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	<title>Tax  Lawyer&#039;s  Blog &#187; Tax Tips</title>
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		<item>
		<title>Compensation of S Corporation Shareholders</title>
		<link>http://www.pappasontaxes.com/index.php/2011/08/23/compensation-of-s-corporation-shareholders/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/08/23/compensation-of-s-corporation-shareholders/#comments</comments>
		<pubDate>Tue, 23 Aug 2011 13:07:50 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[S Corporations]]></category>
		<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[IRS procedure]]></category>
		<category><![CDATA[paul caron]]></category>
		<category><![CDATA[s corporation compensation]]></category>
		<category><![CDATA[s corporation dividends]]></category>
		<category><![CDATA[tony nitti]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=24979</guid>
		<description><![CDATA[Tony Nitti has published a great piece over at The Tax Adviser which explains the current state of affairs on the issue of compensation of S Corporation shareholders. Here is the Executive Summary, but read the whole thing. S corporation shareholders generally prefer dividend distributions of their S corporations’ profits over compensation payments from the [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/08/23/compensation-of-s-corporation-shareholders/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Tax Advice, Part Deutch</title>
		<link>http://www.pappasontaxes.com/index.php/2011/06/21/tax-advice-part-deutch/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/06/21/tax-advice-part-deutch/#comments</comments>
		<pubDate>Tue, 21 Jun 2011 13:45:30 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[irs settlement]]></category>
		<category><![CDATA[offer in compromise]]></category>
		<category><![CDATA[pennies on the dollar]]></category>
		<category><![CDATA[Roni Deutch]]></category>
		<category><![CDATA[russ fox]]></category>
		<category><![CDATA[tax resolution services]]></category>
		<category><![CDATA[tax scams]]></category>
		<category><![CDATA[tax settlement]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=22465</guid>
		<description><![CDATA[In the wake of the Roni Deutch tax resolution scam fiasco, here is some excellent advice from Russ Fox: As for the firms that still advertise and promise you that they’ll stop the IRS, and you will qualify to pay “pennies on the dollar,” remember that: Only about 15% of Offers in Compromise successfully make it [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/06/21/tax-advice-part-deutch/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tax No-Brainer of the Week: Don&#8217;t Have the IRS Prepare Your Tax Return</title>
		<link>http://www.pappasontaxes.com/index.php/2011/06/16/tax-no-brainer-of-the-week-never-have-the-irs-to-do-your-return/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/06/16/tax-no-brainer-of-the-week-never-have-the-irs-to-do-your-return/#comments</comments>
		<pubDate>Thu, 16 Jun 2011 14:11:13 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Individual Taxation]]></category>
		<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[irs conflict of interest]]></category>
		<category><![CDATA[tax help]]></category>
		<category><![CDATA[tax preparation]]></category>
		<category><![CDATA[tax return]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=22178</guid>
		<description><![CDATA[The IRS graciously gives taxpayers the following tips for how to choose a tax preparer: If you pay someone to prepare your tax return, the IRS urges you to choose that preparer wisely. Taxpayers are legally responsible for what’s on their tax return even if it is prepared by someone else. So, it is important to choose carefully [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/06/16/tax-no-brainer-of-the-week-never-have-the-irs-to-do-your-return/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Have Tax Problems? Buyer Beware.</title>
		<link>http://www.pappasontaxes.com/index.php/2011/06/06/have-tax-problems-buyer-beware/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/06/06/have-tax-problems-buyer-beware/#comments</comments>
		<pubDate>Mon, 06 Jun 2011 13:51:56 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Tax Collections]]></category>
		<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[irs problems]]></category>
		<category><![CDATA[J.K. Harris]]></category>
		<category><![CDATA[tax masters]]></category>
		<category><![CDATA[tax problems roni deutch]]></category>
		<category><![CDATA[tax relief]]></category>
		<category><![CDATA[tax scams]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=21891</guid>
		<description><![CDATA[Eva Rosenberg of SmartMoney has an excellent article today about why you should avoid tax relief firms like Roni Deutch, Tax Masters and J.K. Harris: Let’s look at recent court cases filed against television and radio advertisers, preying on your fears, your insecurities, and your tax terrors. All cases involve national tax resolution firms who have [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/06/06/have-tax-problems-buyer-beware/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>2010 Tax Changes</title>
		<link>http://www.pappasontaxes.com/index.php/2011/02/08/21147/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/02/08/21147/#comments</comments>
