Our Tax System beat out France! And lost to everyone else. . .

Our Tax System beat out France! And lost to everyone else. . .
How many people woke up this morning thinking, “where does the United States’ tax system rank with other OECD countries?” For me, it was the second thought of the day, right after, “where did my dog decide to poop during the night.” Fortunately, there’s an answer to that (the tax ranking. There’s an answer to ...

Happy 9/15

Happy 9/15
The tax preparers’ real deadline

Releasing Politicians’ Tax Returns – A Nonissue Issue

Releasing Politicians' Tax Returns - A Nonissue Issue
The Colorado news wires filled up last night with the same story again and again: Governor John Hickenlooper and challenger Bob Beauprez released their latest tax return to the public. Pressure was mounting for Beauprez to release his returns in the preceding weeks, so their release isn’t a surprise. But we finally got them. And ...

Bluebeam Tips – Creating Customized Tools

Bluebeam Tips - Creating Customized Tools
I have one more Bluebeam tip in store, after all the other tips I’ve covered (see comparing documents, marking up workpapers, and changing text). This will probably be my last accounting Bluebeam tip before returning back to the regular tax world. When creating a workpaper, back in the old paper days we’d call out different numbers ...

Bluebeam Tips – Comparing Documents

Bluebeam Tips - Comparing Documents
Have you ever wondered what the commission rate is for hold music? I’ve been on hold with OneSource software support for so long that those are the kinds of questions entering my mind. But let’s talk Bluebeam instead. Last week I covered how to mark up a document and how sign off on numbers and changes. ...

Bluebeam Tips – Marking Workpapers

Bluebeam Tips - Marking Workpapers
On Wednesday I introduced a couple of quick Bluebeam tips to replace text in any document. Today, I’m moving onto something a little more accounting specific: reviewing workpapers. For this example, I threw random numbers and names on a New Jersey tax return. We’re going to pretend like it is a workpaper. If you have ...

Bluebeam Tips – Adding and Changing Text

Bluebeam Tips - Adding and Changing Text
A couple months back I posted a review about Bluebeam stating how much better the PDF editing document was for working on tax returns than the competing software. Revu, after reading the review, was kind enough to provide me with a new copy of Bluebeam, for which I am extremely grateful. Since I’m in the middle of ...

Best Tax Pictures on Flickr

Best Tax Pictures on Flickr
While placed on an interminable hold with ThomsonReuters, I decided to check out Flickr for the best Creative Commons images that come up when you search for the word “tax.” Although the majority were pictures from protests (either for or against other people paying taxes), I was able to weed out a few that are ...

Professional Tax Software Rant

Professional Tax Software Rant
Since I have to get through something like 130 state returns over the coming weeks, it’s been a bit busy around here. So instead of writing an insightful post that no one will read, I’m going to do a quick, ranting post that no one will read. Side note: some of my posts actually get ...

Is Any Portion of Self Employment Tax Deductible?

Is Any Portion of Self Employment Tax Deductible?
(This is part of a series looking at various common 1040 questions. To go back to the summary page, click here) Self employment taxes are the bear trap of the tax world: technically you should have read that small sign warning about them, and maybe you should have seen them hidden just off the beaten path, but ...