Tag Archives: Tax Parlor

Flying Free

Today TaxMama hears from Patrick in TaxMama’s Tax Parlor, who says, “I have a question concerning frequent flyer miles. I have a friend (taxpayer) that is an employee of a consulting firm and had over 40,000 miles of air travel in the current year. His employer reimbursed all of the taxpayer’s transportation expenses, but allowed […]

Cancelled Debt

Today TaxMama hears from Sean from TaxMama’s Tax Parlor who tells us a very long story. Please read the whole question in the Tax Parlor. But, for short…, “My current situation involves a repossession of a car back in 1994. I received a notice about a year ago from the IRS stating that I owed […]