Contents: Life Events

	Bob Parrish C PA. P.C. Return to the Main Table of Contents The outline will expand or collapse by clicking on any text that is not underlined
	Life Events News Briefings 2003 Tax Law Briefing Accident Address Change Adoption Aliens Aliens and U.S. Taxes Forms for Aliens Income Exclusions Non Resident Aliens - General Information Nonresident Alien treatment of income Residency - Status Rules Sourcing Income Tax Numbers Tax Forms Reserved Alimony Alimony Paid Alimony Received Alzheimer's Alzheimer's Predicted by Brain Scan Annuity - fixed Fact Finders For Planning Annuity - variable Fact Finders For Planning Asset Protection Fact Finders For Planning Asset Protection FL Bus. Jnl. Asset Protection - Trusts Trusts Asset Protection - Using Trusts Asset Protection - Trusts Trusts - Qualified Personal Residence Trusts & Their Uses Trust - Types of Trusts an Introduction Awards-Judgments, etc. Taxable - Warning! Awards & Settlements - IRS Whitepaper htm Awards & Settlements pdf Bad Debts Bad Debts Reserved Non-Business Rules Getting Organized: non-business MS Word to attach to return Bank Listing Bankruptcy Click Here for the Bankruptcy Main Topic Tax Letter 9/2000 Bankruptcy ~ Pre-petition Planning Bankruptcy ~ Planning For the Initial Attorney Conference Bankruptcy and Taxes Bankruptcy Tax Bulletin 01 9-1-2000 Bankruptcy Tax Crucial Dates Cash Flow Worksheet Debt - Reduction Techniques Debt - Your FICO Score and Credit Rating Family Monthly Budget ---- Banks - See Debt Became a Beneficiary of a Trust or Estate Became a partner Fact Finders For Planning Became s/h in an S Corporation Fact Finders For Planning Benefits Fact Finders For Planning Employee Benefits - Frequent Questions Birth of A Child Brackets for tax rates Budgets MONTHLY EXPENSE PLAN Business - buying a business Fact Finders For Planning Business - downsized business Business - downsized employer Fact Finders For Planning Business - local business trips, i.e. outside sales calls, etc. Business - net worth Business - selling a business Fact Finders For Planning Business - starting a new business Fact Finders For Planning Business - temporary or remote job sites Business - travel Business - travel for the business owner Business - travel for the employee Business - travel for the s/e Business - travel with the family on business Cars Buyer's checklist Maintenance Insurance Cancellation of Debt Cancellation of Debt Capital Gains See Also "Basis" IRS Challenge - Real Estate Capital Gains (Changes in 1997-1998) Capital Gains Capital Gains - Introduction Capital Gains - Real Property Like Kind Exchange aka �1031 Exchange Address Change Personal Residence - Sale, Plain English Proof of Cost Basis - Acquired by Gifts Basis - Recvd by Inheritance 2 Basis - Acquired by Inheritance Basis Acquired By Reacquisition Like Kind Exchange - aka �1031 Exchange Like Kind Exchange - aka �1031 Exchange Like Kind Exchange - aka �1031 Exchange Like Kind Exchange - aka �1031 Exchange Personal Residence Sales - Basis Personal Residence - Sale, Plain English Real Estate Binders Real Estate Closings - Exception to 1099-S Real Estate Sale Reporting - 1099S Residence Sale - Introduction Sales - Business Property Sales - How Much Is Taxable? Sales Organizer Sales - Installment Sales Organizer Sales - Property Given To You Sales - Residence Sale Organizer Sales - Residence IRS Pub 523 Sales - Like Kind Exchange Sales - Transferred Asset Organizer Car Expenses (See Also Car) Intro * Important Requirements Accountable Plans Accountable Plan Intro Accountable Plans The Accountable Plan Defenses Defenses - IRS Interpretation Buyer Guide Car Expenses Car Expenses - What Does IRS Require for Proof Car Expense Form Cars for Employees Automobile Mileage Logbook Car Exp MORE Warnings Car Expenses - Sampling Car Expenses Financial Risks of Disallowed Tax Deductions Business car, travel, meal and entertainment Daily car Log Exceptions to limits Expense and Miles Log Expense and Miles - IRS Style Expense Form Expense Sheet Summary Organizing Entertainment Records - Troublesome Albeit Crucial Reimbursing Employees