Taxable Income Archives - Page 14 of 19 - FREE Yourself from IRS Problems

Shamsey Oloko March 10, 2016 Audit, Business Expense, Business Expenses, Deductions, Employment Taxes, Expenses Deductions, FICA, Income Tax, Independent Contractor, New York Income Tax, News, Representation, Taxable Income 0

Uber drivers – employees or independent contractors? (What’s the significance anyway?)

By now everyone is familiar with Uber. And in case you’re not, Uber is an online taxi dispatch company that uses its own mobile app that allows its customers to submit a trip request on their smartphones for drivers who then…

Shamsey Oloko March 1, 2016 Debt Cancellation, Debt Forgiveness, Income, News, Taxable Income 0

Marvel Entertainment And Cancellation Of Indebtedness Income

Issue Under the tax code, when cancellation of indebtedness income excluded from gross income results in a reduction of combined net operating losses, and a business entity can carry forward this reduction to offset income in following tax years, must…

Shamsey Oloko February 29, 2016 Civil Liabilities, Civil Penalties, Filing Status, Income, Tax Treaty, Taxable Income 0

Top Tax Cases Of 2015: Bhutta v. IRS – Treaties And How They Affect Income Of Foreign Nationals

Issue How can treaties between the United States and other countries affect the income of foreign nationals in the United States? Facts Bhutta, a citizen of Pakistan and a foreign medical school graduate, entered the United States in 2009 to…