IRS loses $860K lawsuit against an individual who tripped on a phone cord during an audit. The individual needed medical care but didn’t need the other $10M lawsuit.
Medical devices tax and Investment income tax
State Tax News:
Amazon to begin collecting Use Tax on February 1, 2014.
Papa Murphy and the sales tax prepared food definition request for the streamlined sales tax initiative
Carefree, Arizona implements use tax
The main topic is the Kiddie Tax
Five things for considering the Kiddie Tax
- Amount of non-earned income earned by your child
- Age of your Child
- Standard Deduction is different for a dependent who has income
- Amount of the tax
- A child under the age of 18 can’t sign the tax. Which parent is going to sign the return.
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