Only 5 Shopping Days Left Till Christmas…
As seen on TaxProf blog, this tee shirt is for sale on eBay (I am not intending to promote eBay here, having no experience with the site ever, just passing along the details for your amusement). The...
View ArticleIRS Again Pursuing Offshore Funds
A federal court in San Jose, California, gave the IRS permission to ask PayPal Inc. for account information for American taxpayers who have bank accounts, credit cards or debit cards issued by...
View ArticleMamma Mia! Italian Tax Records For Sale On eBay!
On May 5, the idea of bargain shopping on eBay took a new twist. Item 100237099149 went up for sale for the sum of $75 but the item was actually quite priceless. You see, what appeared to be just...
View ArticleNew Credit Card Reporting Requirement Worries Some Taxpayers
And you thought bank fees were bad… There’s a new form on the block, Form 1099-K, Merchant Card and Third Party Network Payments, making its debut in a few months, just in time for the 2012 filing...
View ArticleOnline Sales Continue To Puzzle Holiday Shoppers
I hate to shop. I don’t have the patience for it. I have three kids and if you’ve ever been behind me in line at the store (first of all, I apologize), you know that the whole production takes forever....
View ArticleCredit Card Reporting For Tax Purposes Debuts This Month
Form W-2, check. Form 1099-Misc, check. Form 1098, check. Form 1099-K… wait, what? Yep, there’s a new form from the IRS out this year and one might be landing in your mailbox soon. The federal form...
View ArticleTackling Those Confusing 1099 & W-2 Changes
This story appears in the Feb. 12, 2012 issue of Forbes Magazine. It’s that time of year when envelopes marked “Important Tax Return Document Enclosed” come in the mail, mixed in with the credit card...
View ArticleGuest Post: Taxing Online Sales Is Fair
Taxing Online Sales Is Fair Submitted by DAVID CAMPBELL Is it fair to require online retailers to collect and remit state sales tax? In a word, yes. Most governors who have taken a stance on the issue...
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