The adventures & musings of an Enrolled Agent representing clients in Tax Controversy cases at the Neighborhood Christian legal clinic - Low Income Taxpayer Clinic.

Indianapolis, Indiana

Reconstructing Tax Records After a Disaster

Reconstructing Tax Records After a Disaster

After a disaster, you might need to reconstruct records. This could help you prove your losses, which may be essential for tax purposes, getting federal assistance or insurance reimbursement. Here are several things you can do to help reconstruct or get copies of specific types of records after a disaster: Tax Return Transcripts You canRead more about Reconstructing Tax Records After a Disaster[…]

Automobile Tax Expenses

Automobile Tax Expenses

If you use a vehicle for conducting business, you can deduct certain automobile tax expenses from your tax bill. This is true even if you use the vehicle for personal and business needs. Automobile Tax Expenses The powers that be have historically written sections into the tax code promoting business activities. One of the traditionalRead more about Automobile Tax Expenses[…]

Tax Records – What You Should Keep And For How Long

Tax Records – What You Should Keep And For How Long

Many taxpayers are confused about how long they should keep tax records. The term “tax records” refers to your tax returns and the documents that support the information in the returns. These documents can include receipts, bank statements, 1099s, etc. If you are one of the unlucky few to be audited, these records will beRead more about Tax Records – What You Should Keep And For How Long[…]