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Larry The Cable Guy Needs To Turn In Receipts

Larry The Cable Guy Needs To Turn In Receipts

Unreimbursed expenses you have to incur as an employee are deductible, but only kind of.  They are miscellaneous itemized deductions subject to the 2% floor.  You combine them with other miscellaneous itemized deductions, such as investment fees, and you get to deduct...
Phil Driscoll To Supreme Court – Enough Not Enough

Phil Driscoll To Supreme Court – Enough Not Enough

I really promise to not turn my blog into “All Parsonage Exclusion All The Time”, but there is one more development in August that has not received much attention. Phil Driscoll is appealing to the Supreme Court.  Phil Driscoll could be the poster boy of...
In Defense Of Special Tax Treatment For Clergy

In Defense Of Special Tax Treatment For Clergy

Ministers are allowed to exclude the portion of their compensation designated as a housing allowance from their taxable income.  Quite a few people question the constitutionality of this provision and it looks like it may be finally put to the test.  A federal...
Pitney Bowes Passes Go From Boardwalk But Lands On Income Tax

Pitney Bowes Passes Go From Boardwalk But Lands On Income Tax

Originally published on Forbes.com on September 6th, 2012 When playing Monopoly it was great to land on Boardwalk, as long as somebody else did not already own it.  But  wasn’t it annoying if you then rolled a five ?  You pass Go, get your $200 and bang it is...
Google Plays Bess Truman To Jill Stein As Harry

Google Plays Bess Truman To Jill Stein As Harry

Originally published on Forbes.com on September 4th, 2012 There is a story that a friend of Bess Truman once asked her why she did not get her husband, Harry, to stop saying manure so frequently.  Her reply was that it had taken her over 25 years to get him to start...