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

Jan 21st 2019

How to Maximize the Benefits of SALT Payments

In the past, taxpayers could deduct state and local tax (SALT) payments without any specific dollar limits. This often resulted in a tax...

Individuals

Jan 14th 2019

Last Call for Medical Expense Deductions?

Schedule A for 2018 returns looks different than it has in past years. Under the Tax Cuts and Jobs Act (TCJA), certain itemized deductions...

Individuals

Jan 10th 2019

AICPA Asks for Estimated Tax Penalty Relief

A powerful ally of taxpayers, the American Institute of CPAs (AICPA) has formally asked the IRS to grant relief from certain estimated tax...

Jan 8th 2019

Will the Government Shutdown Affect Tax Filing?

As the partial government shutdown enters its third week with trash piling up at national parks and delays at airports, citizens may also...

Dec 19th 2018

Tax Court: Don’t Fudge Wages for Your Kids

If you need to hire someone to help out in your office, you may not have to look any further than your kitchen table. Hiring your child...

Individuals

Dec 18th 2018

IRS Announces 2019 Standard Mileage Rates

The IRS has just announced the standard mileage rates that taxpayers may use for certain driving expenses in 2019 ( IR-2018-251, 12/14/18...

Dec 13th 2018

Why Qualified Clients Should Take RMDs Now

Time is running out in 2018 for certain retirees. If you are older than 70½ and don’t take a “required minimum distribution” (RMD) from...

Individuals

Dec 5th 2018

Tax Court: Gambling Addiction Is Not a Disability

If you take an early withdrawal from an IRA, you may be assessed a tax penalty, unless a special exception applies. But the courts aren’t...

Individuals

Nov 28th 2018

How Business Interest Deduction Limits Have Changed

For the first time ever, the Tax Cuts and Jobs Act (TCJA) imposes a limit on business interest deductions, effective this year. Now, the...

Business Tax

Nov 20th 2018

When Should You Keep Tax Records Longer Than 3 Years?

How long do you have to keep your tax records? The usual answer is at least three years, but there may be extenuating circumstances. In a...

Individuals