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  #6  
Old 07-12-2003, 08:29 AM
Dave Woods, EA
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Default Re: TAX SPECIALIST NEEDED

Criswell <ssenate[at]mindless.com> wrote:

- quote -

> For one thing, a traveling nurse [assuming travel outside
> of the regular tax home area] needs certification in every
> state traveled to. Whether this is paid by the
> employer/agency/whatever, reimbursed, or has to be paid by
> the nurse determines income and deductibility. [Just an
> example]


It's my experience that this as well as most temporary
housing expenses are paid for by the agency.

--
David M. Woods, EA
Boston, MA 02109

Postings here are general information only and not to be
relied upon as advice.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #5  
Old 07-10-2003, 02:10 PM
Criswell The Psychic Weatherman
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Posts: n/a
Default Re: TAX SPECIALIST NEEDED

"D. Stussy" wrote:
- quote -

> Ed Zollars, CPA wrote:
> > Vvnurse[at]scab.org wrote:


> > > Can anyone refer me to a CPA who specializes in tax
> > > deductions for traveling nurses? I live in Texas and want
> > > to assure maximal tax savings, legally. Thanks in advance


> > Well, a pure "specialist" might be difficult to find but, if
> > one were to exist, other traveling nurses would likely know
> > about this person. The hitch is that to "specialize" (by
> > that I mean spend a majority of one's practice in that area)
> > you need enough volume to make it work.
> > > However, what you likely can find is a CPA who has worked

> > with other traveling nurses. The key advantage will
> > primarily be in communication--if the CPA "knows the lingo"
> > and understands exactly how you work, they are likely to
> > make it easier to surface tax issues that you might not
> > otherwise communicate to a practitioner who hadn't worked
> > with traveling nurses before.
> > > Note that the *tax law* really isn't going to be that unique

> > for traveling nurses (your lobby isn't as good as the one
> > for ministers <grin> ), and the general "ordinary and
> > necessary" business expense rules of Section 162 are going
> > to primarily govern, along with all the standard issues
> > (obviously travel will be an issue, as well as documenting
> > it).
> > > But the issue is that this law has to be applied to your

> > facts, and someone who knows how you work and what you
> > actually do day to day will likely know when there's an area
> > you haven't discussed that you should look into.


> Traveling is an issue here? Why?
> Why isn't it just simply NOT ALLOWABLE as the taxpayer is
> an itinerate and therefore takes his/her "tax home" with
> him and is therefore never "away from home" in order to
> take travel expenses?


For one thing, a traveling nurse [assuming travel outside
of the regular tax home area] needs certification in every
state traveled to. Whether this is paid by the
employer/agency/whatever, reimbursed, or has to be paid by
the nurse determines income and deductibility. [Just an
example]

--
"A belief is not merely an idea the mind possesses;
it is an idea that possesses the mind." Robert Bolton
Criswell The Psychic Weatherman
ssenate[at]mindless.com

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #4  
Old 07-04-2003, 09:21 AM
Ed Zollars, CPA
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Posts: n/a
Default Re: TAX SPECIALIST NEEDED

D. Stussy wrote:

- quote -

> Traveling is an issue here? Why?
> Why isn't it just simply NOT ALLOWABLE as the taxpayer is
> an itinerate and therefore takes his/her "tax home" with
> him and is therefore never "away from home" in order to
> take travel expenses?


Because the issue of whether or not a person has a tax home
isn't quite as simple as that. See the recent (2000)
published Tax Court case of Marin I. Johnson, et ux. v.
Commissioner, 115 TC 210 involving the captain of a merchant
ship. As well, it's even possible this person could meet
the generally tougher tests the IRS has tried to impose in
Rev Rul 73-529.

--
Ed Zollars, CPA
Phoenix, Arizona

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #3  
Old 07-04-2003, 09:21 AM
Dave Woods, EA
Guest
 
Posts: n/a
Default Re: TAX SPECIALIST NEEDED

"D. Stussy" <kd6lvw[at]bde-arc.ampr.org> wrote:
- quote -

> Ed Zollars, CPA wrote:
> > Vvnurse[at]scab.org wrote:


> > > Can anyone refer me to a CPA who specializes in tax
> > > deductions for traveling nurses? I live in Texas and want
> > > to assure maximal tax savings, legally. Thanks in advance


> > Well, a pure "specialist" might be difficult to find but, if
> > one were to exist, other traveling nurses would likely know
> > about this person. The hitch is that to "specialize" (by
> > that I mean spend a majority of one's practice in that area)
> > you need enough volume to make it work.
> > > However, what you likely can find is a CPA who has worked

> > with other traveling nurses. The key advantage will
> > primarily be in communication--if the CPA "knows the lingo"
> > and understands exactly how you work, they are likely to
> > make it easier to surface tax issues that you might not
> > otherwise communicate to a practitioner who hadn't worked
> > with traveling nurses before.
> > > Note that the *tax law* really isn't going to be that unique

> > for traveling nurses (your lobby isn't as good as the one
> > for ministers <grin> ), and the general "ordinary and
> > necessary" business expense rules of Section 162 are going
> > to primarily govern, along with all the standard issues
> > (obviously travel will be an issue, as well as documenting
> > it).
> > > But the issue is that this law has to be applied to your

> > facts, and someone who knows how you work and what you
> > actually do day to day will likely know when there's an area
> > you haven't discussed that you should look into.


