New York Times Invents Demons on Trump Tax Return

New York Times Invents Demons on Trump Tax Return
Leave it to the New York Times to screw up a potential bombshell like the leaked Donald Trump tax return they released over the weekend. I’m going to add a bit of a throat clearing before I get into this discussion: I am not pleased (put mildly) with our political candidates this year. When the ...

Will You Be Victim To This Round of Tax Scams?

Will You Be Victim To This Round of Tax Scams?
Imagine this: your Federal Tax return is all done, and TurboTax is telling you that Uncle Sam will finally pay you back that $1,000 be borrowed last year. You press send, download IRS2Go to track your refund, and wait anxiously for the money to drop in your bank account. After a couple weeks with no refund, you ...

2014 Excel Tax Forms are Now Available!

2014 Excel Tax Forms are Now Available!
Want to know how to get an accountant excited? Make and Excel version of something. Although I’d like to get into all the amazing games people have made in Excel, my point here is to promote something even more exhilarating: The 2014 1040 Tax Forms are now available in Excel! Head over here to download your copy. ...

Shelby County Might Need Updated Tax Forms

Shelby County Might Need Updated Tax Forms
Okay, I get it. I know that not every government entity can toss money at dubious studies and excessive programs and still have swimming pools filled with spare benjamins. But I do expect a certain amount of professionalism in my downloaded tax forms. For those of you who don’t live in Ohio, you’re probably not aware ...

Deduct Penalty on Savings Withdrawal

Deduct Penalty on Savings Withdrawal
(This is part of a series looking at various common 1040 questions. To go back to the summary page, click here) It’s been a while since I’ve talked about tax helps, so I thought it was about time to get back on that cart. I mean, how else am I going to have enough content to ...

Releasing Politicians’ Tax Returns – A Nonissue Issue

Releasing Politicians' Tax Returns - A Nonissue Issue
The Colorado news wires filled up last night with the same story again and again: Governor John Hickenlooper and challenger Bob Beauprez released their latest tax return to the public. Pressure was mounting for Beauprez to release his returns in the preceding weeks, so their release isn’t a surprise. But we finally got them. And ...

Bluebeam Tips – Comparing Documents

Bluebeam Tips - Comparing Documents
Have you ever wondered what the commission rate is for hold music? I’ve been on hold with OneSource software support for so long that those are the kinds of questions entering my mind. But let’s talk Bluebeam instead. Last week I covered how to mark up a document and how sign off on numbers and changes. ...

Deduction of Club Dues

Deduction of Club Dues
(NOTE: This is a continuation of a case study looking into tax implications of starting up a small business. This particular article deals with tax deductions for small business. Click here to go back to the start of the case study.) In a tax code that is rife with carve out and exceptions, club dues are one of ...

Your IRS Tax Return Is (Apparently) Easy

Your IRS Tax Return Is (Apparently) Easy
A new Associated Press-GfK poll indicated that most people think their IRS Tax Return was both easy to file and correct. 58% percent said it was easy, and 86% said they are “extremely confident or very confident that they filled them out correctly.” This is all despite H&R Block’s constant refrain that self preparers of ...

Mitten’s Return 2011

Mitten’s Return 2011
I chose the wrong day to not look at my tax feed. Once I noticed an explosion of hits to my original look at Mitt Romney’s tax return, I knew something was up. Lo and behold, Mitt had made his 2011 tax return available. As a follow up to my look through 2010, I decided ...