Articles about Internal Revenue Service

Spend to Save - 4-1-2006

The IRS likes to have fun too. Need proof? Then take a look at these tax deductions that are actually a pleasure to earn. (Thanks to H&R Block and Jackson Hewitt Tax Service for pointing them out to us.) T.S.-Host a qualified exchange student: ...

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...any qualified Energy Star home improvement; the Internal Revenue Service is compiling a list) in 2006 or 2007 and...

Money Talk - 11-1-2001

Q: My finances are stable, so why should I downsize my home in retirement? A: There comes a time in everyone’s life to face retirement. Retirees downsize into a smaller home or into an apartment when their larger homes become unmanag...

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...it is at 35. In addition to manageability, the Internal Revenue Service provides an incentive. There is no capital gains...

Personal Profits - 3-1-2002

Tax Tips For Road Trips Owners of small and mid-sized businesses may be tempted to cut back on attending conventions and trade shows until the economy improves. Keep in mind, hoWe'ver, that many expenses from such trips are tax deduct...

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... a standard deduction for meals and expenses, see Internal Revenue Service publication 463. - If you’re showing...

... much pleasure with business can draw the eyes of Internal Revenue Service auditors. If you take in a post-workday ballgame...

Personal Profits - 5-1-2003

OH, THE TAX MAN When Ed Slott talks, people listen. And wince. That’s because Slott — a CPA, popular speaker, and author of The Retirement Savings Time Bomb...and How to Defuse It (Viking) — fills his speeches and w...

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...the 43 million taxpayers who, according to the Internal Revenue Service, have some $2.7 trillion dollars stowed in...

If You Can’t Back It Up, Don't Write It Off - 4-1-2006

Wondering which tax deductions inspire auditors to charge? Behold the top five, according to Ralph Havens, chief licensed taxpayer rep at JK Harris & Company. T.S.-Unreimbursed business expenses. Write off a third or more of your income? Expect a ...

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... or more of your income? Expect a letter from the Internal Revenue Service. -Charitable giving. Moses asked for 10...

...for 10 percent of income. Give more, and the Internal Revenue Service will want proof. Ditto if you’ve...

...sales. Report the gross amount. The Internal Revenue Service will let you take a loss if you paid more. It...

Gambling On Profits - 11-1-2008

If you think Wall Street is the only place to invest your money, a former card counter (who wishes to remain anonymous) has one question: Wanna bet?

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...with the law (we paid taxes and received Internal Revenue Service 1099 forms). The investors viewed blackjack as a...

Perfectly Gifted - 11-15-2002

Its not just the thought that counts. Heres how to get corporate gifts right this year.

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...must be inexpensive. Twenty-five dollars is the Internal Revenue Service limit for tax deductions, and, says Zoller,...

Troubled Man - 6-15-2006

Twenty-five years ago, Marvin Gaye rebuilt his mind, body, and eventually his career in an unlikely place: a tiny town on the coast of Belgium. retraces Gaye’s steps to find out what was going on back then.

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...woes, highlighted by a losing battle with the Internal Revenue Service; a career that seemed to be in terminal decline;...

Hiding In Plain Sight - 11-1-2006

Stranger than Fictions Maggie Gyllenhaal was overwhelmed by New York at first. But when she found the little shops and cafs that led her into the world inside the city, that changed.

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...off her main character, a supposedly fictional Internal Revenue Service agent named Harold Crick (Will Ferrell). But...

Making a Change - 7-15-2009

The job’s got you down? Maybe it’s time for a new career.

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... quizzical, judgmental, exasperated way. “Ah, the Internal Revenue Service would not … no,” he says. I don’t ask for...

Money Talk - 2-1-2001

Q: I would like to give my children cash they can use in the future for college or some other large expense. I’d also like to give lump sums to my siblings. Are cash gifts tax-exempt? A: The IRS allows tax-free gift giving under cert...

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... my siblings. Are cash gifts tax-exempt? A: The Internal Revenue Service allows tax-free gift giving under certain...