recorded when we receive the cash which is usually pretty close to the same point in time that we earned it so that's why the cash based system kind of works because those two things are pretty close in time frame on the accrual based system on when we think about income we're going to be recording the income when we earned it so if we were at a food truck store for example or if we sold something at a food truck when we sell something we get paid at the same point in time note that both the cash based system and accrual based system will record income at the same time but if the time frame is different that's when that's when the two methods come into play and you can see the differences if you're an accountant or lawyer for example and you build the client for the work that you did in the past increase in accounts receivable recording revenue at the point in time that you invoice now you're recording revenue when you made the invoice on an accrual based method and when you receive the cash in the future typically you wouldn't record revenue again that's usually when you would be on an accrual based system if you were on a cashed based system in that case you wouldn't record the cash or the income until you got the cash similarly on the expense side of things we might go into more scenarios shortly with that so the purpose of an accrual method of accounting is to match income and expenses in the correct year so this is considered to be the best standard for matching up the income and expenses in the proper years which is the best for measuring performance and being able to compare year over year comparisons as well as current company information to other related companies if we want to benchmark which is the reason the accrual method is used for publicly traded companies to be as transparent as possible so investors can make accurate comparisons year over year and with the current year to prior years in the in the current company and other businesses so income general rule under the accrual method you generally include an amount in your gross income for the tax year in which all events that fix your right to receive the income have occurred and you can determine the amount with reasonable accuracy so if you're going to say on the income side I'm going to record income not when I get the cash but basically when I did the work the cashed based system you can see is easier because then I just say well I hit the bank account basically there are exceptions and people try to manipulate that but you can see it's very it's fairly easy but on the accrual side then the questions well when exactly do we record it the general rule is when you've earned it but you can imagine all kind of situations where that can that can be a little bit more complex in terms of when you've actually earned it from a bookkeeping standpoint if you use QuickBooks for example a kind of business that does the work first and bills the client or invoices the client will typically be using an accrual system because the invoice is recording income when you build them and you haven't yet received the cash so if you have accounts receivable you're basically doing an accrual thing for the most part so let's go over this for tax year in which all the events that fix your right to receive the income have occurred and you determine the amount with reasonable accuracy so you've done the work in essence and you can determine the amount of income so for a tax for a taxpayer with an applicable financial statement or other financial statement as the secretary may specify the all events test for an item of gross income is considered met no later than when taken into account in an applicable financial statement or such other financial statement so let's look at an example you are a calendar year accrual method taxpayer you sold a computer on December 28th 2023 so if we sell inventory then when has the work been done when we when we have given away the inventory right either when we shipped it possibly that if it's still if it's claimed to be the owners at the point of shipping or is it the point in time that the recipient receives it so you have that kind of issue with the cut with like inventory so you build the customer in the first week of January 2024 but you did not receive payment until February to February 2024 you must include the amount received for the computer in 2023 why because you sold the computer you did basically the work would be the general idea in 2023 quick logistics related note on this example before we move forward the general idea here being that we did the work before the cutoff date the cutoff date being the end of the year in this case December 31st 2023 work having been done December 28th 2023 but we didn't invoice or build the client until January 2024 after the cutoff date now realize that if we're using software like a quick books software to record our accounting we might basically be using an accrual system and still have a problem here in other words we might be saying when we invoice the client we're going to be recording an increase to accounts receivable at that point in time and record the revenue when we invoice or bill the client but in this case we didn't actually invoice or bill the client enter the invoice into the accounting system until January 2024 even though the work was done in December 28th 2023 so in other words even if your accounting system is set up on an accrual based system it still might not be perfectly aligned to a perfect accrual system because you could have these logistical issues which might be more easily seen if you had like a job cost system such as if you bill on a law firm for example in a