I’ll take tax code section 179 for $500, Alex

May 19, 2014

Today, May 19, 2014, is the 40th anniversary of the Rubik's Cube.

For all you youngsters who don't have any idea of life before digital media, it was an actual cube puzzle. It was such a phenomenon that Google created a doodle for the big day.

Rubiks Cube birthday May 19 Google doodleClick image for interactive cube.

Deciphering tax laws is all too often as frustrating as lining up Rubik's colored squares. But as this just-passed filing season was winding down (for most folks), another iconic game captured the interest, and skills, of some future tax professionals.

On April 25, more than 60 Kentucky college accounting students participated in the PEAK Challenge. PEAK is not just an acronym. It's one of the missions of the Bluegrass State's professional accounting society: to Promote and Encourage Accounting in Kentucky.

To that end, the Kentucky Society of Certified Public Accountants (KyCPA) holds the annual PEAK accounting competition. The Jeopardy-style competition provides college students the opportunity to test their knowledge of the accounting profession.

This was the contest's fourth year. Teams from 13 Kentucky colleges and universities vied for the PEAK championship.

Teams went head-to-head on accounting questions in five categories. Four were directly related to the four sections of the Uniform CPA Exam; the fifth area covered questions about material on the KyCPA and American Institute of CPAs websites.

The 2014 PEAK title went to five Eastern Kentucky University (EKU) accounting students. The winning team members were included Jacob Carberry, Andrew Hicks, Shelby Howell, Brian Overall and Sam Shearer. Dr. MaryBeth Holbrook, EKU accounting assistant professor, was team advisor, assisted by EKU alum and MBA student Brittany Neaves.

"Year after year, the students who participate in PEAK are motivated, bright, and well on their way to successful careers," said Holbrook. "Our performance … pays tribute to the strong accounting program we have at Eastern Kentucky University and the outstanding students EKU serves. It was a great day for EKU Accounting!"

Congratulations to the EKU team, as well as all the participants and KyCPA.

And keep an eye on your e-mails. I'm sure a message from Alex Trebeck is in the works!

You also might find these items of interest:

Share:

The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

Latest Posts
The latest Dirty Dozen tax scam list is familiar because too many are still falling for the schemes

March 5, 2026

Tax filing season is also peak time for tax scams. Be on the lookout for…

Read More
Hello Tax Season 2026

Happy New Tax Year! Are you ready to file your 2025 tax return? I know, too early to ask. But Tax Day 2026 will be here before we realize it. The Internal Revenue Service deadline to file and pay any tax we owe is the regular April 15 date this year. It’s also Tax Day for most of the states that collect income taxes from their residents, which is most of the states! If that seems too far away right now, don’t worry. As is the case every tax season, the ol’ blog’s tips and other tax reminders should help all of us meet our state and federal responsibilities. Procrastinators also will want to keep an eye on the countdown clock just below. It tracks how much time we have until April’s Tax Day, just in case we put off our annual tax task until the absolutely final hours and decide we need to instead get an extension request into the IRS by that date. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
Leave the first comment