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Expert Profile: Glenn D Schnabel

Expertise:  I can answer most federal individual income tax questions. I can not provide legal advise.

Experience in the area
I have worked for a CPA firm for over 11 years. I have worked in private as well as government I have recently been running a tax preparation office, mainly focusing on individual income taxes

Organizations
I have been affiliated with managing condo associations and as a member of a coalition to educate condo owners as to their rights and responsibilities.

Education/Credentials
I have my B.S.B.A in Business Administration . Concentration in Accounting I have gone to yearly tax seminars and have tried to keep up with the evolving tax changes

Awards and Honors
Over my years I have received local awards for contributions to worthy organizations.

Past/Present Clients
This, of course remains confidential

Ask a Question       View Past Answers       View Ratings            
What do you still hope to achieve/learn in this field?  I still hope to learn what questions most concern taxpayers.
Something interesting about this subject that others may not know:  Did you know that Bush's refund from the Economic Stimulus Package is referred to as an Advance payment, but will not be used to reduce your 2009 refund according to the IRS wenbsite. Also note that a new administration will be in office by Jan 2009, just in time for the 2008 filing.
Average Ratings
Prestige Points: 5550
Knowledge   9.91   Best of the best
Clarity of Response   9.90   Best of the best
Timeliness   9.97   Best of the best
Politeness   9.98   Best of the best
Number Of Questions
(in Past 24 Hours)
0
Max Questions to be Asked
(in 24 Hour period)
5
Total Questions
(since joining AllExperts)
459
Recent Reviews from Users
KnowlClarityTimePolitenessDate
1010101009/06/08
1010101009/06/08
1010101009/07/08
1010101009/03/08
1010101009/03/08
User Comments
many thanks for such a prompt and timely reply
(Allan on 09/06/08)
thank you ....it will be tech work for ATM machines
(Audrey on 09/06/08)
Thank you for your answer. I have not been able to get a straight answer from the IRS representatives. With the growing popularity of LLC's, I know th
(Ameet A Punwani on 09/07/08)
Thank you Glenn for answering my question and the follow up question as well. Your answers were clear and understandable. I also liked the encourageme
(Robin on 09/03/08)
Glenn, I didn't mean to be sarcastic when I asked my question, but sorry if you believed I did so.
(Samuel on 09/03/08)
View All Comments
Ask a Question       View Past Answers       View Ratings            

Recent Answers from Glenn D Schnabel
2008-09-07  is my employer doing right William, Thank you for your question. 1)i just wonder if i am paying the total what or where is the .835 percent going is this legal ? You are telling me they are taking out 83.5% in taxes on...
2008-09-06  Health Insurance Premiums Don, Thank you for your question. 1)What is the guideline regarding deduction of health insurance premiums for self-employed individual? According to the IRS web site: ISSUES: 1....
2008-09-06  Burglary Restitution as deductable charitable donation Eghert, Thank you for your question. 1)Is this allowed or from a tax perspective should I consider this as an non-collectible loan? Since you are a cash basis taxpayer, you can take the deduction...
2008-09-06  Estate trust with rollover IRA Patricia, Thank you for your question. If the participant in the plan was born before Jan 2, 1936, then the distribution may qualify for 10 year averaging. This is reported on IRS form 4972 This...
2008-09-06  Transferring funds from the UK to the USA Allan, Thank you for your question. 1)Will I encounter any difficulties or particular tax liabilities if I do this?The amount I will be transferring would be about $150,000. I do not think so...
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