Reading Time: 4 minutesBy: William A. Raabe, Co-Editor of the South-Western Federal Taxation series Issues involving identity theft have plagued citizens for over a decade. The most frequently encountered tax manifestations of identity theft include buying or stealing a taxpayer’s social security number and then filing a tax return claiming deductions, credits, or refunds that are sent to the […]
Reading Time: 2 minutesBy: Annette Nellen, Co-Editor of the South-Western Federal Taxation series Conyers, Order No. 13969-18 (9/11/19) – This designated order held that Ms. Conyers had to report the value of a Jeep and one year of car insurance she won. While a senior in high school in Tennessee in 2016, her high school entered her in the […]
Reading Time: < 1 minuteHere’s how, with 3 Clicks you can add websites to your MindTap Course. What You’ll Get from this Tip: Step 1: Install Diigo Bookmarklet Step 2: Create a Diigo Group Step 3: Connect Diigo Group to MindTap Now as you add web pages to Diigo, they’ll now be automatically added to MindTap! […]
Reading Time: 2 minutesBy: D. Larry Crumbley, Contributor to the South-Western Federal Taxation series An excise tax at the Federal corporate tax rate (21 percent) is applied to the five highest-paid covered employees of tax-exempt organizations where such employees’ remuneration exceeds $1 million or the employee receives excess parachute payments. This excise tax applies to universities and their athletic associations (e.g., coaches). IRC […]
Reading Time: < 1 minuteIn her webinars on using virtual and mixed realities in higher ed, Corinne Hoisington shared ideas and tools to use these new technologies in your course. Here are some links to explore to get you started with virtual reality. VIRTUAL REALITY DEVICES Oculus Rift HTC Vive Google Cardboard VIRTUAL REALITY APPS YouTube 360: for use […]
Reading Time: 2 minutesBy: Gregory Carnes, Contributor to the South-Western Federal Taxation series For individual taxpayers, what is worse than having a revenue-generating hobby? Nothing!! This is even more true after the Tax Cuts and Jobs Act of 2017. If an activity is determined to be a hobby, rather than a business, there are a number of deduction limitations placed on activity. These […]
Reading Time: 2 minutesJames Lang (author of the book “Small Teaching”) visited our Cengage offices in 2017 to talk about an approach to teaching that one of his colleagues (Ken Bain, author of “What the best college teachers do”) found was used by, well, the best college teachers. You’ll see these ideas reflected all around our community – […]
Reading Time: 2 minutesThe taxation of higher education related savings, costs and interest expense is a fairly complex area of the law due to the numerous rules. Some of the rules don’t work in conjunction with one another. Studies from the GAO and others have sometimes found that some taxpayers do not claim tax breaks they are eligible […]
