tag:blogger.com,1999:blog-5818111637898313184.post8976753627463884462..comments2024-03-28T15:22:58.406-07:00Comments on Kissack Adventures: SHOULD HAVE STAYED IN BED!!!Nancy Kissackhttp://www.blogger.com/profile/03225296192386107554noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-5818111637898313184.post-91491976482684013642016-04-18T07:40:25.323-07:002016-04-18T07:40:25.323-07:00Unfortunately, it doesn't matter which tax acc...Unfortunately, it doesn't matter which tax accountant you get, you still have to pay the tax upon sale of the property. The only way around would be to live in the rental for a year or maybe two, then sell it. I wish that had been an option for me. I could have saved a bundle!!Nancy Kissackhttps://www.blogger.com/profile/03225296192386107554noreply@blogger.comtag:blogger.com,1999:blog-5818111637898313184.post-39068573140801346762016-04-17T16:59:14.322-07:002016-04-17T16:59:14.322-07:00Sounds like you need a better tax accountant does...Sounds like you need a better tax accountant doesn't sound like you were probably advised for the following year <br />If all your ducks are lined up for 2016 you should really know what you're going to pay out into taxes for 2016 Unless you get a large Wynfall or you have a large lossMister edhttps://www.blogger.com/profile/00293854096422236002noreply@blogger.comtag:blogger.com,1999:blog-5818111637898313184.post-66213641534542616112016-04-17T16:36:32.677-07:002016-04-17T16:36:32.677-07:00 I would love to see that the statue where that st... I would love to see that the statue where that states that you have to pay. On all before the 15th My company accountant CPA would like to dispute your claim IRS state you have until midnight the 18th which means United States post office stamp Mark and or a E electronic ticket<br /> Reason for the extended days are the holiday in Washington <br /> Which is fortunate to give other people three more daysMister edhttps://www.blogger.com/profile/00293854096422236002noreply@blogger.comtag:blogger.com,1999:blog-5818111637898313184.post-74209028028723175972016-04-17T06:41:47.531-07:002016-04-17T06:41:47.531-07:00Awww that is VERY nice of you to offer, but you sh...Awww that is VERY nice of you to offer, but you should take that out and celebrate like you're 21!! If it was part of mine, I'd feel better that it went to a good cause!!Nancy Kissackhttps://www.blogger.com/profile/03225296192386107554noreply@blogger.comtag:blogger.com,1999:blog-5818111637898313184.post-55758258226152322042016-04-17T06:40:09.561-07:002016-04-17T06:40:09.561-07:00I don't write many checks either. They will p...I don't write many checks either. They will probably disappear from the face of the earth in another couple of years. My problem is having four bank accounts!!! Nancy Kissackhttps://www.blogger.com/profile/03225296192386107554noreply@blogger.comtag:blogger.com,1999:blog-5818111637898313184.post-43945153556646329622016-04-17T06:36:44.762-07:002016-04-17T06:36:44.762-07:00My condolences Jim that you have to do tax work .....My condolences Jim that you have to do tax work .... I hate it more than anything in the world! And I'm sorry you have to work on Saturday!! Only by luck did I mail my checks on Friday (I didn't know that little known fact). I bet they get a LOT of penalties and interest on THAT one!!Nancy Kissackhttps://www.blogger.com/profile/03225296192386107554noreply@blogger.comtag:blogger.com,1999:blog-5818111637898313184.post-41230631676864163432016-04-17T06:30:55.804-07:002016-04-17T06:30:55.804-07:00Exactly!!! All those years of planning on paying ...Exactly!!! All those years of planning on paying off MY mortgage went up in smoke!!Nancy Kissackhttps://www.blogger.com/profile/03225296192386107554noreply@blogger.comtag:blogger.com,1999:blog-5818111637898313184.post-29281497542867537602016-04-17T06:30:13.918-07:002016-04-17T06:30:13.918-07:00It's pretty ugly, to say the least. Ask an ac...It's pretty ugly, to say the least. Ask an accountant how it works. I was pretty shocked to see how much it came out to.Nancy Kissackhttps://www.blogger.com/profile/03225296192386107554noreply@blogger.comtag:blogger.com,1999:blog-5818111637898313184.post-16318797934565163492016-04-16T18:41:06.944-07:002016-04-16T18:41:06.944-07:00Sorry to hear about your pligh I think the IRS se...Sorry to hear about your pligh I think the IRS sent me $155 of that from your portion I haven't cashed the check as yet if you want I'll email it to you if it'll cheer you upMister edhttps://www.blogger.com/profile/00293854096422236002noreply@blogger.comtag:blogger.com,1999:blog-5818111637898313184.post-53208687304069660092016-04-16T10:47:37.131-07:002016-04-16T10:47:37.131-07:00That is why we kept the condo, which once was a re...That is why we kept the condo, which once was a rental. After we live in it as a primary residence for a few years, we don't need to worry about the depreciation. Also, condo is a bit upside down so no use in trying to sell it anyway.<br /><br />I paid our quarterly the other day...wrote out four checks back in March and attached to four envelopes. THANK GOODNESS I looked at the check, had not written out the "hundreds" part on all four of them. I only write four checks per year, and one would think I could get them right...Dave Burdick (GoingRvWay.com)https://www.blogger.com/profile/10706797381982584920noreply@blogger.comtag:blogger.com,1999:blog-5818111637898313184.post-35446868038537430512016-04-16T09:11:45.042-07:002016-04-16T09:11:45.042-07:00Nancy, I didn't get to read yesterday's po...Nancy, I didn't get to read yesterday's post. I was working on people's taxes. Here is the scoop on the April 18th date. Sometime ago Washington DC passed a law to officially celebrate Emancipation Day on April 16th, the anniversary of Lincoln's Emancipation Declaration on April 16, 1862. It is a work holiday in DC, which of course is where the IRS is. The law states that if April 16th falls on a Saturday, employees must have a holiday on the Friday before. IRS rules say that if any due date falls on a weekend or holiday that the due date is the next workday. Monday April 18th. This happened a few years back which is when I researched it. So the deadline is April 18th except in Massachusetts and Maine. They celebrate Patriots' Day on the Monday after April 15th to commemorate the battles of Lexington and Concord, that began the Revolutionary War. So people with an address in Mass or Maine have until the 19th. By the way, you have until April 18th to file the tax return. You do not have until April 18th to put the check in the mail box. The IRS considers it your responsibility to get them your money on or before the due date. They reserve the right to charge you interest and penalties for checks arriving after the 18th. Even most tax preparers don't know that one. Oh and this tax office is open on Saturday, this week anyways. Now back to taxes. Jim MAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5818111637898313184.post-1003185282765395582016-04-16T08:40:39.063-07:002016-04-16T08:40:39.063-07:00Feel your pain. We just went through the same thi...Feel your pain. We just went through the same thing with a rental. I think I was in a state of shock and tears when we left accountant.Debbiehttps://www.blogger.com/profile/17880864192271598040noreply@blogger.comtag:blogger.com,1999:blog-5818111637898313184.post-2137783824504926512016-04-16T08:00:08.498-07:002016-04-16T08:00:08.498-07:00That tax is so wrong. We have a rental,didn't ...That tax is so wrong. We have a rental,didn't know about that.On the highwayhttps://www.blogger.com/profile/17309423329487152446noreply@blogger.com