Tax School Blog

Welcome to the U of I Tax School blog – where you’ll find current, relevant, and actionable information for your practice (and have some fun doing it).

The U of I Tax School blog is written by tax professionals for tax professionals.

Subscribe to Blog

Individual Filing Extension & American Rescue Plan Updates

Individual Filing Extension & American Rescue Plan Updates In this video, Tom covers news of the individual filing extension as well as updates to specific provisions of the American Rescue…

American Rescue Plan: What Tax Pros Should Know

American Rescue Plan: What Tax Pros Should Know With the American Rescue Plan, signed by President Biden on March 11, 2021, comes a great deal of items for tax preparers…

What’s the Gig Deal? Part 2

What’s the Gig Deal? Part 2 In this second installment looking at the gig economy, Tom dives into worker status. Should they be classified as an employee or as an…

March 6 and the 65-Day Rule

March 6 and the 65-day rule Why is March 6 important when dealing with trustees who are in control of complex trusts? It March 6 becomes a very important date…

What’s the Gig Deal?

What’s the Gig Deal? The number of people working “gig” jobs, such as food delivery and driving for ride-sharing services, certainly seems to have gone up during this time of…

Allocating Marketplace Premiums

Allocating Marketplace Premiums It’s not what you (or I) might think Tom talks through a couple of examples of allocating marketplace premiums within a family. We hope this brief video…