Taxpayer asks:It’s February and I didn’t receive my W-2 (or 1099). What do I do?Taxgirl answers: You should receive your forms W-2 or 1099 by January 31. If you haven’t received your forms, you should first contact your employer (or the issuer). You might not have received the form because of an incomplete or bad…
Or so says Dick Solomon of NBC’s former “Third Rock” series. And then he had to go figure his taxes (as seen on YouTube)…
Or any other resident of a state where there is no sales tax. But the rest of you? Listen up. You have the option of claiming your local and state income tax or sales tax as deductions on your federal income tax return. Most folks automatically go for the income tax because it is easily figured. However,…
As posted before, you may have a day or so extra to file your taxes this year. The IRS confirmed that the tax deadline this year will be Tuesday, April 17, 2007, for all taxpayers. The extra time is because April 15 falls on a Sunday in 2007, and the following day is a holiday…
Are you a student who has just stumbled across my blog while searching for tax news? If so, consider getting some professional help (!) and then consider entering some contests to scare up some cash. Here are some to consider: The American College of Trust and Estate Counsel Mary Moers Wenig 2007 Student Writing Competition Mendes Hershman…
In light of President Bush’s plan to allow a standard deduction for all persons who pay for healthcare insurance (or receive insurance through an employer), today’s Fix the Tax Code Friday question is: Should itemized deductions be eliminated completely in favor of a standard deduction?
Chances are, you did not Google to get here today. At least, if Gregory Hill of Devon, PA, has his way you didn’t. Mr. Hill is a middle-aged builder in neighboring Chester County, Pennsylvania. He was recently sentenced for a conviction for payroll-tax fraud for paying transient workers under the table. The damage? According to…
I promised to comment on Bush’s proposals for tax reform following his State of the Union address (full text link here). Well… there’s not much to say. Bush punted on most of the economy issues, saying that he’d talk about them next week. And his health care based tax reform? I don’t anticipate that it will pass…
Check in after the State of the Union address tonight. I will be posting about Bush’s speech and Congress’ reaction to it. No, don’t look for anything on Iraq… Remember, nobody likes a partisan blogger. But I will be interested to hear about Bush’s plan for health insurance, and what those in Congress think about it….
Remember my post about Second Life? Forbes has an interesting look at the kinds of numbers that the company is generating. And by way of comparison from that old post in October, here are the numbers today: Total Residents: 2,835,296 Logged In Last 60 Days: 1,007,488 Online Now: 23,967 US$ Spent Last 24h: $1,063,827 LindeX…