Taxes General Forum

offsetting LT gain on sale of main home with capital losses?

IRS Tax Tip 2011-35, February 18, 2011 [1] states: "4. You may deduct capital losses only on investment property, not o...

3 comments posted 14yrs

posted by seller

3 comments posted 14yrs posted by seller

Best way to dispose of residence in estate, tax-wise?

Hypothetically, what is the best way tax-wise to dispose of a residence in an estate when the owner dies? If it makes a...

5 comments posted 14yrs

posted by executor

5 comments posted 14yrs posted by executor

California Qualified Purchaser Program

LLC just received a "Notice of Close-Out of Use Tax Account Under the Qualified Purchaser Program." Assembly Bill x4-18...

4 comments posted 14yrs

posted by PicoRico

4 comments posted 14yrs posted by PicoRico

CCH TAX NEWS HEADLINES - OCTOBER 2, 2011

CCH TAX NEWS HEADLINES - OCTOBER 2, 2011 _Parent and Subsidiary Corporations Were Same Taxpayer Under Interest Netting...

0 comments posted 14yrs

posted by TaxService

0 comments posted 14yrs posted by TaxService

CCH TAX NEWS HEADLINES - NOVEMBER 1, 2011

CCH TAX NEWS HEADLINES - NOVEMBER 1, 2011 _Procedure Provides Address for HUD, State HFA Information Reporting Statemen...

0 comments posted 14yrs

posted by TaxService

0 comments posted 14yrs posted by TaxService

If I claim a bad debt, may I still pursue the debt and repay later?

I'm assuming that claiming a bad debt on my income taxes does not quit the claim of pursuance of the debt. That is, I h...

4 comments posted 14yrs

posted by brettharlow123

4 comments posted 14yrs posted by brettharlow123

CCH TAX NEWS HEADLINES - OCTOBER 31, 2011

CCH TAX NEWS HEADLINES - OCTOBER 31, 2011 _Employee Plans Office Facing Challenges to Improve Processing of ESOP Applic...

0 comments posted 14yrs

posted by TaxService

0 comments posted 14yrs posted by TaxService

Deductibility of non-profit museum, etc. membership dues

We're members of the New England Aquarium. Like most museum/zoo/park/etc. memberships, this entitles us to unlimited fr...

2 comments posted 14yrs

posted by rlc-news

2 comments posted 14yrs posted by rlc-news

CCH TAX NEWS HEADLINES - OCTOBER 28, 2011

CCH TAX NEWS HEADLINES - OCTOBER 28, 2011 _IRS Could Adjust Open Tax Year to Account for Income from Closed Years; Rela...

0 comments posted 14yrs

posted by TaxService

0 comments posted 14yrs posted by TaxService

Moderator: Guidelines for Posting .. (Modified: 21 Mar 2009)

This missive will be posted several times a month during tax season for the benefit of newcomers to misc.taxes.moderate...

0 comments posted 14yrs

posted by rdadams

0 comments posted 14yrs posted by rdadams

Moderator: Charter of misc.taxes.moderated (original)

CHARTER: misc.taxes.moderated Misc.taxes.moderated is for the discussion of taxes, including, but not limited to, propo...

0 comments posted 14yrs

posted by rdadams

0 comments posted 14yrs posted by rdadams

CCH TAXNEWS HEADLONES - OCTOBER 27, 2011

CCH TAXNEWS HEADLONES - OCTOBER 27, 2011 _Partnership Subject to Gross VMTMaluation Misstatement Penalties on Tax Shelt...

0 comments posted 14yrs

posted by TaxService

0 comments posted 14yrs posted by TaxService

501(c)3 corporation and W9 form.

I am trying to figure out what is the correct way to fill out a W9 form for a nonprofit, tax exempt, 501(c)3 corporatio...

10 comments posted 14yrs

posted by Ron

10 comments posted 14yrs posted by Ron

Adding son to real property title gift tax question

Can a father add his son to a real property title without having to pay gift tax?

5 comments posted 14yrs

posted by awpsat

5 comments posted 14yrs posted by awpsat

How does Warren Buffet pay such a low tax rate, and are the people who've told me so far correct?

How does Warren Buffet pay such a low tax rate, and are the people who've told me so far correct? Warren Buffet made th...

33 comments posted 14yrs

posted by NONONOmisc07

33 comments posted 14yrs posted by NONONOmisc07