My friend Diane Kennedy posted on Facebook this morning an interesting observation. “Normally, American citizens are taxed on worldwide income. But if you’re out of the country for 330 of […]
Tax
Help! I Got A Letter From The IRS!
It seems that just as tax season is winding down the IRS letters start ramping up. The reason is simple; they are about two years behind or so, and those […]
Heath Care reform – declared to be legal because it is a tax?
It is a sad day for America. The Supreme Court upheld the Health Care Reform Act (better known as ObamaCare) today. The decision came down in a 5 to 4 […]
When is my child no longer a dependent?
It use to be cut and dry that, when your child got married, graduated from college, joined the Army or in general, moved out of your home they were no […]
To Extend or not to Extend?
This time of year, I often get panicked phone calls. These calls are mostly due to not having the correct information gathered together to have their taxes prepared on time. […]
Can I deduct my dog on my business taxes?
I am often amazed at some of the ideas that are propagated by people who claim to be tax professionals. One of the most amazing I have ever seen is […]