We have a winner! Jeremy guessed first that the right letter was S (Slovak Republic, Slovenia, South Africa, Spain, Sri Lanka, Sweden, and Switzerland. Keep watching for our next question. It’s tax season! Okay, it’s a weird tax season, but still tax season. And that means tax trivia! Our next tax trivia question is: The…
It’s my annual Taxes from A to Z series! If you’re wondering how to figure basis for cryptocurrency or whether you can claim home office expenses during COVID, you won’t want to miss a single letter. J Is For Jeopardy Assessment. Okay, I should come clean from the beginning: This post doesn’t involve Alex Trebek….
We have a winner! Jim and Mike both guessed – at the same time – that Capone’s preferred nickname was Snorky. You both get mugs! Keep watching for our next question.It’s tax season! Okay, it’s a weird tax season, but still tax season. And that means tax trivia! Our tax trivia question is: Infamous tax…
It’s that time of year: tax season trivia! Over the next several days, I will post tax trivia questions at random times (thus making it more fair for my east coasters, west coasters, and everyone in between). The first reader to correctly submit an answer for the respective question wins. Here are the rules: Don’t…
The tax filing deadline for individual taxpayers is just a week away. If you’ve been pushing off filing, you may want to consider filing for an extension. It only takes a few minutes, there are no special hoops to jump through, and there’s no fee payable to the Internal Revenue Service (IRS). And contrary to…
While most taxpayers are focused on the individual tax filing due date, there’s another deadline looming. In addition to being the revised individual and corporate due date for the 2019 tax year, July 15, 2020, marks the filing deadline for many tax-exempt organizations. Information returns for tax-exempt organizations are ordinarily due on the 15th day…
It’s my annual Taxes from A to Z series! If you’re wondering how to figure basis for cryptocurrency or whether you can claim home office expenses during COVID, you won’t want to miss a single letter. I Is For Inflation. Inflation is the measure of the rate at which the average price of goods and services…
It’s my annual Taxes from A to Z series! If you’re wondering how to figure basis for cryptocurrency or whether you can claim home office expenses during COVID, you won’t want to miss a single letter. H is for Head of Household. I know what you’re thinking: Head of Household is an easy one. That’s…
It’s my annual Taxes from A to Z series! If you’re wondering how to figure basis for cryptocurrency or whether you can claim home office expenses during COVID, you won’t want to miss a single letter. G is for GILTI. GILTI – which ranks up there as one of the best tax acronyms of all-time…
It’s my annual Taxes from A to Z series! If you’re wondering how to figure basis for cryptocurrency or whether you can claim home office expenses during COVID, you won’t want to miss a single letter. F is for FTE. FTE is one of those terms that many folks had never heard of before the…