What’s the point?
Author: LCarpenter
Definitions — Curtailing the number
Voluntary truncation hardly sounds like an enjoyable pastime. But cutting off part of taxpayer identification numbers may be a way to reduce identity theft.
Decisions — Form matters
Currently, the IRS website has about 900 forms that can be downloaded for filing purposes.
Decisions — Power
A recent Office of Chief Counsel memo says the instructions for Form 2848 are not paragons of clarity on some issues.
Definitions — Not so strictly confidential
You’ve probably heard the old joke about life’s two rules. The first one is to never give out all the information.
Decisions — The basis of the matter
Your basis in any partnership is the amount you have invested, and that’s especially true for tax law.
Decisions– Your estimate may vary
According to an old expression, the only difference between an estimate and a guesstimate is the confidence of the person providing the answer.
