Clik here to view.
Tax Roundup, 4/7/14: Where’s my K-1? And why you should e-file that extension.
The deadline for 2013 1040s is a week from tomorrow, so we may as well start our annual Filing Season Tips feature. Many folks arrive here with a search engine query that goes something like “why...
View ArticleClik here to view.
Tax Roundup, 4/8/14: So what do I do with the K-1? And: they also serve who...
So the K-1 finally showed up from my partnership or S corporation investment. Now what? Remember that the K-1 represents your share of the income and expenses of the partnership/S corporation/trust...
View ArticleClik here to view.
Tax Roundup, 4/9/14: Common K-1 problems. And: if the preparer doesn’t have a...
So you read yesterday’s post and you’re still preparing your own return? You’ve answered the questions you need to ask yourself before starting to put numbers from your S corporation/Partnership/Trust...
View ArticleClik here to view.
Tax Roundup, 4/10/14: Still plenty of time for an IRA! And Iowa Tax Freedom...
When the tax deadline is looming, taxpayers looking for the Tax Fairy to wish away their tax problems often overlook the old-fashioned IRA. You can still make 2013 IRA contributions through April 15....
View ArticleClik here to view.
Tax Roundup, 4/11/14. Why we extend. And: Tax Doctor, Tax Fairy?
Some folks just don’t like extensions. Maybe they want their refund NOW. Maybe they have never extended their return before, and they think it is somehow against the rules. Some people believe an...
View ArticleClik here to view.
Prom weekend filing season tip!
Flickr image courtesy Randy Kashka under Creative Commons license. Prom season coincides with tax season. If you are up late doing your tax return tonight while waiting for your daughter to come home,...
View ArticleClik here to view.
Tax season tip: when you owe and can’t pay.
It happens every year. Sometimes there are even good reasons. The return is ready, the taxpayer owes a bunch, and the cash isn’t there. You don’t have any investments you can turn into cash...
View ArticleClik here to view.
Filing season tip: leave tracks when you file.
No Tax Roundup today, for reasons easily guessed by many readers. As a green 25 year-old staff accountant, I was assigned to deliver a 1040 with a six-figure balance due to a local captain of industry...
View ArticleClik here to view.
Last day reminder list
Programming note: Tax Roundups will return next week. I’m taking a few days off, so it will be quiet around here. Today is the last day of tax season, and the last day to do some important things....
View Article
