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Subject Author Date
1099-MISC techjohnny@gmail.com 06-20-2008
---> Re: 1099-MISC Arthur Kamlet06-20-2008
| `--> Re: 1099-MISC Harlan Lunsford06-24-2008
---> Re: 1099-MISC removeps-groups...06-23-2008
| ---> Re: 1099-MISC techjohnny@gmai...06-24-2008
| `--> Re: 1099-MISC Harlan Lunsford06-24-2008
---> Re: 1099-MISC techjohnny@gmai...06-25-2008
| |--> Re: 1099-MISC removeps-groups...06-25-2008
|--> Re: 1099-MISC removeps-groups...06-26-2008
|--> Re: 1099-MISC techjohnny@gmai...06-26-2008
---> Re: 1099-MISC removeps-groups...06-27-2008
| ---> Re: 1099-MISC Harlan Lunsford06-27-2008
| ---> Re: 1099-MISC techjohnny@gmai...06-27-2008
| | ---> Re: 1099-MISC removeps-groups...06-27-2008
| | `--> Re: 1099-MISC Harlan Lunsford06-27-2008
| `--> Re: 1099-MISC removeps-groups...06-27-2008
---> Re: 1099-MISC Stuart Bronstei...06-27-2008
`--> Re: 1099-MISC Harlan Lunsford06-27-2008
Posted by removeps-groups@yahoo.com on June 27, 2008, 4:04 pm
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 wrote:

> Can't I just start sending payments of say $180/mnt without filling
> out the Installment plan and having to pay the $53 for the direct
> debit? Don't they accept money orders?

How much penalty did they charge you on your notice? If you pay late,
the penalty is 5% a month up to a maximum of 25%. If you're on an
installment program, the penalty is 0.25% a month up to a maximum of
25%. So if you've already been charged 25% penalty, then setting an
an installment plan does not make much sense.

--
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<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
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Posted by Harlan Lunsford on June 27, 2008, 5:20 pm
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 removeps-groups@yahoo.com wrote:
> wrote:
>
>> Can't I just start sending payments of say $180/mnt without filling
>> out the Installment plan and having to pay the $53 for the direct
>> debit? Don't they accept money orders?
>
> How much penalty did they charge you on your notice? If you pay late,
> the penalty is 5% a month up to a maximum of 25%. If you're on an
> installment program, the penalty is 0.25% a month up to a maximum of
> 25%. So if you've already been charged 25% penalty, then setting an
> an installment plan does not make much sense.
>
YOu might want to re read the OP in which he said IRS billed him the
added tax plus interest but with no penalties. Quite generous of them,
don't you think?
'
And yes, Johnny, start sending them 180 per month without the
installment agreement. They'll take it and then send you another bill
30 days later. Again send them money, and if they don't like it,
they'll contact you further.

ChEAr$,
Harlan Lunsford, EA n LA

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by removeps-groups@yahoo.com on June 27, 2008, 3:34 pm
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> Ah but remember that to deduct mileage, one must be traveling away from
> principal place of business. Given the facts in this case, that
> he ".. basically went to the business and helped them with their
> computers,..."
> This means principal place of activity was at that one and ONLY
> customer's site and not at his home, office or no.
>
> Travel is non deductible.

A good point, but think of a plumber who goes to a person's home/
business to help them with fix their toilets. The miles the plumber
drives are deductible. Their principle place of business might be
their home or downtown office where they perform set up appointments,
perform invoicing, etc. So travel to each client site is deductible.
If the OP had such a setup, maybe he should be able to deduct miles
too.

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by Stuart Bronstein on June 27, 2008, 4:24 pm
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> A good point, but think of a plumber who goes to a person's home/
> business to help them with fix their toilets. The miles the
> plumber drives are deductible. Their principle place of business
> might be their home or downtown office where they perform set up
> appointments, perform invoicing, etc. So travel to each client
> site is deductible. If the OP had such a setup, maybe he should be
> able to deduct miles too.

So it would seem. But under the Supreme Court's reasoning, it's not a
home office unless the taxpayer actually earns money by the work done
in that office. Mere administration of his business is not enough.

On the other hand it might qualify as a home office on the basis that
the plumber stores goods that he sells there.

Stu

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by Dick Adams on June 28, 2008, 7:54 pm
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>> A good point, but think of a plumber who goes to a person's home/
>> business to help them with fix their toilets. The miles the
>> plumber drives are deductible. Their principle place of business
>> might be their home or downtown office where they perform set up
>> appointments, perform invoicing, etc. So travel to each client
>> site is deductible. If the OP had such a setup, maybe he should be
>> able to deduct miles too.

> So it would seem. But under the Supreme Court's reasoning,
> it's not a home office unless the taxpayer actually earns
> money by the work done in that office. Mere administration
> of his business is not enough.
>
> On the other hand it might qualify as a home office on the
> basis that the plumber stores goods that he sells there.

It is not that he sells them. It is that the plumber bills
the client for them as part of a repair bill and, thus,
they are allowed to be inventoried on a cash basis. When
the buyer gets to pick and choose, inventoried on an accrual
basis.

If the client comes to your home to buy goods or you ship
goods from your office, you probably have a home office.

Dick

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>


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