[pianotech] Tax Question maybe OT

Matthew Todd toddpianoworks at att.net
Sat May 29 21:26:35 MDT 2010


And one more thing...and yes, it IS related to piano technology.
 
Do we all send our federal tax and self-employment tax all to the same place on one check??  I have been doing that, but then I got to thinking, what if I haven't been paying in my SS.


TODD PIANO WORKS 
Matthew Todd, Piano Technician 
(979) 248-9578
http://www.toddpianoworks.com

--- On Sat, 5/29/10, Al Guecia/AlliedPianoCraft <AlliedPianoCraft at hotmail.com> wrote:


From: Al Guecia/AlliedPianoCraft <AlliedPianoCraft at hotmail.com>
Subject: Re: [pianotech] Tax Question maybe OT
To: pianotech at ptg.org
Date: Saturday, May 29, 2010, 6:53 PM



Paul Milesi, RPT, J.D. (Juris Doctorem) wrote:
"it really comes down to our own integrity and ethics when deciding what’s honest and truthful.  As you probably know, some citizen filers, accountants and tax lawyers will “stretch” certain parameters a little more than others"
 
I understand. Like the AGI, Haliburton and Goldman Sachs lawyers do. Oh yes, we can't do any of that.
 
After we pay all the taxes we owe (and I do pay every penny that should be paid), I think I'll set up a fund and contribute to help the big financials pay theirs. That sounds like the right thing to do.
 
I know from all the technicians I talk to, that we are among the most honest group of Americans who do pay their taxes. I think you're preaching to the choir here Paul.
 
Al - 
High Point, NC
 
 
 


From: Paul Milesi, RPT 
Sent: Saturday, May 29, 2010 12:08 PM
To: PTG Pianotech List 
Subject: Re: [pianotech] Tax Question

Matthew,

The IRS may not have spy cams, but our tax laws do require that we file honest and truthful tax returns.  Otherwise, you may be accused of fraud.  To encourage compliance, the IRS performs various kinds of audits, which sometimes means calling us in to their offices and asking us to justify or prove the deductions we claim on a return.  Be prepared to do that to their satisfaction, or have your deduction denied.

Lots of times, it really comes down to our own integrity and ethics when deciding what’s honest and truthful.  As you probably know, some citizen filers, accountants and tax lawyers will “stretch” certain parameters a little more than others.  Determine your own tolerance for risk.  :)

BTW, I have a law degree from Georgetown, am an inactive member of the Pennsylvania Bar, and have never practiced law.  The above is not intended as legal advice or counsel!

Paul Milesi, RPT, J.D. (Juris Doctorem)
Washington, DC
(202) 667-3136
E-mail:  paul at pmpiano.com
Website:  http://www.pmpiano.com




From: Matthew Todd <toddpianoworks at att.net>
Reply-To: <pianotech at ptg.org>
Date: Sat, 29 May 2010 06:37:27 -0700 (PDT)
To: <pianotech at ptg.org>
Subject: Re: [pianotech] Tax Question

Wim,
 
You make it sound like the IRS has spy cams installed in our homes watching our every move!

TODD PIANO WORKS 
Matthew Todd, Piano Technician 
(979) 248-9578
http://www.toddpianoworks.com <http://www.toddpianoworks.com/> 


--- On Fri, 5/28/10, tnrwim at aol.com <tnrwim at aol.com> wrote:


From: tnrwim at aol.com <tnrwim at aol.com>
Subject: Re: [pianotech] Tax Question
To: pianotech at ptg.org
Date: Friday, May 28, 2010, 6:16 PM



By watching instructional DVD's :-)

If the only thing you use the TV for is to watch those tapes, then, yes, the TV can be taken off as a "tool". But if you use it to watch a ball game, or your favorite soap, then you can only deduct that percentage of time you watch the DVD. Kind of like your car. I figure that 80% of my time I drive my car is for business purposes. The other 20% is for personal use. 
 
Wim 


-----Original Message-----
From: Matthew Todd <toddpianoworks at att.net>
To: pianotech <pianotech at ptg.org>
Sent: Fri, May 28, 2010 2:57 am
Subject: Re: [pianotech] Tax Question

By watching instructional DVD's :-)

TODD PIANO WORKS 
Matthew Todd, Piano Technician 
(979) 248-9578
http://www.toddpianoworks.com <http://www.toddpianoworks.com/> 


--- On Fri, 5/28/10, Wim Blees <tnrwim at aol.com <http://us.mc838.mail.yahoo.com/mc/compose?to=tnrwim@aol.com> > wrote:


From: Wim Blees <tnrwim at aol.com <http://us.mc838.mail.yahoo.com/mc/compose?to=tnrwim@aol.com> >
Subject: Re: [pianotech] Tax Question
To: pianotech at ptg.org <http://us.mc838.mail.yahoo.com/mc/compose?to=pianotech@ptg.org> 
Date: Friday, May 28, 2010, 1:18 AM

How are you using a tv in your field?

Wim

Sent from my HTC PURE™, a Windows® phone from AT&T



From: Matthew Todd <toddpianoworks at att.net <http://us.mc838.mail.yahoo.com/mc/compose?to=toddpianoworks@att.net> >
Sent: Thursday, May 27, 2010 2:33 PM
To: pianotech at ptg.org <http://us.mc838.mail.yahoo.com/mc/compose?to=pianotech@ptg.org> 
Subject: [pianotech] Tax Question

Are we able to deduct TV purchases?  As long, of course, I use it solely for purposes related to our field?

TODD PIANO WORKS
Matthew Todd, Piano Technician 
(979) 248-9578
http://www.toddpianoworks.com <http://www.toddpianoworks.com/> 

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