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Showing results 1 to 7 of 7 Search took 0.00 seconds. Search: Posts Made By: Adam

Forum: Basketball Tue Feb 09, 2016, 09:42pm

Replies: 35 Tax Season Views: 3,592 Posted By Adam Let me know what she says. I'm curious. Let me know what she says. I'm curious.

Forum: Basketball Tue Feb 09, 2016, 01:00pm

Replies: 35 Tax Season Views: 3,592 Posted By Adam I think the difference is whether you're going to... I think the difference is whether you're going to a regular office, or whether you're going to other locations. A realtor is a good example. They don't get to deduct mileage to the office, but...

Forum: Basketball Tue Feb 09, 2016, 11:12am

Replies: 35 Tax Season Views: 3,592 Posted By Adam Not the advice I got from a tax pro. Commuting... Not the advice I got from a tax pro. Commuting to work from home is not deductible for W2 employees. No one I know of is W2 for officiating. Independent contractors (what we do) are different,...

Forum: Basketball Sat Feb 06, 2016, 03:17pm

Replies: 35 Tax Season Views: 3,592 Posted By Adam So make a profit, even minimal profit, at least 3... So make a profit, even minimal profit, at least 3 out of 5 years. Should be pretty easy to control your deductions to make that happen. Note: consult a tax advisor before taking Adam's tax advice.

Forum: Basketball Sat Feb 06, 2016, 02:05pm

Replies: 35 Tax Season Views: 3,592 Posted By Adam My lay understanding is that it takes a few years... My lay understanding is that it takes a few years of losses before the IRS would change it to a hobby.

Forum: Basketball Sat Feb 06, 2016, 01:38pm

Replies: 35 Tax Season Views: 3,592 Posted By Adam I'm no accountant, but I'd note that not every... I'm no accountant, but I'd note that not every game fits that example. Rarely do we drive that far for that little without a mileage stipend to help. A couple of games a year, I may "lose" money.

Forum: Basketball Sat Feb 06, 2016, 10:05am

Replies: 35 Tax Season Views: 3,592 Posted By Adam Everything should be reported. Checks ... Everything should be reported. Checks Refpay Cash Payments in kind All of it, regardless of amount. Any 1099s you receive should be extraneous information.

Showing results 1 to 7 of 7

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