Taxes General Forum

  1. Home
  2. Taxes General Forum
10141 Threads Posts
to

Life Estate & Stepped Up Basis

My grandmother passed away in September 1995 and in her will gave a life estate to her daughter (my mother) for the fam...
1 comments posted 17yrs
posted by tclacy
1 comments posted 17yrs posted by tclacy

tax deferral on W-2

We are a local government with a pension plan through the state retirement system, a 401(a) plan. One of our employees...
4 comments posted 17yrs
posted by deddleman
4 comments posted 17yrs posted by deddleman

Changing Entity, Changing Years

I have a fiscal year C corp client. Year ended 9/30. We are contemplating electing S status. If we elect S for the fisc...
0 comments posted 17yrs
posted by cantor2
0 comments posted 17yrs posted by cantor2

Age 65

Im turning age 65 and I see a box to check for that on the tax form. How does being age 65 affect taxes?
3 comments posted 17yrs
posted by yar
3 comments posted 17yrs posted by yar

Prepayment of dental costs

My wife has had some extensive and costly dental work done in 2008 and will face some more costs early 2009. As a resul...
3 comments posted 17yrs
posted by nospam
3 comments posted 17yrs posted by nospam

Electronic and Paper W4

An employer allows employees to enter and modify their form W4 on computer, which is fine. Howeer, they are now refusin...
2 comments posted 17yrs
posted by jgoulden
2 comments posted 17yrs posted by jgoulden

CCH Tax News Headlines - December 4, 2008

CCH Tax News Headlines - December 4, 2008 Federal Headlines: - http://tax.cchgroup.com/news/headlines/2008/nws12408.htm...
0 comments posted 17yrs
posted by TaxService
0 comments posted 17yrs posted by TaxService

Dividends Paid After a Roth Conversion

On 10/28 I converted my entire IRA into a Roth IRA, securities and cash. On 11/14 one of the stocks transferred into Ro...
2 comments posted 17yrs
posted by aturchin45
2 comments posted 17yrs posted by aturchin45

Whats my basis, and when can I take a loss?

I invested $100,000 in a company in 1998. I got a $20,000 tax credit from NYS. Is my basis $100,000 or $80,000? I had t...
2 comments posted 17yrs
posted by jack
2 comments posted 17yrs posted by jack

Payroll tax updates

We have been asked to maintain state and federal tax information for an old mainframe payroll system. We would like inf...
0 comments posted 17yrs
posted by busswcorp
0 comments posted 17yrs posted by busswcorp

New Dependent

My 90 yr-old Mother-in-Law has come to live with us full time. For several months now we have taken care of her from af...
18 comments posted 17yrs
posted by Mark21286
18 comments posted 17yrs posted by Mark21286

Can You Contribute to Multiple IRAs?

Through my employer I have a Simple IRA plan, and I understand I can contribute up to $10.5K of salary into that for 20...
2 comments posted 17yrs
posted by nisha
2 comments posted 17yrs posted by nisha

Can You Accelerate a Payroll?

If you are on the cash basis of accounting, are you allowed to accelerate a payroll and pay in advance of the services...
5 comments posted 17yrs
posted by nisha
5 comments posted 17yrs posted by nisha

CCH Tax News Headlines - December 1, 2008

CCH Tax News Headlines - December 1, 2008 Federal Headlines: - http://tax.cchgroup.com/news/headlines/2008/nws12108.htm...
0 comments posted 17yrs
posted by TaxService
0 comments posted 17yrs posted by TaxService