The IRS Says My Business Is A Hobby. Now What?

The IRS Says My Business Is A Hobby. Now What?
Memorial Day weekend was a bust in our home, since my wife and I were sick the whole time. So now¬†that the fun is over, I was having a hard time coming up with something interesting to write that didn’t require hours of research. Then I got a tax question. It did require research, but ...

Jacob Soll Exaggerates Accountants’ Death

Jacob Soll Exaggerates Accountants' Death
Salon had an¬†article yesterday provocatively entitled “First they killed all the accountants.” I read through it like I would an obituary, only to find our deaths to be a bit exaggerated. The article was an except from “The Reckoning: Financial Accountability and the Rise and Fall of Nations” by Jacob Soll. I haven’t read the ...

IRS Audits Don’t Mean Much

IRS Audits Don’t Mean Much
Since I both write about and do* taxes, I get inundated with news related to tax updates every day (I have about 100 relevant items today in my RSS feed). I glance through them, looking for an interesting tidbit, but rarely spend more than a couple seconds on each unless something interesting jumps out. I ...