Maugno M.
1099 Contractors refuse to provide SSN,TIN. Should i send anyway?
15 January 2020 | 24 replies
My question is... should I still send in the 1099's writing "refused"under ssn or would that put me more in jeopardy of getting an IRS audit? or
Stacey Mollinet
How to stop getting calls about selling my properties?
16 July 2021 | 20 replies
We find your information on the auditor's website and skip trace you.
Petur Karlsson
Real Estate Professional Tax Status - Help!
8 January 2022 | 20 replies
So if you are planning to claim that, I would certainly create and document more that the minimum required hours..the more hours you spend the better it is in case an auditor throws out some of the hours in examination.
Gordon Starr
Should I hire my own kids to work for me?
22 December 2020 | 34 replies
An auditor may impose penalties for not having everything set up and reported perfectly, but I'm not seeing where you'd actually owe any additional taxes, particularly if you have your business reported on your personal return rather than via a separately reported entity.It's not the way I would recommend you set it up, but the total tax paid still comes out the same, so may work out in the long run.
Ray Slack
Advantages of being a "real estate Professional" for tax purposes Vs disadvantages
28 June 2023 | 11 replies
The auditor does not know what he is talking about.