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Archive by Article Title | Archive by Date Will I Owe Taxes If I Sell My Personal Residence In slumping real estate markets it may seem that there are no homes selling at gains but in reality some people are still making money on the sale of their personal residences. This prompts the question of whether that gain is taxable for income tax purposes. Let’s take a look at that query...
What The Bleep Is Capital Gains Tax? “Hey, I sold some stock that I bought with my money I got for my high school graduation and wow, I made lots of money. Do I have to do anything with this 1099-B and what the bleep is capital gains tax anyway?”
Thoughts on Father’s Day Giants, Taxes, Sports… Fathers are Giants in the eyes of their families. At the gatherings on Father’s Day to honor all of the Giants, undoubtedly, there will be many political discussions, tax discussions, economic discussions, and war related discussions amid the festivities to honor our Fathers. The Pinocchio Returns – Lies or Bad Bookkeeping Let me tell you about a hypothetical couple - Mr. & Mrs. Pinocchio Every so often I will have a new client or two who arrive in my office and they instantly sound the “seems a little shady to me” alarm. You think they must be lying because their mouth is moving and their nose is growing...
The Johnny Jingles Amended Return Decision Johnny Jingles filed his return and then he realized that he didn’t claim the unemployment payments he received when he was laid off at the beginning of the year. Now he has a decision to make – to file or not file an amended return – that is the question.
Taxes, Recession and Elections It’s Tax Season; and - It’s a Presidential Election Year!
What if anything can you do to help make changes in the taxes that you have to pay? Do you want to speak your mind? - VOTE!
Taxes, Rebates, Recession, Elections, A Woman Pres A Woman for President; Is it time? Well Yeah NOW does seem to be the right time! Why, because women are the fixers in the world and we need a fixer now.
Taxes, Rebates and A New Telephone Scam What a surprise! Identity Theft is Alive and Well and attacks using many aliases and disguises. Coming along with the pending Tax Rebates is a new Telephone Scam to try steal financial information. The IRS has issued a warning...
Taxes To Be Thankful For this Thanksgiving Who in their right mind would be thankful for taxes? Well let’s just take a look at a few of the taxes that might be worth considering as worthwhile.
Taxes and Other American Duties on Memorial Day As Americans we have many rights and duties. Here I usually write about our duties and rights re taxes. Today as I do that I also share pages from An American Holiday Patchwork about Memorial Day about another duty we should all acknowledge - Our Duty To Remember Those Who Loved Us So Well!
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