law firm you might take all of your staff have them work then count the hours that they worked and then send out invoices for the time that they worked then when the invoices go out you increase to accounts receivable recording revenue at that time to be paid at a later point so even though you're doing an accrual process when you enter the invoice the work had actually been done in the prior month so from a pure accrual standpoint you should actually be pulling the revenue into the point in time the work was done which was prior to the point in time that the invoice was entered now this might not be a big issue for many small businesses but it's just something to kind of point out meaning if you have accounts receivable you're basically most likely using an accrual method if you're using accounting software but you could still have these cutoff issues in the case where you enter the invoice at a time frame after the time that the work was done so you might want to just be aware of that income special rules so the following are special rules that apply to advanced payments estimating income and changing a payment schedule for services so estimated income if you include a reasonably estimated amount in gross income and later determine the exact amount is different take the difference into account in the taxier in which you make the determination so we when we're trying to do an accrual method system we might have to estimate the income that we have and an estimate means that we're not going to be exact and then we might end up having to make a change do we need to go back to the prior year and make adjustments for the estimate not being exactly correct well the easy thing to do would be to make the change in the current year not amending the prior year change in payment schedule for services so if you perform services for a basic rate specified in a contract you must accrue the income at the basic rate even if you agreed to receive payments at a lower rate until you complete the services and then receive the difference so now you're talking about a payment schedule that has been put in place and some of this comes into play with specific types of industries so for example revenue recognition usually happens when we get the work done when we do the work which usually means when we when we actually did the service uh or like in a bookkeeping firm when we actually did the work of the bookkeeping or when we gave the inventory which in a normal retail stores when we give the inventory but if you have longer term job cost systems like in construction then you have a situation where the work's not going to be done possibly for a long period of time questions arise as to when should revenue be recognized and what's going to be the billing process for that revenue and that gets into some more complex issues in terms of revenue recognition those areas are specialty areas and as tax preparers you might want to then question and think about whether you want to take on those clients for specific job cost systems using possibly completed contract or percentage of completion method or that could be an area of specialty that other people don't have the the knowledge to take on that may possibly you do so advanced payments generally you report advanced payments as income in the year you receive the payment so now we have a situation where we're you're on an accrual based method and usually you don't record the the income until you earn it but what if you're doing bookkeeping work or something like that and you're going to and they pay you in advance they give you the money before you do the work well normally that would be recorded as unearned revenue a liability and under an accrual based method and you wouldn't record income until you actually have earned it but the IRS is good is taking it you know is likely to take a position to say hey look if you already got the money then you can afford to pay us the money right so the IRS might want now you got this prepayment situation where the IRS might be saying hey look if you've already got the money we want you to record it in income at that point in time so that you can and pay the taxes while you have the money right however if you receive an advanced payment you can elect to postpone including the advanced payment in income until the until the next tax year you cannot postpone including any payment beyond that tax year so for more information see publication 538 and section 451 now advanced payments are things that are that are not typical to every industry oftentimes so in other words most industries are going to get paid either at the same time they do the work like as a food truck or they're going to get paid after they do the work like a law firm then you bill someone and then they pay you later some places however you might have these advanced payments such as rental companies for example that rent apartments or something like that they're going to get possibly the last month rent first or something like that where they have a form of advanced payment you might have a newspaper sales or in this new day and age you have companies that are providing software so that might be a subscription model where you get paid in advance so the question is when do you have to recognize the revenue at the point in time that you got paid or should you be using the accrual method which means you shouldn't be recognizing the revenue until you have earned it so so if you're in one of those industries where you get money before you do the work then you want to think through a little bit more detailed how are you going to do your accounting because some people don't understand those accounting