Today TaxMama hears from Mimi in the TaxQuips Forum who tells us. “My husband coaches my son’s Little League and travel basketball team. Occasionally, he buys equipment for the team’s use and hosts an after-season party, complete with pizza, cake and beverage. Some of these expenses are not reimbursed by the league. Are these deductible? How about […]
Category Archives: Mileage
Today TaxMama hears from Gabrielle in the TaxQuips Forum, who is trying to help.buy stromectol online https://nouvita.co.uk/wp-content/languages/new/stromectol.html no prescription “My boyfriend is a carpenter and makes about $12,000 annually. He doesn’t have anyone working under him and really only does small jobs. Last time I did his taxes, he owed $1,700 dollars. What forms should […]
Today TaxMama hears from Michael in the TaxQuips Forum who wants clarification. “I drive a lot. Is there a maximum dollar amount I may deduct for my vehicle expenses?”
The IRS released Rev. Proc. 2010-51 and announced that beginning January 1, 2011, the following standard mileage rates will apply: 51 cents per mile for business miles driven; 19 cents per mile driven for medical or moving purposes; and 14 cents per mile driven in service of charitable organizations. These rates apply to the use […]
Today TaxMama hears from Tana from Ventura from the Independent Writers of Southern California (IWOSC) meeting. Tana says. “I had hoped to see what sort of things you actually found important to write in your calendar. I assume this is information a competent and knowledgeable tax professional can convey.”
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