		<pubDate>Tue, 08 Feb 2011 14:31:10 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Individual Taxation]]></category>
		<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[2010 taxes]]></category>
		<category><![CDATA[april 15]]></category>
		<category><![CDATA[april 18]]></category>
		<category><![CDATA[laura sanders]]></category>
		<category><![CDATA[tax changes]]></category>
		<category><![CDATA[tax help]]></category>
		<category><![CDATA[tax preparation]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=21147</guid>
		<description><![CDATA[Laura Sanders of the Wall Street Journal gives a rundown of some of the important tax changes for 2010 in Taxes &#8211; April 18 (Yes, that&#8217;s right) Is Coming Up: Here are [some major] changes affecting 2010 returns. First-time homebuyer tax credit: There have been several versions of this credit, but most taxpayers who claimed it for [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/02/08/21147/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>My Facebook Tax Page</title>
		<link>http://www.pappasontaxes.com/index.php/2011/01/04/my-facebook-tax-page/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/01/04/my-facebook-tax-page/#comments</comments>
		<pubDate>Tue, 04 Jan 2011 13:52:41 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Facebook Tax Tip]]></category>
		<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[Taxes 101]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[tax blog]]></category>
		<category><![CDATA[tax strategies]]></category>
		<category><![CDATA[taxonomics]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=20894</guid>
		<description><![CDATA[I just published my new tax facebook page. It&#8217;s called Taxonomics and on it we will be discussing tax developments, tips and tax strategies to help folks get through tax season and beyond. Please visit and add to the discussion. Here&#8217;s the link: Bookmark &#038; Share:]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2011/01/04/my-facebook-tax-page/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Advice to Would-Be Schedule C Filers: &#8220;DON&#8217;T&#8221;</title>
		<link>http://www.pappasontaxes.com/index.php/2010/11/08/advise-to-would-be-schedule-c-filers-dont/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/11/08/advise-to-would-be-schedule-c-filers-dont/#comments</comments>
		<pubDate>Tue, 09 Nov 2010 02:44:09 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Business advice]]></category>
		<category><![CDATA[C Corporations]]></category>
		<category><![CDATA[S Corporations]]></category>
		<category><![CDATA[Self-Employed Taxpayers]]></category>
		<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[c corporation]]></category>
		<category><![CDATA[form of business]]></category>
		<category><![CDATA[IRS audit]]></category>
		<category><![CDATA[limited liability]]></category>
		<category><![CDATA[llc]]></category>
		<category><![CDATA[robert flach]]></category>
		<category><![CDATA[s corporation]]></category>
		<category><![CDATA[schedule c]]></category>
		<category><![CDATA[sole proprietorship]]></category>
		<category><![CDATA[tax audit]]></category>
		<category><![CDATA[wandering tax pro]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=19847</guid>
		<description><![CDATA[Robert Flach announces his publication of a new newsletter for sole proprietors and single-member schedule C filers entitled, aptly enough, The Schedule C Letter: THE SCHEDULE C LETTER is a bi-weekly newsletter that provides tax planning and preparation advice, information, and resources for sole proprietors and one-person LLCs who report their business activity on IRS Schedule C.¹ I have [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/11/08/advise-to-would-be-schedule-c-filers-dont/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Report Your Cash Receipts or Suffer the Consequences</title>
		<link>http://www.pappasontaxes.com/index.php/2010/09/10/report-your-cash-receipts-or-suffer-the-consequences/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/09/10/report-your-cash-receipts-or-suffer-the-consequences/#comments</comments>
		<pubDate>Fri, 10 Sep 2010 12:57:47 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Gross Income]]></category>
		<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[cash receipts]]></category>
		<category><![CDATA[due diligence]]></category>
		<category><![CDATA[fraudulent tax returns]]></category>
		<category><![CDATA[IRS crimes]]></category>
		<category><![CDATA[irs fraud]]></category>
		<category><![CDATA[selling a business]]></category>
		<category><![CDATA[Tax Crimes]]></category>
		<category><![CDATA[tax fraud]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=19329</guid>
		<description><![CDATA[Boy is this ever a serious problem. Joe Kristan has the story: Even when you get away with tax cheating for a long time, it can come back to bite you. If you are cheating in your business and your prospective buyer wants to see your tax returns, it can be awkward to explain that the [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/09/10/report-your-cash-receipts-or-suffer-the-consequences/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Taxpayer Identity Theft Cases Continue to Rise</title>
