Can you explain the part in red?
I don't think you will need to do any averaging. Your company should be able to tell you the total of what you were paid in per diem. You need...
While company paid per diem is often done on a per mile basis, per diem is actually a daily rate and has nothing to do with mileage. It sounds...
Nope. That is not my contention at all. My point is simple. Words have meanings. Arbitrarily re-defining the meaning of words causes problems...
He made the following claim in his first post on this topic: It is a claim that is clearly erroneous. It is factually incorrect. He has been...
And you fail again. You were challenged to tell us exactly what items on Schedule A are debts. And you have failed to do so. Care to actually...
You have NO IDEA what you are talking about, and you couldn't be more wrong. Deductions are expenses and are income statement items. Debts are...
Oh, this is rich. Please enlighten us all and tell us, specifically, what items on Schedule A are debts. Anxiously awaiting your response. . .
Roadmedic addressed it as well, but this is incorrect. Form 2106 is unreimburesed employee expenses. It is included on Schedule A, itemized...
The point is, if you don't have enough deductions to allow you to itemize, you won't be able to take per diem.
Flask, Do you itemize, or do you take the standard deduction?
Submission of the log satisfies your record keeping requirement. If they don't want to accept it, the burden is on them to show why it won't be...
Receipt of the check, assuming that there are no restrictions on it, is when you earn the money (for a cash basis taxpayer). It is earned when...
Take a look at my user name. That is what's called a "clue." I actually do know more than a little bit about this stuff. Employee vs....
The IRS doesn't care at all if a "tax professional" said it was OK. The only thing they care about is the facts and circumstances surrounding...
I didn't say that you were doing anything illegal. It would depend on the facts and circumstances of your particular situation as to whether you...
The only way to do a last minute payment and avoid an underpayment penalty is if the last minute payment is through withholding (not estimated...
A very common misconception that people have is if they are audited, and the IRS doesn't say anything about a particular issue, that the IRS has...
More incorrect information. It is not up to an individual or the company owner. You can't just decide that someone is an employee or an IC. If...
This is simply untrue, and by stating such nonsense, you demonstrate your ignorance. If someone is incorrectly classified as an IC, and they...
