Disaster Preparedness, Part 2
Last Saturday, the 244th birthday of this great country, I reflected on our history as a nation. In 1802 Senator Daniel Webster said: “Miracles to not cluster, and what has happened once in 6,000 yea…
Disaster Preparedness, Part 1
The continuing COVID-19 pandemic and the recent riots and civil unrest got me thinking about disaster preparedness. This has been a topic of interest for me for more than 20 years. In fact, I guess y…
More Benefits of COVID-19 Laws, Part 2
On Monday, May 4, our community and country took a step toward normalcy and I got a haircut that was long overdue. Many people left their homes for the first time in a month. It is hard to recognize…
Tax and Financial Benefits of New COVID-19 Laws
COVID-19 has been the focus of the news every day for a month now. It is truly horrible that this new strain of virus is affecting many people and the fatalities are rising. I certainly have not seen…
Walk a Mile in Their Shoes
“You can’t understand someone until you’ve walked a mile in their shoes.” There are many versions of this popular saying (an old song even comes to my mind) and I don’t know who said it first. Perhap…
Making Tax Season Less Stressful
I trust you enjoyed the holidays and were able spend time with loved ones. I am happy to share that my wife and I became grandparents for the first time on January 10th. Our son and daughter-in-law w…
Y2K, Technology and IRS Penalties
A new decade begins a few days. Where did 2019 go? The older I get the faster time goes. I can still remember moving back to Columbia in August 1999. Our sons were 6 and 3. They now hold Hickman HS d…
Guidelines for Seeking Help with Your Taxes
Appeared in the Columbia Daily Tribune on 7/6/19
The Tax Cuts and Jobs Act changed the tax preparation needs of many people. It made some returns simpler and reduced the taxes for some Americans, bu…
History of the Internal Revenue Service
Today’s topic is A Short History of the Internal Revenue Service.
The original Constitution prohibited the direct taxation of its citizens. Article 1, Section 9 is excerpted here: “No Capitatio…
Putting the Cart Before the Horse
This article was originally published in the Columbia Daily Tribune.
I would estimate that less than one percent of the people in Mid-Missouri have ever hitched a horse to a wagon. I have never done…
How to Become Audit-Proof
Appeared in the Columbia Daily Tribune on 3/16/19
In this article, we will look at IRS audits and how to become “audit-proof.” The most important key in becoming “audit-proof” is documentation. Firs…
What the Heck is QBI?
Appeared in the Columbia Daily Tribune on 2/16/19
The new tax law (TCJA) altered the IRS Code than any change since the Reagan tax overhaul of 1986. Internal Revenue Code (IRC) Section 199A sets for…
Government Shutdown and Tax Refunds
Aric Schreiner, CPA has been quoted on KOMU News - Video
