Tag Archives: suggested retail price

Won a Prize

Today TaxMama hears from Jed in Missouri, who says. “I won a trip. Due to health issues, I never booked or took the trip. The voucher has since expired. Now the IRS says I owe tax on the value of the trip. Is this correct?”

Cash For Clunkers

Courtesy of David & Mary Mellem, EAs Cash for Clunkers (not a tax issue but…) This is not a tax issue, but contains a part you may be interested in knowing about. We have already heard from clients asking about this so we figured we’d share what we found. HR 2346 was passed by the […]