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Form 2106- Employee Out Of Town Travel Expenses(construction Workers)on Temporary Jobs, Less Than 1 Year In Duration.Can He Use...
User Photo Gerald Nordland
Tax Professional Level: Tax Enthusiast

You need to remember that Depreciation is a BUSINESS expense for the investment needed to generate revenue, NOT a Personal expense. If his brother bought the trailer and rented it to him, the brother could deduct...   Read More
What Are The Current Rules Governing Taxpayers Who Turned 70-1/2 During 2013 In Connection To Required Minimum Distributions For Individual...
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

It should be duly noted that taxpayers who turned 70-1/2 during 2013, in most cases, must begin receiving Required Minimum Distributions (hereinafter "RMDs") from Individual Retirement Accounts (hereinafter "...   Read More

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