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John Dundon, II EATax Professional Level: Tax Wizard
This is a fantastic question. IRS Examination, Appeals and Collection all communicate via phone, US Mail or fax. Usually IRS Local Area Counsel communicate via email. For years I have been asking this question... Read More
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John Dundon, II EATax Professional Level: Tax Wizard
Alaska Florida Nevada South Dakota Texas Washington Wyoming Two states have a limited income tax on individuals. These states tax only dividend and interest income: Tennessee New Hampshire Read More
John Dundon, II EATax Professional Level: Tax Wizard
According to the San Francisco Examiner ... "San Francisco’s payroll tax was kicked to the curb in the November election and replaced with a levy on businesses’ gross receipts." The article goes on to... Read More
Michael FlemingTax Professional Level: Tax Enthusiast
Unfortunately the answer to your question would be yes, an employee telecommuting from AZ would give you nexus in AZ and therefore subject you to the Transaction Privilege Tax (Sales Tax) and Corporate Income Tax.... Read More
Harold GoeddeTax Professional Level: Tax Enthusiast
Gambling winnings are reported as “other income” on form 1040, line 21. You can deduct gambling losses up to the amount of winnings. Losses are taken as a miscellaneous itemized deduction on form 1040,... Read More
JEANIE PITNERTax Professional Level: Tax Enthusiast
This is one of those questions that needs more questions and answers. 1. In the first part of the question it appears that she was renting out the 2 building as office space. 2. If this is the case the office... Read More
Anthony Campisi Tax Professional Level: Tax Enthusiast
The Tax rate is 30% for the 2011-12 income year. This includes corporate limited partnerships, strata title bodies corporate, trustees of corporate unit trusts & public trading trusts. Read More
Anthony Campisi Tax Professional Level: Tax Enthusiast
A new reporting regime came into effect on July 1, 2012, requiring businesses in the building & construction industry to report payments to contractors. The first of these reports is due on 21st July, 2013.... Read More
John Dundon, II EATax Professional Level: Tax Wizard
According to IRS administrative guidelines to its examiners concerning Rev. Rul. 2012-18, published in the 2012-26 Internal Revenue Bulletin, when performing a tip examination (aka audit), IRS examiners must ensure... Read More
Lisa Nason CPA, MSTTax Professional Level: Tax Enthusiast
Yes. Here is what the IRS says in their 2012 Medical and Dental Expenses Publication 502: Guide Dog or Other Service Animal— You can include in medical expenses the costs of buying, training, and... Read More
