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Written by tax professionals for CPAs, EAs, and tax preparers.

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American Rescue Plan: What Tax Pros Should Know

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

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

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?

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

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…
Should Qualified Plan or IRA Distributions be Included on the 2020 Return?

Should Qualified Plan or IRA Distributions be Included on the 2020 Return?

Making the Argument to Include Entire Qualified Plan or IRA Distributions on the 2020 Return. To assist taxpayers financially during the pandemic, Congress enacted several changes to early withdrawal rules…