This is trishmc's Typepad Profile.
Join Typepad and start following trishmc's activity
Join Now!
Already a member? Sign In
trishmc
Small town Kansas
I am a tax professional and business owner
Interests: business, web design, directing and acting, and of course - taxes
Recent Activity
Image
The Kansas Department of Revenue (KDOR) has a new tax amnesty program. That means if you owe back Kansas taxes you can avoid paying the interest and penalties on the tax. The catch? You have to pay off the full... Continue reading
Posted Aug 26, 2015 at Our Taxing Times
Image
It’s back to school time and time to talk taxes. (Actually, I’m a little late since most schools around me started last weeks but hopefully you still have all the paperwork.) Specifically, I want to talk about records and receipts... Continue reading
Posted Aug 26, 2015 at Our Taxing Times
Image
We knew that the decision would be released before the Supreme Court went on vacation and it was. Today (6/25/15) the SCOTUS affirmed the 4th Court decision in the case of King v. Burwell. The vote was 6-3 with Justices... Continue reading
Posted Jun 25, 2015 at Our Taxing Times
Image
Yesterday, I posted about the eleventh hour tax increases the Kansas Legislature passed on June 12, 2015 to cover the budget shortfall caused by the major tax cuts they passed in 2012. The tax cuts were marketed on the concept... Continue reading
Posted Jun 19, 2015 at Our Taxing Times
Image
The largest tax increase in the history of the state of Kansas. That’s what Kansas Democratic Party Chairman Larry Meeker said of the legislation that was finally passed on June 12, 2015. That was a day after Gov. Sam Brownback... Continue reading
Posted Jun 18, 2015 at Our Taxing Times
Image
As I was out and about this morning, I noticed on the corner at one of our busiest intersections a cluster of signs. Surrounding a yard sign advertising the summer rec center programs were at least seven homemade signs announcing... Continue reading
Posted Jun 5, 2015 at Our Taxing Times
Image
Okay, I missed it. My only excuse was that it came out at the worst possible time (March 23) for me to study the proposed changes. The IRS was asking for feedback to proposed changes on how gambling winnings are... Continue reading
Posted Jun 5, 2015 at Our Taxing Times
Image
If you were planning to grab a tax transcript off the IRS’s online “Get Transcript” program, you’re out of luck. The application has been closed down because about 100,000 taxpayer accounts were broken into. The IRS wasn’t hacked. The thieves... Continue reading
Posted May 27, 2015 at Our Taxing Times
Image
I hope everyone is having a good Memorial Day Weekend. But please take a minute to remember why we celebrate the day: to honor those who have died in service of the United States. In fact, May is National Military... Continue reading
Posted May 24, 2015 at Our Taxing Times
Image
It’s bad enough to lose a court case that most expected they would win but now the IRS is paying more than they ever took in from the RTRP test. Almost $8 million more. From an IRS notice: The IRS... Continue reading
Posted May 22, 2015 at Our Taxing Times
Image
Congratulations Graduates and parents. I wish you good fortune in your future. Graduation is one of life’s major changes. And as with any life changes there are tax issues to be considered. Dependency Exemption Whether the graduation is from high... Continue reading
Posted May 22, 2015 at Our Taxing Times
Trying something new. If it works, I'll use it occasionally for posts. If it doesn't work, I'll just post the link. Continue reading
Posted May 12, 2015 at Our Taxing Times
Image
Now that the actual filing season is over it’s time to start planning for your 2015 tax year. For many taxpayers, that means looking at their withholding. Too large a refund or a balance due might mean the need to... Continue reading
Posted May 7, 2015 at Our Taxing Times
Image
The most dreaded words in modern society - the computer is down. Mine is down, again. I guess it wants a vacation because it keeps turning itself off. It had done this during tax season but my helpful tech guy... Continue reading
Posted May 4, 2015 at Our Taxing Times
Image
Ahhhhhhhhhhh….. Quiet today! Yesterday (April 15th) was a manic depressive kind of day. It would be calm for a while then everyone would call or come by at the same time. (There were the three last minute changes to completed... Continue reading
Posted Apr 16, 2015 at Our Taxing Times
Image
Here we go. It’s April 15th and your income taxes are due today. I have a few reminders and suggestions. Not about preparing your taxes but other tax stuff. If your taxes are not done, I suggest filing an extension... Continue reading
Posted Apr 15, 2015 at Our Taxing Times
Image
A few responses to questions I got today (some I wished I said): Yes, I know that Wednesday is April 15th. I’ve actually had that figured out for quite a while now. Where have you been? It’s been all over... Continue reading
Posted Apr 13, 2015 at Our Taxing Times
Image
Had a client present me with a balance sheet for his business recently that had a negative balance on all the business bank accounts. Since he didn’t handle the books he checked into it for me. The answer he got... Continue reading
Posted Apr 8, 2015 at Our Taxing Times
Image
The Premium Tax Credit (PTC) is now generating IRS letters. The PTC is part of Affordable Care Act which pays part of the health insurance premium for qualified taxpayers. They sign up through one of the Health Insurance Marketplaces (HIM)... Continue reading
Posted Apr 5, 2015 at Our Taxing Times
Image
The IRS has a lot of penalties. In fact, they have a handbook dedicated to penalties. Luckily, most taxpayers won’t face most of them. There are two that the average taxpayer can find added to their balance due and I... Continue reading
Posted Apr 3, 2015 at Our Taxing Times
Image
April Fools Days means that there are two weeks and counting until your 2014 income tax returns are due. So, here are a few tips and reminders to make everyone’s tax life easier the next two weeks …and beyond. If... Continue reading
Posted Apr 1, 2015 at Our Taxing Times
Image
It happens; you owe the IRS or a state income tax. What do you do? You actually have a variety of options available to make your payment. You can send a check or money order, pay online or set up... Continue reading
Posted Mar 29, 2015 at Our Taxing Times
Image
This is not the time of the year to P*** off your tax pro! Do I have your attention? For the last two months, I have been able to help a lot of good people meet their tax filing requirements.... Continue reading
Posted Mar 21, 2015 at Our Taxing Times
Image
There are just a little over three weeks left before April 15th and I’ve been busy with tax returns. However, there have been a few tax items that need to be pointed out now. The IRS has started sending out... Continue reading
Posted Mar 20, 2015 at Our Taxing Times
Image
There is a little more than 3 weeks left before your 2014 tax return is due. What if you can’t get your return done in time to file by then? You can file an extension. It can be done electronically... Continue reading
Posted Mar 20, 2015 at Our Taxing Times