Taxes General Forum

Tax returns to handle unfinished short sale of stock

Hi, I shorted some stock in 2010 and position is still open in 2011. I am sure Broker 1099 will mention the proceed fro...

1 comments posted 15yrs

posted by vjmisra

1 comments posted 15yrs posted by vjmisra

Attn: Enrolled Agents with licenses expiring this year (2011):

Due to the fee restructuring, the IRS has withdrawn form 8554, the EA license renewal form. Since we all expire on Marc...

5 comments posted 15yrs

posted by spam+newsgroups

5 comments posted 15yrs posted by spam+newsgroups

CCH Tax News Headlines = January 3, 2011

CCH Tax News Headlines = January 3, 2011 Federal Headlines: 1/3/2011 - _Associate Chief Counsel Ruling Procedure Update...

0 comments posted 15yrs

posted by TaxService

0 comments posted 15yrs posted by TaxService

Tax Filing Delayed Until February

I see that certain filers have to wait until February when the IRS's computers will be updated. I do not get a print co...

5 comments posted 15yrs

posted by larry.israel

5 comments posted 15yrs posted by larry.israel

Liability for CA income tax

The situation is this. A person living in CA was laid off in November, 2009; however, he was kept on the payroll throug...

6 comments posted 15yrs

posted by stanleykri

6 comments posted 15yrs posted by stanleykri

How long does it take for a recently filed return to show up on an IRS Transcript

Here's the situation: Client lived out of the country for seven years and didn't file any tax returns during that time...

8 comments posted 15yrs

posted by caj11

8 comments posted 15yrs posted by caj11

New Rules for Preparers

I'm a retired CPA and no longer do any paid work. However, I do prepare a few returns for friends/relatives and have al...

1 comments posted 15yrs

posted by NancyR

1 comments posted 15yrs posted by NancyR

Sweet Sixteen

MTM was born on 31 December 1994 due to the efforts of a lot of people. So today MTM is Sweet Sixteen! So at midnight w...

6 comments posted 15yrs

posted by rdadams

6 comments posted 15yrs posted by rdadams

Wash Sale Rules

Can someone please give me the wash sales rules in less than 500 words. Thanks,

2 comments posted 15yrs

posted by hrhofmann

2 comments posted 15yrs posted by hrhofmann

Trust creation expenses

The attorney that set up my Trust papers gave me a receipt and said it was tax deductible. Does this type of deduction...

14 comments posted 15yrs

posted by mauro_gaetano

14 comments posted 15yrs posted by mauro_gaetano

CCH Tax News Headlines - December 31, 2010

CCH Tax News Headlines - December 31, 2010 Federal Headlines: 12/31/2010 - _IRS Provides Guidance on New Tax Return Pre...

2 comments posted 15yrs

posted by TaxService

2 comments posted 15yrs posted by TaxService

High ticket item sale tax deduction

I faintly recall that some years back that sale tax on high ticket item such as car and remodeling materials were deduc...

3 comments posted 15yrs

posted by mauro_gaetano

3 comments posted 15yrs posted by mauro_gaetano

CCH Tax News Headlines - December 30, 2010

CCH Tax News Headlines - December 30, 2010 Federal Headlines: 12/30/2010 - _Inflation Adjustments for Air Transportatio...

0 comments posted 15yrs

posted by TaxService

0 comments posted 15yrs posted by TaxService

State of New Jersey Tax Issues

For 2006 the amount claimed on my NJ1040 for Deductible Property Taxes was disallowed (in part) my appeal rights were p...

1 comments posted 15yrs

posted by Temprock

1 comments posted 15yrs posted by Temprock

CCH Tax News Headlines - December 29, 2010

CCH Tax News Headlines - December 29, 2010 Federal Headlines: 12/29/2010 - _Adequate Disclosure Procedures Updated (Rev...

0 comments posted 15yrs

posted by TaxService

0 comments posted 15yrs posted by TaxService