78 Ideas for Your Tax Blog
“I don’t know what to write about.”
This is a common excuse I’ve heard from tax practitioners for not keeping up a regular blog on their website. As tax practitioners, we deal with the tax code every day. It’s easy to forget that our clients and prospective clients don’t share our depth of knowledge. What seems obvious to us may be completely unknown to them.
A regular blog on a variety of topics will never take the place of your guidance as a trusted accountant who knows the intimate details of your clients’ financial matters. But it can enhance your practice by educating your clients about methods for reducing taxes and building long-term wealth. It can also save you time by providing you with posts you can simply point your clients to when they ask a question you’ve heard over and over.
Adding fresh content to your website on a regular basis is one of the criteria used by Google for search engine rankings. Google is continually revising its search ranking algorithm in an attempt to make the search experience a positive one for users. The emphasis is on quality and quantity, not on tricks designed to increase ranking at the expense of providing useful information to the searcher.
Here are 78 topic suggestions for your tax blog. These should keep you busy for a while — and serve as a starting point for additional topics to write about!
- Are you on track with your retirement saving?
- Roth vs. Traditional IRA — how to choose
- Rules for taking distributions from Roth and Traditional IRAs
- What happens when the IRA owner dies — why your beneficiary choice is critical
- Rules for borrowing from your IRA
- Qualified charitable distributions from IRAs — how to do this and what are the tax benefits
- Rules for rolling over a retirement account into another account
- Time value of money — how a little invested early can beat large sums invested later
- Retirement plans for self-employed and small business
- Defined benefit plans — why this may be a great choice for some small businesses
- What the new repair regulations mean for your business
- Taking advantage of the safe harbor de minimis election for purchases of small items
- Repair regulations — when is it a repair that you can expense and when do you have to capitalize it
- Business use of vehicles — when is your drive a commute, personal or business use?
- What kinds of vehicles are eligible for a 100% write-off in the year you buy them
- Documentation requirements for business use of vehicles and how to make it easy
- Estimated payments and how to calculate safe harbor amounts
- Nexus for income tax — what are the rules overall and what are the rules for your state and those nearby
- Nexus for sales tax — how is ecommerce changing this, and how can you monitor this
- Domestic Production Activities Deduction: What businesses are eligible and how to calculate it
- Research & Development credit — what are the potential tax savings and what businesses are eligible
- When does it make sense to do a cost-segregation study for the building you use for your business
- Qualified leasehold improvement rules — what improvements qualify for 15-year depreciation
- Vacation home rental rules
- Selling your personal home — Timelines for excluding gain for personal use
- Depreciation recapture from business use of your personal home
- Converting your home to or from a rental property
- Step-up in basis of your home at death of spouse — how this works in a community property state vs. a separate property state
- Choice of entity — Advantages and disadvantages of each type
- Agreements and contracts for your business — why you need a formal agreement and why your CPA needs to see it
- S-corporations — overview of this entity type and how this can save on self-employment tax
- Reasonable compensation for an S-corporation owner
- Formation and dissolution of a business
- Late election relief for an S-corporation
- Distribution issues for S-corporations — must be proportionate and when they can become taxable
- Shareholder loans — what you need to do to avoid reclassifying these as capital contributions or distributions
- Basis issues for S-corporations
- Accumulated Adjustments Account (AAA) — what this is and how transactions affect it
- Partnerships — overview of this entity type and benefits of complete flexibility in agreements
- What partnership income is subject to self-employment tax — recent IRS cases
- Partner loans, partnership debt, and basis issues
- Section 704(b) allocations in partnerships
- C-corporations — overview of this entity type and when this is an appropriate choice
- Best ways to get cash out of a C-corp and avoid double-taxation
- Like-kind exchanges — how to structure and execute these for maximum tax savings
- Mortgage interest deduction rules — how to calculate allowable amount when your mortgage is over $1.1 million
- How a recent IRS decision on mortgage interest is a bonus for unmarried couples
- Estate tax — how the portability rules can affect you and your spouse
- Charitable deductions of non-cash items — when do you need an appraisal
- How to document donations to charities
- Household employees — reporting and tax issues
- Taxability of barter transactions
- Stock options — how to decide when to exercise and when to sell
- How investing in muni bonds can save you taxes
- Harvesting losses in your portfolio to save capital gains tax
- Passive activity loss rules — what you need to know before investing in a passive activity
- Rules for qualified real estate professionals — how to meet them and the tax benefits this classification accords
- How to structure gifts to maximize the benefits for all parties
- Section 1202 stock — gains on sale are tax exempt
- Setting up an accountable plan to reimburse an S-corporation shareholder for expenses
- Section 179 limits explained
- Gambling income and losses — what you can deduct and what records you need to keep
- Hobby loss rules and your small business — how to protect yourself in case of an IRS audit
- What to do in case of tax identity theft
- Tax breaks for higher education expenses
- What expenses qualify for the childcare tax credit and what documents you need from your provider
- Rules for claiming someone as a dependent on your tax return
- Avoid underpayment penalties by increasing tax withholding from salaries
- Cash vs. accrual basis on tax returns
- Dependency exemptions for children of divorced parents
- Lease accounting rules — how the GAAP rules differ from tax rules
- When does it pay to outsource your bookkeeping
- How hiring a remote CFO can help you grow your business
- Changing from cash-basis accounting to accrual (or vice versa)
- How to correct mistakes in depreciation
- What to do when you receive a letter from the IRS or your state tax authority
- Ways to structure the sale of a business to save on taxes
- What is AMT and how to reduce your exposure
I hope this list give you plenty of ideas for your tax blog. Your client base, your practice and your team are all unique. Your blog will be most successful if it reflects that uniqueness.