.

SmartMoney Blogs

The Tax Blog
The latest news, insights and tips about taxes

The IRS Might Eat Your Frequent-Flier Miles

    • This is why we need to take the current TAX Code and revamp it!!!!

    • Pardon my ignorance but how in the world are these miles taxable income? Cash and earned wages don’t expire like frequent flyer miles do. They can be inflated away pretty quickly by Ben Bernanke of course, but they don’t expire. As onerous (odious maybe?) as this would be it should only be taxable when redeemed if anything.

    • ConsumerTaxReports.Org has supplied individuals a one-stop place for researching tax debt assistance corporations, so that it is drastically easier to weed past the scammers of the industry and come across a trusted tax debt firm to help get an IRS resolution. Have a look at the web page here! http://www.ConsumerTaxReports.org The issue I preferred pertaining to the web page was indeed the in-depth checklist of the national corporations and testimonials, which in turn offer an view of each organizations “free consultation.”

    • btw, MarioP, in case Phil doesn’t answer, I have some ansrews for your questions to him:And are those who can’t get health insurance for their pre-existing condition or the ones that had their healthcare cut off due to high healthcare bills “undeserving and unwilling to work for it”?- Answer: MEDICAID. All 50 states have it and this person would qualify, if their income was “low” enough (e.g., in NY, $88,000 total household)What would you do if you had cancer and all of a sudden lost your job due to the poor economy, who would insure you then?- Answer: MEDICAID. I was an oncology nurse. I have seen this situation many, many times.What would you do if you had to fork out tens of thousands in medical bills to keep your wife in cancer therapy?- Answer: Hopefully you saved enough for that “rainy day” which costs the same as a new car. Otherwise, get a “paper divorce” and declare that you are not willing to pay for her cancer care. Then she will get MEDICAID. (I’ve seen that many times too, just ask any hospital social worker.)Have you not heard people having to sell their homes to pay for healthcare?- Answer: So what? Is your house more important than the family that lives in it? Owning a house is not so important in the scheme of life. Just be glad you even have a house to sell to help pay for healthcare for a loved one. Get your priorities straight!Where were those god fearing, charitable people to help them out?- Answer: PLENTY. Just ask any hospital social worker. They are a WEALTH of up-to-date information on getting financial and social assistance from foundations/charities set up by RICH PEOPLE TO HELP YOU IN YOUR TIME OF NEED.

    • I think when you make extra on a paycheque, the coemutpr figures out the tax rate as if you made that amount every week. I know we had issues with this when my husband used to work a lot of overtime. You’ll likely get some back next year at tax time.

    • By WebOsPublisher

      Iconset:humility-icons-merge icons. Download more than 150,000 icons in PNG or ICO format.
      Iconset:humility-icons-merge icons | Icon Search Engine | 2
      (function())();
      Search
      Browse
      Newest icon sets
      Popular icon sets
      Largest icon sets
      Tags
      Alphabetic list
      About
      About IconFinder
      API
      Labs
      Terms of service
      Help & Support
      Blog
      Submit icons
      Get early access to our marketplace
      Paginated
      Continuous
      Background color
      0 px12 px16 px24 px32 px48 px64 px128 px256 px512 px0 px12 px16 px24 px32 px48 px64 px128 px256 px512 px
      No license filtering
      Allowed for commercial use
      Allowed for commercial use (No link required)
      Icons 49 – 96 of about 141. Humility by Andy Fitzsimon License: GPL | (Read me) | 0 comments
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      INFO
      Please wait
      PNG
      ICO
      « Previous123Next »
      © Iconfinder 2012 – Free icons – Labs – Made in Copenhagen

    • By WebOsPublisher

      Cell Phone Icons. Related to Button,Call,Caller Screen,Camera,Camphone Phonecam,Cell,Cell Phone,Cellphone,Communicate,Communication. Affordable Royalty Free stock images and illustrations for just $0.70,or high resolution images at a 50% discount.
      Cellphone Icons Illustration
      WishBoxВ |SignUpВ |My AccountВ В 
      ImagesClip ArtSelectionsSavings Plans
      #I1222198: Illustration of Cellphone Icons
      — Cell Phone Icons
      Get a Free Greeting Card at CraftyGreet.com
      Creator: b79
      License: Royalty Free (RF)
      Print size: 12.7″ x 13.6″ at 300dpi
      Format:JPG, EPS (as a separate purchase option)
      Promote this imagePageURL
      Model Release: NO
      Size: 0.95 MB
      Size (w x h) in pixels
      Price
      750 x 800 (0.6MP)
      $0.80
      $0.80 under plan
      2437 x 2600 (6.3MP)
      $5.00
      $2.50 under plan
      2906 x 3100 (9.0MP)
      $6.00
      $3.00 under plan
      3810×4065 (15.5MP)
      $8.00
      $4.00 under plan
      vector format (EPS)
      $10.00
      $5.00 under plan
      Help with Purchase
      Continue to Browse
      Commercial Goods, Publications, Logo-Type, iPhone/iPod/iPad. Vector included.
      Cellphone Icons Illustrations
      WishBox: See All
      WishBox: Collapse
      Key Words
      Or Search By:
      Button
      Call
      Caller Screen
      Camera
      Camphone Phonecam
      Cell
      Cell Phone
      Cellphone
      Communicate
      Communication
      Communications
      Connect Connection Mobil Mobile Contact
      Contact
      Conversation Receive
      Dial
      Dialer
      Directory
      Electronics
      Game
      Hear
      Icon
      Incoming
      Interface
      Interference
      Message
      Mp3
      Music
      Phone
      Plastic
      Play
      Categories:Industry & Technology (68080) Communication (9800)
      Sign Up FREEContact How Do ITerms Of UsePrivacy PolicyRoyalty-Free Business Extension, Commercial GoodsBusiness Extension, PublicationsBusiness Extension, Logo-Type Purposes”Comp Usage” LicenseOpen Image Suite User LicenseDevelopers APIRSS: Recent ImagesRSS: Image by CategoryWeb Design
      2005-2012, FeaturePics and FeatureImage, Fremont, California. All rights reserved.
      //

    • Whenever you receive something as a bonus, whether it was a gift card from your employer to the frequent flyer miles from this article, the government believes you received value for it. Therefore, the amount of the “bonus” is income to you. They call this Imputed income. One of the best examples is for life insurance. Anything over a basic $50K policy is added to your taxable wages as Imputed income.

      If you have further questions, visit EasyWebTaxes.com.

Comments

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.
.