TaxMama

Real Estate Dealer

by TaxMama on September 2, 2010

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Today TaxMama hears from David in the TaxQuips Forum, who defines a dealer in real estate as someone who sells a single property for profit, as long as  the intent to act as a dealer to real estate is present.”

Dear David,
You tell us that IRC 453(l)(1)(B) defines a dealer disposition as:
Any disposition of real property [...]

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Ask TaxMama Issue 566 – All about Education

by TaxMama on September 3, 2010

Dear Family,
We were at the IRS Tax Forums last week. You can read all about our experiences in this week’s IRS News. There will be more information next week, as I have time to keep writing. It will just pour out as I sit at the keyboard.
The fun part was meeting so many of you! [...]

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Ask TaxMama Issue 566 – All about Education

by TaxMama on September 3, 2010

Dear Family,
We were at the IRS Tax Forums last week. You can read all about our experiences in this week’s IRS News. There will be more information next week, as I have time to keep writing. It will just pour out as I sit at the keyboard.
The fun part was meeting so many of you! [...]

Read more...

A Trip to the IRS Tax Forums, Page 2

by TaxMama on September 3, 2010

Problem Resolution and Focus Groups
Problem Resolution had a facility at the Tax Forum. One of my friends brought a case file with her (and power of attorney forms, etc.). When picking up her registration packet on Monday, she was given a form to fill out with the specifics of her case (and a copy of [...]

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NO NURSING HOME FOR ME!

by TaxMama on September 3, 2010

About two years ago my wife and I were on a cruise through the western Mediterranean aboard a Princess liner.
At dinner we noticed an elderly lady sitting alone along the rail of the grand stairway in the main dining room. I noticed that all the staff, ship officers, waiters, busboys, etc. all seemed very familiar [...]

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