What Data Protection Plan?

Year End Tax Planning Starts with a Charitable Donation Assessment How Do You PLAN to Give Back Next Year?

The #1 Question for your tax advisers this year is – Do you have a Data Protection Plan? My friend, Deborah Rodgers, a dedicated and decorated public servant serving since the dawn of time as an IRS Stakeholder Liaison in

Posted in Data Protection

Year End Tax Planning for Individuals

Year End Tax Planning Starts with a Charitable Donation Assessment How Do You PLAN to Give Back Next Year?

If you happen to be like me - desperately seeking any distraction from this holiday season - there is no better time than the present to start some year end tax planning. Why is tax planning particularly important this year

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Posted in Tax Guidance & Preparation, Tax planning, Tax Reform

Charitable Contribution Deductions under the new TCJA

Year End Tax Planning Starts with a Charitable Donation Assessment How Do You PLAN to Give Back Next Year?

Ho Ho Ho! Everyone is writing about being charitable today to assuage that capitalist guilt. 'Tis the season. Charity my friends and loyal readers starts in the home. Be charitable and loving with yourself first and foremost. Nurture your soul.

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Posted in Charitable Contribution

Tax Planning Time for Small Business Owners

Year End Tax Planning Starts with a Charitable Donation Assessment How Do You PLAN to Give Back Next Year?

Greetings fellow business owners and tax nerds alike! Tax planning time for small business owners is upon us. As we run full tilt into the holidays - between storing boats & fishing poles, repairing bikes, readying hunting gear and waxing

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Posted in Tax Guidance & Preparation, Tax planning

What is a Specified Service Trade or Business (SSTB)?

Year End Tax Planning Starts with a Charitable Donation Assessment How Do You PLAN to Give Back Next Year?

When not riding my mountain bike in the Rocky Mountains I tend to hang out with tax nerds ... pretty much all the time, to the extent that tax nerds actually ‘hang out’ that is.  At one of our most recent

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Posted in 199A, STSB, TCJA

Tax Planning Under the TCJA for Pass Through Entities

Tax Planning Under the TCJA for Pass Through Entities

Tax Planning Under the TCJA for Pass Through Entities

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Posted in TCJA

IRS Penalty Relief, What IS Reasonable Cause?

The Perturbing New Treatment of Patents Under the Tax Cut & Jobs Act (TCJA)

IRS penalty relief brings big business opportunities for astute tax practitioners as the IRS does indeed have the authority to provide relief from various penalties if you know how to do the dance. In 2014 the IRS abated either in

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Posted in IRS Penalties, IRS Penalty and Interest Abatement

The New DRAFT version 2019 Form W-4 is a Rage Inducing Abomination

Year End Tax Planning Starts with a Charitable Donation Assessment How Do You PLAN to Give Back Next Year?

The New DRAFT version 2019 Form W-4 is a Rage Inducing Abomination. When I first looked at the new DRAFT version of the 2019 Form W-4 Employee’s Withholding Allowance Certificate my initial reaction was RAGE.  Yes, RAGE! Rage towards an unnecessary yet

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Posted in W-4

Negligence vs. Disregard – It Matters

Negligence v. Disregard

Negligence vs. Disregard - It Matters

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Posted in IRS Penalties, IRS Penalty and Interest Abatement

How to Formulate an IRS Penalty Abatement Request

The Perturbing New Treatment of Patents Under the Tax Cut & Jobs Act (TCJA)

How to Formulate an IRS Penalty Abatement Request Greetings fellow tax nerds!  Perhaps life might suck for me at present but lately there seems to be nothing more satisfying than making tax penalties go away. Think about it. You're a

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Posted in IRS Penalties, IRS Penalty and Interest Abatement
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