ACA: 2014 Observations and Updates

Discussion of the Affordable Care Act calls for a different format from previous O&U posts since ACA is essentially a new filing requirement. While there has been a considerable amount of change (updates) during the evolution of the law, understanding what the current requirements is the most important thing. That more »

Amending for Education Credits

The focal point in tax preparation of returns with education expenses has traditionally been on the tax-free nature of scholarships and grants. However, when practitioners are preparing returns for students, or parents of students, they… more »

Partnerships: 2014 Observations and Updates

The last entry began what might be a series of articles on "Updates and Observations" related to the upcoming tax season. This time I'm dealing with Partnerships. It's been said that one learns most by teaching others, so I hope to learn more about partnerships and upcoming tax issues.. more »

Trusts: 2014 Observations & Updates

This is a review of Trust news so far for 2014, based on what I've bookmarked or saved during the year. The year has been a somewhat quiet one for trusts. There has been some clarification of NIIT for trusts, material participation, and what it means to be a real estate professional as a trust. One thing that may be a highlight is the clarification of what is included in the 2% miscellaneous deductions, and a mention of required unbundling for that purpose beginning in 2015. Considering those issues, you may want to do some end of year tax planning. more »

External Table Data in Access

I'm constantly coming up with new ideas for projects, articles, and ways to do things. One way I tried to keep up with that was create text files with those notes. Many years ago I used Microsoft's cardfile.exe, but it no longer exists in current versions of Windows. Then, a few years ago I tried out the AZZ Cardfile program. Shortly after that I created my own card file database similar to AZZ Cardfile, named simple Simple Cards. more »

Using the Windows Taskbar

Some time ago I wrote about how to organize your desktop to speed switching between opened files in Excel. Of course, you can easily switch between programs in Windows 7 and above by clicking the taskbar icon at the bottom of the screen. Here's another… more »

There's more to retirement than .. retirement

While maintaining my knowledge of tax laws and various business concepts, I've been dipping into financial planning somewhat consistently. While I've learned a lot about financial planning and its tangential fields of expertise, I've noticed that… more »