Temporary Locations Travel Business with Personal Travel Meals Lodging Temporary Work Assignment Temporary Work Assignment � Fact Pattern for Determining Tax Home Temporary Work Assignment Fact Sheet (pdf) Travel Temporary job 1 Travel Temp Assignment 2 Travel Temp & Multi Office Weekly Travel Expense Weekly Travel Expense on Excel(c) Casualties & Thefts Change of Address Charitable Donations Charitable Trusts - Inadvertent "Abusive" Charitable Donations Property Contributed Private Foundations Property Contributed Raffle Tickets - For Charity Tax Deductions See the Trusts Section CRT's Children Birth of A Child Child Tax Credit Child Becoming Married Child Getting Divorced Dependent Care Credit Education - State Tuition Programs College College IRA - Pre-Retirement Drawing Compare 1040 2 Year Comparison Contracts What is A Contract or Agreement? Reserved Credits to Pay Your Tax Credits to Pay Your Tax For You Saver's Credit Cash or Accrual Tax Reporting? Charity Fact Finders For Planning Making Contributions Charitable Remainder Trust Charitable Lead Trust Child - day care Child - new birth Fact Finders For Planning Child - new grandchild Children - adoption Cohabitation Credit - see Debt Debt - also see loans Debt Table of Contents Loaning Money Lesson Loans - SAMPLE Documents Money You Loan To Your Corporation Mortgage Interest Mortgage Management Paydex and D&B Ratings Promissory Note with Security Agreement Organizer Promissory Note with Security Agreement Security Agreement Organizer Security Agreement Specific Guaranty Agreement Checklist Documents/Debt/promissory_note.DOC Promissory Note with Security Agreement Organizer Promissory Note with Security Agreement Dealing with Banks Improving Credit Ratings Loan applications Loan - making yourself look good Managing total Debt Managing monthly payments Depletion Marginal Wells Disability Disability - General Comments Dividend Income Dividend Income Introduction Divorce Divorce Divorce ~ QDRO Retirement Plans Due Dates Spot in construction Due Dates For Individuals Limit - 3 yrs Debt Cash Flow Worksheet Debt - Reduction Techniques Debt - Your FICO Score and Credit Rating Reserved Loans to others Loaning Money Lesson Death Catastrophic Death Deductions and Write-off's Deductions and Write-off's Tax Deductions - Protect Them Dependents Dependent Care - Introduction Dependent Care Credit Dependent - Citizenship Test Dependent Child Tax Credit Worksheet Credit Dependents - Claiming Flow Chart Worksheet Dependent - Claiming Presentation Dependents - Divorced Parents Dependents ~ Documents Proving Dependents-EIC-Filing Status ~ Protecting YOUR Position Earned Income Credit - IF IRS Questions You Dependents-EIC-Filing Status ~ Protecting YOUR Position Dependent Gross Income Test Household Help Tax Dependent - Joint Return Test Dependent - Member of Household or Relationship Test Dependents - Multiple Support Reserved Dependent - Passing On Dependent Rules for Claiming Dependents Support Test Support Test Chart TERRY U. NEAL, Petitioner v. COMMISSIONER OF INTERNAL REVENUE Worksheet For Support Reserved Dependent Test Report Organizers Organizer 1040 Additional Information Organizer 1040 Adoption Expenses Organizer 1040 Child Care Expenses- Credit Child Credit and Education Credit Dependent Care & Education Credit Organizer Organizer 1040 Dependents Organizer 1040 Education Exp Credits Organizer - Gift Tax Data Organizer 1040 Parent's Election to Report Child's Income 1040 Personal Data Dependents Dependents - Proving the Exemption Dependent Care - Introduction Dependents Fact Sheet Dependent Care Credit Dependent - Citizenship Test Dependent Child Tax Credit Worksheet Credit Dependents - Claiming Flow Chart Worksheet Dependent - Claiming Presentation Dependents - Divorced Parents Dependents ~ Documents Proving Dependents-EIC-Filing Status ~ Protecting YOUR Position Earned Income Credit - IF IRS Questions You Dependents-EIC-Filing Status ~ Protecting YOUR Position Dependents - Flow Chart Worksheet Dependent Gross Income Test Household Help Tax Dependent - Joint Return Test Dependent - Member of Household