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"Under the interim guidance, taxpayers may deduct 50% of an otherwise allowable business meal expense if: The expense is an ordinary and necessary business expense under Sec. 162(a) paid or incurred during the tax year when carrying on any trade or business; The expense is not lavish or extravagant under the circumstances; The taxpayer, or an employee of the taxpayer, is present when the food or beverages are furnished; The food and beverages are provided to a current or potential business customer, client, consultant, or similar business contact; and For food and beverages provided during or at an entertainment activity, they are purchased separately from the entertainment, or the cost of the food and beverages is stated separately from the cost of the entertainment on one or more bills, invoices, or receipts. The IRS will not allow the entertainment disallowance rule to be circumvented through inflating the amount charged for food and beverages." Here is the link for the complete article: https://www.journalofaccountancy.com/news/2018/oct/tax-deduction-meal-entertainment-expenses-201819848.html?utm_source=mnl:alerts&utm_medium=email&utm

Whee hah; you've got a good one here. Shall we assume the amount that is being denied makes it worth all the trouble, AND that the client can now pay you for your time? Cuz if they won't, stop now. You were told once you weren't needed; nothing more should be done without payment. All that said, if you were to take it on you would need a complete timeline etc. Copies of decrees can be obtained from court, and a landlord should have a copy of the old lease. An explanation of mailing address versus residential address should be acceptable. I know plenty of people who have a separate mailing address - frequently so that mail and/or packages can be held where they won't be stolen. They should accept that (if it's true) especially if client can show that all/most/much important mail was sent elsewhere. A news report of mailbox vandals in the area will support the claim. Make sure you'll get paid, make sure the full story is one you can support with documentation, if so then it may be worth your time. But whatever you figure it's worth, double it - get paid up front as retainer with a forfeit clause in engagement letter if the client stops providing information to you.

The first thing that needs to be done is to find out if the IRS will reopen the case and, if so, what would be required for that. Can it be appealed? The only thing I can see that could be done re the address, is to get the grandmother to sign a notarized letter, which should state, that she has authorized the TP to use her address, since 20XX for receiving confidential mail and packages. If it gets any more complicated than that, I would refer the client to TPAS, otherwise you could get sucked into a long, time wasting nightmare. Writing letters to the IRS without substantiating documents is a a waste of time.

This is the way I understand how to report a merger that includes both stock and cash - Calculate the overall gain by comparing what was received (FMV of new shares plus cash) to cost basis of shares given up The amount of gain to report is the lesser of the total gain or the amount of cash received Basis in the new shares received is the basis in old shares, increased by the gain reported, decreased by the amount of cash received. This is done in total at first, but then must be broken down by lot and by short- and long-term. The following article should be helpful as it has detailed examples of three scenarios: one where overall gain is more than total cash received, second one where overall gain is less than total cash received, and the third where no gain is reported. It also has detailed illustrations of splitting this into short- and long-term by the length of time each lot was held. https://www.schwab.com/public/file/P-8936138/spt010960.pdf Each of the named groups (CH2M, CH2M PDSPP, and CH2M PDSPP stock D) should each be treated separately since they have different designations, and some were purchased through a payroll deduction plan. I hope some of that and the linked article helps.

CA does. But, I don't know much about it. The few CA returns I prepare are for fairly high income clients, those that transferred from NYC to CA or the other way; so they make too much to qualify for the credit or they purchased homes. https://www.ftb.ca.gov/individuals/faq/ivr/203.shtml

So here's a sample of what happens when my husband is tired and his brain starts in on random associations. We came home this evening, and apropos of absolutely nothing on this earth, he said to me, "I just realized there is no International Fig Line."

I had a client who tracked this non-existent bad debt. I ended up excluding it from the P&L as a specially-named report. Everything else was fine; this person just wanted to know if the number of deadbeats were staying steady or not.