Tax Inversions, Patriotism, and Screwing Up Obamacare

Tax Inversions, Patriotism, and Screwing Up Obamacare
While I was looking through my analytics yesterday, I found an odd search query that had somehow brought someone to my page: “more patriotic-sounding alternative to tax invetsion [sp].” Maybe if they had spelled “inversion” right it would have come up with some witty list of patriotic euphemisms. The best idea I can come up with is “The Eagle’s Plight.” ...

Moving Expense Tax Deduction for 2014

Moving Expense Tax Deduction for 2014
(This is part of a series looking at various common 1040 questions. To go back to the summary page, click here) My dad speaks German, and when he overhears someone speaking German in the US, he can’t help but interject for a brief chat. When he asks the tourist what they think of the US, they almost all ...

Out-Of-Office Email Deleter – Good or Bad?

Out-Of-Office Email Deleter - Good or Bad?
Ever since jumping out of the public accounting ship, email has started shifting from inundating flood to a genuine means of communication (though it still triggers bouts of PTSD from time to time). Public accounting email served as that electronic leash, rigged up to your smart phone as a constant reminder that your life is not ...

Accounting Puns Sure To Get You Groaned Out of the Party

Accounting Puns Sure To Get You Groaned Out of the Party
Accounting is Accrual Profession! Get it? Accrual sounds like “a cruel”? Yeah, I know, pretty bad. It’s one of those accounting puns that you’d expect Parks and Rec’s Ben Wyatt telling Barney Varmn and co. to side splitting laughter while the audience mentally thanks the guidance councilor who steered them away from accounting. My parents got me ...

1040 Line 24 – Reservists, Performing Artists, etc.

1040 Line 24 - Reservists, Performing Artists, etc.
(This is part of a series looking at various common 1040 questions. To go back to the summary page, click here) Sometimes tax law is confusing on its own, and sometimes the IRS makes it confusing by jamming too much information into one line. 1040 Line 24 qualifies for the latter treatment, with so much information that ...

No, Accountants Can’t Spell

No, Accountants Can't Spell
A few years back I wrote a series about “What Do Accountants Do.” Well, one thing we don’t do is spell. I sent several returns on to my boss, and this was the only review point I got back:   Story of my life. I just got a voice mail from my elementary school demanding their diploma ...

A Token of Help: Educator Expense Deduction 2014

A Token of Help: Educator Expense Deduction 2014
(This is part of a series looking at various common 1040 questions. To go back to the summary page, click here) My grandpa worked as a high school biology teacher for forty years, and one of his great pearls of wisdom to his three kids was to never go into teaching. Considering that two of them teach, and ...

Beautifully Horrific Creatures

Beautifully Horrific Creatures
Every now and then I have a thought unrelated to tax and accounting, such as my review of Bluebeam or my insight on racism in Peter Pan. Last week, while I was trying to shift over to Goodreads (Amy linked my Amazon account with her Shelfari account a couple years ago, which recently resulted in my Shelfari ...

Other Income Taxes and Self Employment

Other Income Taxes and Self Employment
(This is part of a series looking at various common 1040 questions. To go back to the summary page, click here) When working through the 1040, one line that can cause a bit of panic is the Other Income on Line 21. The rest of the lines are nice and specific, or at least specific enough to ...