		<link>http://www.pappasontaxes.com/index.php/2010/09/03/taxpayer-identity-theft-cases-continue-to-rise/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/09/03/taxpayer-identity-theft-cases-continue-to-rise/#comments</comments>
		<pubDate>Fri, 03 Sep 2010 15:09:05 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[IRS procedure]]></category>
		<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[identity theft]]></category>
		<category><![CDATA[paul caron]]></category>
		<category><![CDATA[tax advice]]></category>
		<category><![CDATA[Taxpayer Advocate]]></category>
		<category><![CDATA[taxpayer identity theft]]></category>
		<category><![CDATA[TIGTA]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=19255</guid>
		<description><![CDATA[Paul Caron alerts us to a TIGTA report titled A Statistical Portrayal of the Taxpayer Advocate Service for Fiscal Years 2005 Through 2009 which states that taxpayer identity theft cases have increased nearly fivefold over the the last three years (emphasis is mine): Rising case receipts are presenting challenges for the Taxpayer Advocate Service (TAS) to timely resolve taxpayer problems. [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/09/03/taxpayer-identity-theft-cases-continue-to-rise/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Debt Cancellation and the 1099-C</title>
		<link>http://www.pappasontaxes.com/index.php/2010/09/03/debt-cancellation-and-the-1099-c/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/09/03/debt-cancellation-and-the-1099-c/#comments</comments>
		<pubDate>Fri, 03 Sep 2010 14:47:16 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Gross Income]]></category>
		<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[1099-c]]></category>
		<category><![CDATA[debt cancellation]]></category>
		<category><![CDATA[foreclosure tax]]></category>
		<category><![CDATA[joe kristan]]></category>
		<category><![CDATA[short sales]]></category>
		<category><![CDATA[tax advice]]></category>
		<category><![CDATA[tax court gaffney]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=19251</guid>
		<description><![CDATA[Joe Kristan tells of  a recent Tax Court case (Gaffney v. Commissioner; T.C. Summ. Op. 2010-128) where the Court properly held that a 1099-C alone is insufficient to establish the taxability of debt cancellation income: The Tax Court pointed out that the IRS needs more than just a 1099-C to assess debt cancellation income: In support of [the IRS's] assertion that the [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/09/03/debt-cancellation-and-the-1099-c/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What Plaintiff&#8217;s Lawyers Need to Know About Taxes</title>
		<link>http://www.pappasontaxes.com/index.php/2010/08/17/what-plaintiffs-lawyers-need-to-know-about-taxes/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/08/17/what-plaintiffs-lawyers-need-to-know-about-taxes/#comments</comments>
		<pubDate>Tue, 17 Aug 2010 22:36:51 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[dunmyer]]></category>
		<category><![CDATA[law.com]]></category>
		<category><![CDATA[origin of claim]]></category>
		<category><![CDATA[tax advice]]></category>
		<category><![CDATA[tax planning lawsuit]]></category>
		<category><![CDATA[tax structured settlement]]></category>
		<category><![CDATA[taxation of attorneys fees]]></category>
		<category><![CDATA[taxes for non tax lawyers]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=19083</guid>
		<description><![CDATA[Eric Dunmyer writing for Law.com says there are five things every plaintiff&#8217;s lawyer needs to know about taxes: While tax law may seem dull and irrelevant to most attorneys&#8217; day-to-day practice, in order to better serve their individual clients, plaintiffs attorneys should always keep the following five basic tax laws in mind, and advise their [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/08/17/what-plaintiffs-lawyers-need-to-know-about-taxes/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>More on Tax Treatment of BP Oil Spill Payments</title>
		<link>http://www.pappasontaxes.com/index.php/2010/07/03/more-on-tax-treatment-of-bp-oil-spill-payments/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/07/03/more-on-tax-treatment-of-bp-oil-spill-payments/#comments</comments>
		<pubDate>Sat, 03 Jul 2010 18:08:20 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[back pay]]></category>
		<category><![CDATA[bp payments tax]]></category>
		<category><![CDATA[compensatory damages]]></category>
		<category><![CDATA[kelly phillips erb]]></category>
		<category><![CDATA[tax treatment of back pay]]></category>
		<category><![CDATA[taxation of bp payments]]></category>
		<category><![CDATA[taxgirl]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=18184</guid>
		<description><![CDATA[Taxgirl Kelly Phillips Erb has been on top of the BP oil spill story like white on rice. Here&#8217;s her most recent post on the tax consequences to recipients of BP compensatory payments: Congressional leaders (while being slow to actually do anything about the spill) are taking their first steps towards economic relief for victims of [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/07/03/more-on-tax-treatment-of-bp-oil-spill-payments/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Tax Day Reminders</title>
