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1099 Tax Form
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LMP Corporate Loan Fund Inc. Announces Distribution for June 2009 (Business Wire via Yahoo! Finance)
NEW YORK----LMP Corporate Loan Fund Inc., listed on the New York Stock Exchange under the symbol "TLI", announced a distribution from income of $0.0400 per common share for the month of June 2009. On business: Taxes can linger after foreclosure (Lansing State Journal)
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With today's ultracomplicated tax rules, anyone can make a mistake on Form 1040. Here's how to file an amended tax return. Don't Lose Your Shirt On Mutual Fund Sales (Investopedia)
How you report your mutual fund transactions can have a serious impact on the amount of taxes you pay at the end of the year. For those of you that are taking a passive approach on tracking your cost basis, it is possible that one of the following results could have ended up on your 2008 tax return . Court notebook: Elderly embezzler to serve house arrest (Naples Daily News)
A 77-year-old former bookkeeper has been sentenced to two years of house arrest and probation after pleading no contest to embezzling money from Vineyards Golf and Country Club. “The court’s not going to sentence you to jail,” Collier Circuit Judge Fred Hardt told Ellen Mary Manion last week after hearing arguments from the prosecutor, who wanted some jail time, and the defense attorney, who ... Tax Crackdown Will Cost Small Business (Forbes)
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With an estimated 20 percent of U.S. mortgage holders owing more on their loans than their homes are worth, short sales often represent the best chance for distressed borrowers to avoid foreclosure. The problem is that many real estate professionals say it's growing increasingly difficult to complete transactions in which lenders allow sellers to accept less for the home than the outstanding debt. Disputing an IRS letter (Bankrate.com)
Dear Tax Talk, I just received a letter from the IRS stating that I have a tax increase of $7,474 for the 2007 year. I own a few mutual funds -- they are just regular ones that I pay capital gains on; these are not in an IRA or a 403(b). In 2007 I ended up taking $20,000 out of two funds.
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