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From The Wandering Tax Pro - view blog entries - visit this blogDecember 9, 2007 at 8:40 am ET
Here are a few items that didn’t quite make it into yesterday’s WHAT’S THE BUZZ posting:.* The NATP TAXPRO Weekly email newsletter reports that “The IRS has issued a list of Qualified Alternative Fuel Motor ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogDecember 8, 2007 at 8:27 am ET
* While I was in Atlantic City the Senate finally approved a one-year AMT fix without offsets by a vote of 88-5, but not until after Senate Republicans rejected a House version (HR 3996) that ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogDecember 5, 2007 at 7:54 am ET
Q. My husband just started a new job in NYC. We live in NJ. The company gave him $5000 additional in salary to be based out of the NY office rather than NJ. If we ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogDecember 4, 2007 at 6:28 am ET
I have been blogging now as THE WANDERING TAX PRO since July 22, 2001. I first decided to write a blog to provide year-round advice and information to my existing clients and to promote ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogDecember 3, 2007 at 2:58 pm ET
* Kay Bell has posted “Tax Carnival #25: Merry Taxes 2007!” over at DON’T MESS WITH TAXES. Kay wants to “make sure you get the best present of all -- a lower 2007 tax ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogDecember 3, 2007 at 8:11 am ET
The title of a recent post at colleague Trish McIntire’s OUR TAXING TIMES blog was “Tax Season Delayed?”.In my situation I do not see the beginning of the upcoming tax filing season as being ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogDecember 1, 2007 at 7:51 am ET
* Republican Presidential candidate Fred Thompson, of LAW AND ORDER FAME, has announced his tax plan.Thompson would repeal the estate tax, repeal the alternative minimum tax, lower corporate rates considerably, permanently extend all the Bush ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 30, 2007 at 12:00 pm ET
Hey youse guys - I have posted a contest over at my other blog ANYTHING BUT TAXES..Check it out! ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 30, 2007 at 8:36 am ET
Here’s a tax tip for retirees:Many employers offer an Employee Stock Ownership Plan (ESOP), or allow employees to invest in company stock through their 401(k) or other qualified retirement plan.Upon retirement or termination of employment ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 29, 2007 at 6:59 am ET
You know, the answer to just about any tax question that begins with “can I deduct” is “it depends”. And I do mean just about any question. Can I deduct my cat? The ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 28, 2007 at 7:38 pm ET
Sorry to be so late in getting this breaking news to you – but, as usual for Wednesday, I was out of “the office” all day and just got back. .The IRS has issued the ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 28, 2007 at 6:37 am ET
Q. Please tell me: What is the 2007 Federal gross income allowed for a married couple filing jointly? My husband is 65 and I am 64. We are both on Social Security ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 27, 2007 at 6:13 am ET
"Mark Minassian's US Business Law / Taxes Blog" at about.com recently reported that “each year, the Small Business & Entrepreneurship (SBE) Council releases its Small Business Survival Index. The index rates all 50 states on ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 26, 2007 at 6:39 am ET
I prepare 1040s. That is what I do for a living. I have been preparing 1040s for 35 years. Each year I attend between 20 and 60 hours of continuing education on ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 24, 2007 at 7:27 am ET
Not much buzz this week, considering the holiday.* TAX PROF Paul Caron brings to our attention an article from the Dallas Morning News that reports “While presidential contenders in both parties denounce the AMT, few ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 23, 2007 at 8:31 am ET
A few of my previous postings have generated some interesting comments. .For my posting “ASK THE TAX PRO – STATE TAXES FOR A NJ RESIDENT WORKING IN NYC” I have received and responded to several ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 22, 2007 at 7:26 am ET
May your stuffing be tasty,May your turkey plump,May your potatoes and gravyHave never a lump.May your yams be deliciousAnd your pies take the prize.And may your Thanksgiving dinnerStay off your thighs!Happy Thanksgiving Everyone! ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 21, 2007 at 7:07 am ET
Q. Are the distributions from an S Corporation taxed as a qualified dividend at 15% or at the shareholders’ marginal tax rate? Is there any way for an S Corporation distribution to be taxed as ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 20, 2007 at 3:21 pm ET
Perhaps the best piece of tax advice I can give anyone is DON’T ACCEPT TAX ADVICE FROM ANYONE OTHER THAN A PROFESSIONAL TAX PREPARER. Don’t listen to a broker, a banker, an insurance salesman, or ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 19, 2007 at 6:52 am ET
In a letter enclosed with her birthday card to me my cousin asked a tax question about claiming her daughter for 2007.Her daughter lives “at home”. She became employed teaching 3rd grade in the fall ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 18, 2007 at 7:25 am ET
I have turned my birthday celebration into a 3-day week-end affair.I started on Friday night with a dinner of Veal Saltimbocca and Chocolate Cake at RENATO’S, a true hidden treasure behind the pizza parlor next ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 17, 2007 at 11:05 am ET
An article on the mail.com homepage reports that George W today has demanded that Congress send him legislation that keeps middle-class Americans from being hit at tax time next year by the dreaded alternative minimum ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 17, 2007 at 6:52 am ET
Today is the first day of the rest of your life. And tomorrow is the first day of my 55th year, since it will be the 54th anniversary of my birth. For those ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 16, 2007 at 3:22 pm ET
* I am in the “Carnival of Everything Finance #7” at the EVERYTHING FINANCE blog.* FIRE FINANCE has issued a listing of the “Top 100 Personal Finance Blogs - Ranked By Traffic” for October 2007. ... ( more)
From The Wandering Tax Pro - view blog entries - visit this blogNovember 16, 2007 at 9:06 am ET
“The latest uncertainty arises from the inability of the Congress to fix the alternative minimum tax. Or, more precisely, it arises from the inability of the Congress to turn its attention in a timely way ... ( more)
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