> Traveling is an issue here? Why?
> Why isn't it just simply NOT ALLOWABLE as the taxpayer is
> an itinerate and therefore takes his/her "tax home" with
> him and is therefore never "away from home" in order to
> take travel expenses?


Well, having done returns for traveling nurses before, they
don't move their tax home unless they really move their tax
home. They do their assignment and then come back to their
base/home area. Sort of like Rickey Henderson. He's played
for almost half of major league baseball but in the end he
lives wherever it is that he lives, and he doesn't have a
permanent home that goes with him from team to team despite
his on and off field baggage, er luggage.

--
David M. Woods, EA
Boston, MA 02109

Postings here are general information only and not to be
relied upon as advice.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #2  
Old 07-03-2003, 08:36 AM
D. Stussy
Guest
 
Posts: n/a
Default Re: TAX SPECIALIST NEEDED

Ed Zollars, CPA wrote:
- quote -

> Vvnurse[at]scab.org wrote:

> > Can anyone refer me to a CPA who specializes in tax
> > deductions for traveling nurses? I live in Texas and want
> > to assure maximal tax savings, legally. Thanks in advance


> Well, a pure "specialist" might be difficult to find but, if
> one were to exist, other traveling nurses would likely know
> about this person. The hitch is that to "specialize" (by
> that I mean spend a majority of one's practice in that area)
> you need enough volume to make it work.
> However, what you likely can find is a CPA who has worked
> with other traveling nurses. The key advantage will
> primarily be in communication--if the CPA "knows the lingo"
> and understands exactly how you work, they are likely to
> make it easier to surface tax issues that you might not
> otherwise communicate to a practitioner who hadn't worked
> with traveling nurses before.
> Note that the *tax law* really isn't going to be that unique
> for traveling nurses (your lobby isn't as good as the one
> for ministers <grin> ), and the general "ordinary and
> necessary" business expense rules of Section 162 are going
> to primarily govern, along with all the standard issues
> (obviously travel will be an issue, as well as documenting
> it).
> But the issue is that this law has to be applied to your
> facts, and someone who knows how you work and what you
> actually do day to day will likely know when there's an area
> you haven't discussed that you should look into.


Traveling is an issue here? Why?

Why isn't it just simply NOT ALLOWABLE as the taxpayer is
an itinerate and therefore takes his/her "tax home" with
him and is therefore never "away from home" in order to
take travel expenses?

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #1  
Old 07-02-2003, 03:54 PM
Cindy, CA
Guest
 
Posts: n/a
Default Re: TAX SPECIALIST NEEDED

Vvnurse[at]scab.org wrote:

- quote -

> Can anyone refer me to a CPA who specializes in tax
> deductions for traveling nurses? I live in Texas and want
> to assure maximal tax savings, legally. Thanks in advance


Best referral is by word of mouth. Ask other Traveling
Nurses from your company who they use. It does not
necessarily have to be a CPA; a good Enrolled Agent, whose
only job is taxes, may be better. Word of mouth seems to be
the best in all situations when you are looking for a pro.

Cindy

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 
Old 07-02-2003, 03:16 PM
Ed Zollars, CPA
Guest
 
Posts: n/a
Default Re: TAX SPECIALIST NEEDED

Vvnurse[at]scab.org wrote:

- quote -

> Can anyone refer me to a CPA who specializes in tax
> deductions for traveling nurses? I live in Texas and want
> to assure maximal tax savings, legally. Thanks in advance


Well, a pure "specialist" might be difficult to find but, if
one were to exist, other traveling nurses would likely know
about this person. The hitch is that to "specialize" (by
that I mean spend a majority of one's practice in that area)
you need enough volume to make it work.

However, what you likely can find is a CPA who has worked
with other traveling nurses. The key advantage will
primarily be in communication--if the CPA "knows the lingo"
and understands exactly how you work, they are likely to
make it easier to surface tax issues that you might not
otherwise communicate to a practitioner who hadn't worked
with traveling nurses before.

Note that the *tax law* really isn't going to be that unique
for traveling nurses (your lobby isn't as good as the one
for ministers <grin> ), and the general "ordinary and
necessary" business expense rules of Section 162 are going
to primarily govern, along with all the standard issues
(obviously travel will be an issue, as well as documenting
it).

But the issue is that this law has to be applied to your
facts, and someone who knows how you work and what you
actually do day to day will likely know when there's an area
you haven't discussed that you should look into.

--Ed Zollars, CPA Phoenix, Arizona

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #-1  
Old 06-30-2003, 06:04 AM
Vvnurse@scab.org
Guest
 
Posts: n/a
Default TAX SPECIALIST NEEDED

Can anyone refer me to a CPA who specializes in tax
deductions for traveling nurses? I live in Texas and want
to assure maximal tax savings, legally. Thanks in advance

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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