methods in general so you want to make sure that you understand your accounting and then are there any differences in your accounting or things you need to take into consideration with regards to tax preparation and the rules with relation to advanced payments because the IRS again is more likely to say if you get the money we want to get a piece of the money when you get it right so so although again you have this kind of exception right here so in any case expenses under an accrual method of accounting you generally deduct or capitalize business expense when both of the following apply number one all events test has been met the test has been met when a all events have occurred that fixed the fact of liability and b the liability can be determined with reasonable accuracy so now we're on the expense side of the income statement which are basically deductions those are the things that are bad for business we don't like expenses but for taxes they're good because they're deductions so so the iris is going to be more skeptical of course of increasing things like the expenses now on a cash based system it would be when we paid when money went out that would be the determining factor or the thing that would indicate that an expense happened although we saw rules on and exceptions of people trying to manipulate things on a cash based system on an accrual space based system it's basically when when you have when the work was done on the other person's side you receive the goods or services or have claimed to the goods or services right or you received the work that have been done so all of the events occurred that fixed the fact of liability meaning someone did work for you or gave you goods or services and that means there's a liability you owe them money whether you have paid them uh or not at that point in time number two economic performance has occurred so economic performance what is that you generally cannot deduct or capitalize business expense until economic performance occurs if your expense is for property or services provided to you or for your use of property economic performance occurs as the property or services are provided or as the property is used so if your expense is for property or services you provide to others economic performance occurs as you provide the property or services an exception allows certain recurring items to be treated as incurred during a tax year even though economic performance has not occurred so basically obviously when we're thinking about things that we are paying for we are you can we're doing this in terms of economics business for a business purpose in essence and you know we have to receive economic performance meaning they did something that's going to be useful for us that we're paying for for business reasons generally that's the general idea now realize that if you if you purchase something large fixed assets equipment then we don't expense it at the point in time that we receive it because we're going to use that fixed asset in order to generate revenue in the future so those are capitalization rules and then we have to put it on the books as an asset and use the depreciation rules to allocate the cost over the useful life of when we actually have used it that's the general accounting concept and we'll talk about depreciable assets in much more detail later so for more information on economic performance see economic performance under a cruel method in publication 5 3 8 example you are a calendar year taxpayer and use an accrual method of accounting you buy office supplies in december 2023 you receive the supplies and the bill in december but you pay the bill in january 2024 you can deduct the expenses in 2023 because all events that fix the fact of liability have occurred the amount of the liability could be reasonably determined and economic performance occurred in that year so your office supplies may qualify as a recurring expense in that case you can deduct them in 2023 even if the supplies are not delivered until 2024 when economic performance occurs all right let's break that out a little bit more detail you are a calendar year taxpayer and use an accrual method you buy office supplies in december so that's before the cutoff date which is the end of the year december 31st 2023 we bought them before december you receive the supplies and the bill in december but pay for the bill in january so now you've got the supplies which means economic performance has happened therefore you should be recording them you would think in 2023 because you received them before the date but you didn't record them until january you didn't pay the bill until january now let's just look at this from a logistics standpoint again most of the time when you buy stuff if you bought office supplies you might buy it online and have it shipped to you normally you're going to be paying for it at the point in time you order it these days right which means that you're that you're probably going to be recording it in your system at the point in time you order it you buy something online you're going to be ordering it and possibly paying for it either with a credit card or a cash payment at the that point in time which means it's going to be recorded in your accounting system uh when you actually pay it would be the general idea however uh and most small businesses that's how their payables work right they're going to buy stuff either on credit with a credit card or with their cash which means they're kind of on a cash based system for the most part and you'll be recording your expenses at the point in time you purchase it but if you're using accounts payable to buy things meaning the