Taxes General Forum

Employment agreement converts to equity position, what is my tax liability?

The company that I have managed as an employee for the last 5 years wants to make me a 10% owner. The 2 owners are very...

5 comments posted 17yrs

posted by eholand

5 comments posted 17yrs posted by eholand

CCH Tax News Headlines - December 24, 2008 - HAPPY HOLIDAYS!!-:)

CCH Tax News Headlines - December 24, 2008 - HAPPY HOLIDAYS!!!=:) Federal Headlines: - http://tax.cchgroup.com/news/hea...

0 comments posted 17yrs

posted by TaxService

0 comments posted 17yrs posted by TaxService

CCH Tax News Headlines - December 23, 2008

CCH Tax News Headlines - December 23, 2008 Federal Headlines: - http://tax.cchgroup.com/news/headlines/2008/nws122308.h...

0 comments posted 17yrs

posted by TaxService

0 comments posted 17yrs posted by TaxService

Interpreting pub 970- education credits

Does a withdraw (distribution) from a 529 plan reduce the eligibility of the Hope or Lifetime learning credit? In pub 9...

6 comments posted 17yrs

posted by noreplysoccer

6 comments posted 17yrs posted by noreplysoccer

How to deal with tips (Treasury Inflation Protected Securities)

Greeting all. how does one deal with tips(Treasury Inflation Protected Securities) I know I pay taxes on the interest p...

3 comments posted 17yrs

posted by magewuffa

3 comments posted 17yrs posted by magewuffa

CCH Tax News Headlines - January 22, 2008

CCH Tax News Headlines - January 22, 2008 Federal Headlines: - http://tax.cchgroup.com/news/headlines/2008/nws122208.ht...

0 comments posted 17yrs

posted by TaxService

0 comments posted 17yrs posted by TaxService

OTC costs for specific medical condition

I know the standard IRS policy is that over the counter medications and supplies are not deductible on Schedule A. Howe...

7 comments posted 17yrs

posted by phillysleuth

7 comments posted 17yrs posted by phillysleuth

How to deal with amortized bond interest?

There must be a website somewhere that describes this, but I sure can't find it. I have bought and sold bonds that had...

3 comments posted 17yrs

posted by Mort

3 comments posted 17yrs posted by Mort

California now requires LLC ESTIMATED tax payments

I stumbled across new California tax form FTB 3536, which requires California LLCs to pay estimated LLC fees by June 15...

0 comments posted 17yrs

posted by rowdy'sboss

0 comments posted 17yrs posted by rowdy'sboss

income correction from previous year.

I received some income for my consulting work last year. This year the company was audited and some of the income that...

3 comments posted 17yrs

posted by Marion1E

3 comments posted 17yrs posted by Marion1E

New job and living expenses

Husband lost his job due to massive layoffs. Wife is still employed. H takes a job 300 miles away and moves. W is seeki...

2 comments posted 17yrs

posted by rdadams

2 comments posted 17yrs posted by rdadams

At-risk rules for property with business and personal use.

Anybody know what pub discusses at-risk rules for depreciation deductions for property that is being used for both busin...

9 comments posted 17yrs

posted by Don.Steiger

9 comments posted 17yrs posted by Don.Steiger

CCH Tax News Headlines - December 19, 2008

CCH Tax News Headlines - December 19, 2008 Federal Headlines: - http://tax.cchgroup.com/news/headlines/2008/nws121908.h...

0 comments posted 17yrs

posted by TaxService

0 comments posted 17yrs posted by TaxService

Taxes on Estate Income

An estate has about 50K income, mainly deferred taxes on Series HH bonds. It also has 4K legal expenses and 6K expenses...

0 comments posted 17yrs

posted by nospam

0 comments posted 17yrs posted by nospam

No Relief For 2008 Required Minimum Distributions

USA Today is reporting that the US Treasury has put the kibosh on any temporary relief from mandatory distributions fro...

1 comments posted 17yrs

posted by sfcnm-mtm

1 comments posted 17yrs posted by sfcnm-mtm