Taxes General Forum

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...

3 comments posted 14yrs

posted by wilburh-REMOVE-THIS-84

3 comments posted 14yrs posted by wilburh-REMOVE-THIS-84

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...

8 comments posted 14yrs

posted by michael.bratt

8 comments posted 14yrs posted by michael.bratt

domestic production activities

I was looking at the domestic production activities deduction. It applies to software companies in the US. But does it...

4 comments posted 14yrs

posted by removeps-groups

4 comments posted 14yrs posted by removeps-groups

CCH TAX NEWS HEADLINES - OCTOBER 7, 2011

CCH TAX NEWS HEADLINES - OCTOBER 7, 2011 _Changes Proposed to EIC Due Diligence Requirements for Tax Return Preparers (...

0 comments posted 14yrs

posted by TaxService

0 comments posted 14yrs posted by TaxService

Does the federal tax statute of limitations apply to the keeping of depreciation records?

In another thread, Alan kindly provided a document purportedly explaining the statute of limitation for federal taxes:...

18 comments posted 14yrs

posted by lavocado

18 comments posted 14yrs posted by lavocado

Notice of Deficiency

In March I got a notice of underpayment of my 2009 taxes. I filled out a form, agreeing with part, disagreeing with par...

3 comments posted 14yrs

posted by larry.israel

3 comments posted 14yrs posted by larry.israel

CCH TAX NEWS HEADLINES - OCTOBER 6, 2011

CCH TAX NEWS HEADLINES - OCTOBER 6, 2011 _Procedures Modified for Issuing Opinion and Advisory Letters on Employee Plan...

0 comments posted 14yrs

posted by TaxService

0 comments posted 14yrs posted by TaxService

Estimated Tax Payments

New client works as a consultant (starting in 2010) with a single member LLC. In 2010 she made estimated payments, incl...

3 comments posted 14yrs

posted by michael.bratt

3 comments posted 14yrs posted by michael.bratt

CCH TAX NEWS HEADLINES - OCTOBER 5, 2011

CCH TAX NEWS HEADLINES - OCTOBER 5, 2011 _Senate Democrats Plan to Tweak Jobs Bill_...

0 comments posted 14yrs

posted by TaxService

0 comments posted 14yrs posted by TaxService

Non-resident real estate in NJ - Do I need to file if I lose money?

I live not in NJ but I have a rental property in NJ which sometimes (barely) makes money and just as often (barely) los...

27 comments posted 14yrs

posted by lavocado

27 comments posted 14yrs posted by lavocado

US Supreme Court Denies Certiorari in Two State Nexus Cases

..and the water gets muddier. http://www.tei.org/news/stateandlocalblog/Lists/Posts/Post.aspx?List"198d67-9ce2-488a-bf8d...

2 comments posted 14yrs

posted by sfcnm-mtm

2 comments posted 14yrs posted by sfcnm-mtm

CCH TAX NEWS HEADLINES - OCTOBER 4, 2O11

CCH TAX NEWS HEADLINES - OCTOBER 4, 2O11 _Settlement Proceeds Predicated on Lost Profits and Punitive Damages Were Ordi...

0 comments posted 14yrs

posted by TaxService

0 comments posted 14yrs posted by TaxService

CCH Tax News Headlines - October 3, 2011

CCH Tax News Headlines - October 3, 2011 _IRS Updates Rules on Using Per Diem Rates to Substantiate Expenses Incurred A...

0 comments posted 14yrs

posted by TaxService

0 comments posted 14yrs posted by TaxService

US Supreme Court Docket for Tax Cases

There are 3 tax cases granted certiorari for the coming term. One addresses the split among circuits on whether an over...

0 comments posted 14yrs

posted by sfcnm-mtm

0 comments posted 14yrs posted by sfcnm-mtm

Line 39a and the Standard Deduction Worksheet

Hi everyone - As you know I deal with a lot of tax matters, but don't do returns. A question has come up and I would ap...

6 comments posted 14yrs

posted by spamtrap

6 comments posted 14yrs posted by spamtrap