Content by Ken Berry

on 05/27/14
Now that we’re near the midway point of the year, you may think that the die has been cast for business drivers: If they’ve been keeping records based on the standard mileage rate, they...
on 05/20/14
Do you have a client who is an expert at molding pottery or chartering fishing trips? An activity that starts out as hobby can turn into a full-fledged business over time if people are willing to pay...
on 05/15/14
Suppose that one of your clients intends to take a few courses at the local college to learn the latest developments in his or her field. Can the client deduct the education costs as a business...
on 05/13/14
Who says you have to "use-it-or-lose it?" In a new YouTube video created by the IRS, the nation's tax collection agency instructs taxpayers about carrying over unused funds in a...
on 05/05/14
As investigations continue into the "Tea Party scandal" involving applications for tax-exempt status by conservative groups, the IRS is making it easier—and faster—for small...
on 04/24/14
The IRS could do a better job if it had more resources at its disposal. That is the essence of a new report released on April 21 by the Government Accountability Office (GAO).The GAO conducted the...
on 04/21/14
President Obama squeezed under the bar for the highest marginal tax rate on the federal income tax return he recently filed for 2013. But the Commander in Chief, who filed a joint return, couldn'...
on 04/11/14
You can run but you can't hide. Lois Lerner, the embattled former head of the IRS Exempt Organizations (EO) division who has been at the center of the "Tea Party scandal," twice invoked...
on 04/09/14
The US Treasury Department, through the IRS, is making it easier for financial institutions in foreign countries to comply with registration requirements under the Foreign Account Tax Compliance Act...
on 04/03/14
It took several months, but at least one tax-writing committee in our nation's capital has finally cleared the decks to address the annual list of tax extenders. This includes a group of popular...
on 03/31/14
In the wake of the landmark Supreme Court decision on same-sex marriages (U.S. v. Windsor, No. 12-307 6/26/13), the IRS issued guidance regarding federal tax law issues. It also posted the...
on 03/21/14
There's a security risk for virtually every business using technology. Not even the IRS is immune. On March 18, the nation's tax-collection agency revealed a serious security breach....
on 03/20/14
The threat of violence against professional tax return preparers is real. According to an item in the Minneapolis StarTribune on February 28, a man accompanying a female client to a meeting...
on 03/13/14
Lois Lerner isn’t a Superwoman, but she’s showing at least as much resilience as Lois Lane.A new report released on March 11 by the House Committee on Oversight and Government Reform, one...
on 03/07/14
The tax-filing season got off to a slow start because the IRS said it needed more time to gear up for this year’s returns. But now the pace has picked up considerably.About 40 percent of the...
on 03/05/14
The $4 trillion budget plan for 2015 that President Obama presented on March 4 follows a recurring tax theme of his administration: bigger and better tax breaks for low-to-middle income families and...
on 02/19/14
The IRS has been in plenty of hot water lately for allowing staffers to enjoy lavish accommodations at conferences and squander taxpayer funds on video spoofs purportedly created for training...
on 02/14/14
The IRS has a message for taxpayers during the week of Presidents Day: Don’t even think about calling us.Typically, this week is “prime time” for taxpayers to call the IRS with...
on 02/13/14
When Sage Kotsenburg of the United States clinched the country’s first gold medal in the Winter Olympics in Sochi earlier this week, the laid-back snowboarder repeatedly used the word “...
on 02/11/14
On February 10, the US Treasury Department issued new final regulations pertaining to the employer mandate under the Patient Protection and Affordable Care Act of 2010 (PPACA), the controversial law...

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