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.”
Today TaxMama wants to discuss a tax issue that will affect tax preparers, certain taxpayers – and perhaps your friends and relatives around the country. Same-Sex marriage. Please don’t turn away because the topic is odious to you. You probably know someone affected – and may be able to help them.
By David & Mary Mellem, EAs The issue is whether a tax practitioner can be convicted under §7206(2) for preparing a fraudulent return and presenting it to the taxpayer with the expectation that the taxpayer will file the return or whether the return has to be presented to IRS for processing in order for the […]