Taxes General Forum

deduct prayer as a medical expense

Can prayer be deducted as a medical expense? Incidentally, there's talk of making the new health care bill cover prayer...

11 comments posted 16yrs

posted by removeps-groups

11 comments posted 16yrs posted by removeps-groups

Reminder: 1099 Reporting

From the IRS: Notice 2010-09 clarifies that, for calendar year 2009, filers of Form 1099-B, Form 1099-S, and certain in...

0 comments posted 16yrs

posted by sfcnm-mtm

0 comments posted 16yrs posted by sfcnm-mtm

Taxes from Sellling some Equipment

I have some accoustical equipment bought about five years ago and someone I know who lives now in Mexico City wants to...

6 comments posted 16yrs

posted by aturchin46

6 comments posted 16yrs posted by aturchin46

Further questions- traditional IRA to Roth conversions

The posts I've read on this subject have been both useful and confusing. Can someone "in the know" please help me. I wa...

0 comments posted 16yrs

posted by gary_w1

0 comments posted 16yrs posted by gary_w1

Any Broker Supporting Stranded Simple IRAs?

Is there any broker that will support opening a "stranded" Simple IRA? Our company processes payroll through a vendor w...

1 comments posted 16yrs

posted by persistentone

1 comments posted 16yrs posted by persistentone

Deductibility of attorney fees

This is related to my earlier post regarding the tax implications of divorce. I'm guessing the answer to this is "NO", b...

0 comments posted 16yrs

posted by none

0 comments posted 16yrs posted by none

CCH Tax News Headlines - December 17, 2009

CCH Tax News Headlines - December 17, 2009 Federal Headlines: 12/17/2009 - _Proposed Regulations Address Broker Basis a...

0 comments posted 16yrs

posted by TaxService

0 comments posted 16yrs posted by TaxService

SIMPLE IRA

I have $10K in a Simple IRA. Can I convert this to a ROTH IRA? How. I want to pay the tax with not IRA money. Limitation...

1 comments posted 16yrs

posted by nickravo

1 comments posted 16yrs posted by nickravo

charitable deduction

can I deduct the cost of hosting a charitable event

1 comments posted 16yrs

posted by dwarren60

1 comments posted 16yrs posted by dwarren60

Mortgage Principal Prepayments crate a los on a rental property?

I have a rental property that pretty much breaks even each year, give or take a grand. But Iw as thinking what if I mad...

16 comments posted 16yrs

posted by nickravo

16 comments posted 16yrs posted by nickravo

Is this income?

NEW BEDFORD, Mass. - The book returned to the New Bedford Public Library in Massachusetts this week wasn't overdue by a...

1 comments posted 16yrs

posted by pleasenospam

1 comments posted 16yrs posted by pleasenospam

CCH Tax News Headlines - December 16, 2009

CCH Tax News Headlines - December 16, 2009 Federal Headlines: 12/16/2009 - _President Cautiously Optimistic About Healt...

0 comments posted 16yrs

posted by TaxService

0 comments posted 16yrs posted by TaxService

Hobby/Business Evaluation

A lot of my clients are independent contractors who drive a lot of unreimbursed miles. With the IRS $0.55 per mile rate...

7 comments posted 16yrs

posted by osubeaver68

7 comments posted 16yrs posted by osubeaver68

Foreign Earned Income Exclusion after repatriation

A US citizen lives and works as an expat in a foreign country for multiple years. Several years after repatriation to t...

30 comments posted 16yrs

posted by adwagner

30 comments posted 16yrs posted by adwagner

Filing requirements for 2010

For 2009, if one is older than 65, and single, then it is not required to file a return unless one's gross income was a...

14 comments posted 16yrs

posted by kaikow

14 comments posted 16yrs posted by kaikow