Friday Beat IU posbang

Submitted by atroia21 on January 25th, 2019 at 7:23 AM

Bang away MGoFamily 

Maize4Life

January 25th, 2019 at 8:47 AM ^

Ok Ill say it..Am very nervous about this game..As far as regular season title goes this is a make or break game..going 2 games behind MSU would almost be curtains and Bloomington is/has been one of our Houses of Horror. Given our month and half offensive slump, when you roll it all into one only one thing comes to mind.."Danger Will Robinson Danger"

Joined: 11/26/2017

MGoPoints: 3890

uferfan

January 25th, 2019 at 9:00 AM ^

I think we've gotten all of the flatness out of our system in the past week and we'll be ready for the Hoosiers.

Tonight...we hunt!  Go Blue!!

Joined: 02/04/2015

MGoPoints: 24591

BlueMan80

January 25th, 2019 at 9:53 AM ^

Time to regress to the mean and hit all the shots.  Games at IU are always dicey.

After a long week of learning the 2018 tax law so I can help senior citizens file their taxes, I could use a good banging.  Maybe not one of my best ideas to volunteer to do this, but I passed the course and got certified, so on with the show!  Buy some good tax prep software, because you are going to need it.

Joined: 01/21/2011

MGoPoints: 13097

darkstar

January 25th, 2019 at 10:10 AM ^

Should actually be much easier for seniors this year since they'll be almost universally taking the standard deduction unless their medical expenses are high. The issue is the new 1040 forms that were supposed to be simplified - the summary was but then it multiplied like Octomom and they added a bunch more supporting schedules.  As long as you're not dealing with pass-through entities or international issues - those fall in the "CPA and Attorney Job Security Act of 2017" category.

Best of luck.  If you have any tax questions feel free to hit me up

Joined: 11/08/2016

MGoPoints: 11344

BlueMan80

January 25th, 2019 at 1:08 PM ^

They split the 1040 into 1040+4 schedules and moved things around, so comparing 2017 to 2018 will be a challenge for many people.  Remember the post card 1040 Paul Ryan kept flashing, well, the IRS created something that looks like that with the base 1040 form.

People with kids will be challenged, because instead of claiming a simple exemption for child dependents, you now end up with a Child Tax credit, additional refundable child tax credit, and credit for other dependents.  For families with undergraduate college students, itemizing tuition and fees is now replaced with the American Opportunity Credit.  For those beyond their undergraduate years or just taking some classes to sharpen skills, there is the Lifetime Learning Credit.

You are right that the seniors I will be working with should be pretty straightforward, but in talking to the volunteers who have been doing this for years, they get some pretty complex situations with grandchildren as dependents, side businesses, etc.

I may contact you for help in the future, but the coordinators keep saying we'll have experts to help at the tax sites.

Joined: 01/21/2011

MGoPoints: 13097