Friday, April 28, 2023


The BUZZ is back with a “meaty” installment.
* Another week another item on weather-related tax relief – “Indiana storm victims get federal tax relief” from Jeff Stimpson at ACCOUNTING TODAY.
* Did you know the IRS website has a “Tax Withholding Estimator”?  As the website explains, you can “use this tool to estimate the federal income tax you want your employer to withhold from your paycheck” and “see how your withholding affects your refund, take-home pay or tax due.
Check out this tool if you paid Sam too much or got too big a refund on your 2022 federal income tax return,
* What has Key Bell been up to?  The authoress of the blog DON’T MESS WITH TAXES has been “Peeking at Biden, Harris 2022 tax returns”.
You can check out Joe’s returns for yourself here and Kamala’s here.
* And in another post Kay shares some “Tax record keeping tips”.
* Roger Russell provides a detailed discussion of “The Complicated World of Noncash Contributions” at ACCOUNTING TODAY -

The complications arise when dealing with substantiation requirements.”
* Tanza Loudenback explains in detail “
What’s the Difference Between a Traditional IRA and a Roth IRA?” at the Wall Street Journal’s BUY SIDE column.
* Speaking of ROTH IRAs, Sarah Brenner talks about “
The 5-Year Rule For Converted ROTH IRA Funds” at THE SLOTT REPORT.

(I apologize for the all caps today - the blogger system seems to be FU-ed. Sometimes it is a real PITA.)

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