or Relationship Test Dependents - Multiple Support Dependent Multiple Support Issues pt2 Reserved Dependent - Passing On Dependents Printable Version Dependent Rules for Claiming Dependent - Member of Household or Relationship Test Dependents Support Test Dependent Test - Yes & No Flow Support Test Chart TERRY U. NEAL, Petitioner v. COMMISSIONER OF INTERNAL REVENUE Worksheet For Support Reserved Dependent Test Report Organizers Organizer 1040 Additional Information Organizer 1040 Adoption Expenses Organizer 1040 Child Care Expenses- Credit Child Credit and Education Credit Dependent Care & Education Credit Organizer Organizer 1040 Dependents Organizer 1040 Education Exp Credits Organizer - Gift Tax Data Organizer 1040 Parent's Election to Report Child's Income 1040 Personal Data Diets IRS News Release - Wt Loss Program Deductible Weight Loss Program May be Deductible Disability Divorce See also Marriage See also Marital Status Donations - see Charity Education - Costs & Expenses Education Credits Letters to my clients Credits: Letter to my clients Scholarships or Tuition Reduction Refer to Edu Assistance Education - 529 State Tuition Programs Education Credits Education Credits Non-dependents 529 Plan Summary College Tuition 529 Plans IRA - Pre-Retirement Drawing Tax Killers Focus Educ Loans Costs of edu. Tax Credits Intro Tax Credits Comments Reserved Tax Credits Tax Credits explained Tax Credits Table IRA's for educ. IRA's for educ - explained Cost Killers Focus IRA - Pre-Retirement Drawing Getting Organized - what to bring Getting Organized Organizer - Full Education - Learn here Education - Grammar Education Costs Letters to my clients Credits: Letter to my clients Scholarships or Tuition Reduction Refer to Edu Assistance Education - 529 State Tuition Programs IRA - Pre-Retirement Drawing College Tuition 529 Plans Tax Killers Focus Educ Loans Costs of edu. Tax Credits Intro Tax Credits Comments Reserved Tax Credits Tax Credits explained Tax Credits Table IRA's for educ. IRA's for educ - explained Cost Killers Focus Getting Organized - what to bring Getting Organized Organizer - Full Elderly Alzheimer's Predicted by Brain Scan Elders Credits for Age or Disability Medicaid Basics Social Security Taxable - Introduction Taxable - Commentary Electronic Filing Deadlines Employment Employee Business Deductions Entity - Form of Business Introduction - Business Forms Explained Business Forms FAQ Business Forms Compared Business Forms Tables Reserved Estimated Tax Payments Estimated Income Tax Tables 2001 Tax Act Requirements Computations Estimated Income Tax Category Tax Rate Tables Year 2000 (BEFORE Tax Act) Estimated Income Tax Category Apply Overdeposited Income Tax To Payroll Tax Payroll � 941 Taxes Estimated Tax Revisions During The Year Education - planning for college IRA - Pre-Retirement Drawing Employee IRA - Pre-Retirement Drawing Estate - preservatio of the estate Financed the sale yourself Financial Planning Fact Finders For Planning Fire Family Family Monthly Budget IRA - Pre-Retirement Drawing Filing Status Filing Status for Individuals Head of Household Filing Status Heads of Household Filing Status - Head of Household Filing Status - Surviving Spouse Graduation Graduation - College Generation - basic living needs planning Generation - education care planning Generation - generating wealth for the enxt generation Generation - generating wealth for the grandchildren Generation - health care planning Gift - made gifts to individuals Gift - received Gift - to charity Gift - transferring assets - to the next generation(s) Had an any time during the year a bank, checking, or savings account in any FDIC insured institution Health - Home Health Care Health - Insurance Medical Savings Accounts Medical Savings Account - Pro & Con Self-employed Health Insurance Medical Savings Accounts Self-employed Health Insurance Self-employed Health Insurance Medical Savings Accounts Intro Medical Savings Accounts Medical Savings Account Contribution Medical Savings Accounts - General Comments Health - Long Term Care Home - home equity loan Real Estate Mortgage