Today TaxMama hears from Terry in Georgia with this problem . “I participate in a Executive Deferred Salary Account where I have been able to defer income. Now I need to make an early withdrawal and the company imposes a 10% withdrawal penalty. Is this charge deductible?”
Tag Archives: Tax resistance
Today TaxMama hears from Victor in Florida who wants to know.buy lexapro online https://jersey-hemp.com/wp-content/languages/new/lexapro.html no prescription “Is there some type of reward for turning in or catching tax criminals?” Dear Victor, Yup. There is. In fact, you can even find an old IRS press release on TaxMama.com from May of 2000 that talks about the […]
Today TaxMama hears from George in California with this problem.buy propecia online www.pharmalucence.com/wp-content/languages/new/generic/propecia.html no prescription “What course of action can a company take if a payee, who has already been paid for services rendered, avoids or refuses to give his tax ID information (W-9) for 1099 tax reporting purposes?”
Today TaxMama hears from Carrie in Vermont who says, “I have a handicapped son. This spring we built a deck with ramp onto our house.buy cytotec online www.adentalcare.com/wp-content/themes/medicare/fonts/engl/cytotec.html no prescription I have heard that the deck cannot be taxed for property tax purposes because of this. Is that true?”
Today TaxMama hears from Michael in AZ who’s grousing. “According to the IRS I owe over $10,000 dating back to 2000. I recently filed 2003-2007. My files show, before penalties and fees, approximately $8,000. I was told “less than 10% of those who self file for an offer in compromise get approved. several tax places […]
Today TaxMama hears from Maureen in California who says. “I own a house with my 2 sisters equally since 2002.https://alvitacare.com/wp-content/languages/new/cytotec.html They want to buy my share out because I am getting married. Will this amount be considered taxable since we didn’t sell the house?”
Courtesy of the Internal Revenue Service TT-2008-60 If you already filed your federal tax return and are due a refund, you have several options for checking on the status of your refund. One way is to use “Where’s My Refund?” an interactive tool on the IRS Web site at IRS.gov. Simple online instructions guide taxpayers […]
Today TaxMama hears from Jim in Texas with this simple question.buy viagra online https://www.mobleymd.com/wp-content/languages/new/viagra.html no prescription “Is there a penalty for not filing even if you have a refund coming?buy cipro online https://www.mobleymd.com/wp-content/languages/new/cipro.html no prescription ”
Today TaxMama hears from a tax professional with a problem: “My client is being audited by IRS. I live in another state. She sent me the records and I asked IRS to move the audit to my state or to do it by phone. After she sends me the records AND after I ask IRS […]
Today TaxMama hears from Whitney in Oregon who tells us: “I have defaulted on my student loans.buy uk amoxil online www.mabvi.org/wp-content/languages/new/uk/amoxil.html no prescription http://auneec.ateneo.edu/wp-includes/images/new/personal-statements-for-college.html Last year they seized our tax refunds. We filed an injured spouse form and got my husband’s refund back – six months later. I am trying to keep that from happening […]
Key areas of the report focus on improving taxpayer services, ensuring that taxpayer rights are protected in the IRS’s private debt collection initiative, and making the IRS’s offer-in-compromise program more accessible for taxpayers who are unable to pay their tax debts in full. The report also addresses the challenges the IRS is facing because of […]
[note: Added 01/28/08 – link to IRS Revenue Procedure 2008-14 covering “Adequate disclosure for Statements on Tax Return” for purposes of reducing an understatement of income tax under section 6662(d) and for purposes of avoiding the section 6694(a) preparer penalty.] Report from the IRS Practitioner Liaison meeting in Los Angeles, January 17, 2008 – at […]