Posts Tagged ‘Greenville’

How to deal with a missing W-2.

  • David Greene
  • Comments Off on How to deal with a missing W-2.

You should have received your W-2 by January 31.  If you did not, you should take these steps: (1) Contact your former employer and verify whether your address is correct and request a resubmission of the W-2.  (2)  If not…

Are IRS interest and penalty charges ever forgiven?

  • David Greene
  • Comments Off on Are IRS interest and penalty charges ever forgiven?

Thank you for your question.  Many people who owe taxes more than five or six years old find that the interest and penalties are more than the original tax.  This is because penalties keep being added for several years.  In…

What does a Form 1099-C mean?

  • David Greene
  • Comments Off on What does a Form 1099-C mean?

When a taxpayer is unable to pay all of a debt and the creditor cancels the unpaid part, the amount of the canceled debt is generally treated as income to the taxpayer under federal tax law. Unfortunately, this is what…

Is refusing to file taxes a criminal offense?

  • David Greene
  • Comments Off on Is refusing to file taxes a criminal offense?

This is an area that the IRS pursues very vigorously, so there are more people than one might think who do this.  Here I’m talking about people who take the position that taxes are illegal and do not need to…

Happy New Year ( a few days late)

  • David Greene
  • Comments Off on Happy New Year ( a few days late)

I hope all of my readers had a very relaxing and joyous Christmas holiday and I hope you are looking forward to a New Year filled with hope and promise.  Of course, the way to make those hopes and resolutions…

When is a theft or bad debt loss not deductible?

  • David Greene
  • Comments Off on When is a theft or bad debt loss not deductible?

You can claim a theft loss as a deduction only if there is no chance of recovering any of the amount stolen.  Here the IRS is probably lookiong at the possibility that the owner will have to pay restitution as…

Can an employee still deduct unreimbursed business expenses?

  • David Greene
  • Comments Off on Can an employee still deduct unreimbursed business expenses?

Since the new tax law came into effect, employee itemized deductions for unreimbursed business expenses, including mileage, have been suspended.  However, self-employed individuals and certain employees (e.g. armed-forces reservists, certain state or local government officials, educators and performing artists) may…

Page 18of 40: 1 ... 16 17 18 19 20 ... 40

Office Location

11 McGee Street
Greenville, SC 29601

Phone: (864) 271-7940
Fax: (864) 370-3413
Toll Free: 1-800-216-1116