Refinancing Mortgage Terms Mortgages - FHA Style Mortgages - Hidden Costs Mortgages FAQ Mortgages - Seller Cost Loan Limit Mortgage Points Worksheet Home Mortgage Points For Refinancing Real Estate Mortgage Refinancing Nehemiah Foundation and Home Buyers Real Estate - Seller Paid Closing Costs Real Estate Closings - Exception to 1099-S Home - improvement Home - mortgage Real Estate Mortgage Refinancing Mortgage Terms Mortgages - FHA Style Mortgages - Hidden Costs Mortgages FAQ Mortgages - Seller Cost Loan Limit Mortgage Points Worksheet Home Mortgage Points For Refinancing Nehemiah Foundation and Home Buyers Real Estate - Seller Paid Closing Costs Real Estate Closings - Exception to 1099-S Home - purchasing Buying the First Home Buying a New Home Homestead - Essentials for Protection Succession Planning For Personal Assets Real Estate Mortgage Refinancing Mortgage Terms Mortgages - FHA Style Mortgages - Hidden Costs Mortgages FAQ Mortgages - Seller Cost Loan Limit Nehemiah Foundation and Home Buyers Real Estate - Seller Paid Closing Costs Real Estate Closings - Exception to 1099-S Nehemiah Foundation and Home Buyers Home - refinance Real Estate Mortgage Refinancing Mortgage Terms Mortgages - FHA Style Mortgages - Hidden Costs Mortgages FAQ Mortgages - Seller Cost Loan Limit Mortgage Points Worksheet Home Mortgage Points For Refinancing Nehemiah Foundation and Home Buyers Real Estate - Seller Paid Closing Costs Real Estate Closings - Exception to 1099-S Home - selling Selling your Home Seller Paid Closing Costs Personal Residence - Sale, Plain English Residence Sale - Introduction Residence sale no tax Residence Sale - Technical Analysis Real Property Transactions - If You Receive a 1099-S Home - Transferring to Heirs Trusts - Qualified Personal Residence Trusts & Their Uses Reserved Reserved Homes Address Change Buying the First Home Buying a New Home Homestead - Essentials for Protection Succession Planning For Personal Assets Nehemiah Foundation and Home Buyers Personal Residence - Sale, Plain English Residence Sale - Introduction Residence sale no tax Residence Sale - Technical Analysis Real Property Transactions - If You Receive a 1099-S Selling your Home Trusts - Qualified Personal Residence Trusts & Their Uses Home Office or SOHO Letter to my clients Home Office Intro Tax Killers Focus Home Office Update Home Office Rules Forms & Checklists What I need for Home Office deductions Finding the Costs Home Office Deductions - Qualifications Spreadsheets, etc. Step 1 in your defense Home Office Home Office Home Office Deduction Home Office Expense Home Office Rules Home Office - Tax Computations Household Help Tax Interest Income Interest Income Introduction Insurance (also see Insurance) Life Insurance - General Comments Medical Savings Accounts Self-employed Health Insurance Self-employed health insurance Interest Expense Introduction Investment Interest Exp Mortgage Interest Interest Income Accrued int. on bonds Bonds sold between int. dates Education Savgs Bond Program Form 1099-INT Interest below normal Interest Income in general Reserved Tax FREE bonds Taxable Interest U.S. Savings Bonds U.S. Treasury Bills, T-Bills, etc. Investors IRA - Pre-Retirement Drawing Illness Inheritance Received Insurance - health Insurance - life Fact Finders For Planning Job - career planning Job - changing IRA - Pre-Retirement Drawing Moving Job - employee expenses Employee Business Deductions Job - expenses of job Employee Business Deductions Job - first job Job - fringe benefits Fact Finders For Planning Job - local travel Employee Business Deductions Job - multiple locations or travel Employee Business Deductions Job - overnight travel Employee Business Deductions Job - remote job sites or temporary locations Temporary Work Assignment Temporary Work Assignment � Fact Pattern for Determining Tax Home Temporary Work Assignment Fact Sheet (pdf) Job - salary change Jobs Employee Business Deductions First Job Tools Keogh Plans Keogh Contributions Lawsuit Fact Finders For Planning Loans - general Personal Financials Spreadsheets/PERBDGT.XLS Spreadsheets/PERFS.XLS