Twitter Tax Tips #8
If you moved in 08 due to a change in employment, you may be able to deduct reasonable moving expenses. #TwitterTaxTip
(For more on twitter tax tips, see my prior explanatory post.)
If you moved in 08 due to a change in employment, you may be able to deduct reasonable moving expenses. #TwitterTaxTip
(For more on twitter tax tips, see my prior explanatory post.)
Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains tax news, IRS updates, scams, financial crime, and money in plain English.
Taxpayer asks: Several elderly friends have asked me to help them with administratrive work in there home. I would probably do this on an ongoing basis and I am sure each would end up paying me more that $600 a year. I would report all of this money (Schedule C I think) but am concerned…
Oh media, stop trying to create drama where there is none… Days after the IRS confirmed that some compensatory payments to victims of the Gulf Spill are taxable, the news is filled with sensational headlines implying that this is some kind of evil money grab by the government. Shame on those reporters. What’s happening in…
You’ve prepped, organized and you’re finally ready to file your federal income taxes. That is, except for one tiny little problem: you may be staring down a tax obligation that’s a bit bigger than what’s in your bank account. What now? You have options but not all of them are equally good. Here are seven…
As the year draws to a close, so, too, are a number of tax provisions for individuals. One of the most talked about is the Mortgage Forgiveness Debt Relief Act, which is set to expire in a few days. The provision allows taxpayers to exclude forgiven or canceled debt from a short sale, foreclosure or other mortgage relief, from taxable income. Will Congress tack on another year or just let the Act expire?
“How much am I getting?” That seems to be a popular question as it relates to rebate checks. If you want to know in advance, you can check out the “Economic Stimulus Payment Calculator” on the IRS web site. How does it work? You must answer a series of questions on the web which the…
Internal Revenue Service – Criminal Investigations (IRS-CI) has announced charges against three individuals for their alleged roles in the Twitter hack that occurred on July 15, 2020. As part of the attack, verified accounts of high-profile individuals, including those belonging to former Vice President Joe Biden, Amazon CEO Jeff Bezos, Tesla CEO Elon Musk, Bill Gates, Mike…