by Monika Hengesbach | Jul 4, 2024 | Uncategorized
WATCH WHAT YOU POST Sydney Chaney Thomas is a persistent blogger, with blogs going back to January 2014. You can find recipes, stories about living in San Francisco, CA, meditations, and her “ethical and sustainable sailing apparel brand” at sidneychaneythomas.com....
by Monika Hengesbach | Jul 4, 2024 | Uncategorized
Paving the Way for Equality in Tax Law In 1968, Charles Moritz, a never-married man, found himself in a perplexing situation. He sought a tax deduction under Section 214 for the salary of a caregiver he hired to care for his mother. However, the Internal Revenue...
by Monika Hengesbach | Jul 4, 2024 | Uncategorized
FYI, "the IRS loves auditing the prior year so they can open the current year if they find something." I was engaged by a new client to represent him in an IRS audit for 2019. FYI, the IRS loves auditing the prior year so they can open the current year if they find...
by Monika Hengesbach | Jul 4, 2024 | Uncategorized
"It is very common to hear people say they hate going to the dentist...I hate going to the dentist." When I was 18, I was referred by my dentist to see an oral surgeon because I needed to have all four of my wisdom teeth pulled. Since all four teeth were impacted, I...
by Monika Hengesbach | Jul 4, 2024 | Uncategorized
I remember when my daughter was young, and she wanted to do EVERYTHING. Every type of sport, dance, camp; we did it. She had a blast! My wallet, not so much. It only took one year of spending this kind of money when I realized I could take advantage of a great tax...
by Monika Hengesbach | Jul 4, 2024 | Uncategorized
What is an Accountable Plan? Per the Internal Revenue Service, an accountable plan “allows an employer to reimburse employees on a non-taxable basis when certain requirements are met.” Those requirements, discussed in more detail, are business connection,...