Spreadsheets/PERSFS.XLS Personal Financials - from rtf format Personal Financials Personal Financials from Excel format Personal Financial - rtf format Loans - car Loans - life insurance Fact Finders For Planning Loans - student loans Long Term Care Medicaid Basics Leases - Equipment Leave or Absence Employee Leave - FMLA Marriage Divorce Divorce ~ QDRO Retirement Plans Getting Married Re-marriage Separation Misc Deductions Allowed Not Allowed Organizing Emp Pg Reserved Organizing Car Exp Organizing Misc Exp Medical Costs Medical & Dental Medical Deductions Medical Conference Costs Deductible Moving Expenses Intro Organizing Address Change Organizing Moving Expenses - Organizer Address Change Moving Expenses - Employer Issues from IRS Mutual Funds Buying or Selling Mutual Fd Shares - Working With The Selling Agent Distributions Mutual Fd - Avg Basis Election IRC 1012 Made gifts to any individual (not an organized charity) Marriage Divorce New Marriage Child's New Marriage Spouse Passing On Marital Status Changes Divorce Divorce ~ QDRO Retirement Plans Filing Status for Individuals Getting Married Head of Household Head of Household Filing Status Heads of Household Filing Status - Head of Household May I Claim Head of Household - what are the qualifications? Click here to display the printable version Decision Chart Filing Status for Individuals Filing Status Head of Household Filing Status Heads of Household Re-marriage Separation Surviving Spouse Money Management - closely held business Fact Finders For Planning Money Management - liquid investments Money Management - private placements Money Management - protect valuable assets Fact Finders For Planning Money Management - real estate investments Money Management - wealth Fact Finders For Planning Moving Moving Expenses Organizing Moving Expenses - Organizer Address Change Moving Expenses - Employer Issues from IRS Moving Expenses Moving Expenses Moving Expenses Qualifications Moving Expenses General Organizers Refer to TAX ORGANIZERS Parents Parents - Caring For Personal Budgets Amount Problems Cash Flow Timing Problems Debt Principal - Decreasing Debt Payments - Decreasing Earned Income Credits Education Credits Finding Hidden Assets Finding Hidden Cash Goals - Common Family Goals - Other Members Goals - Personal MONTHLY EXPENSE PLAN - Family Tax - Installment Agreements (open the Advocacy contents) Tax - Offer In Compromise (open the Advocacy Contents) Property & Sales Address Change Personal Residence - Sale, Plain English Proof of Cost Basis - Acquired by Gifts Basis - Recvd by Inheritance 2 Basis - Acquired by Inheritance Basis Acquired By Reacquisition Like Kind Exchange - aka �1031 Exchange Like Kind Exchange - aka �1031 Exchange Sales - Business Property Sales - How Much Is Taxable? Sales Organizer Sales - Installment Sales Organizer Sales - Residence Sale Organizer Sales - Residence IRS Pub 523 Sales - Like Kind Exchange Sales - Transferred Asset Organizer Paid House Payments during the year Paperwork - filing and document returntion Parents - caring for aging parents Passing on - loss of a loved one Bypass (Credit Shelter) Trusts Can Be A Disaster By (Cr Shelter) Trusts Can Be A Disaster PDF Passing on - planning to bypass probate Fact Finders For Planning Passing on - planning to pay estate tax Fact Finders For Planning Passing on - planning to reduce estate tax Fact Finders For Planning Bypass (Credit Shelter) Trusts Can Be A Disaster By (Cr Shelter) Trusts Can Be A Disaster PDF Passing on - Probate Planning Fact Finders For Planning Bypass (Credit Shelter) Trusts Can Be A Disaster By (Cr Shelter) Trusts Can Be A Disaster PDF Passing on - Wills Bypass (Credit Shelter) Trusts Can Be A Disaster By (Cr Shelter) Trusts Can Be A Disaster PDF Personal Injury Personal Net worth Fact Finders For Planning Prizes - winnings Fact Finders For Planning Purchased or sold any money market accounts or funds through a securities broker/dealer Purchased or sold any private placement security Purchased or sold any publicly traded partnership Purchased or sold bonds Purchased or sold mutual funds Purchased