From the Archives

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Top 5 Blog Posts of 2015

By | December 31st, 2015|Categories: From the Archives|

Image courtesy of user gr8effect on Pixabay.com Here's a look back at the top-5 blog posts, based on page views, on my blog in 2015. This year's most-popular posts were mostly the same as last year: #5: Having a Side Business in Multi-Level Marketing Doesn't Make Personal Expenses Deductible This post came it at [...]

From the Archives: Taxation of Emotional Distress Payments

By | December 29th, 2015|Categories: From the Archives|Tags: , |

Taxation of emotional distress payments can be tricky. In general, the settlement money is taxable ... but not always.

From the Archives: Does the 5th Amendment Protect You During an Audit?

By | December 25th, 2015|Categories: From the Archives|Tags: , |

Does the 5th Amendment Protect You During an Audit? In one word: NO.

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From the Archives: Taxpayer Identity Theft, Part 2

By | December 23rd, 2015|Categories: From the Archives|Tags: , |

PROGRAMMING NOTE: Over the next two weeks, I’ll be re-posting popular blog posts from the past. New material will resume on Monday, January 4th. In 2012 and 2013, I chronicled one taxpayer's identity theft nightmare as she and I tried to get the IRS to resolve her case. That finally happened ... 850 days after it [...]

From the Archives: Insolvency and Canceled Debt: Make Sure You Can Prove It!

By | December 21st, 2015|Categories: From the Archives|Tags: , , |

Canceled debt is generally taxable, but not if you're insolvent.