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| Expert | Average Ratings | Expertise |
|---|---|---|
OWEN S. ARNOFF, EAU.S.
Available
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As an Enrolled Agent, I am fully capable of providing tax advice as it relates to personal and business income taxes. Enrolled Agents are the only Federally licensed tax practitioners and are admitted to practice before all administrative functions of the IRS. My specialty is working with small business owners who file Schedule "C" and helping them to structure their business in such a way as to maximize as many tax advantages as possible. I also enjoy working with individuals who have both routine as well as complex tax situations. Members of the National Association of Enrolled Agents must complete a minimum of 90 hours of Continuing Professional Education in Taxation every three years. This puts us at a tremendous advantage when it comes to providing outstanding and up-to-date tax planning and advice. Although I am licensed to handle and do, in fact, work with Non-Profit Organization compliance (Form 990 series), Trust/Fiduciary Returns, and Estate & Gift Tax Returns, I prefer to concentrate on individuals and small business tax planning. | |
Mike WellmanU.S.
Available
|
I was a former Manager with Price Waterhouse, now PricewaterhouseCoopers, the largest accounting firm in the world. I have had clients in almost every industry and of every size. I will only answer questions dealing with IRS problems such as delinquent tax returns, Offers in Compromise (Tax Settlement), IRS collection matters including installment agreements, liens, levies, seizures, audits, appeals, innocent spouse claims and injured spouse claims. All others will be rejected as "outside my expertise". Visit http://www.irsos.com for information on IRS problems. | |
David McKeeganU.S.
Available
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I can answer any question about tax prep and tax planning about US taxes for americans living abroad. | |
Richard StolpU.S.
Available
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My expertise is in collecting past due taxes and tax returns. Wage and bank levies, liens, Offer in Compromise, late filing. I spoke with over 20,000 people concerning their issues while I worked at the IRS (just retired). |
Tires would be considered normal repairs and maintenance and would thus be expensed directly on Schedule C, assuming you are using the actual expense method rather than the standard mileage deduction.
Leonard - The short answer is "no" it doesn't make complete sense, unless they are really working for you. You put "employ" in quotes, which leads me to believe that they would not really be employees
Lawrence - You are correct that the maximum is $13,000 to each. But that is the limit for each individual to another individual. If each of your in-laws give $13,000, that would actually be $26,000 to
Susan - You can't do this on your own. This venue doesn't allow for a complete explanation that will make you 100% compliant. In a nutshell, you need to capitalize all the items that were included as
Susan - When you say "took over" what do you mean by that? Did you purchase the business? If so, what was included in the purchase? Furniture, fixtures, equipment? Goodwill? Answers to these questions

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