Monthly Archives: March 2011

Charitable Donations – Non Cash – what are they worth?

Did  you donate any non-cash items? Name and address of organization.  Date(s) of donation(s). If multiple dates to same charity, you can just say “various”. General description of what was donated, (clothing, household, furniture, etc). Thrift shop value of donation.   … Continue reading

Posted in General, Income Tax | 179 Comments

IRPAC – when did this start?

IRPAC (Information Reporting Program Advisory Committee) was established in 1991 as a result of an administrative recommendation contained in the final conference report for the Omnibus Budget Reconciliation Act of 1989.  The recommendation suggested that the IRS consider “the creation … Continue reading

Posted in General, Income Tax, International Taxation, LLC's, Newsletter Topics, Payroll Tax, Retirement Accounts, Sub S Corporations | 1,435 Comments