Ken Berry

Member Since: Dec 23rd 2013

Columnist

Recognition

Thanks: 0

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

Aug 20th 2019

IRS Grants Automatic Estimated Tax Relief

The IRS is giving hundreds of thousands of taxpayers a second chance to avoid an estimated tax penalty and they don’t even have to lift a...

Aug 13th 2019

Tax Court Divines Tax Outcome on Unreported Income

The IRS may treat unreported income as taxable income even if a taxpayer claims the amounts represent repayments for a loan. In a new case...

Aug 7th 2019

IRS Revamps Online Estimated Tax Calculator

The IRS has re-released its estimated tax calculator ( IR-2019-139, 8/6/19 ) to better address the multitude of changes included in the Tax...

Aug 2nd 2019

How the Tax Court Sank a Tax Prep Practice

It’s not just taxpayers who are at risk for filing tax returns with fraudulent entries. A tax professional who “aids and abets” a taxpayer...

Jul 29th 2019

IRS Serves Up (Some) Business Meal Deductions

With great fanfare, the Tax Cuts and Jobs Act (TCJA) eliminated deductions for business entertainment expenses, beginning in 2018. But, not...

Individuals

Jul 22nd 2019

How the ‘Kiddie Tax’ Change May Impact Clients

Despite its innocuous-sounding name, the “kiddie tax” is anything but child’s play, as both taxpayers and practitioners can attest. This...

Individuals

Jul 19th 2019

How Clients Can Get a Head-Start on Business Deductions

The tax law provides a special deduction for “start-up costs” in the tax year in which the business opens, as evidenced by a new Tax Court...

Business Tax

Jul 15th 2019

How Clients Can Max Out on the Section 199A Deduction

The new Section 199A deduction has led to considerable confusion and uncertainty among taxpayers and practitioners alike. At least new...

Business Tax

Jul 9th 2019

Why the TCJA Packs Even More Depreciation Punch

The Tax Cuts and Jobs Act (TCJA) combines powerful enhancements for the Section 179 “expensing” and “bonus” depreciation deductions. That’s...

Business Tax

Jul 1st 2019

Don’t Bury the Marriage Penalty Just Yet

To paraphrase Mark Twain, the reports of the death of the marriage penalty are greatly exaggerated. Although the Tax Cuts and Jobs Act (...

Individuals