Taxes General Forum

Economic Stimulus Payment

Due to my laziness in filing income tax, I had to pay interest. I sent a check, but at the same time the IRS decided to...

2 comments posted 17yrs

posted by VSLARRY

2 comments posted 17yrs posted by VSLARRY

Good time to convert trad. IRA to Roth?

Hi all, I've got a rollover IRA at Vanguard whose funds came from rolling over the 401k's from two different previous e...

3 comments posted 17yrs

posted by jik

3 comments posted 17yrs posted by jik

W8-BEN and change of status

Hello, I'm a UK citizen. From 2002-2007 I lived in the States (2002-2004 as a student and then worked from 2004-2007) W...

3 comments posted 17yrs

posted by lseath

3 comments posted 17yrs posted by lseath

Tax treatment of Office Bldng Purchase

I bought a commercial office building that contains 4 small offices. I occupy one office for my business, and rent 3. I...

11 comments posted 17yrs

posted by daytonohio10

11 comments posted 17yrs posted by daytonohio10

Beware free Adobe Reader 9.0

Adobe Reader 9.0 is not a good upgrade if you ever download forms from the IRS website. The IRS has granted these forms...

4 comments posted 17yrs

posted by jhhtexas

4 comments posted 17yrs posted by jhhtexas

Deductible Selling Expense

I recently sold a property for about$330,000. As part of the sale, there was a "Sellers Concession" as listed on line 5...

2 comments posted 17yrs

posted by nospam

2 comments posted 17yrs posted by nospam

Internet businesses and SIC classification.

Could, for example http://www.epinions.com and http://www.justanswer.combe considered the same business, and what indus...

1 comments posted 17yrs

posted by ronnirubin

1 comments posted 17yrs posted by ronnirubin

Question on AMT taxes - please help

Question on AMT taxes - please help I have received an IRS notice re : filing out the AMT form for tax year 2007. They...

4 comments posted 17yrs

posted by avacohen100

4 comments posted 17yrs posted by avacohen100

Gift Tax Consequences for 529 Accounts

Are there any gift tax consequences when changing the beneficiary of a 529 college savings account? Contributions to a...

10 comments posted 17yrs

posted by tar

10 comments posted 17yrs posted by tar

Forced Sale of Personal Residence for Delinquent Taxes

Have any of you (or your clients) had any personal involvement with the IRS actually bringing a client to Federal Court...

4 comments posted 17yrs

posted by Temprock

4 comments posted 17yrs posted by Temprock

HEART Act

What is the tax credit for employers fro the Heroes Earnings Assistance and Relief Tax Act? What do you have to do to qu...

1 comments posted 17yrs

posted by cruehrwe

1 comments posted 17yrs posted by cruehrwe

Are gains on options held more than one year long term?

Are gains on options held more than one year long term? I'm thinking there are two logical answers: (1) All gains and l...

4 comments posted 17yrs

posted by removeps-groups

4 comments posted 17yrs posted by removeps-groups

1099-R taxable portion

My client recieved a 1099-R for a distribution of stock from an IRA account. The amount shown on the 1099-R for taxable...

4 comments posted 17yrs

posted by bm30003700

4 comments posted 17yrs posted by bm30003700

CCH Tax News Headlines - November 18, 2008

CCH Tax News Headlines - November 18, 2008 FEDERAL NEWS - http://tax.cchgroup.com/news/headlines/2008/nws111808.htm#1 J...

0 comments posted 17yrs

posted by TaxService

0 comments posted 17yrs posted by TaxService

Rental depreciation clarification

The property was purchased in 1976 or so in Calif for about 50k ( - now the land value only - is about one million). 80...

4 comments posted 17yrs

posted by mike

4 comments posted 17yrs posted by mike