Five Things I’ve Learned From Tax Preparers

Posted Leave a commentPosted in Accounting, Social Media, Tax Planning, Taxes, Values

Last month I joined an online discussion group of tax preparers. My past experience is that every online discussion group has its own personality and you don’t know the tone of the group until you really get involved. This is my first year preparing tax returns after being completely out of the field for 9 […]

Facebook Messenger for Income Tax Filing

Posted 1 CommentPosted in Data Management, Social Media, Taxes

Facebook Messenger is the dominant instant messaging service used by younger adults who increasingly use their cell phone as the primary device for electronic communications. It is possible to combine use this platform to combine various forms of communications including voice, text, video, photo and image documents. I’ve focused the development of an online income tax […]

Misunderstandings of tax treatment of health insurance

Posted 3 CommentsPosted in Accounting, Employee Benefits, Taxes

An article in Forbes earlier this month was apparently misunderstood by some readers. PPACA is certainly difficult and some issues are not yet resolved. But we should not let that confusion undermine our understanding of basis tax principles governing the treatment of health insurance premiums paid by an employer. I suggest that it would be good […]

The latest financial planning twist for same-sex couples

Posted Leave a commentPosted in News and Politics, Tax Planning, Taxes

I try to follow developing news for my same-sex couple clients (some now married, some not) and occasionally post something that attempts to summarize or help with planning like this “Financial Planning Checklist for Unmarried Couples” that has turned out to be quite popular. Recall that in 2013 the Supreme Court ruled on a case […]

When QuickBooks is a no-brainer

Posted Leave a commentPosted in Accounting, Computers and Internet, Financial Planning, Small Business, Taxes

I ran into an old friend by chance on a Philadelphia sidewalk today. We used to see each other often but now he lives more than an hour away with his three dogs at a rural country place in beautiful upper Bucks Country. He knows that I am an accountant but we’ve never “talked business” […]