Tag: Accounting

I now teach at the University of Idaho!

Posted on | by Steve M. Windham, LLM, MBA, EA

University of Idaho

Commencing in January 2023, I will be teaching Accounting part-time, online at the University of Idaho in the Accounting & MIS Department of the College of Business and Economics.  If anyone is looking to obtain a Bachelor in Business Administration degree, the University of Idaho now offers an Online Bachelor of Business Administration Degree, as well as several Online Business Certificates.  The College of Business and Economics Online Education page can be found here: https://www.uidaho.edu/cbe/distance-education.

University of Idaho students -- Click here for my teacher page.

Me a the University of Idaho in November 2022.
Me, at the University of Idaho, Administration Building in November 2022.

If you are a client and are wondering if I am still going to be offering my accounting and tax services, the answer is: Yes!  For the most part, everything will be business as usual.  The only caveat is that I am doing more work online and meeting less with clients in person.  If, however, your situation necessitates that we meet in person, this can be arranged.  For more information, please visit: https://windhamsolutions.com/year-end-2022-update/ or call me at: 707-65-3325.

Accounting III Start Date

Posted on | by Steve M. Windham, LLM, MBA, EA

Hello Everyone,

The start date for Accounting III will be Tuesday, June 09, 2020.  The run time will be from 6:00PM to 9:00PM.  We will meet once per week for approximately 12 to 15 weeks.

Initially, the first few meeting will be held online using Zoom.  When things open up from the Coronavirus, we will move the meeting to in-person at my home in Vacaville.

Note that the first few meetings will be used to review Accounting I and II concepts, and to address technology issues, books and working papers issues, et cetera.

Please feel free to contact me if you have any questions.

Please review these posts for more information:

Accounting III Update

Announcement To My Fairfield-Suisun Adult School Accounting Students

 

Introducing the IRS Form 1040-SR, U.S. Tax Return for Seniors

Posted on | by Steve M. Windham, LLM, MBA, EA

For tax year 2018, the Internal Revenue Service introduced the "postcard" 1040, along with six new schedules (to make up for chopping the Form 1040 in half).  Forms 1040-A and 1040-EZ were also eliminated.

For tax year 2019, the Internal Revenue Service is introducing the Form 1040-SR, U.S. Tax Return for Seniors.

Interestingly, the old Form 1040 was largely able to accommodate everything the 1040-A, 1040-EZ, the new "postcard" 1040, and the 1040-SR could accommodate without the six additional schedules.

So while these curious new forms are somewhat interesting, they have done little, if anything, to streamline tax filing.  This seems to be another case of the government fixing something that is not broken, as the Form 1040 was a finely-honed and efficient form that did an exemplary job of reporting individual income to the Internal Revenue Service.

My Resignation from the Fairfield-Suisun Adult School

Posted on | by Steve M. Windham, LLM, MBA, EA

Dear Students and Colleagues,

On Friday, February 15, 2019, I resigned my teaching position at the Fairfield-Suisun Adult School.  My resignation was accepted by the Fairfield-Suisun Unified School District on Thursday, February 21, 2019.  Without going into details, I will say that this was not a decision that I took lightly.  I will miss working with my amazing students and colleagues.  I plan on teaching accounting and financial crimes at another school in the not too-distant future.  For those trying to access my teacher page, it has been disabled by the administrators.  I have migrated some of the information from my teacher page to this website.

Steve M. Windham

Journal of Accountancy Podcast, “What CPAs need to know about providing services to marijuana businesses”

Posted on | by Steve M. Windham, LLM, MBA, EA

Whether or not you are a CPA, if you are an accountant and wish to provide services to a marijuana business, you should listen to this podcast.

 

https://www.podomatic.com/podcasts/jofa/episodes/2018-04-18T15_11_28-07_00

The Accounting Equation (ALE) and Expanded Accounting Equation (ALICE) Explained

Posted on | by Steve M. Windham, LLM, MBA, EA

Understanding the Accounting Equation (ALE) and the Expanded Accounting Equation (ALICE) is critical to your success in accounting.  The image below is downloadable as a PDF (see link at bottom of post).

Click here for a PDF of the above image.

Recent Changes in the California CPA Exam Educational Requirements

Posted on | by Steve M. Windham, LLM, MBA, EA

As of January 01, 2017, the California Board of Accountancy implemented additional educational requirements to sit for the California CPA exam.  The California Board of Accountancy now requires:

1) A baccaleaureate degreefrom an accredited college or university (any subject),
2) 150 semester hours of total college/university study,
3) 24 semester units of accounting study,
4) 24 semester units of business-related subjects study,
5) 20 semester units of accounting study,
6) 10 semester units of ethics study, to include one 3 unit semester (or 4 unit quarter) course in accounting ethics or accountant's professional responsibility.

The above-listed educational requirements are in addition to verified work experience where the CPA exam applicant must have documented work experience under a licensed CPA.  See the California CPA Applicant Licensing Handbook for more information about the experience requirement.

California CPA Licensure Tip Sheet

California Board of Accountancy Educational Requirements

California CPA Applicant Licensing Handbook

Uniform CPA Exam