Category Archives: Bookkeeping

401K Stocks

401K Stocks by Katie (PA) I cashed in about $1,000 worth of 401K stock last year. Do I have to claim this as income on my 2011 return?

Michigan Inheritance Law

Michigan Inheritance Law (Michigan) Hi, I am going to be bought out of my fathers estate (houses and property) this year and need to know if I will have to claim the money paid to me as income (taxable income on my tax return) for the tax year? I am unsure as I have some [...]

Tax Savings

Tax Savings by Gopal (Bangalore) My father father retired from job in 2007 and not haveing any source of income since 2007, I am sending all my income to my parents, so can I save tax in that,if yes what is the percentage? I also have pharmacy bills worth rupees 15,000.00, can I show them [...]

Head Of Household

Head Of Household by Anna (NC) My 65 year old brother is unable to work and lives with me. He brings in $776 a month in social security, receives $125 a month in food stamps and dips into a modest annuity to take out $5000 a year. We bought this house last year jointly. Can [...]

Income Tax Refund With Section 8 Housing

Income Tax Refund With Section 8 Housing Hi, I was wondering if I can recieve an income tax refund if I recieve section 8 housing without getting in trouble. I have a 1099 and want to file my income tax, but my refund will be about $4000.00. Will this affect my voucher?? I do not [...]

Am I Responsible

FREE Offers The Service Sellers Free Masters Course Paychex® makes it simple to submit & process your payroll. Free Offer!PrintPal offers free shipping on all US orders Great Buy 2, Get 1 Free Deals on Supplies at OfficeMax.com Exclusive Discounts

Reimbursement, Employee to Employer

Reimbursement, Employee to Employer by Rich (Egg Harbor Twp. NJ 08234) We bought cell phones for some of our Employees, to be used for both business and personal use. Employee is responsable for an agreed upon portion of the expenses. How do I track cell phone charges that are paid buy Employer(Co.) and than partially [...]

Social Security Income

FREE Offers The Service Sellers Free Masters Course Paychex® makes it simple to submit & process your payroll. Free Offer!PrintPal offers free shipping on all US orders Great Buy 2, Get 1 Free Deals on Supplies at OfficeMax.com Exclusive Discounts

How Much Can I Claim For Food

How Much Can I Claim For Food How much can I claim on my taxes for food per day, and for gas per week when i work away from home? I live in ontario canada

Family Trust Question

Family Trust Question My father passed away in 2010 leaving his house in a family trust with me as the trustee and whenever we are able to sell it my brother,sister and myself are equal beneficiaries. In aug 2011 the house suffered damage from a major flood and my brother put 2500 dollars in the [...]