A fresh look at my history of online complaints

Posted Leave a commentPosted in Computers and Internet, Off-Topic, Social Media

I reviewed a total of about 20 complaints about my online material. None of these complaints involved tax publications. None were connected to offline activity. None of the complaints resulted in any finding of wrongdoing. I see no other pattern.   If I count the work I did as a teenager raising sweet corn and […]

Turn employee health expenses into tax savings

Posted Leave a commentPosted in Employee Benefits, Health Insurance, Tax Planning

Small business employers who do not offer an employee health plan are missing out on valuable tax savings. These small firms may be understandably nervous about offering employee health benefits. Less than half of small firms even try. We’ve heard about high costs of medical care and health insurance that rise year after year. This cab be […]

LIFT (Livable Incomes for Families Today) the Middle Class Act

Posted Leave a commentPosted in Uncategorized

California Senator Kamala Harris, ranked as one of the top 2020 possible presidential candidates, proposed repealing the 2017 tax reform law and replacing it with a $6,000 tax credit or direct payment to middle-class and poor individuals and families. After reading the press release from a Harris’ office, I felt that this plan made more sense than […]

A simple view of the 20% pass through deduction

Posted Leave a commentPosted in IRS, Small Business, Taxes

A business friend asked a simple question online: “What doe the pass-through deduction mean to me?” The collective response was so vague and convoluted that I felt sorry for her for asking. After thinking about it, there are two things that are uncertain and one that is certain about the pass-through deduction that directly address […]

Review of Lenovo T580 ThinkPad laptop for tax practice

Posted Leave a commentPosted in Computers and Internet

Last month I purchased a T580 ThinkPad Laptop Machine Type Model 20L9CTO1WW, directly from Lenovo at a price of about $1,500 as customized, with tax and delivered. The machine is meant to be my primary accounting practice machine. This is my first ThinkPad after about 20 years of using comparable but less expensive primarily HP […]

Tax Reform 2.0 update

Posted Leave a commentPosted in News and Politics, Taxes

This is a bullet point overview of the “Protecting Family and Small Business Tax Cuts Act of 2018” (HR 6760), the “Family Savings Act of 2018” (HR 6757) and the “American Innovation Act” (HR 6756), that are collectively referred to as “Tax Reform 2.0” as passed by the House of Representatives on September 27-28, 2018. […]

New Jersey real estate tax credit program made simple

Posted Leave a commentPosted in New Jersey, Real Estate, Taxes

This post attempts to list in simplified wording what we know and what we don’t know about New Jersey’s new real estate tax credit program. What we know: 1. In May of 2018 the tax credit program became law, even though most details of its operation were missing. 2. The program allows taxpayers to take […]