Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

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Archive for April 13th, 2007

Making your own money

Posted by taxguru on April 13, 2007

Generator Blog had a link to this site, where you can create your own personalized US one and ten dollar bills.

It took me less than a minute to make these:

One Dollar Bill

Ten Dollar Bill

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Posted by taxguru on April 13, 2007

Some day, IRS just may have to adapt to the new fangled definitions of marriage that many people are trying to force onto society.

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Sales of Small Corp Stock

Posted by taxguru on April 13, 2007

After linking to this article a few days ago on the ways to reduce taxes on the sale of a small corporation under Sections 1045 and 1202, I was curious to see how well these topics were covered in my main reference sources.

TheTaxBook has good coverage of these on Page 18–9  

QuickFinders online has them covered in their Small Business and Tax Planning For Small Business Handbooks.

Tax Coach Software doesn’t appear to have any coverage of these.  I will be writing to the authors to ask them to consider adding it to their growing list of tax planning modules.

 

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Check that you’re using the proper filing status…

Posted by taxguru on April 13, 2007

When you’re married, IRS doesn’t consider either spouse to be a Head of Household.

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If Ozzy Osbourne were audited by IRS…

Posted by taxguru on April 13, 2007

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