Video Per Day Experiment Explained
If you want to learn more about the #VPDExperiment and what’s involved, here it is. You can also contact @helm_twyla for more info.
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IRS increases retirement savings contribution limits for 2020
Every year the IRS releases inflation adjustments to amounts used in tax policy. One of these adjustments is the amount that can be contributed to retirement savings accounts. Here is your comparison of contribution amounts to your retirement accounts for 2019 and 2020. For more details on these saving accounts and amounts, visit the IRS
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Back to School – Tax tips for teachers as the new school year starts.
Wow, summer went by fast! Actually, it’s still “summer” and will be summer until Monday, September 23, 2019. And here in Texas, it’ll be summer well into October. But officially, summer break is ending for teachers and student. All the teachers I know start the new school year with excitement and engagement and then it
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Is Texas planning to implement Wayfair Economic Nexus for the Texas Franchise Tax?
I was surfing the web this hot Sunday afternoon because it’s just too hot to go outside and I found this gem of an update posted by KMPG in their TWIST podcast published on August 12, 2019. It’s a very short 1:54 podcast so I encourage you to go listen or read the transcript for yourself.
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CCH ProSystem fx Tax Users – Check your AMT credit carry-forward
Not all software updates are the same. If you have an AMT credit carry-forward, check out this post.
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Equifax Data Breach Settlement – what you need to know and do
Hopefully you’ve heard on the news that there is now a formal settlement for the 2017 data breach of Equifax. This settlement is huge, and $425 million of the settlement is earmarked for individuals affected by the breach. (Jump to the conclusion section for my recommendations) Background Back in 2017, Equifax had a huge data
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PRIDE Act of 2019 and a history of same-sex marriage tax complications
Earlier this week I read an article titled “Elizabeth Warren wants to give gay couples $57 million in tax refunds.” Now, I know this is gay pride month, but this headline intrigued me. I’ll get to the meat in a second, but let me state that while I don’t see this passing, even under the
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Video Sharing Tools for Accountants
Yesterday a good Twitter friend posted this tweet about video sharing. It isn’t tax or accounting related, but it has generated a lot of engagement in the accounting community. For my folks who were at #SNH19, what’s your one takeaway? What’s the one thing you can commit to doing? Mine is figuring out video. —
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How to calculate & make the 2nd Quarter Estimated Tax Payment due June 17, 2019
It’s early June and I bet you’re in one of two camps. Either you filed your Form 1040 by April 15, 2019 and don’t want to think about taxes until next January. Or, you extended your Form 1040 by April 15, 2019, and you don’t want to think about taxes until the extended deadline of
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Why a business owner has to be like Tyrion Lannister
Today we’re going to look at the kinds of things a business owner should know and keep track of for tax purposes. What can a business owner learn from Tyrion Lannister and why is it important to emulate one of his characteristics? I’ll admit to being a big fan of Tyrion but I’m not a
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