TaxSense: Keeping What's Yours

Originally broadcast on June 24, 2013, on 1380 KTKZ in Sacramento.

In this Tax Sense Report, Owen Arnoff discusses the tax implications of short sales and foreclosures, including the potential tax consequences that can arise when debt is forgiven or a property is lost for less than the amount owed.

This short-form report was part of the weekday companion series to TaxSense: Keeping What’s Yours, providing timely tax updates and practical commentary between the longer Saturday broadcasts.

This recording has been preserved as part of the restored TaxSense historical archive.

Originally broadcast on June 17, 2013, on 1380 KTKZ in Sacramento.

In this Tax Sense Report, Owen Arnoff discusses erroneous IRS notices and why taxpayers should not automatically assume that every notice from the IRS is correct.

The report looks at the importance of reviewing IRS correspondence carefully, comparing it with the taxpayer’s records, and responding appropriately when the government’s information or conclusions appear to be wrong.

This short-form report was part of the weekday companion series to TaxSense: Keeping What’s Yours, providing timely tax updates and practical commentary between the longer Saturday broadcasts.

This recording has been preserved as part of the restored TaxSense historical archive.

Originally broadcast on June 3, 2013, on 1380 KTKZ in Sacramento.

In this Tax Sense Report, Owen Arnoff discusses employee business expenses and the circumstances under which workers may be able to deduct unreimbursed costs connected with their jobs.

The report looks at the importance of business purpose, documentation, employer reimbursement policies, and the distinction between personal and work-related expenses.

This short-form report was part of the weekday companion series to TaxSense: Keeping What’s Yours, providing timely tax updates and practical commentary between the longer Saturday broadcasts.

This recording has been preserved as part of the restored TaxSense historical archive.

Originally broadcast on May 25, 2013, on 1380 KTKZ in Sacramento.

This restored edition of TaxSense: Keeping What’s Yours comes from the program’s two-hour KTKZ era, with Owen Arnoff discussing tax, IRS, financial-planning, and business issues affecting individuals and business owners.

TaxSense combined timely tax developments, practical guidance, professional insight, financial topics, and real-world examples in a format designed to make complicated tax and financial subjects easier to understand.

This episode has been restored from a surviving original TaxSense recording. The original episode title and complete show notes have not been independently verified, so it is being presented in the historical archive under its confirmed broadcast date.

Originally broadcast on May 20, 2013, on 1380 KTKZ in Sacramento.

In this Tax Sense Report, Owen Arnoff discusses the cost of tax preparation and compares do-it-yourself filing with the potential benefits of working with a tax professional.

The report looks at the tradeoff between preparation fees and professional guidance, including the value of experience, tax knowledge, planning opportunities, and help avoiding costly mistakes.

This short-form report was part of the weekday companion series to TaxSense: Keeping What’s Yours, providing timely tax updates and practical commentary between the longer Saturday broadcasts.

This recording has been preserved as part of the restored TaxSense historical archive.

Originally broadcast on May 13, 2013, on 1380 KTKZ in Sacramento.

In this Tax Sense Report, Owen Arnoff discusses below-market rental property and the tax issues that can arise when property is rented for less than fair market value.

The report looks at why below-market rent can affect the tax treatment of rental income and expenses and why the relationship between the owner and tenant can matter.

This short-form report was part of the weekday companion series to TaxSense: Keeping What’s Yours, providing timely tax updates and practical commentary between the longer Saturday broadcasts.

This recording has been preserved as part of the restored TaxSense historical archive.

Originally broadcast on May 6, 2013, on 1380 KTKZ in Sacramento.

In this Tax Sense Report, Owen Arnoff discusses IRS “lifestyle audits” and situations in which the government may question whether a taxpayer is reporting enough income to support the lifestyle reflected by their spending, assets, and financial activity.

The report looks at why inconsistencies between reported income and apparent living expenses can attract scrutiny and why accurate records and complete income reporting matter.

This short-form report was part of the weekday companion series to TaxSense: Keeping What’s Yours, providing timely tax updates and practical commentary between the longer Saturday broadcasts.

This recording has been preserved as part of the restored TaxSense historical archive.

Originally broadcast on April 29, 2013, on 1380 KTKZ in Sacramento.

In this Tax Sense Report, Owen Arnoff discusses the concept of “piercing the corporate veil” and why business owners need to maintain proper separation between themselves and their business entities.

The report looks at how poor recordkeeping, commingling funds, or failing to respect the formalities of a corporation or LLC can undermine the legal protections business owners expect from the entity.

This short-form report was part of the weekday companion series to TaxSense: Keeping What’s Yours, providing timely tax updates and practical commentary between the longer Saturday broadcasts.

This recording has been preserved as part of the restored TaxSense historical archive.

Originally broadcast on April 27, 2013, on 1380 KTKZ in Sacramento.

In this restored edition of TaxSense: Keeping What’s Yours, Owen Arnoff moves beyond the April filing deadline to discuss tax and financial issues that continue throughout the year.

The program features the TaxSense mix of IRS developments, tax-planning considerations, financial topics, business issues, and practical guidance designed to help individuals and business owners better understand the tax consequences of everyday financial decisions.

This episode has been restored from the surviving original broadcast recording. The original episode title and complete show notes have not been independently verified, so it is being presented in the historical archive under its confirmed broadcast date.

Originally broadcast on April 22, 2013, on 1380 KTKZ in Sacramento.

In this Tax Sense Report, Owen Arnoff discusses worker classification and the tax consequences that can arise when employees are improperly treated as independent contractors.

The report looks at why proper classification matters for payroll taxes, withholding, employer obligations, and potential IRS or state-tax exposure.

This short-form report was part of the weekday companion series to TaxSense: Keeping What’s Yours, providing timely tax updates and practical commentary between the longer Saturday broadcasts.

This recording has been preserved as part of the restored TaxSense historical archive.