bill comes in you enter it in your system as accounts payable that you're not going to pay until a later point in time then the accounting system should account for that right because now you're going to put a bill which increases the expense typically and increases the liability which you would pay at a later point so if you're using accounts payable then again the accounting system should properly record this and you would be okay uh generally it's only a situation where for whatever reason you ordered the goods but didn't actually pay for them at the point of ordering them and then you receive them and then you entered the payment in january and hadn't entered anything into the accounting system before that that you that you could possibly run into this kind of problem where your normal bookkeeping system would kind of be incorrect so just to point that out kind of from a logistical uh standpoint most people small businesses logistically are kind of on a cash based system recording the things when they buy them right because they're going to be using possibly bank feeds or something if they're using like a quick books okay so keeping inventories when the production purchase or sale of merchandise is an income producing factor in your business you must generally take inventories into account at the beginning and end of your tax year unless you are a small business taxpayer now inventories of course complicate things because inventory in and of itself is an accrual thing and therefore when you put it on the books as an asset instead of expensing it when you purchase it you're doing something that's accrual related plus the irs is going to want a separate schedule to the schedule c which is the cost to goods count sold calculation which includes inventory which is why you need the beginning and inventory ending inventory to help you out with those calculations so if you must account for an inventory you must generally use an accrual method of accounting for your purchase and sale for more information you can see inventories later so if you have inventory then you want to think carefully as to whether you want to be on a cashed or accrual based system because you might have to in some cases be on an accrual based system and then think about how your accounting is going to work so that you can properly track your accounting of course and also deal with your tax needs which might include the cost of goods sold calculation and that's going to mean that you need to track at least beginning and ending inventory a special rule for related persons you cannot deduct expenses and interest owed to a related person who uses the cash method of accounting until you make payments and the corresponding amount is included in the related persons gross income so related person like family for example the iris is going to be skeptical that transactions are not arms length transactions and therefore manipulation will be taking place so determine the relationship for this rule as of the end of the tax year for which the expense or interest would otherwise be deductible if a deduction is not allowed under this rule the rule will continue to apply even if your relationship with the person ends before the expense or interest is includeable in the gross income of that person related persons include members of your immediate family including siblings other whole or half your either whole or half your spouse ancestors and lineal descendants for a list of other related persons see section 267 of the internal revenue code


This is stock number 11082. We are here at Summit Automotive in Fond du Lac, Wisconsin. You're new and used SUV headquarters. Today we are checking out this super clean 2018 Chevy Tahoe LS four wheel drive. This vehicle has a 5.3 liter V8 motor. It has been fully safety and inspected by our service shop. It has a fresh oil and filter change. All the fluids have been checked and topped off. And this vehicle is 100% ready to go. Satin steel metallic is the color on this vehicle. One of my favorite colors instantly when I saw it on the Tahoe's. G9K is the paint code. We shoot all of our videos in 1080p, 60 frames per second. So if you have HD capabilities on your computer, tablet, or smartphone device, turn them on right now because it is definitely your best way to check out the quality and condition of the vehicle before seeing it in person. And if you'd like to check out all the photos on this vehicle in the upper right hand part of your screen as a link to our website, click that and check us out there. It comes with the painted 18 inch alloy rims and it has Michelin Energy Saver 26565R18 tires on here. And these tires look like they have right around 50 to 60% of the tread left on them. Front fender is in excellent condition. I didn't see any dents or dings on that. It does come with the projector lamp headlamps and the LED running lights. Front bumper is in excellent shape. No dents or dings or cracks on that. Looks really good. Headlight lenses are nice and clear and you do get that nice chrome trimmed grille. The hood is in excellent shape as well. No dents or dings on that. And down the passenger side, very nice and clean. No dents or dings on that fender and the passenger side rim has no scuffs or scrapes. It comes with the factory running boards and as you go down this side of the Tahoe, take note of how clean the body is, how reflective and mirror like that paint is. We take these HD videos so if you are far away or even if you're close by and you just cannot make the trip down but you're still interested in purchasing the vehicle. You can see the vehicle, hear the vehicle, and have confidence in what you're