The IRS released its list last week of 40 positions not to take on your federal income tax return because they have been deemed frivolous
Read MoreMonth: March 2007
Happy St. Patrick’s Day!
Luck o’ the Irish to you.
Read MoreClub Fed Seemed So Much Nicer In The Brochures
Here’s a newsflash:Richard Hatch doesn’t like prison. I know, stunning. Hatch continues to maintain his innocence, claiming that CBS had agreed to pay his taxes
Read MoreFix The Tax Code Friday: Capital Gains Exclusion
I’ve received a number of queries about the capital gains exclusion for the sale of a personal residence (more on that next week). But it
Read MoreAsk the Taxgirl: Taxable Gifts
Taxpayer asks: My mom gave me money through my paypal account. There were 3 separate transactions totaling $380 but was non-business related, do I need
Read MoreMind Your Business!
Don’t forget that many corporate tax returns are due on tomorrow, March 15. If you need an extension, use form 7004, available on the IRS
Read MoreAsk The Taxgirl: Tax Evasion
Taxpayer asks: Hi Taxgirl,I’ve been claiming lots of dependents (that don’t exist), but not filing or paying any Federal income taxes for the past three
Read MoreTax Changes For 2006 (Pt 7)
Of course, the most common changes for any tax year are items which are indexed for inflation. For 2006, this includes: Personal exemptions are increased
Read MoreTax Changes For 2006 (Pt 6)
For tax year 2006, the alternative minimum tax (the dreaded AMT) exemption rises to $62,500 for a married couple filing a joint return and to
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