Gilbert Talks Taxes
...---... This show explores various topics surrounding finances and taxes. ...---... _____________________________________________________________________________________________________________________ Our host, Gilbert Carmona, is an enrolled agent with the IRS and has 20+ years experience dealing with taxes and accounting for businesses, individuals, and estates.
Listen on:
Episodes
Saturday Feb 01, 2014
Saturday Feb 01, 2014
The purpose of the program is Educational; it isn't a commercial for Gilbert's business, but he does want to help. Please consult a professional if have a tax issue. There are lots of tax credits/ exemptions available- Look for legal ways to reduce your tax burden. Gilbert makes sure we know that "Unemployment is taxable and is not earned income."
Saturday Jan 25, 2014
Saturday Jan 25, 2014
If you receive a letter from any taxing agency, please call if you have questions. About issuing a 1099 for contract labor: if in doubt, send one out. Have them fill out a W9 before you pay them. If you get a CP2000, that is a serious letter. Gilbert answers other questions from listeners, as he realizes that half an hour really is not long enough!
Saturday Jan 18, 2014
Saturday Jan 18, 2014
Gilbert wants to be clear: this program is NOT about tax avoidance. He also offers clarification on "Larry" from last week. If you get a letter from the IRS, seek professional advice before you call them. Social security income is taxable and garnishable. Any 1099 you get is also reported to the IRS.
Saturday Jan 11, 2014
Saturday Jan 11, 2014
SOS... Gilbert can help! Federal taxes mainly affect income. Congress encourages/discourages actions by taxes/deductions. North Carolina recently passed the Tax Simplification & Reduction Act, to be effective for tax year 2014. Exemptions and deductions are changing. Gilbert discusses social security income and tax implications. The most important message: Please consult a tax professional with ANY letter you receive from a taxation agency.