Latest threads in Taxes General Forumshow only best voted threads
| Subject | Author | Posted | Replies | |
|---|---|---|---|---|
|
|
IRS Walk-in Office Services
A client has a return which will be filed on Monday, but he needs a copy for a mortgage application. The mortgage company is suggesting that he hand deliver the return to a local IRS office and have a...
2
|
12 years ago
|
2 | |
|
|
transfer of stock
I own shares in a mutual fund that have appreciated. If I transfer these shares to another person within the same fund family !.- Is this a taxable event? 2.- What would be the basis of the stock for...
2
|
12 years ago
|
2 | |
|
|
CCH TAX NEWS HEADLINES - OCTOBER 13, 2011
CCH TAX NEWS HEADLINES - OCTOBER 13, 2011 _Tax Court Lacked Jurisdiction over Corporation?s Overpayment Interest Claim (Sunoco Inc., CA-3)_ ( Posted on _10/13/2011_ ( by _CCH_ ( The Tax Court lacked...
—
|
12 years ago
|
— | |
|
|
Change of business address and W9 ?
Many of my clients over the years have asked me to fill out a W9 for them. As I plan to change my business address, does it matter that their W9 is out of date? When paying my bills do they send the...
1
|
12 years ago
|
1 | |
|
|
obtaining a 1099 form
I am the Treasurer for a 503(c)(3) nonprofit organization. Being new at this, I'm still learning the ropes. I recently filed a 990-EZ so got through that OK. However, we are currently starting to pay...
35
|
12 years ago
|
35 | |
|
|
CCH TAX NEWS HEADLINES - OCTOBER 11, 2011
CCH TAX NEWS HEADLINES - OCTOBER 11, 2011 FEDERAL TAX HEADLINES _Foreign Tax Credit Transaction Lacked Business Purpose and Economic Substance; Refund Claim Denied (Pritired 1, LLC, DC Iowa)_ ( Posted...
—
|
12 years ago
|
— | |
|
|
FEIC and Green Card
Wondering if anyone has experience with this, it's kind of a legal and tax question rolled into one. My wife lives and works in Canada, and may continue to do so for a few more years. She will have...
4
|
12 years ago
|
4 | |
|
|
FTC vs. FEIC
I have touched on this topic before. I am married to a Canadian citizen. Her income is under $92,000, and she has no unearned income. We plan to MFJ. (By next year she will be legal resident of the...
2
|
12 years ago
|
2 | |
|
|
how to do depreciation when house changed to second business?
Suppose you are depreciating your house because you use it partly for business. The basis for depreciation is the smaller of what you paid for or FMV of the building. Say the basis is 100k and you've...
1
|
12 years ago
|
1 | |
|
|
Foreclosure, Form 1099A, and Cancelled Debt
My client has received two year 2010 1099-A's for what was their residence. The first 1099-A was for the first mortgage, while the second 1099-A was for the second mortgage. Both indicate the borrower...
—
|
12 years ago
|
— | |
|
|
Re-extend IRS filing deadline?
I suspect I know the answer, but is there a way to "re-extend" the 2020 IRS filing deadline? I did the taxes for a relative (TurboTax), and they are still not ready to file. They know that the payment...
2
|
12 years ago
|
2 | |
|
|
CCH TAX NEWS HEADLINES - OCTOBER 10, 2011
CCH TAX NEWS HEADLINES - OCTOBER 10, 2011 _IRS Supplements Interest Rate Schedules for Insurance Companies (Rev. Rul. 2011-23)_ ( Posted on _10/10/2011_ ( by _CCH_ ( The IRS has supplemented the...
—
|
12 years ago
|
— | |
|
|
earned income over social security limit
I am a 64 year old retiree with a part-time job and I collect social security. I have always earned under the earnings limit, which is currently $14160. This year I will be earning a few hundred...
1
|
12 years ago
|
1 | |
|
|
Is the audit risk any different if I file the 1040 or if a CPA files the (same) 1040?
Just curious ... because I need to make a decision before the October 17, deadline. Is my audit risk any different if I file a TurboTax 1040 or if I hand that completed TurboTax 1040 (and supporting...
3
|
12 years ago
|
3 | |
|
|
Payment without Return
Client is a world-class procrastinator. Has an extension to Oct 15 for her 2010 return, but may still not be ready. Now, she is afraid of owing Federal taxes. Can she send a check with a 1040-V...
8
|
12 years ago
|
8 |