Owner: Taxgirl URL:www.taxgirl.com Join Date: Sat, 24 Mar 2007 09:29:06 -0500 Rating:0 Site Description: tax news, tax policy, tax answers wrapped up in bloggity goodness. Site statistics:Click here
Surprise! Your tax dollars are being wasted! 2008-04-09 20:41:01 A report by the Government Accountability Office (GAO) has found that there is (gasp) waste in government spending.
Over a fifteen month period from 2005 to 2006, the GAO found that nearly 41% of credit card purchases - in the amount of $14 billion - were not billed out according to procedure. For purchases over [...] Read more:Surprise
, dollars
A refund? What are you spending it on? 2008-04-11 08:24:44 Thirty-five percent of taxpayers who expect to receive a tax rebate this year plan to use the money to pay utility, credit card, housing or other bills. This is according to an AP/AOL Money & Finance poll. Those numbers are up a few points from the twenty-seven percent who made the same statements a [...]
Twittering Tax Pros 2008-04-15 07:19:41 The fabulous Wendy Piersall (now of sparkplugging.com in case you missed the re-branding announcement) posted a list today of Twitter Moms (the list is here - check it out).
I’ll confess. I’m a Twitter-freak. I do enjoy trying to sum up my day in 140 characters or less - it helps me clear out [...] Read more:Twittering
Wow, Chicagoans Pay a Lot of Tax… And File Late 2008-04-15 06:49:23 Image details: Thinkstock Single Image Set served by picapp.com
We already knew that Chicago holds the distinction for the highest sales tax rate in the country… and apparently, it’s affected the population. Chicago also holds the top spot for tax filer procrastination. Who’s number 2? You’ll have to check out the list [...]
Happy Tax Day! 2008-04-15 04:41:53 Enjoy your day.
And don’t forget to come tell us your filing stories - we’re open all day!
Tags: April-15, tax dayShare This Read more:Happy
Ask the taxgirl: Reporting Misc Income Under $600 2008-04-14 22:35:30 Taxpayer asks:
Good Morning:
My wife was working for a local music school teaching lesson for only a couple of months last year. She was paid a total of $120.00 for 2007. The Music store has not sent us a 1099-MISC form. How do I declare this income on my 1040 form? Do I still have [...] Read more:Reporting
, Income
Ask the taxgirl: More cell phone questions 2008-04-14 22:26:04 Taxpayer asks:
I have a quick question regarding tax deductions. My husband and I are both military. I am National Guard and he is active duty National Guard. It was brought to my attention that we can deduct internet service & cell phone
service as a deduction under unreimbursed employee expenses.
The justification [...] Read more:questions
Ask the taxgirl: Cell Phone Plan 2008-04-14 22:18:59 Taxpayer asks:
The reader who asked the question (regarding your Feb 28 cell phone deduction post) seemed to presume she’d deduct the cost of the “extra line” (which is usually a minimal cost), but let’s say she was just getting her phones set up from scratch. Could she have given her brother the primary line [...] Read more:Cell Phone
Ask the taxgirl: Childcare Providers and TIN 2008-04-14 20:42:32 Taxpayer asks:
My childcare provider says that she doesn’t know her TIN? but she has her state G.E. tax license number. She doesn’t want to give me her social security number, which is understandable, but I do want credit for this expense. What can I, or should I, do?
When I plugged in the [...] Read more:Childcare
Ask the taxgirl: independent contractor and employee in the same year? 2008-04-14 20:08:28 Taxpayer asks:
I left my job as an editor at a media company, but continue to do some freelance work for them. When I submitted an invoice, I was told that for tax purposes I couldn’t be paid by them as an independent
contractor in the same year that I was an employee. This means those [...]
Ask the taxgirl: US citizens overseas 2008-04-14 05:54:07 Taxpayer asks:
I am a permanent resident overseas
. I file my USA tax return every year, but never have to pay tax as I pay enough here in this country. Will I still get the rebate and how can they direct credit if they have never been given my bank account details? I have [...]
Ask the taxgirl: Divorce and taxes 2008-04-14 05:19:24 Taxpayer asks:
After 17 years and one 12yr old daughter, I was divorced in October 2007. The decree stated we would file jointly for 2007. However, the idiot was not co-operative and I had no W2’s . (He hasn’t paid child support either) My accountant said I could file for 1/2 of his income. I’m [...]
Why Twitter? 2008-04-16 10:15:29 Following up on my post from before about Twitter
ing Tax Pros, I am happy to share this great video from my friend and b5media colleague, Darren Rowse, over at the amazing Problogger.com:
Convinced?
Tags: tax professionals, TwitterShare This
Ask the taxgirl: Error on check 2008-04-16 09:54:30 Taxpayer asks:
I was told to put 1040 and my SS# on the check, which I have done in a rush (yesterday). Today I see a small notice informing me to make check out to US Treasury RATHER than IRS. I’d like to think it’s no big deal. but - I’d like to believe in Santa [...]
Gas Prices Killing You? 2008-04-16 09:33:37 You can pray for McCain’s gas tax holiday. You can walk more. You can carpool. Or you can consider not driving a car that takes $100 in gas to fill up…
After my post about going green, a reader - and fellow attorney - sent me a link to a memo that he prepared on hybrids. [...] Read more:Prices
, Killing
, Gas Prices
Can Going Green Save Some Green? 2008-04-15 23:41:22 Sigh.
