12-23-09 03:29 PM - Post#94609    

Well it's that time again, when all good citizens make their annual donation to help run our country. For some, no big deal, for others; well that's where I come in. The "tax guy."

One thing that may be of ineterest, if you bought a "new" car this last year, that's a car where you are the first owner of it, you may have a tax benefit coming. If you do not itemize, you can still get an additional deduction to your standard deduction of the sales tax paid on the car.

Another item that comes up a lot, any 'gift' given to charities (Salvation Army, Church, etc) must have a paper trail to be allowed. That can be a canceled check, documented receipt from the recipient,etc. If there is no receipt and you are audited, it will be disallowed. Also, I've had questions about the dating of it. If a check is written and dated prior to Jan 1, 2010, it's good, no matter when the cancelation is. (If the check is written Dec 30 and canceled in August, that might be questioned, but if canceled in Jan, no problem.)

If you have any questions, let me know. Otherwise have a safe and happy holiday and may you and yours be blessed with good health and happiness in the new year!

Welcome to Tax Season 2010 - may there be peace in your life and not the IRS!!! Eskimo

01-05-10 12:09 PM - Post#94757    

    In response to Eskimo

Yes, actually, I have an ongoing issue with Illinois Department of Unemployment.

They think I owe them 3700 bucks, I think they owe me 4000.00 and I had exhausted the appeals process, so now I'm hoping they take me to court to collect.

Anyhow, last year, while still appealing, the state kept my 350.00 return to apply to what they say I owe them. They didn't touch my federal return.

THIS year, now, the appeals process is over. Do you think they'll try to take the rest of that 3700 from my Fed return, or can they not touch that?

I'm inclined to think they can't, since they didn't last year.

There he goes , one of God's own prototypes. A high powered mutant of some kind never even considered for mass production. Too weird to live and too rare to die. HipKat's Blog

01-06-10 10:24 PM - Post#94786    

    In response to HipKat

If they have "legally" established the debt in court, especially given the state of the state of Illinois' economy, I wouldn't hold my breath about seeing any refunds in the forseeable future.

Sorry.

Welcome to Tax Season 2010 - may there be peace in your life and not the IRS!!! Eskimo

01-07-10 09:03 AM - Post#94790    

    In response to Eskimo

Well, I know they'll take my IL returns, for sure. They did last year.
It's dipping into my federal that worries me.

There he goes , one of God's own prototypes. A high powered mutant of some kind never even considered for mass production. Too weird to live and too rare to die. HipKat's Blog