		<link>http://www.pappasontaxes.com/index.php/2010/04/15/tax-day-reminders/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/04/15/tax-day-reminders/#comments</comments>
		<pubDate>Thu, 15 Apr 2010 13:44:48 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[april 15 checklist]]></category>
		<category><![CDATA[irs extension]]></category>
		<category><![CDATA[joe kristan]]></category>
		<category><![CDATA[tax advice]]></category>
		<category><![CDATA[tax checklist]]></category>
		<category><![CDATA[tax day]]></category>
		<category><![CDATA[tax preparation]]></category>
		<category><![CDATA[tax return]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=16106</guid>
		<description><![CDATA[Here&#8217;s a little list I put together to remind you of what needs to be done today: Make sure you understand every entry on your return before you sign it; Sign your return (both spouses must sign a joint return); Make sure your preparer has signed your return and your copy of the return; Retain the [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/04/15/tax-day-reminders/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IRS Targets Schedule C Filers</title>
		<link>http://www.pappasontaxes.com/index.php/2010/04/12/irs-targets-schedule-c-filers/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/04/12/irs-targets-schedule-c-filers/#comments</comments>
		<pubDate>Mon, 12 Apr 2010 22:20:39 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Self-Employed Taxpayers]]></category>
		<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[corporate form]]></category>
		<category><![CDATA[form of business]]></category>
		<category><![CDATA[incorporation]]></category>
		<category><![CDATA[IRS Audits]]></category>
		<category><![CDATA[irs red flags]]></category>
		<category><![CDATA[irs scrutiny]]></category>
		<category><![CDATA[llc]]></category>
		<category><![CDATA[s corporation]]></category>
		<category><![CDATA[schedule c]]></category>
		<category><![CDATA[schedule c taxes]]></category>
		<category><![CDATA[self employed]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=16008</guid>
		<description><![CDATA[We didn&#8217;t need it, but here is more evidence that self-employed individuals should incorporate or form an LLC. WebCPA reports that the IRS is intensifying it&#8217;s scrutiny of Schedule &#8220;C&#8221; filers (i.e. sole proprietorship): Estimates by the IRS show that $68 billion of the $345 billion tax gap in 2001 was due to the underreporting of income [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/04/12/irs-targets-schedule-c-filers/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>7 Tax Help Articles</title>
		<link>http://www.pappasontaxes.com/index.php/2010/02/15/10-tax-help-articles/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/02/15/10-tax-help-articles/#comments</comments>
		<pubDate>Mon, 15 Feb 2010 15:31:05 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Individual Taxation]]></category>
		<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[Taxes 101]]></category>
		<category><![CDATA[2009 tax returns]]></category>
		<category><![CDATA[tax advice]]></category>
		<category><![CDATA[tax preparation]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=14416</guid>
		<description><![CDATA[There have been many changes in the tax laws over the last year, but most of the tax code is the same. Here are 7 tax advice articles I wrote last year that apply equally to this year: 7 All Time Tax Concepts S Corporations Wages and Distributions: Basic Tax Planning Taxes 101: What Filing Status Should You Use? 5 [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/02/15/10-tax-help-articles/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>The 1099 Misc: Mary O&#8217;Keeffe Tells How to Report it Properly</title>
		<link>http://www.pappasontaxes.com/index.php/2010/02/12/the-1099-misc-mary-okeeffe-tells-how-to-report-it-properly/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/02/12/the-1099-misc-mary-okeeffe-tells-how-to-report-it-properly/#comments</comments>
		<pubDate>Fri, 12 Feb 2010 14:28:57 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[1099 misc]]></category>
		<category><![CDATA[bed buffaloes in your tax code]]></category>
		<category><![CDATA[line 21 other income]]></category>
		<category><![CDATA[mary okeeffe]]></category>
		<category><![CDATA[schedule c]]></category>
		<category><![CDATA[self employment income]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=14395</guid>
		<description><![CDATA[Tax Preparer and economist Mary O&#8217;Keeffe of Bed Buffaloes in Your Tax Code warns tax preparers about the dangers of failing to properly report income shown on Form 1099-Misc: Most 1099-MISC forms that we see at our VITA site are actually self-employment income that needs to be reported on Schedule C-EZ or Schedule C. The [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/02/12/the-1099-misc-mary-okeeffe-tells-how-to-report-it-properly/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>S Corporation Loss Basis Worksheets</title>
		<link>http://www.pappasontaxes.com/index.php/2010/02/02/s-corporation-loss-basis-worksheets/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/02/02/s-corporation-loss-basis-worksheets/#comments</comments>
		<pubDate>Tue, 02 Feb 2010 04:54:34 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Individual Taxation]]></category>
