John R. Dundon II, EA

Woman working with files and calculator.

The Significance of Stepped Up Basis in Estate Planning IRC 1014

According to Internal Revenue Code Section 1014 the basis of property acquired from a decedent...
Notebook and pen on financial documents.

Gluten-Free Federal Tax Deduction for Celiac Disease

Gluten-Free Federal Tax Deduction for Celiac Disease Many people suffer from Celiac's disease. To be...
Man's face distorted behind glass of water.

Is THAT Gift Taxable – IRS Form 709

Is THAT Gift Taxable - IRS Form 709! The IRS instructions to Form 709 Gift...
Financial charts with pen and calculator.

What is a Real Estate Professional For US Federal Income Tax Purposes?

What is a Real Estate Professional For US Federal Income Tax Purposes? Morticia hits the...
Sunlight streaming through lush forest trees.

Postings on www.IRS.gov are NOT Necessarily Legal Authority

Who can taxpayers trust anymore? Postings on www.IRS.gov are NOT Necessarily Legal Authority. Add to...
Charts, graphs, calculator, and pen on desk.

How much can you deduct for the gently used goods donated to charity?

How much can you deduct for the gently used goods donated to charity? Without a...
Kayak on lake with mountain sunset view.

Business Entity Selection and the Tax Consequences of Converting

For this post Brandon Rains, founder of the Rains Laws Firm and an expert on...
Vibrant sunset over ocean with colorful sky.

Should you keep a spreadsheet on the differences between the AAA & RE?

One of the top questions coming across my desk - Should you keep a spreadsheet...
Sunset over foggy forest landscape.

Nonresident Partners and Shareholders of Colorado Partnerships and S Corps

The Colorado Department of Revenue revised its guidelines in FYI Income 54regarding people who do...

Categories