Twitter Tax Tips #16
Don’t forget that mileage to/from medical visits are deductible if you itemize – so are parking, tolls and transit. #TwitterTaxTip
(For more on twitter tax tips, see my prior explanatory post.)
Don’t forget that mileage to/from medical visits are deductible if you itemize – so are parking, tolls and transit. #TwitterTaxTip
(For more on twitter tax tips, see my prior explanatory post.)
Expense it! In 2008, businesses can expense up to $250,000 of §179 property instead of depreciating. #TwitterTaxTip (For more on twitter tax tips, see my prior explanatory post.) Kelly Phillips Erb Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains tax news, IRS updates, scams, financial crime, and money…
Just one week after I published my primer on Alabama state taxes, an article was posted on TheRoot.com touting a new tax in Alabama: the fat tax. It’s not as literal as it sounds. The Alabama State Employees’ Insurance Board has approved a plan which requires state workers to pay up if they don’t utilize…
Taxpayer asks: I heard today that the courts ruled Obamacare unconstitutional. Does that mean that we don’t have to worry about those new 1099s now? taxgirl says: There are a couple of pieces to this question. First things first: the health care bill is still law. Procedurally, what happened was that a federal court in…
When it rains, it pours. In the midst of an already tense tax season, taxpayers had a brief moment of worry last night when the online system for TurboTax appeared to melt down. After a few error messages, some angry tweeting, and a little hyperventilating, things returned to normal. So what happened? According to Julie…
Halbig. Remember that name. It hasn’t gotten a lot of press to date but trust me, it will. A decision today in the U.S. Court of Appeals in Halbig poses one of the greatest challenges to Obamacare since its inception. So why did Hobby Lobby and Wheaton garner more attention? Two reasons: Both of those…
Filling out those tourney brackets? Remember that your winnings (and all gambling winnings) are taxable! #TwitterTaxTip (For more on twitter tax tips, see my prior explanatory post.) Kelly Phillips Erb 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…
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oh, how i wish i’d known this last year…