Do you have a question? Post it now! No Registration Necessary
Web, RSS and Social Media interface to misc.taxes.moderated
There are 39060 individual articles here that are part of 7925 discussions
Please see below the list of the most recent and the best rated articles in Taxes General Forum
The most recent discussions
maximum gift you can give your client if you are a tax preparer
May 17, 2013, 12:03 pm
The maximum gift you give is $25 per client (you can give more, just can't deduct it). If you are a tax preparer and do a return for a couple, can you give $50, and if they have kids whose names a... Read more »
recapture of education credits when sell books
May 16, 2013, 11:52 am
Suppose you used books to increase the value of your education credit, such as the AOC. The following year you sell your books back, or you sell them on eBay. Do you then have to pay back some of... Read more »
Taxes on a lawsuit settlement...
May 16, 2013, 10:23 am
I am suing someone for $200,000 in damages. I presume they are not taxable, as they are genuine damages. They have offered to settle for $100,000. Will any of that be imputed interest, as the da... Read more »
1040s, 1099s, Schedule Cs, lost of confusion & 4 years behind... HELP?
May 13, 2013, 7:57 pm
Hello. Due to an outrageously incompetent (and mysteriously vanished) accountant I had a few years back, I am behind on my taxes 4 years. Within this time, I have worked several jobs in which I was a... Read more »
pay for reception, a gift?
May 13, 2013, 3:55 pm
Hello folks, My daughter will be getting married in November and my wife and I will be hosting and paying for the wedding reception (I'm stunned at how much these things cost). Is that considered... Read more »
how to determine and report health insurance meets new requirements?
May 13, 2013, 10:47 am
Well, the subject line says it all. How does a taxpayer determine if his insurance plan meets the minimum level the government now insists on, regardless of your own personal preferences? How w... Read more »
Tax Expert In The Dallas (Texas) Area?
May 11, 2013, 3:30 pm
I own a piece of real estate in Europe with my brothers. It is a joint ownership. I am planning on selling my share to them and for this I think it would be better to discuss the details with a... Read more »
Winnings From Gambling
May 10, 2013, 3:22 pm
I know some buddies who occasionally drive to Oklahoma and gamble at a casino. They have never received any tax-related document from the casino concerning their winnings. (Their winnings have be... Read more »
Who deducts donation of property of deceased person?
May 9, 2013, 1:30 pm
My son died intestate, so we (parents) inherited his estate (under $150K). Calif law applies. In settling the small estate (informally), I donated his personal property -- furniture, clothing, b... Read more »
Discover Card Cashback Bonus
May 9, 2013, 10:48 am
Every time that I use my Discover credit card they give me a small bonus which is called Cashback Bonus. So far, I have accrued over $50.00 and I can use this balance as a credit towards the balan... Read more »
Click here for other recent discussions »
The best rated discussions
Two W2 forms
I have Two W2 forms for year 2006.To calculate TAX is it a simple maths like ADD both the Gross and ADD both the Federal withholding ,to calculate TAX or there is other way. thnx jas Read more »
Capital Gain / Depreciation Recapture Question
Hi, Suppose I have a Capital Gain Tax loss of $11,000 and I have a Depreciation Recapture Tax of $36,000 for the year I sell an Investment Property. Is the combined tax liability for this year $36,00... Read more »
Taxation of Municipal Bonds
I find this topic to be very confusing and I get lost quickly in the jargon. Is there a web site with a calculator that lets you enter all the relevant information so that you can determine the cost ... Read more »
IRA Benficiaries Question
I have a regular IRA and my wife and I both have smaller ROTH IRAs. We have a joint living Trust with each other as beneficiaries with the Trust as the contingency benficiary. Would there be any tax... Read more »
Contract work - what is deductible?
I found some temporary work as an independent contractor in a city 900 miles away. However, I am only going to be working two days per week. On the two days I work, they give me a $60 per diem, to... Read more »
What is Section 1250 Real Property?
My father has some real estate he would like to sell. I'm trying to estimate the capital gains taxes. From what I've read, the tax rate depends on whether the real estate is Section 1250 real propert... Read more »
W-8BEN what's that all about?
Our UK accountancy firm acts for a UK registered trading company which is entering into a contract to supply a customer in USA. The USA customer has asked our UK company to provide a W-8BEN. Can som... Read more »
401K Distributions Overseas
If a US Citizen emigrates to another country and then redeems his 401K's, does the person have a US Tax liability then? tks all bw -- Read more »
How Important for Officers to Take Salary in C Corporation?
Taxpayers want to buy some Nevada real estate, so he (or they) form a Nevada C corporation to purchase the real estate. All of the rental income and expenses run through that corporation. One N... Read more »
CCH Tax News Headlines - November 10, 2010
CCH Tax News Headlines - November 10, 2010 Federal Headlines: 11/10/2010 - _Lawmakers Pledge 2010 AMT Relief _ (http://tax.cchgroup.com/downloads/files/news-headlines/2010/nws111010.htm#1)... Read more »
XML Sitemap