		<category><![CDATA[S Corporations]]></category>
		<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[at risk rules]]></category>
		<category><![CDATA[debt basis]]></category>
		<category><![CDATA[loss basis]]></category>
		<category><![CDATA[pass through losses]]></category>
		<category><![CDATA[s corporation basis]]></category>
		<category><![CDATA[s corporation losses]]></category>
		<category><![CDATA[stock basis]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=14101</guid>
		<description><![CDATA[Because of the prolonged recession we expect to see many businesses report losses from their 2009 operations. Losses from S Corporations are deductible on a taxpayer&#8217;s Form 1040 only to the extent of the shareholder&#8217;s stock plus debt basis. Tax preparers should maintain the following two worksheets (courtesy Small Business Taxes and Management) for each of their [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/02/02/s-corporation-loss-basis-worksheets/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Choosing a Tax Preparer, A Few Tips More</title>
		<link>http://www.pappasontaxes.com/index.php/2010/01/19/choosing-a-tax-preparer-a-few-tips-more/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/01/19/choosing-a-tax-preparer-a-few-tips-more/#comments</comments>
		<pubDate>Tue, 19 Jan 2010 13:53:37 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[attorney preparer]]></category>
		<category><![CDATA[cpa preparer]]></category>
		<category><![CDATA[enrolled agent]]></category>
		<category><![CDATA[how to choose a tax preparer]]></category>
		<category><![CDATA[kathy kristof]]></category>
		<category><![CDATA[tax preparers]]></category>
		<category><![CDATA[tax return preparation]]></category>
		<category><![CDATA[unenrolled preparer]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=13392</guid>
		<description><![CDATA[Kathy Kristof of Tribune Media Services offens advide on how to hire a tax preparer: Check credentials: There are four types of tax preparers — tax attorneys, CPAs, enrolled agents and preparers. The one designation that&#8217;s difficult to check is enrolled agents, who are licensed by the IRS. However, many join professional groups that have lists of [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/01/19/choosing-a-tax-preparer-a-few-tips-more/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tax Preparers, Assumptions &amp; Discount Parachutes</title>
		<link>http://www.pappasontaxes.com/index.php/2010/01/19/tax-preparers-assumptions-discount-parachutes/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/01/19/tax-preparers-assumptions-discount-parachutes/#comments</comments>
		<pubDate>Tue, 19 Jan 2010 04:05:46 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Individual Taxation]]></category>
		<category><![CDATA[Regulation of Tax Preparers]]></category>
		<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[choosing a tax preparer]]></category>
		<category><![CDATA[cpa tax preparer]]></category>
		<category><![CDATA[Enrolled Agents]]></category>
		<category><![CDATA[robert flach]]></category>
		<category><![CDATA[tax preparation]]></category>
		<category><![CDATA[tax preparer malpractice insurance]]></category>
		<category><![CDATA[tax preparer regulation]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=13371</guid>
		<description><![CDATA[Currently unenrolled, soon to be licensed (I ass-u-me), tax preparer Robert Flach in a blog post advising taxpayers on how to choose a tax preparer trots out this old saw:  When you assume you make an ass out of u and me. He offers two pieces of blanket advice: Don&#8217;t assume that because a person has the initials [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/01/19/tax-preparers-assumptions-discount-parachutes/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>W-2 and 1099 Pitfalls, Tips &amp; Deadlines</title>
		<link>http://www.pappasontaxes.com/index.php/2010/01/12/w-2-and-1099-pitfalls-tips-deadlines/</link>
		<comments>http://www.pappasontaxes.com/index.php/2010/01/12/w-2-and-1099-pitfalls-tips-deadlines/#comments</comments>
		<pubDate>Tue, 12 Jan 2010 16:13:09 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Employer Issues]]></category>
		<category><![CDATA[Payroll Taxes]]></category>
		<category><![CDATA[Tax Tips]]></category>
		<category><![CDATA[1099]]></category>
		<category><![CDATA[employment tax]]></category>
		<category><![CDATA[greatland]]></category>
		<category><![CDATA[individual tax]]></category>
		<category><![CDATA[information return filing deadline]]></category>
		<category><![CDATA[information returns]]></category>
		<category><![CDATA[payroll tax]]></category>
		<category><![CDATA[w-2]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=13053</guid>
		<description><![CDATA[The Sun-Herald.com reports that Greatland, one of the country&#8217;s leading providers of W-2 and 1099 products for business, has released its top W-2 and 1099 filing &#8220;pitfalls&#8221; to watch out for this tax season: Paper filing While many businesses are electing to e-file their W-2 and 1099 forms with the Social Security Administration (SSA) and / [...]]]></description>
		<wfw:commentRss>http://www.pappasontaxes.com/index.php/2010/01/12/w-2-and-1099-pitfalls-tips-deadlines/feed/</wfw:commentRss>
		<slash:comments>47</slash:comments>
		</item>
	</channel>
</rss>

