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Glenn T Thornburg CPA News

Tax and Accounting Thoughts from Glenn

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Glenn T Thornburg CPA News | glennthornburgcpa.blogspot.com Reviews
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Tax and Accounting Thoughts from Glenn
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Glenn T Thornburg CPA News | glennthornburgcpa.blogspot.com Reviews

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Tax and Accounting Thoughts from Glenn

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Glenn T Thornburg CPA News: Watch Dog Warnings!

http://glennthornburgcpa.blogspot.com/2010/12/watch-dog-warnings.html

Glenn T Thornburg CPA News. Tax and Accounting Thoughts from Glenn. Friday, December 17, 2010. IRS “Watch Dog” Warnings - 2010. If you can’t prove it, they will disallow it. Receipts, plus proof that it was paid in the form of checks or credit card statements. Proof of the total mileage you drove your car, plus a log or a day timer. You must have Form 1098 showing mortgage interest. Mortgages are limited to one million dollars on all mortgages combined. Schedule C and Self Employment:. If it does not sme...

2

Glenn T Thornburg CPA News: Memory Jogger - Rental Homes

http://glennthornburgcpa.blogspot.com/2010/12/memory-jogger-rental-homes.html

Glenn T Thornburg CPA News. Tax and Accounting Thoughts from Glenn. Friday, December 17, 2010. Memory Jogger - Rental Homes. Rental Property and Investment Property Owners. Report all Rents Received -. If you use a. Rental agency, bring all Income and Expense. Mileage To and From. One trip per year. Legal and Professional Fees. If you have a separate account. The Building or Structure. The fair market value of the property less the value of the land. (See Below to be depreciated). Corporation Returns Fil...

3

Glenn T Thornburg CPA News: Memory Jogger - A Checklist

http://glennthornburgcpa.blogspot.com/2010/12/memory-jogger-checklist.html

Glenn T Thornburg CPA News. Tax and Accounting Thoughts from Glenn. Friday, December 17, 2010. Memory Jogger - A Checklist. Memory Jogger And Tax Return Checklist. Glenn T. Thornburg CPA, P.C. 8211; List all Income. From all employers including any that were corrected (W2C). Disbursements from IRA’s, Roll over of an IRA, 401K, 403-B, Roth IRA Disbursements and Roth Conversions. Also certain Death Benefits from a deceased relative. Dividends even when the dividends are reinvested. Forgiveness of Debt (For...

4

Glenn T Thornburg CPA News: December 2010

http://glennthornburgcpa.blogspot.com/2010_12_01_archive.html

Glenn T Thornburg CPA News. Tax and Accounting Thoughts from Glenn. Friday, December 17, 2010. Memory Jogger - Business Owner and the Self Employed. Business Owners and the Self-Employed. Report All Self-Employment and Business Income. 8211; this amount should equal or exceed all 1099 – Miscellaneous issued. All Transportation including: Airplanes, Trains, Taxi, Bus. Meals (Limited to 50%). Entertainment (Limited to 50%). You must choose the Mileage Method. Or Actual Expenses Method. 8211; For 2011 -.

5

Glenn T Thornburg CPA News: Memory Jogger - Business Owner and the Self Employed

http://glennthornburgcpa.blogspot.com/2010/12/memory-jogger-business-owner-and-self.html

Glenn T Thornburg CPA News. Tax and Accounting Thoughts from Glenn. Friday, December 17, 2010. Memory Jogger - Business Owner and the Self Employed. Business Owners and the Self-Employed. Report All Self-Employment and Business Income. 8211; this amount should equal or exceed all 1099 – Miscellaneous issued. All Transportation including: Airplanes, Trains, Taxi, Bus. Meals (Limited to 50%). Entertainment (Limited to 50%). You must choose the Mileage Method. Or Actual Expenses Method. 8211; For 2011 -.

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Glenn T Thornburg CPA News. Tax and Accounting Thoughts from Glenn. Friday, December 17, 2010. Memory Jogger - Business Owner and the Self Employed. Business Owners and the Self-Employed. Report All Self-Employment and Business Income. 8211; this amount should equal or exceed all 1099 – Miscellaneous issued. All Transportation including: Airplanes, Trains, Taxi, Bus. Meals (Limited to 50%). Entertainment (Limited to 50%). You must choose the Mileage Method. Or Actual Expenses Method. 8211; For 2011 -.

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