It’s Fix the Tax Code Friday! This week, I mentioned that taxpayers in California may be on the hook for the choice that Nadya Suleman
Read MoreYear: 2009
Fun Stimulus Bill Facts
I’m not going to issue a complete report on the stimulus plan until the ink on the signature page is dry (Obama plans to sign
Read MoreControversial Octuplet Mom’s Doctor Accused Of Tax Fraud
Octuplet mom Nadya Suleman is causing furor this week in California – again. A number of reports appear to confirm that the hospital where the
Read MoreAsk The Taxgirl: 1099-C Income
Taxpayer asks: Hello, Taxgirl Hope you are doing well! I have a Question I got a 1099-c form from wells fargo for about 5000 will
Read MoreAsk The Taxgirl: Home Repair Expenses
Taxpayer asks: Taxgirl, where do you deduct expenses for fixing your home? My neighbor said that I can take off the cost of fixing my
Read MoreAsk The Taxgirl: 1099-R Codes
Taxpayer asks: On the 1099R block 7, what is code 7. Taxgirl says: Code 7 in box 7 on Form 1099-R means “normal distribution” for
Read MoreAsk The Taxgirl: Failed Adoption Expenses
Taxpayer asks: Hi Kelly,Can failed adoption expenses still be duducted even tho the adoption did not go thru??Thanks Taxgirl says: There’s a “yes” and a
Read MoreWalmart To Offer Free Tax Prep Services
Occasionally, a news item will come across my desk that will cause me to do a double take. This story, reported on the PR Newswire,
Read MoreSenate Passes Stimulus Bill, Now Real Work Begins
A version of the stimulus bill passed the Senate today with a final vote of 61-37. Three GOP Senators broke with the majority and voted
Read MoreAsk The Taxgirl: 1099 For Rent
Taxpayer asks: I am a sole prop and paid rent to an accountant who is a professional corporation. Do I need to 1099 him? Taxgirl
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