ILLMAS

Wow, being a millionaire and tacky taste of clothing bad combo.

No shoes no shirt no service, how about when a TP owns money to a CPA for work, shouldn't they be paid first?

I would recommend to fax it once you have the agent on the line, faxing it in advance doesn't always guarantee it will be processed on a timely matter, just last week I had called to follow up in regards to a client of mine, I had faxed over form 8821 and spoke with agent a month before, when I called they had no record of the form on file, so thankfully I had the signed copy and faxed it over.

I sometimes have a client sign a POA and form 8821, there has been a couple of times form 2848 is denied because I am not an EA, CPA or attorney, has anyone else experience this before?

Here are the instructions on how to use Myfax email to fax: http://www.myfax.com/faqs.aspx

http://politicalticker.blogs.cnn.com/2013/07/25/mccain-hopes-1-coin-leads-to-bigger-tips-for-strippers/?hpt=hp_t2

Good luck, I am going to register for it next week, I will be taking in late September or early October 2013.

Look what happened to New York mayoral candidate Anthony Weiner.

Lol pretty soon they be Americanized that will be working in the fields and cooking your food.

Tom was in the situation as Dan, when he asked his wife if she married him because of the inheritance his father left him, the wife replied when I married you I already knew I didn't care where the inheritance came from

A man goes into a bar and sat down, and ordered a beer. As he drank the beer, he heard a soothing voice say "nice tie!" Looking around, he noticed that the bar was empty except for himself and the bartender at the end of the bar. A few sips later the voice said "great shirt". At this, the man called the bartender over. "Hey...I must be losing my mind," he told the barkeep. "I keep hearing these voices saying nice things, and there's not a soul in here but us." "It's the peanuts," said the bartender. "What???" "You heard me," said the barman. "It's the peanuts ... they're complimentary." Feel free to play it everything you hear a lame joke. http://youtu.be/LekUKeFijxc

Wasn't Hillary Clinton image tarnished with the Benghazi deal?

I meant to repeat your suggestion but put in area instead of city.

Jack, I think she should seek help from a qualified tax professional in her area.

It's was so hot and humid yesterday that I seen lady walking outside with a jacket that it gave me goose bumps just thinking how hot she must be.

Does anyone know if there is a report or letter to get the marginal tax rate, similar to the individuals in ATX?

Who cares!!! More has been spend on the funding a war, my state's senators are crying because they deserve a raise , a local retired city comptroller believes he should be entitled to a full pension after only working three years as a comptroller, the IRS profiling organizations and U.S government is spying on us and friendly countries according to the former NSA contractor. In public finance I learned that are two sides of the coin, people receiving government benefits also have to pay taxes that is put back into the system, sales tax, property taxes, local and city taxes, documented and undocumented. They probably receive more in benefits but they pay taxes too.

I see it, however if I print out the document, the notes don't appear, is that correct?

Is there a way to put a note a tax return, sort of an electronic post-it note? Either in ATX or Acrobat.

Grandpa: Timmy accept me as a Facebook friend Timmy: WTF! You have Facebook grandpa? Grandpa: What is WTF? Timmy: Welcome to Facebook

Only in Ohio, I wished a Bears fan would thought about this. http://chicago.cbslocal.com/2013/07/09/browns-to-honor-fan-who-took-shot-at-team-in-obituary/

This man was so cheap, we would watch movies in reverse to see when the prostitute returned the money.

Ms. Tomlinson is in the wrong business she should be more like an attorney.

"I thought you said Jill was already the 100% borrower?" That's correct, Jill was and is still 100% responsible for the loan according to bank papers, John name is not on the loan, but in the written agreement, they are both responsible for the loan at that time. They were both supposed to be on the loan, however John credit history was not the greatest. Something that surprised me was that John never received a letter from the IRS for the mortgage interest that was not under his name or ss#. I did not think (cross my mind) of John basis being limited to the $50K he came in with and I really wished they would of reported 50/50 on each tax return that would simplify things.

Thanks, now I would like to use numbers: Building Cost $450,000 Land Cost $ 50,000 Total Cost $500,000 Down Pymt $100,000 $50K from Jack and $50K from Jill Current outstanding loan: $370K Jack is responsible for $185K and Jill is responsible for $185K Jack reported the $450K + $50K on Sch E, his accumulated depreciation is $40K, so his adjusted basis is $460K. But technically they are 50/50 owners, now to dispose from Jack tax return would this be the following entry: Jack adjusted basis is $460K Sales Price $370K this is the amount of the outstanding loan, Jill agreed to assume the 100% of the loan. Loss ($90K) But Jack isn't entitled to the 90K loss, his loss would only be $45K (half). Maybe I am seeing things wrong or mixing things up, if someone can help me on this I would really appreciated it. Thanks