Couple Finds the Purrrfect Tax Deduction
A couple operating a family business known as Columbia North East Used Parts, a junkyard, deducted the cost of cat food for a bunch of stray cats as an ordinary and necessary business expense. The junkyard would feed the cats to control the rats and snakes and other rodent issues. The IRS disallowed the deduction […]
Creator of “Fitwall†Can’t Use His Product to Scale the Fence in Prison
Douglas Brendle, of Cheyenne, WY, pled guilty in federal court on two counts of willfully failing to file his income tax returns and one count of making a fraudulent application for health care benefits. Brendle was the owner and operator of Brendle Climbing Systems, LLC which sold the “Fitwall†exercise equipment he created. In January, […]
Your IRS Questions Answered Here…
Question: I was self-employed and haven’t been able to pay my taxes for 3 years. Now I’m a W-2 employee but I’m getting letters from the IRS demanding payment and threatening to garnish my paycheck. What should I do? Answer:  The IRS doesn’t like being ignored and they want you to know they won’t go […]