Tax - Your Tax Matters Partner

For Joint Filing Status You Have To File

by admin | Sep 23, 2014 | Tax

Originally published on Forbes.com Sept 23rd, 2014 Something that many people do not understand is that filing a joint income tax return with your spouse is an election. You don’t have to do it. Of course, probably more often than not, it will cost a couple to...

CEO At Climate March Calls For Carbon Tax

by admin | Sep 21, 2014 | Tax

Originally published on Forbes.com. The Peoples Climate March made for quite a weekend. Saturday evening I was at a rooftop party, where somebody from the Union of Concerned Scientists was chiding me about the amount of climate change denial on forbes.com. Who...

Computer Game Pioneer Trip Hawkins May Escape Tax Debt

by admin | Sep 19, 2014 | Tax

Originally published on Forbes.com Sept 19th, 2014 William H. Hawkins or, as he is better known,”Trip Hawkins” had some good news from the Ninth Circuit this week.] A bankruptcy court had ruled that ]Trip’s “profligate lifestyle” after...

Professional C Corp Denied Deduction For Uncashed Salary Check To Owner

by admin | Sep 18, 2014 | Tax

Originally published on Forbes.com Sept 18th, 2014 You can get yourself in a lot of trouble writing a check without the funds to cover it. But if you write the check to yourself and never cash it what’s the harm? And who’s going to know? Robert F. Vanney...

Need To Show Rental Effort To Deduct Expenses

by admin | Sep 17, 2014 | Tax

Originally published on Forbes.com Sept 17th, 2014 The Eighth Circuit decision in Donald and Arvilla Meinhardt’s appeal of a Tax Court decision has a very important lesson. I think the way I would put it is “If at first and second and third you don’t...

Montana Catches Non-filer With Property Tax Break

by admin | Sep 16, 2014 | Tax

Originally published on Forbes.com Sept 16th, 2014 There is a story that you might hear from spiritual teachers or motivational speakers about how to catch a monkey. Something attractive is put in a tight space into which a hand can be inserted, but from which a...