Friday, December 13, 2013
WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’
I was out at a CPE class on Schedule C all day yesterday – so I may have missed some good BUZZ.
* Check out the December “issue” of THE LAKE REGION SOMETHING. ‘Nuff said.
* Need a hero? How about an accountant? Check out this music video from British blog THE LIGHTER SIDE OF ACCOUNTANCY AND TAX. Click here.
* Kay Bell brings us “Tax Carnival #123: It's Beginning to Look a Lot Like Tax Time” at DON’T MESS WITH TAXES.
Kay begins the Carnival by taking a page from my book – a tax-related parody of a Christmas song -
“It's beginning to look a lot like Tax Time,
Everywhere you go.
Take a look in the tax pro's den, stuffed so full once again,
With year-end tips all filers need to know.
It's beginning to look a lot like Tax Time,
April's just months away.
But the smartest move to make is the tax break you can take
Before New Year's Day.”
* And Kay talks about “Tax and Other Fun at Deductible Office Holiday Parties” in a timely post.
* Tony Nitti, a member of the FORBES.COM stable of tax bloggers, has an informative, and entertaining, Tax Geek Tuesday entry on the “Tax Treatment of Commuting Costs”.
* ACCOUNTING TODAY tells us about the latest National Society of Accountants (the “other” NSA) survey of tax preparation fees, reporting that “Tax Prep Fees on the Rise” -
“Taxpayers can expect to pay an average of $261 for an itemized Form 1040 with Schedule A and a state tax return, the survey found, compared to the $246 reported in last year’s survey.
The fee for non-itemized return will also rise, to $152 for a Form 1040 and state return, against $143 last year.”
Fees vary by region. For my region – Middle Atlantic (NJ. NY, PA) the average cost of A Form 1040 with Schedule A and a state return is $274.00.
My clients – did you see that? I trust you realize how lucky you are!