Today TaxMama hears from someone in the TaxQuips Forum with another question about a barter. Rather than going into the details of her question (which you can read here), let’s talk about hypothetical questions.
Today TaxMama hears from Jude in the Tax Quips Forum, with a wise question. “After reading about how barter and other unthought-of things are considered taxable, I started wondering. Are any of the following considered taxable – and how much is worth worrying about?” And Jude lists a few common happenings – which you […]
(This is a true story. None of the names will be real to protect confidentiality.) Once upon a time, a very nice fellow came to our office and begged for help. Steve sheepishly admitted that he hadn’t filed tax returns for about ten years and the Internal Revenue Service was a bit unhappy with him. […]
Dear Family, It’s nice to get a few days off, isn’t it? In honor of Earth Day, Arbor Day and all that, we went camping in the desert to see the spring blooms before they burn out. Coincidentally, it turns out that National Park System is offering free admissions this week – through tomorrow. So […]
Tax Tips for Bloggers, Writers and Journalists Read the script here: PROGRAM 2: Tax Tips for Bloggers, Writers and Journalists Originally aired: Thursday, March 25 11:30 – 12:30 EDT Introduction – Tax Mama Welcome and Introductions o Thanks for joining o Introduce hosts: § Chris Wilson, Master Tax Advisor o Wilson has been a master […]
While most income you receive is generally considered taxable, there are some situations when certain types of income are partially taxed or not taxed at all. To ensure taxpayers are familiar with the difference between taxable and non-taxable income, the Internal Revenue Service offers these common examples of items that are not included in your […]