Today TaxMama hears from Carol in the TaxQuips Forum who wants to know, “Are there consequences to issuing 1099-Ms to contractors in October instead of the last of February?”
Tag Archives: Internal Revenue Service
Dear Family, The news is buzzing this week about Robert Rizzo, the City Manager of Bell who is being investigated and prosecuted for his outrageous compensation levels. He’s offended by all the hostile news coverage and being treated like a pinata. Even though, last June when the scandal hit the air, the news blasted that […]
Today TaxMama hears from Alissa in the TaxQuips Forum. She wants to know, “The mortgage on my rental property is $1,500 (including tax, insurance, & a 2nd). But I only charge $1,200/month for rent because that is the going rate in the neighborhood. Do I still report the $1,200 as rental income even though it […]
Today TaxMama hears from Timothy in the TaxQuips Forum. He filed for his Homebuyers Credit over 4 and half months ago, hearing nothing.https://www.richereducation.co.uk/wp-content/languages/new/writing-and-editing.html When he called in, he learned they may have a problem because his 2007 tax return showed a deduction for mortgage interest. But it wasn’t his home – it was his ex-wife’s. […]
Today TaxMama hears from Midge in the TaxQuips Forum. Midge is upset because she and her husband sent IRS 4 post-dated checks for last year’s taxes with 2010 on the memo line. Not only did IRS cash them all at once, but they applied the payments to 2010, instead of 2009. Now, Midge says, they […]
[TaxMama Note: This applies to everyone – EAs, CPAs, attorneys, licensed, as well as unlicensed preparers. Do not rush to register unless you need a PTIN to take the EA Exam.buy clomid online http://ommorphiabeautybar.com/wp-content/languages/new/ no prescription The system is jammed. Your current PTIN will work just fine until you update your registration.http://klassroom.co/files/migration/new/copyediting-services.html ] A new […]
We returned Tuesday afternoon to find parts of the house infested with ants. And one of my computers infected with something, or it got messed up during the brown-outs when temps hit 113 here in the Valley. The computer kept shutting down every few minutes for no apparent reason. So, I lost the week trying […]
WASHINGTON — The Internal Revenue Service today issued guidance providing relief to homeowners who have suffered property losses due to the effects of certain imported drywall installed in homes between 2001 and 2009. Revenue Procedure 2010-36 enables affected taxpayers to treat damages from corrosive drywall as a casualty loss and provides a ”safe harbor” formula […]
WASHINGTON — Following is a speech delivered by IRS Commissioner Doug Shulman today in Toronto, Canada. (See links to related materials at end of this document.) It is my great honor and privilege to be in Toronto addressing the ABA. It is a very busy time at the IRS. And while I could speak to […]
Today TaxMama hears from Brad in Missouri, in the TaxQuips Forum.buy furosemide uk https://blackmenheal.org/wp-content/languages/new/uk/furosemide.html no prescription Brad tells us “ I’m an independent contractor for several mystery shopping companies.http://klassroom.co/files/migration/new/buy-papers.html Today for example I did a casino shop.http://klassroom.co/files/migration/new/fantasy-writers.html I get reimbursed for 1 meal expense up to $10 and paid $35 for the shop itself, but […]
Offices in All 50 States Will be Open Saturday, Sept. 25 to Provide Tax Assistance IR-2010-97, Sept. 14, 2010 WASHINGTON — The Internal Revenue Service will host a special nationwide open house on Saturday, Sept. 25 to help taxpayers –– especially veterans and people with disabilities –– solve tax problems and respond to IRS notices. […]
Guest article by Wayne M. Davies Author of the free report One Simple Step. The due date for business income tax returns on extension is September 15. If that date has passed and you still haven’t filed a return for your corporation, partnership or LLC that is being taxed as a corporation or partnership, what […]