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"10 Most Expensive Tax Mistakes That Cost You Thousands"
Chances are good that sometime soon, you'll find yourself in front of a football game. Love it or loathe it, from now through early 2020, the game will dominate the airwaves, to the point where, if you can't sleep at 4AM, you can find an ESPN channel somewhere featuring a bunch of aging ex-jocks droning on about their fantasy teams. (If that doesn't put you back to sleep...) Pro football is like a shark, relentlessly prowling for more: more passing, more scoring, more replays, more concussions.
Many fans, turned off by the NFL's 24-hour Hype-o-Matic, have turned their eyes to the college game. This is especially true for schools still paying lip service to the ideal of amateurism. Alumni and students alike thrill to classic sweatshirt-weather matchups from "The Game" between Harvard and Yale, all the way down to the "Rocking Chair Classic" between "little Ivy" rivals Hamilton and Middlebury.
This season, college programs are facing off across the neutral zone from some new patterns at the IRS. The Tax Cuts and Jobs Act of 2017 takes a handful of shots at college sports. And while it may not be the end of the professionalism creeping into college sports, it might be the end of the beginning:
Don't let any of these changes keep you from enjoying the game. Your favorite schools will find ways to adjust to the new laws, just like we do. So pour yourself a crisp bourbon and cider, grab your preppiest down vest, and take up your team's fight song. We'll be guarding the tax line for you!
John Leidy, EA
DIY Books Coach
It was the third day of the very first income tax course when I realized that it will become my mission to help people understand their taxes better to be able to make better decisions and STOP wasting money on taxes they should not have to pay.