Ken Berry

Member Since: Dec 23rd 2013
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Ken Berry, Esq., is a nationally known writer and editor specializing in tax, financial, and legal matters. During his long career, he has served as managing editor of a publisher of content-based marketing tools and vice president of an online continuing education company. As a freelance writer, Ken has authored thousands of articles for a wide variety of newsletters, magazines, and other periodicals.
Mar 22nd 2022
Tax Court Weighs in on Reasonable Compensation
The Tax Court recently found that there's indeed a limit on the tax deductibility of wages paid to employees by the employer. What...
Business Tax
Mar 11th 2022
Tax Court Maps Out Deductions Away From Tax Home
There’s no place like your tax home. In a new Tax Court case, Harwood, TC Memo 2028-8, 2/15/22 , a taxpayer was able to deduct most of his...
Individuals
Feb 23rd 2022
The Tax Rules of the Road Shouldn’t be Ignored
The IRS often challenges deductions claimed for business use of a vehicle. And as shown in a new Tax Court case, it pays for your clients...
Business Tax
Feb 16th 2022
Tax Court Approves Losses for “Donkey Business”
The IRS often disputes a hobby loss claimed for breeding operations and usually prevails in the Tax Court, a recent case proved otherwise...
IRS
Feb 14th 2022
IRS to Stop Sending Taxpayers Additional Letters
Your clients may not see additional IRS letters this tax season due to a recent decision made by the agency. Citing the need to provide...
IRS
Jan 18th 2022
Tax Professionals Request Relief From the IRS
As the 2022 tax season is about to begin in full, reputable tax professionals are asking the IRS for some necessary help. The National...
IRS
Jan 11th 2022
IRS Income Tax Filing Season 2022 is Here
The IRS has announced that the filing season for federal individual income tax returns for 2021 kicks off on January 24 (IR-2022-08, 1/10/...
IRS
Jan 6th 2022
Tax Court Halts Start-Up Cost Deductions
Standard deductions for start-up costs are normally allowed, but as a recent Tax Court case shows, clients need to prove the business is...
Business Tax
Dec 21st 2021
IRS Standard Mileage Rates Hiked for 2022
The IRS announced ( IR-2021-251, 12/17/21 ) that standard mileage rates are on the rise for the 2022 tax year. The increases are bigger...
IRS
Dec 20th 2021
Tax Court Digs Deeper Into IRA Investments in Gold
The Tax Court recently warned that although there are exceptions for when a traditional IRA can invest in gold, those that do best meet the...
Individuals