Categories: "Professional"

Professional Welcome

Welcome to the professional section of my blog. The blog entries in this section are intended to cover subjects in my primary areas of expertise, particularly accounting and information technology. Design, consulting and business related topics are some of the other areas I have focused on in the past. My resume can be reviewed at http://www.tylerhosting.com/dbell/resume to see what projects I have been involved with in these areas.

The categories are not broken down further, but the following are some of subjects of interest in each of the areas that I anticipate discussing.

Accounting
Taxation, consulting, non-profit

Business
Manufacturing, inventory control

Consulting
Small business

Financial Planning
Individual financial, retirement, and tax planning

Information Technology
Web development, database development, software, project management

Tax Accounting
Individual and business tax law, preparation, and planning

The efforts in this section will also be focused on identifying solutions in these areas than discussing personal concerns. When I consolidated my blogs into one I decided to leave most of the older log entries of a personal nature in a separate section for now. 

Education Tax Credits: And Other Educational Incentives

November 21st, 2015
The final Education Tax Credits book is now available. I published an abbreviated version in May that I titled Education Tax Credit Essentials. I wanted to make the most crucial content available for extended filing season and to encourage feedback as I worked on the full version. Education Tax Credits is a guide for tax professionals to better understand the many complexities related to education tax credits and other tax incentives for education. This systematic analysis guides preparers in the steps required to process education credit claims, from researching scholarships and calculating the maximum credit to coordinating with educational savings accounts and Pell grants. more »

Education Credit Alert

July 23rd, 2015
While taxpayers will now be required to have a 1098T to claim an education credit or deduction, institutions are often not required to provide one. Until that is remedied, many taxpayers could be deprived of a credit they would have otherwise been qualified for. more »

Education Tax Credit Essentials

June 10th, 2015
Education Tax Credit Essentials has been published by Dana Bell and is available as a paperback and in electronic form for major eBook devices. This book attempts to help professionals better understand the many complexities related to education tax… more »

OpenOffice Writer Themes

June 6th, 2015
In Word you can create a document and by using styles associated with the selected theme, you can make sure the design is consistent throughout, without having to change a lot of fonts and colors. You could also create a document and then select an alternate theme and totally change the design of the document (colors, fonts, etc). While OpenOffice Writer doesn't have themes, you can actually do much the same thing in OpenOffice.… more »

Seek Professional Help

April 28th, 2015
Tax season in now over for the regular 2014 tax year. Yes, there are still extensions but for many the taxes are paid or the refund has been requested. This was my fourth year working as a volunteer preparing tax returns and I prepared about 180 returns… more »

Explaining the American Opportunity Tax Credit

March 21st, 2015
When I talk to a taxpayer about their return and the potential of claiming the American Opportunity Tax Credit (AOTC) they often are confused about it, especially if the AOTC involves including scholarships in income. I've struggled with how to explain… more »

Marketplace Coverage Affordability Worksheet

March 6th, 2015
Several exemptions are available for the Affordable Care Act. Many of the exemptions are simple and only require tax preparers to look up a value in a table. The exemption for income below the filing threshold is a simple one to look up. Similarly, in states like Texas, an exemption is available for household income below 138% of federal poverty level. One of the exemptions, however, requires some calculations. The calculations aren't particularly complex, but the tax preparer must look up at least four different items when calculating marketplace coverage affordability.… more »