by admin | Aug 7, 2015 | Uncategorized
These being the times they are, you may be tapped for loans by relatives or friends who are unable to come up with the down payment for a home or who wants to start a business or keep it afloat. What if a loan goes sour, as so often happens? The tax rules on...
by admin | Aug 6, 2015 | Uncategorized
Generally, clothing costs aren’t allowable as “ordinary and necessary” business expenses. They’re nondeductible personal expenses. The IRS prohibits write-offs for clothing that’s adaptable to general wear off the job. It makes no difference that your work...
by admin | Aug 5, 2015 | Uncategorized
Lu Gauthier has given me permission to publish his email blasts. This one is particularly important. Many business owners are not aware of how many vendors they need to be sendng 1099s to. The stakes just got higher. On 06/29/15, the President signed the Trade...
by admin | Aug 4, 2015 | Uncategorized
Julian Block has agreed to help me in my effort to become the Tom Sawyer of blogging. Ordinarily, deductible business expenses include payments to settle disputes, whether the payments are made to satisfy judgments or as out-of-court settlements. But the IRS is clear...
by admin | Jul 15, 2015 | Kent Hovind, Uncategorized
This is a supplement to Jonathan Schwartz Finishes His Account Of Kent Hovind’s Trial. Chronology of orders to the defendants Below is a timeline of the events mentioned in the closing and throughout the March 2015 trial. It specifies dates and details...
by admin | Jul 15, 2015 | Kent Hovind, Uncategorized
This is the final installment of Jonathan Schwartz’a coverage of the March trial of Kent Hovind and Paul Hansen on fraud, conspiracy and contempt charges. This post is supplemented by a timeline that is posted separately. Federal Prosecutor Tiffany Hope...
