TRACY BYRNES: The huge one, a lot of couples take turns each year and stuff. But definitely something to speak to the attorneys about. Lisa Greene-Lewis, thank you so much for explaining all that LISA GREENE-LEWIS: Thank you for having me. [MUSIC PLAYING]Use...
However, individuals in certain service professions that are traditionally high-paid, such as physicians and attorneys, may not qualify for any deduction. The deduction for taxpayers in other businesses can vary widely. TurboTax Tip: If you use a vehicle for business, you can benefit from ...
In the tax world, vulnerabilities are calledloopholes. Exploits are calledtax avoidance strategies. And there are thousands of black-hat researchers who examine every line of the tax code looking for exploitable vulnerabilities—tax attorneys and tax accountants. Some vulnerabilities are deliberately creat...
Perhaps the biggest new tax-break for small businesses is the 20% pass-through deduction (explained in section 199A of the new tax law). The Mad Fientist literally got the guy who wrote the book on this tax break to writean awesome guest post. I can’t hope to improve on what he al...
Pete is an EA or an Enrolled Agent. That means he is enrolled to practice before the IRS. Only EAs, CPAs, and attorneys may represent taxpayers before the IRS. Enrolled agent status is the highest credential the IRS awards. Individuals who obtain this elite status must pass a three-part ...
In furtherance of those objectives, the Cole Memo provides guidance to DOJ attorneys and law enforcement to focus their enforcement resources on persons or organizations whose conduct interferes with any one or more of the following important priorities (the “Cole Memo priorities”): • Preventing...
All U.S. Attorneys General I know about practiced law privately before serving the government. Alcohol regulators worked for liquor interests before working for the state. No, putting industry representatives on the Cannabis Commission is not like the revolving door. It’s worse. That was then ...
I think Nate’s got the better idea. The IRS has /all/ of the information on me. Is it that hard for them to take out exactly what I owe each paycheck instead of making a bad estimate at the beginning of the year? I understand that for more difficult returns this could be problemat...
Tax law & stimulus updates Refer Your Friends Tax tools Tax calculators and tools TaxCaster tax calculator Tax bracket calculator Check e-file status refund tracker W-4 tax withholding calculator ItsDeductible donation tracker Self-employed tax calculator ...