Jim Payne's Tax Blog in Gainesville, FL

One of the more confusing issues in reporting taxable income is what to do when there is a 1099-A or 1099-C involved. Sometimes both the A and the C refer to the same property, other times not. Here is a simple way to think about the issue. The 1099-A is required from any creditor when a borrower...

I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS.The IRS claims to have built a list of millions of non-filers with substantial income. They were ready to pull the trigger on a program to begin investigations of the people on that list when COVID hit....