The kid said he had no choice but to sell, in order to avoid a stiff tax based on potential income from the sale of the ball. Why can't he just keep the ball and declare nothing. It seems unfair and unfounded for the IRS to assume the value of a tangible asset - [...]
Entries Categorized as 'irs'
Why can the IRS tax the kid who caught Bonds’ 756th home run ball? Couldn’t he sell it to a friend for $5?
June 9, 2009
I called the automated number for the IRS to check the status of my Stimulus rebate?
June 6, 2009
The automated system couldn't give me any information. According to my SS#, I should get my direct deposit on May 9th. Has anyone else had this issue?
If you have a IRS tax debt what is the most Percentage they can garnish from your paycheck?
June 5, 2009
If you have a IRS tax debt what is the most Percentage they can garnish from your paycheck
How do I select a IRS tax problem help cpa ?
June 1, 2009
What steps do I take to find an irs representative to help me with my delinquent tax problems of late filing and paying.
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