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Small town Kansas
I am a tax professional and business owner
Interests: business, web design, directing and acting, and of course - taxes
Recent Activity
Do you know how much your dependents earned in 2014? I would strongly suggest finding out before you get your own tax return prepared this year. Every year I write a post asking parents to check their children’s W-2 or... Continue reading
Posted yesterday at Our Taxing Times
Congress passed the Achieving a Better Life Experience (ABLE) act of 2014 on Tuesday (12/16/15) when it voted on the tax extender bill. This bill creates a new tax free account that can be used to help with disability expenses... Continue reading
Posted 2 days ago at Our Taxing Times
The Senate has finally passed a one year extension of the “tax extenders”. The House passed the bill last week and President Obama is expected to sign the bill. What are “tax extenders?” These are a bunch tax provisions which... Continue reading
Posted 2 days ago at Our Taxing Times
Unless you’ve been under a rock, you should know by now that the IRS has released their new voluntary tax preparer program. The new program is designed to be in place January of 2015. The IRS is using this voluntary... Continue reading
Posted Jul 6, 2014 at Our Taxing Times
…less chance of notices from the IRS or a state. I e-file everything I can. It’s quick, easy and more accurate than paper filing. The accuracy is important to me because I hate responding to tax notices. It’s bad enough... Continue reading
Posted Jun 26, 2014 at Our Taxing Times
I’ve talked about this a lot – taxes are your responsibility. Personal or business, the bottom line is that you are responsible for filing the returns and paying the tax. Using a paid preparer doesn’t get you out of that... Continue reading
Posted May 8, 2014 at Our Taxing Times
I will be the first to admit I have neglected this blog the last six month. It was hard to post while I was in the hospital and in rehab. Once home, it took everything to keep up with tax... Continue reading
Posted Apr 28, 2014 at Our Taxing Times
There is a little less than 3 weeks left before your 2013 tax return is due. So what if you can’t get your return done in time to file by then? You can file an extension. It can be done... Continue reading
Posted Mar 27, 2014 at Our Taxing Times
20 Days; 8 Hours That’s what my countdown calendar said the time remaining until 6pm CDT on April 15th. Three of those days are Sundays so that realistically gives you 17 days to come see me. Early in the season... Continue reading
Posted Mar 26, 2014 at Our Taxing Times
Dear Telemarketer – please understand that I am tired and swamped and the one reason I am addressing this issue now is that I want to post something to the blog today. But I also have a point to make:... Continue reading
Posted Feb 25, 2014 at Our Taxing Times
A quick post about a problem I see occasionally, brokerage statements. Actually, my problem is clients who don’t bring in the whole statement. I know you think you’re helping me by just giving me the pages with the 1099INT, 1099DIV... Continue reading
Posted Feb 24, 2014 at Our Taxing Times
A quick timeout from tax returns! Today the D.C. Circuit Court of Appeals handed the IRS a setback. In a unanimous decision it rejected the IRS’s appeal of the Loving decision. Back in 2010, the IRS set up tax preparer... Continue reading
Posted Feb 11, 2014 at Our Taxing Times
(Warning – this is an overview! I’m skipping some stuff to make a point. Talk to your tax pro about your specific situation. Dependency issues are very tricky.) I would like to suggest that parents do a little IRS prevention.... Continue reading
Posted Jan 30, 2014 at Our Taxing Times
Just a quick reminder - 2013 W-2s and other informational returns don't have to be mailed until January 31, 2014. Your employer isn't late if you haven't received your W-2 yet. And no, you can't use your last pay stub... Continue reading
Posted Jan 29, 2014 at Our Taxing Times
Don’t want or can’t pay a tax pro to do your tax return? You have some options. There are a stack of commercial programs and online sites to choose from that will help you prepare your income taxes. Most walk... Continue reading
Posted Jan 29, 2014 at Our Taxing Times
This is a big year for Kansas taxes. Most of the tax changes the legislators made in 2012 went into effect in 2013. For individuals, the major change is how Kansa will be taxing income from a business. Basically, they... Continue reading
Posted Jan 23, 2014 at Our Taxing Times
Tax time is approaching fast and taxpayers are beginning to think about filing their tax returns. Some know if they will be using it themselves or they have a tax return preparer they intend to stick with. But if you... Continue reading
Posted Jan 14, 2014 at Our Taxing Times
The IRS has announced that beginning January 1, 2014 the fees for the installment agreement and Offer in Compromise will increase. The basic fee for the installment agreement will increase from $105 to $120. Taxpayers who need to have their... Continue reading
Posted Dec 28, 2013 at Our Taxing Times
I hope everyone had a great Thanksgiving and are rested up for the holiday season. I'm still in rehab from the broken hip and have been watching more TV than I usually do. As a result, I've seen several ads... Continue reading
Posted Nov 30, 2013 at Our Taxing Times
I'm still rehabbing from the broken hip. When this happened, I thought it would be simple to keep up the Blog and other writing. I have the time, but instill haven gotten the hang of working in bed mostly on... Continue reading
Posted Nov 19, 2013 at Our Taxing Times
For the second year, the IRS had delayed the start of the tax season. Processing for 2013 tax returns should begin on Febuary 4th due to the government shut down in October. The IRS has been working to add processing... Continue reading
Posted Nov 10, 2013 at Our Taxing Times
I tried to post before and couldn't get it to go from Safari on my iPad. Let's see if Blogsy will let me post. I've been missing in action the last few weeks because of a broken hip. On October... Continue reading
Posted Oct 27, 2013 at Our Taxing Times
…cue the scary music from Poltergeist! The Health Insurance Marketplace (HIM) opened today! The Affordable Care Act (ACA) mandates that almost everyone must have health insurance by January 1, 2014. The HIM is a way for anyone not covered by... Continue reading
Posted Oct 1, 2013 at Our Taxing Times
Extensions are due in two weeks. But what if you can’t get your tax return filed by October 15th? First, it depends on if you owe or are getting a refund. The second question is how long will it take... Continue reading
Posted Sep 30, 2013 at Our Taxing Times
The IRS needs a Frank Abagnale. I read Christopher Bergin’s Forbes post entitled “We Need a Tax Professional to Run the IRS” and it made sense to me. Then I got to thinking about how Congress writes new tax laws... Continue reading
Posted Sep 29, 2013 at Our Taxing Times