Potpourri of Tax Topics

/Potpourri of Tax Topics

Top 5 Blog Posts of 2016

By | December 29th, 2016|Categories: Potpourri of Tax Topics|

Here are the top-5 most-popular posts on this blog in 2016. The runaway winner, for the third year in a row, is the story about insolvency and cancelled debt. ----- #5: Take the Money and Run? The Tax Consequences of Winning a Home in a Giveaway, Part 2 In 2012 I wrote a series of posts [...]

Comments Off on Top 5 Blog Posts of 2016

From the Archives: Yes, Enrolled Agents Do Need More Respect

By | November 23rd, 2016|Categories: Potpourri of Tax Topics|

I was apparently in an angry, bitter mood when I wrote this one back in 2013 about the lack of respect EAs get. The post is certainly a righteous rant!

Comments Off on From the Archives: Yes, Enrolled Agents Do Need More Respect

Can You Get a Refund if You Pay Nothing In?

By | November 11th, 2016|Categories: Potpourri of Tax Topics, Small Business Tax and Accounting|Tags: , , |

Answer: this discussion goes beyond sole proprietors, and the short answer is "maybe."

Comments Off on Can You Get a Refund if You Pay Nothing In?

Can a College Professor Deduct the Cost of Materials for “General Knowledge”?

By | September 26th, 2016|Categories: Potpourri of Tax Topics|Tags: , |

Image courtesy of Pixabay.com College professors may be entitled to certain deductions on their tax returns for classroom books and supplies, and books and other materials which further their academic research. But what about maintaining books and other materials for “general knowledge”? A recent case before the U.S. Tax Court gives us the answer. Background A [...]

Comments Off on Can a College Professor Deduct the Cost of Materials for “General Knowledge”?

Iowa Society of Enrolled Agents Upcoming Seminar

By | September 22nd, 2016|Categories: Potpourri of Tax Topics|Tags: |

The Iowa Society of Enrolled Agents is putting on its second annual fall seminar. Dates are Tuesday, October 25, and Wednesday, October 26, at the Drury Inn in West Des Moines. Here are the topics: Day 1 History of Marriage and Taxes -- I'll be presenting this topic, based on my research into the history of [...]

Comments Off on Iowa Society of Enrolled Agents Upcoming Seminar