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Sunday, May 11, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
May 11, 2008 at 7:30 am ET
I do not think David Letterman is funny - and I find the bits on his show that take up time before the interviews especially lame and humorless. However there always is the exception ... (more)

Saturday, May 10, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
May 10, 2008 at 7:51 am ET
* Kay Bell, the yellow rose of taxes, provides a detailed post on the tax aspects of yard and garage sales in her post “Taxes On Garage Sale Proceeds”. I identify with her aversion ... (more)

Friday, May 9, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
May 9, 2008 at 7:19 am ET
I got the following email from KC early yesterday evening. .“I'm not sure if you are answering any questions regarding the stimulus rebate, but I have one. I did my taxes ... (more)

Thursday, May 8, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
May 8, 2008 at 9:05 am ET
I am no longer featuring a weekly ASK THE TAX PRO here at TWTP – and am stockpiling questions submitted during the tax season for a new blog devoted to such questions to “open” in ... (more)

Wednesday, May 7, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
May 7, 2008 at 7:04 am ET
More misconceptions.While none of my clients asked me this question during this past tax season, every now and then I will hear, “Why am I paying taxes on these dividends? I didn’t receive the ... (more)

Tuesday, May 6, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
May 6, 2008 at 8:06 am ET
Most states that have income taxes require non-residents to pay tax on income earned in their state. The most frequent example is a taxpayer who works in one state but lives in another. ... (more)

Monday, May 5, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
May 5, 2008 at 4:18 pm ET
Kay Bell has posted “Tax Carnival #36: A Cinco de Mayo Tax Celebration” at DON’T MESS WITH TAXES. .Included is my post “It Ain’t Necessarily So.”.Check it out. ... (more)

From The Wandering Tax Pro - view blog entries - visit this blog
May 5, 2008 at 8:24 am ET
As an addendum to this morning’s post: The source of many misconceptions about federal and state income taxes is often unsolicited tax advice from uninformed friends, family and even “Strangers on A Train”..Talk about bad ... (more)

From The Wandering Tax Pro - view blog entries - visit this blog
May 5, 2008 at 7:22 am ET
I find each tax filing season that my clients still have misconceptions about various tax deductions and credits. In many cases a little knowledge is dangerous. I will devote several posts to some ... (more)

Saturday, May 3, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
May 3, 2008 at 7:27 am ET
Welcome to the return of “What’s The Buzz”..Not much buzz lately. Several tax bloggers have been taking a break to recuperate after the end of the tax season. Blog postings have been pretty ... (more)

Wednesday, April 30, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
April 30, 2008 at 7:41 am ET
As I have blogged here before - the various “maximum” tax rates are not always what they are “advertised” to be.The maximum AMT tax rate is supposed to be 28%. The maximum capital gain ... (more)

Tuesday, April 29, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
April 29, 2008 at 10:28 am ET
The NJ Department of the Treasury has announced that the Division of Taxation will begin to mail out NJ Homestead Rebate applications to senior citizens and disabled homeowners this week.Those in Bergen, Burlington, Cape May, ... (more)

Monday, April 28, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
April 28, 2008 at 7:04 am ET
The following story is true. The name has been changed to protect the guilty.My client, let’s call him Alfred Wiedersehen, has twin children who turned age 3 in 2007. Both attend a pricey ... (more)

Sunday, April 27, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
April 27, 2008 at 7:39 am ET
The IRS will begin to distribute the “stimulus” election year bribes tomorrow – Monday, April 28 – four days ahead of schedule..About 800,000 tax filers will have their rebates directly deposited into their bank accounts ... (more)

Saturday, April 26, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
April 26, 2008 at 7:39 am ET
Haven’t received your 2007 federal income tax refund yet.Don’t call your tax preparer (I can't do anything). Go to www.irs.gov and click on Where's My Refund?..You should have your copy of the 2007 return in ... (more)

Friday, April 25, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
April 25, 2008 at 11:49 am ET
Congratulations to Joe Kristan of the ROTH AND COMPANY TAX UPDATE BLOG for having surpassed the 500,000 visitor mark!I have only 64,000+ since my December of 2006 return to Blogger - so I have a ... (more)

STUFF (3 clicks)
From The Wandering Tax Pro - view blog entries - visit this blog
April 25, 2008 at 7:06 am ET
A few items of note.* You can sing along to the TAX FREEDOM DAY song with Joe Kristan at the ROTH AND COMPANY TAX UPDATE BLOG.* An update to The Tax Book reminded me of ... (more)

Thursday, April 24, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
April 24, 2008 at 7:49 am ET
Yesterday, April 23rd, was Tax Freedom Day 2008.According to the annual Tax Foundation calculation, on average Americans had to work 113 days (Leap Day February 29th - not counted) to earn enough money to pay ... (more)

Wednesday, April 23, 2008
THE SINGING CPA (3 clicks)
From The Wandering Tax Pro - view blog entries - visit this blog
April 23, 2008 at 7:38 am ET
Regular visitors to TWTP know that I am a frustrated Weird Al" Yankovic – or more appropriate for my generation Alan Sherman (My Son the Nut, My Son the Folk Singer – HELLO MUDDAH, HELLO ... (more)

Tuesday, April 22, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
April 22, 2008 at 10:47 am ET
What usually happens at the end of the tax season is that I am so sick of 1040s that I need to get away or go mad. I head off for my annual recuperative ... (more)

Saturday, April 19, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
April 19, 2008 at 10:05 am ET
Here is an update on George W’s “stimulus” election-year bribe.The Economic Stimulus Act of 2008 provides for a special “credit” on your 2008 income tax return. The rebate checks that will begin to be mailed ... (more)

Friday, April 18, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
April 18, 2008 at 10:10 am ET
While I was visiting my folks at the home in Ocean Grove yesterday Senate Finance Committee Chairman Democrat Max Baucus and ranking Republican Charles E. Grassley introduced the Alternative Minimum Tax and Extenders Tax Relief ... (more)

From The Wandering Tax Pro - view blog entries - visit this blog
April 18, 2008 at 5:58 am ET
“The United States is the only country where it takes more brains to figure your tax than to earn the money to pay it.”A “thank you” to Edward J Gurney for recognizing that fact.To paraphrase ... (more)

Tuesday, April 15, 2008
From The Wandering Tax Pro - view blog entries - visit this blog
April 15, 2008 at 11:02 am ET
TAX SEASON'S OVER!MY FACE IT HAS A BIG SMILE.AND SO I'M OFF TO THE SHORE - 1040's NO MORE.AT LEAST FOR A WHILE. ... (more)

Friday, February 15, 2008
BEWARE! (1 click)
From The Wandering Tax Pro - view blog entries - visit this blog
February 15, 2008 at 7:40 pm ET
I just had to break from my tax season hiatus again to comment on the requirement that individuals with no income other than Social Security, Railroad Retirement or Veterans benefits will have to file a ... (more)

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