New Microsoft Word 365 REWRITE Feature

The word "rewrite" in block letters

Reading Time: < 1 minuteImagine you are drafting a curriculum masterpiece that you will share with your whole college team, but your “wordsmithing” superpowers are woefully tired for the day. So the new Word feature called “Rewrite” will really come in handy. Instead of finding yourself repeating phrases or looking for better expressions when writing in Word? Check out […]

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Should the Individual AMT Be Repealed?

Image of the words Alternative Minimum Tax

Reading Time: 2 minutesContributing Author: Jim Young  The alternative minimum tax (AMT) was put in place in 1969, and it has been a controversial part of the tax law ever since.  Taxpayers who are subject to the AMT discover that many of the tax benefits received when computing the regular income tax liability are taken away for AMT purposes.  This provides confusing […]

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“Login with Facebook” Is a Bad Idea

image of someone logging into a site

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 […]

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Exempt Orgs Must File 990s

image of tax form 9990

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 […]

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Book-Tax Differences and Integrated Learning

image of a spreadsheet and a calculator

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 […]

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QBI Deduction: Sports Team Owners’ Problem

image of a pencil and the words "standard deductions"

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.  […]

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Facing a New Generation of Students: What Will Gen Z’s Bring?

various people from gen x next to group of people from Gen Y

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 […]

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