Excelling With Access

January 16th, 2015
Introduction If all of your financial records are maintained in Excel spreadsheets then you may be missing out on many of the advantages of using Access databases. Microsoft Access may already be available in your version of Microsoft Office. It is a… more »

Site Year in Review

January 4th, 2015
While I have been blogging for several years now, and writing for many, many years before, 2014 was one of my most consistent years. The challenging thing about continuously posting new content is that I don't write just to be noticed. While I enjoy… more »

Christian Influence

December 29th, 2014
One of my daily devotions today says "It is probable that God lets every human being who crosses our path do so in order that we may have the opportunity of leaving some blessing and dropping into his heart and life some influence that will draw him… more »

ACA: 2014 Observations and Updates

December 2nd, 2014
Discussion of the Affordable Care Act calls for a different format from previous O&U posts since ACA is essentially a new filing requirement. While there has been a considerable amount of change (updates) during the evolution of the law, understanding what the current requirements is the most important thing. That more »

Amending for Education Credits

November 10th, 2014
The focal point in tax preparation of returns with education expenses has traditionally been on the tax-free nature of scholarships and grants. However, when practitioners are preparing returns for students, or parents of students, they… more »

Partnerships: 2014 Observations and Updates

October 31st, 2014
The last entry began what might be a series of articles on "Updates and Observations" related to the upcoming tax season. This time I'm dealing with Partnerships. It's been said that one learns most by teaching others, so I hope to learn more about partnerships and upcoming tax issues.. more »

Trusts: 2014 Observations & Updates

October 16th, 2014
This is a review of Trust news so far for 2014, based on what I've bookmarked or saved during the year. The year has been a somewhat quiet one for trusts. There has been some clarification of NIIT for trusts, material participation, and what it means to be a real estate professional as a trust. One thing that may be a highlight is the clarification of what is included in the 2% miscellaneous deductions, and a mention of required unbundling for that purpose beginning in 2015. Considering those issues, you may want to do some end of year tax planning. more »