Reading Time: 3 minutes[Reading time – 2 minutes 25 seconds] There are a growing number of websites that allow users an option to login. You can enter a username and password you created that is unique for that site. Or you can click on a “Login with Facebook” button and enter your Facebook username and password instead. But […]
Reading Time: 4 minutesContributing Author: William A Raabe The application to become a tax-exempt entity is time-consuming but not difficult to complete. Most applications (over 90%) eventually are approved, with about 80,000 new exempt organizations created every year. Tax exemption is such a valuable asset for an organization, such as by allowing charitable income and estate/gift tax deductions […]
Reading Time: 2 minutesCengage takes inspiration and guidance from the best books on teaching techniques. Two of our favorite authors are James Lang (author of “Small Teaching”) and Ken Bain (author of “What the best college teachers do”). James Lang joined us in our NYC offices in 2017 to talk about a number of the ideas that he […]
Reading Time: 3 minutesContributing Author: Toby Stock Introduction Cognitive scientists document that repeated exposure to topics results in better learning, and that integrating topics also yields retention benefits. Despite this, income tax classes are frequently so “jam-packed” with topics that it is difficult to re-visit earlier topics or integrate them with new topics. However, an opportunity to […]
Reading Time: 2 minutesContributing Author: D. Larry Crumbley On August 18, 2018, the Treasury Department and the IRS issued Proposed Regulations for Section 199A. They received written and electronic comments regarding these proposed regulations and held a public hearing on October 16, 2018. After consideration of these comments, the Treasury Department issued Final Regulations with modifications on October 16, 2018. […]
Reading Time: 3 minutesFor those of us who have been teaching for two or more decades, we have faced several generations of students. Each has brought challenges that required assessment of our methods. Baby Boomers Born 1946 to 1964: the years are approximate and overlap. Many grew up in a very structured and well-disciplined household, which led to […]
Reading Time: 3 minutesSWFT Tax Blog, March 2020 Author: Toby Stock Chapters Individuals, Chapter 11 Comprehensive, Chapter 11 Essentials, Chapter 12 Introduction Students (and others) often do not understand how a “business” that breaks even on before tax cash flows can be a desirable investment. However, this was a possible outcome before Congress enacted §469. The example below […]
Reading Time: < 1 minuteThe past several weeks has seen a flurry of Federal legislative activities related to the coronavirus, as well as actions by the Internal Revenue Service: The Coronavirus Aid, Relief, and Economic Security Act [CARES Act; P.L. 116–136 (March 27, 2020)]; The Families First Coronavirus Response Act [P.L. 116–127 (March 18, 2020)]; IRS Notices 2020-18 and […]