or sold stocks Real Estate Real Estate Binders Closings - nonresident aliens Closings - tax reporting Closings - Reporting Exceptions Like Kind Exchange - aka �1031 Exchange Like Kind Exchange - aka �1031 Exchange Property Sales - Like Kind Exchange Real Estate Recapture of Depreciation Real Estate - Rent Income Defined Real Estate - Renting to Family Members Residence sales Introduction Excluding gains Technical Analysis Affidavit avoids 1099-S Trusts - Qualified Personal Residence Trusts & Their Uses Records For A More Complete Listing See Records Records Retention - Disaster Mitigation Records - General Discussion (MS Word) Records Individuals Should Keep Records for All Money Received Advice to Advisers ~ Records for Deposits Records For Business Records - Troublesome Albeit Crucial Records Retention Records Retention Records Retention - ppt Records � Rention? (slides in your browser) Records Retention - Acrobat Reader Business Startup - Records Required Travel Deductions Recordkeeping Tax Records - General Comments Recordkeeping IRS Publication Tax Records- Basic Records to keep Records Individuals Should Keep Records Retention Refunds Limit - 3 yrs Re-marriage Relocation or Moving - career Relocation or Moving - CONUS Relocation or Moving - International Relocation or Moving - local Relocation or Moving - retirement Relocation or Moving - school Retirement - Fact Finders For Planning Retirement - living in retirement Also See - Individual Retirement Accounts IRA - Pre-Retirement Drawing Required Minimum Distributions Required Min Distr - IRA IRA & Annuity Preservation - Technical Documentation Take Control with IRA Preservation Planning IRA Preservation Planning (PowerPoint) IRA Preservation Planning (PowerPoint) IRA Required Minimum Distributions Other Rules on Minimum Distributions All about RMDs Calculating Your RMD IRD Distribution The Choice Is Yours IRA MRD Penalty Computation IRA Pub from IRS IRA - Transfer to VanKampen Merit Retirement - plans - premature distribution for IRA or 401K IRA - Pre-Retirement Drawing Retirement - plans - premature pension plan distribution Fact Finders For Planning Retirement Plans See the retirement plans section Tax Act 2001 Retirement Plan Contributions Preservation Planning "IRA Preservation Planning" Seminar IRA Preservation Planning (PowerPoint) IRA Preservation Fact Finder Security Identification Information Virus Protection Separation Settlements - awards judgments Settlements - awards - judgments Spouse Common Law Divorce Divorce Divorce ~ QDRO Retirement Plans Loss of Spouse Getting Married Newly Weds Re-marriage Separation Seller Financing 1040 Installment Sale Organizer Property Sales - Installment Sales Organizer Installment Sales Introduction Installment Sales for Dealers Sold any real estate Like Kind Exchange - aka �1031 Exchange Like Kind Exchange - aka �1031 Exchange Started receiving Social Security Storm Theft Transferred property or money to a Trust Weight Loss Programs IRS News Release - Wt Loss Program Deductible Weight Loss Program May be Deductible Withdrew money from an retirement or pension account Fact Finders For Planning Tools For the Job Transportation of tools Tax Brackets and Tax Rates 2003 Tax Law Briefing Estimated Income Tax Tables 2001 Tax Act Tax Rate Tables Year 2000 (BEFORE Tax Act) Travel Expenses (See Travel) Automobile Mileage Logbook Auto-Car Mileage Log - Daily Charts: Car Sample Expense Deductions How to Prove Local Transportation Records to keep Sample Records Records - Troublesome Albeit Crucial Travel Business with Personal Travel Companions Travel Deductions Travel - Email and Fax Qualify as Evidence Travel - Entertainment - Gifts Travel Records Lodging Business Trips - Per Diem Method Travel Reimbursement Form Travel Meals Lodging Travel Temporary job 1 Travel Temp Assignment 2 Travel Temp Assignment 3 Weekly Travel Expense Weekly Travel Expense on Excel(c) Weekly Travel & Reimbursement Form Truckers - Pilots - Mariners - Etc. Year-End ToDo 2000 Year End Tax Methods Year-End Planning For Businesses

Capital Gains - Introduction

Capital Gains - Real Property