IRS Regulatory Overreach, Part 5
The 2021 tax filing season officially ended on Monday 10/17, which was the filing deadline for extended personal income tax returns (Form 1040). As mentioned in a previous article, submitting F…
US Debt and New Taxes
Recently, I heard on the radio that the $1,900,000,000,000 ($1.9 trillion) spending bill had just passed the Senate. It was cleverly called a COVID relief bill, but only 9 percent (about $171 billion…
What is Different This Year?
I trust you and your sweetheart will be able to enjoy some quality time together and appreciate each other for Valentine's Day this month.
On the opposite end of the spectrum from love is taxes. Acc…
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…
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…
TCJA, Tax Cuts and Jobs Act
Posted Jan 18, 2019 at 2:28 PM on the Columbia Daily Tribute website
Let’s review the new tax law (TCJA, Tax Cuts and Jobs Act) since the deadline (Monday, April 15) is less…
Changes to Business Tax Returns
Posted Aug 17, 2018 at 3:07 PM on Columbia Daily Tribune
Last month, I handled highlights of the New Tax Law focusing on the impact on personal tax returns. This week, I wan…