looking at before you even get here. So that when you do get here, there's absolutely no surprises. And that's why we offer the Summit Auto FastPass option in the upper right hand part of your screen. A link right to our website where you can apply for financing, get pre-approved, see a payment quote, even appraise a trade, all from the comfort of your own home. So when you get here, all you gotta do is drive the vehicle, love it, knew we all set to go. Back tires have just as much tread as the front tires and I didn't see any scuffs or scrapes on that back rim. Coming around to the back of the vehicle, rear bumper, just as clean as the rest of the vehicle and it does have the back up parking sensors. The rear gate is in really nice condition as well and it does come with a full towing package which includes the receiver hitch and seven pin wiring. This is a manual raised gate. Back storage area is very, very clean. No rips or tears on the carpeting. You do get the side window antenna and those seats do fold up for even more storage. See the rear shocks are doing a nice job holding that gate up and it shuts nice and solid. It does have the flipper glass as well. So that goes up like so and you can see that the shocks are holding that up nicely too. As you go down this side of the vehicle just as clean as that passenger side, no dents or dings on that rear quarter. The fuel fill is a capitalist fuel fill, which is nice. Never get gas on your hands again. And for full disclosure, this back rim, no scuffs or scrapes on there. Rest of this side of the vehicle, very, very clean. This is a one owner vehicle, clean title history, clean auto check out of Pennsylvania. Power mirrors, built in driver side blind spot mirror.  Power driver seat, no rips or tears on that. It does have the 40, 20, 40 split bench seating in the front and the full bench in the back. Factory floor mats, auto headlamps, turned dial four wheel drive. You do get stability control, parking sensors, tilt, power windows, power locks and power mirrors. We'll hop inside and take a look at the miles and everything. You can see that this one has 24,809 miles on it. Instrument cluster is very nice and clean. Comes with the leather wrapped steering wheel. It's going to beep at me till I close that door. Leather wrapped steering wheel, Bluetooth and information center controls on the right. Cruise controls on the left. You get audio controls on the back of the steering wheel. This one comes with, I believe it's the six speed. If you ever don't know, want to check it out, just put it down to that low. Then you can hit the tap right here to see how many gears you have. As far as it goes up, that's how many gears you have. So this is a six speed automatic. You do get these Chevy MyLink radio, AM FM and Sirius XM radio capabilities on here. And then if you go back to that home screen, you can see of the projection, which allows you to connect your cell phone to the radio. And you can project your cell phone to the screen via Android Auto or Apple CarPlay. And if you've got a navigation system on your cell phone, you can project that to the screen. And then it's just like you have navigation on the screen there. There's also a hideaway spot behind that radio with a USB jack.  The rest of the dash and passenger side is in very nice shape. No rips or tears on there. This Tahoe smells very clean. I don't think it's ever been smoked in. The headliner is in great condition and it does have map lights up there. On-star capabilities in the review mirror. It will take a quick look at the back seats and then we'll start it up and check out under the hood. So you get three cup holders there in that center console. Second row seats just as clean as the front. No rips or tears back here. It does have the latch child safety system. There are three latch tether anchor sets back here. And the carpeting and floor mats are very clean as well. So these seats do fold down like so. And then they also fold up. So you get a little bit extra room back there. And then you do get rear air controls up there. Side current and airbags. And the doors all look really good on the inside. I didn't see any corrosion on them. We'll take a quick look under the hood. We'll start it up first. Starts up nice and smoothly. And I would personally like to thank you for checking out the video today. And hopefully from this HD video you will have been able to tell just how clean this Tahoe is all the way around. Inside and out under the hood we have the 5.3 liter V8 motor. Engine bay is very clean, runs very smooth. Once again this Tahoe has been fully safe and inspected by our service shop. Has a fresh oil and filter change. All the fluids have been checked and topped off. And this vehicle is 100% ready to go. And to see more pictures of this Tahoe or one of our other 450 new and used cars, trucks, SUVs, minivans, Wranglers, you name it we got it go to our website www.summitauto.com Full pictures and descriptions of every single vehicle from two locations. All at www.summitauto.com. And if you'd like to check out more HD videos you can go to www.youtube.com. Remember to like, subscribe, and share on this video and all the videos that you see there. In fact in a second you will see a link to subscribe to our YouTube channel on your left. A link to more Chevy Tahoe videos like this one on your right. If you have not been to our website on the bottom link to this vehicle on our website click those. Check us out. Once again I highly recommend this vehicle from a quality and condition standpoint. And thanks again for checking out the video of this 2018 Chevy Tahoe and satin steel metallic. Thanks again.