It’s the day after tax season. Folks are tired and cranky (trust me, I get the emails). Nobody likes to pay taxes. And every year, you swear to do better, plan more, save more. Why not actually do it this year?
There are a couple of things that you can do throughout [...] Read more:Going
, Green
Extended. 2008-04-15 20:15:02 I am officially extended. No, my hair is the same (are you kidding me? I saw Britney’s extensions at the MTV Awards and have chosen to stay far, far away from fake hair). But I have filed extensions and paid a little cash (just a little) to the feds and to PA.
This [...] Read more:Extended
Looking for an extension? 2008-04-15 14:11:38 Here’s the form for individuals: form 4868 as pdf
Tags: 1040, form 1040, form 4868, income-tax, IRS, taxShare This
Firming up BlogHer 08 2008-04-17 21:57:00 *squeal!*
I’m really excited! The BlogHer 08 Schedule is up and my session is all nailed down. The description is as follows:
Taking Care of Business. If you’re a blogger, and your blog contributes to your livelihood…whether through direct monetization or as a platform to get freelance and consulting work…then it’s a business. But [...]
What Do You Want to Be When You Grow Up? 2008-04-17 12:10:34 Take Your Sons and Daughters to Work Day is just a week away - April 24!
In honor of the day, the Business Channel is asking our readers to think about how our experiences as children influence our career choices. You only have a few more days to enter - the deadline is April 20.
Follow this [...]
Ask the taxgirl: Will the rebates affect my tax due? 2008-04-17 07:53:24 Taxpayer asks:
We thought we’d get an early start on taxes this year, but it didn’t happen. My husband and I used Turbo Tax to do our taxes (we also have two young children) and at first, it said that we owed $1200 or something like that. So, we waited until last minute to redo the [...]
Ask the taxgirl: Incorrect 1099 2008-04-17 07:32:56 Taxpayer asks:
I received my 1099 on Feb. 8 and noticed that the amount looked higher than it should have been. So I checked my bank records twice. Compared to the 1099, my bank statements said $646.01 less than the 1099.
Feb. 12, I call my ex-boss’ accountant (T), and tell him about this problem. [...] Read more:Incorrect
Presidential Candidates: Where do they stand on taxes? 2008-04-18 13:03:37 This week - in the midst of a busy tax season - I wrote a guest post for One Vote Matters. It’s a quick and dirty summary of where the presidential candidates stand on tax issues. You can read the entire post here.
Tags: Clinton, McCain, Obama, one vote matters, president, taxShare This Read more:Presidential
, Candidates
How much money do you need to make to be President? 2008-04-18 07:33:53 Democratic presidential candidate Barack Obama has released his tax return for the 2007 tax year showing that together with his wife, the Obamas earned $4.2 million. A whopping $4 million of that income was in the form of royalties from the sale of his books. Other income includes Obama’s Senate salary of $157,102 [...] Read more:President
b5media Business Channel Grows Up 2008-04-21 06:50:29 As you know, the BusinessChannel
has been celebrating Take Our Daughters and Sons to Work Day all month - with a comment contest to solicit the best stories from our readers.
You can see all of the entries from the finalists here (and learn about my pageant history).
To vote for the best comment on my [...] Read more:media
What I Want To Be… 2008-04-20 21:40:49 This entry was chosen as one of the best for the Business Channel “Take Your Sons and Daughters To Work Day” contest.
Your comments will count as votes - the most commented post between now and April 30 wins! The commenter wins and the blogger wins. So comment away!
What do you want [...]
GOP in Galveston, TX works to remove Scientology status 2008-04-20 11:22:09 Last month, a delegate from Galveston County, Texas presented a proposal to the Republican National Convention to revoke tax exempt status for the Church of Scientology.
Here is the Resolution:
The Resolution
Initiative for Texas Resolution Calling for the revocation of the Church of Scientology’s status as a Legitimate religion in the sate of Texas.
Be it resolved that [...]
McCain Releases Tax Returns, Sort Of 2008-04-20 10:32:26 It’s 2004 all over again. A presidential candidate has released his own tax returns - but not that of his spouse. The GOP cries… ok?
Yep. This week, Sen. John McCain
and Republican presidential candidate released his 2007 tax returns - without information about his wife. Cindy McCain filed [...] Read more:Returns
I’m Pretty Sure She’s Going to Be A Litigator… 2008-04-20 08:25:43 My husband and I are both attorneys. We have often said that we don’t care what our children grow up to be… so long as they’re not attorneys or exotic dancers. And we’re willing to bend on exotic dancers.
I fear we may lose that battle with our youngest daughter. She’s three [...] Read more:Pretty
, Going
Ask the taxgirl: Filing the same return twice 2008-04-20 07:55:57 Taxpayer asks:
Hi Kelly,
I have a quick question.I used e file ( turbo tax- free editon ) and IRS rejected it on 15th , so I sent my documents via postal mail.Meanwhile on my second attempt to e file with paper sign . IRS accepted my return. Does it create any problem as everywhere it [...] Read more:Filing
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