Taxpertise ~ Bonnie Lee

Bonnie Lee


Cash in on the Earned Income Tax Credit

Posted on March 30, 2016

Dear Bonnie, How does the Earned Income Tax credit work? Is it true that California now has one for low income people as well? Tess,... Continue

Countdown to tax season

Posted on February 8, 2016

Dear Bonnie, I have made a New Year’s resolution to really buckle down on taking care of my finances. I hate the whole idea, especially... Continue

Deducting losses from a federally declared disaster

Posted on September 30, 2015
Deducting losses from a federally declared disaster

I may have lost my second home in the forest of Middletown to the Valley Fire — as of this writing, I don’t know. The roads... Continue

Weed, taxes and Tommy Chong

Posted on September 8, 2015

Tommy Chong of Cheech and Chong fame, has recently added entrepreneur to his list of achievements. But the businessman is staying in... Continue

Taxes are filed – now what?

Posted on June 12, 2015

If you filed your tax return by April 15, you can exhale, kick back and wait for your refund – if you’re getting one. Here are... Continue

Obamacare, Form 1095-A, and the premium tax credit

Posted on April 7, 2015
Obamacare, Form 1095-A, and the premium tax credit

Dear Bonnie, I received a form in the mail called a 1095-A Health Insurance Marketplace Statement. I guess this is for my taxes but... Continue

Five tax tips to start the New Year

Posted on February 5, 2015

Happy 2015! If you have already made those ever-challenging New Year’s resolutions, you may want to add a few more. Sometimes resolutions... Continue

The tax consequences of losing your job

Posted on September 4, 2014

 Dear Bonnie, I lost my job and am now on unemployment. Do I have to pay taxes on that? I understand that there are all kinds of other... Continue

I bought a rental — what can I write off?

Posted on July 2, 2014

Dear Bonnie, I just bought my first rental property. I can write off the closing costs, right? What else can I write off? J.K., Sonoma Dear... Continue

7 tips for negotiating with the IRS

Posted on May 28, 2014

Dear Bonnie, I have some tax problems and find that I will soon have to deal with the people at the IRS. Needless to say, I’m terrified.... Continue