Ken Berry

Member Since: Dec 23rd 2013

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Bio

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.

Ken Berry

May 22nd 2019

Taxpayer Ordered to Pay Back Premium Tax Credit

It’s likely that you’ve heard about the marriage penalty that applies to some couples when the spouses have relatively similar income...

Individuals

May 9th 2019

Why Clients Should Keep Business Accounts Separate

Small business owners must operate in a business-like fashion to realize the tax breaks at their disposal. For instance, if certain...

Business Tax

Apr 29th 2019

When Legal Fees Aren’t Strictly Business

Can a taxpayer deduct his or her legal fees? The answer, in short, is “it depends.” As evidenced by a new case, Ray 2019-36, 4/15/19 , it...

Apr 22nd 2019

IRS Announces New Plan to Modernize Operations

After repeated calls from members of the tax community--including National Taxpayer Advocate Nina E. Olson--the IRS has released a new six-...

Apr 17th 2019

Do You Know Where Your Tax Home Is?

The tax law says you can deduct your travel expenses, including transportation and lodging, when you’re away from home on business. But do...

Individuals

Apr 10th 2019

Taxpayers Lose in Air and on Sea in Hobby Loss Cases

Do any of your clients own big-ticket personal items like boats and private planes? Besides the personal pleasure, a taxpayer may try to...

Apr 8th 2019

When Does a Home Qualify as a Rental Property?

Although you can’t claim a loss when you sell a home for less than what you paid for it, a loss from a home is sale may be deductible if...

Individuals

Apr 2nd 2019

IRS Provides New Guidance on State Tax Refunds

This is the first year the new limit on state and local tax (SALT) deductions applies on federal income tax returns. Now, the IRS has...

Mar 27th 2019

Courts Say Your Home State Matters

Typically, this column addresses federal income tax implications, but state income taxes may be a concern, too. For instance, a taxpayer...

Individuals

Mar 22nd 2019

Tax Court Denies Equitable Relief to Joint Filer

As far as federal income taxes go, it’s usually “until death do us part” for joint filers, but a recent Tax Court case ruled otherwise...

Individuals