Subscribing to new posts…

Some of my former subscribers will have noticed that there is no subscription service at this time. New readers may be asking for a way to subscribe.

At present, the email subscription is disabled pending an overhaul of the email subscription service. There is a duplication of the various email lists and I am consolidating the multiple lists to make things easier for everyone.

When the email lists have been consolidated, the old email lists will be shut down and the new will be activated. At that time, I will allow new subscribers.1

Do you have a power of attorney

In the past year, I have had several clients’ affairs taken over by family members as they have aged and could not handle routine matters by themselves. But over the last month, I have been faced with a significantly more difficult situation. My client suddenly collapsed – he suffered a stroke and at an early age. This was completely unexpected and he has been unable to communicate, even write, since the stroke.

This presents his family with a difficult problem – he has no power of attorney prepared. There is no way for any of his family to handle his affairs without a power of attorney. His bank has had to put his accounts into trust. I, as his tax preparer, can prepare, but can’t file his tax return. I need a signature from an authorized individual and no one is permitted to sign.

Vehicle Log Book

During the last few weeks, I’ve seen several taxpayers with misunderstandings about record keeping for a vehicle.

The myths

Here are some myths about a vehicle logbook: