John R. Dundon II, EA

Earth from space with Milky Way background.

IRS Form 1099-misc Filing Requirements Defined as per IRC 6041

I was talking with a taxpayer the other day who registered as an LLC with...
Colorado’s Disability Assistance Credit Replaces PTC for Some Taxpayers

Can You Establish a SEP Plan if you are a Sole Proprietor? What if that Sole Proprietorship Had Historically Passive Income?

Regardless of their nature or topic matter, off beat questions are one of the spices...
Man in suit working at a desk.

2014 Depreciation Limits on Luxury Autos: IRS Rev Proc 2014-21

According to 26 U.S. Code § 280F - Limitation on depreciation for luxury automobiles the...
Mountain stairs with vibrant sunset view.

Virtual Currency Tax Implications – IRS Notice 2014-21

The question of the moment is whether virtual currency is here to stay or simply...
Person calculating with a pen and calculator.

Questions To Ask NOW Regarding the Affordable Care Act

As an astute navigator of the Internal Revenue Code over the last decade or so...
Jar filled with coins on table.

Schumann v. IRS: Reg. 1.469-2(f)(6) – The Nuanced Relationship Between Passive Losses & Self Rental Gains

Schumann v. IRS: Reg. 1.469-2(f)(6) - The Nuanced Relationship Between Passive Losses & Self Rental...
Sunset over river and landscape scenery.

Defining Passive Activity Between Spouses – Beyond the Bedroom: What Is Material Participation?

Defining Passive Activity Between Spouses - Beyond the Bedroom What Is Material Participation? Ha! One...
Person calculating finances with documents and calculator.

Why is Halloween So Scary – 2015 Tax Planning Will Be Hugely Complicated and Profoundly Significant for most ALL Taxpayers

Once again another year is almost behind us and right after the new year income...

Categories