A Brief History of Marriage in the Tax Code: Part 1, In the Beginning
Part 1 of an ongoing series about the history of marriage in the U.S. tax code.
5 Things You Didn’t Know About EAs, #3: Two Ways to the EA
There are 2 ways to become an Enrolled Agent
5 Things You Didn’t Know About EAs, #2: We Don’t Work for the IRS
No, Enrolled Agents don’t work for the IRS.
5 Things About EAs: We’ve Been Around Since 1884
The Enrolled Agent designation has existed since 1884.
A Brief History of Marriage in the Tax Code: Introduction
Tax law treats married people differently from unmarried people, but why? To answer, we have to look at the history of marriage in the tax code.
Using a Line of Credit to Purchase Investments
This questions comes up from clients now and then. Here’s a scenario I dealt with a few years ago. SCENARIO: Client has their eye on a piece of property they want to buy. They take out a line of credit against their house in order to purchase the property. Then the deal falls through. The […]
What Responsibilities Do Tax Preparers Have in Assessing ACA Penalties?
Robert Flach at his “The Tax Professional” blog asks the following question regarding Affordable Care Act penalties assessed on tax returns against people who do not carry health insurance: What is our legal responsibility as tax preparers when it comes to calculating the new convoluted and potentially expensive Obamacare penalty for clients who are not […]
Proper Documentation of Business Expenses
How to document business expenses
I Can’t Do Much to Help You Once the Transaction Is Completed
NOTE: I wrote this post in 2014, so be aware of its age. —– A professional in my network of contacts recently asked if I could help one of his clients. His client had sold some property for a large gain and was facing a tax bill of tens of thousands of dollars. According the professional, the client’s […]
Taxpayer Identity Theft — Part 19
The National Association of Tax Professionals picked up on Wendy Boka’s identity theft saga through my blog and asked me to condense my blog series into an article for their Spring 2014 Tax Pro Journal. The finished product is the cover story of the Journal, which is hitting tax pro mailboxes soon (mine arrived Thursday). […]