Are You Properly Deducting Your Expenses, Your Honor?

Tax Law
tax deductions

Are You Properly Deducting Your Expenses, Your Honor?   By Derek W. Kaczmarek, J.D., LL.M.   As a general principle, employees may only deduct expenses as itemized deductions on Schedule A (“unreimbursed employee expenses”). This treatment causes several disadvantages. A more advantageous deduction occurs “above-the-line” which is not generally available to employees. Above-the-line deductions reduce…

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Going, Going, Guam!

Tax Law
Arizona Tax Lawyer - DWK Tax Law

by: Giselle C. Alexander, J.D., LL.M., C.P.A. For nearly two decades taxpayers owed a tax refund from the government of Guam faced uncertainty as to the timing of their refund. While some taxpayers received an effortless prompt refund, other taxpayers faced years-long periods of waiting and pleading before receiving their refunds. In April 2011, frustrated…

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New Law Allows I.R.S. To Suspend U.S. Citizens’ Passports

Tax Law
Arizona Tax Law Attorney - DWK Tax Law

by: Derek W. Kaczmarek, J.D., LL.M. and Giselle C. Alexander, J.D., LL.M., C.P.A. As part of last December’s transportation bill, Congress passed a new weapon in the I.R.S.’s collection arsenal – the authority to revoke or deny passports “in case of certain tax delinquencies”. Taxpayers with upcoming international trips should ensure federal income taxes have…

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