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 […]

Read More…

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.  […]

Read More…

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 […]

Read More…

Are Passive Activities Worthwhile Investments?

Hand containing money

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 […]

Read More…

SWFT Tax Update (Coronavirus Changes)

IRS placard

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 […]

Read More…

Student Internships: Alive but Ailing During the Pandemic

Search bar containing "internship...?"

Reading Time: 2 minutesJanet Mizrahi is a continuing lecturer of professional writing at the University of California, Santa Barbara. She is also an author at BizCommBuzz.   As if our students don’t have enough to contend with, many of them who were counting on internships during spring and summer are being met with shut doors. While colleges across […]

Read More…

Dear Diary: A Chronicle of My First Month Teaching Online

Typewriter with "dear diary" typed out on paper

Reading Time: 3 minutesJanet Mizrahi is a continuing lecturer of professional writing at the University of California, Santa Barbara. She is also an author at BizCommBuzz.   This is a departure from my typical contributor posts. It chronicles my experiences teaching online in a journal format. I hope it resonates with you as you work to navigate teaching […]

Read More…