Gail in Virginia

:bday:

:bday:

:bday:

:bday:

:bday:

:bday:

I hope you had a :bday:

I hope you had a :bday:

I am sorry that the confusion meant you were not wished a happy birthday on the main board on your birthday. But I do hope it was a :bday:

:bday:

:bday:

:bday:

But do let us know how they try to weasel out of this!

I am just curious. Taxbilly usually handles the birthday wishes to everyone, but just in case he is absent I try to look at the bottom of the page for members having a birthday today so I can back him up. I noticed 10SorTax was listed as having a birthday today, but when I looked at his or her profile, it said they had no birthday on file. Which is right?

:bday:

There was a discussion earlier about various browsers (it started about larger fonts but wound up about browsers). You might want to check that out. I think the following link will take you to it. http://www.atxcommunity.com/index.php?showtopic=5294&hl

I'm not sure why the Xmas bonus is treated different unless it was treated differently to the employee. Was it paid in cash and not reported as income on the employee's W-2? If they are trying to pay it to the employee without him/her being taxed on it, can they deduct it at all?

Some of my clients prefer not to take home-office deductions because they do not wish to re-capture the depreciation portion upon the sale of their personal residence. Therefore they are very careful to make sure they do not use the space exclusively for business. I don't think a "standard deduction" is going to change that.

It was my understanding that Sch. E was only for real estate and that the rental of personal property went on Sch. C always. If that is not so, could you please cite your source so I can look it up and educate myself? I have clients that might need this information.

I got it very quickly also - but thanks for not posting the progression before I had a chance to see it. Very nice puzzle.

It is my understanding that a sole-proprietor cannot rent to themselves to reduce social security but I don't have a citation for that offhand. I also don't know whether being an LLC has any effect on the situation.

Was the W2 for employment or was it for something like sick pay? The client might be obligated to pay the social security and medicare taxes with their 1040 in some cases. Usually, if they are liable for the SS/Medicare their will be codes in box 12 with the amount of the uncollected taxes and this will carry onto the tax return on page 2, other taxes.

We use ArkWorks software as a file management software, and it includes an encryption program to allow us to send the files from the pdf copy in ArkWorks through email and set a password for the recipient that we provide separately. I am curious to know more about the NJ law your client referred to, however, so I hope someone from NJ posts in response to this.

It seems to me that I have seen similar articles about private hospitals lately, and the importance of reminding your health care professionals to wash their hands before they touch you. A cousin of mine died from a perforated intestine after a routine colonoscopy at a private hospital - I don't see how he could have been any worse off at the VA hospital that we have here. My father-in-law goes there for routine care and prescriptions, and they have been wonderful to him. I don't really think that the VA hospitals make a very good argument against government health care.

The majority of taxpayers in my experience already do this to some extent - if they don't get a 1099 or w2 for it, it never really happened. Right?