With 14 days left in the Congressional House Sessions, you would think the US Congress would be working on the looming fiscal cliff, Taxmaggedon and Sequestration, the automatic budget cuts the Super-Committee agreed to, but did not think would happen. Yet the news is filled with the Benghazi investigation, and [...] Read more »
Counting Beans and Other Mortal Thoughts
Sure you can count your own beans, but do you really want to? Read more »
How to get every stinking tax deduction
So you wanna know the secret to getting every stinking tax deduction you are entitled to? Rule No. 1. Keep good records. It is as simple as that. Read more »
US Congress Will Punt-Legislative Update June 2011
Last year I spent a lot of time writing about how the US Congress had done nothing with respect to resolving tax issues. Why is it important for Congress to pass tax law? It is very hard to do tax planning before the end of the year, when you do not know [...] Read more »
February 14, 2011 — IRS Accepting 1040 Schedule A e-file
In the last blog, we mentioned that for many tax filers, the IRS was delaying e-file acceptance; it will not process certain kinds of tax returns until their system has been modified to incorporated tax law changes passed very near the end of 2010. The IRS has announced it will [...] Read more »