*AskTaxMama Newsletter

The Accountant, the Tax Attorney and the Actuary

April 19, 2013
the accountant's horse

An accountant tries horseback riding: Yesterday I had a near death experience that has changed me forever.   I went horseback riding.  Everything was going fine until the horse starts bouncing out of control. I tried with all my might to hang on, but was thrown off.   Just when things could not possibly get worse, my [...]

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Some Give and Take

April 12, 2013
laughter

The Fallen Man A man had fallen between the rails in a subway station. People were all crowding around trying to get him out before the train ran him over. They were all shouting. “Give me your hand!” but the man would not reach up.

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Everything You Want to Know About the EA Exam 2013

April 11, 2013
 All  About the EA Exam

The REPLAY of the webinar is up! Becoming a knowledgeable tax professional isn’t easy. It takes a lot of dedication, math skills, and the flexibility to keep up with the myriad of tax law changes that take place each year. But it can be done. And TaxMama’s EA Exam Review Course is the best way to [...]

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Ask TaxMama Issue 677 – Easter and Passover

March 29, 2013
Happy easter and passover

Dear Family, Today is Good Friday and also the middle of Passover. Lots of places are closed, like banks, stock exchanges, schools, and more. Take some time to enjoy today. You can start with the Money Funnies. In honor of April Fools Day this weekend, this week’s Money Funny honors Joey Skaggs and New York [...]

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Protect Yourself from the Dirty Dozen Tax Scams

March 29, 2013
State Library Dome - JUST FOR FUN

Courtesy of the IRS The IRS’s annual ‘Dirty Dozen’ list includes common tax scams that often peak during the tax filing season. The IRS recommends that taxpayers be aware so they can protect themselves against claims that sound too good to be true. Taxpayers who buy into illegal tax scams can end up facing significant [...]

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New York City’s 28th Annual April Fools’ Day Parade

March 29, 2013
April Fools Day parade

The 28th Annual April Fools’ Day Parade will begin at Fifth Avenue and 59th Street at 12 noon, Sunday, April 1, 2012. Rain or shine, the parade will march down Fifth Avenue to Washington Square Park for the climactic selection of the King or Queen of Fools from the costumed marching look-alikes. The New York [...]

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Ask TaxMama Issue 676 – Happy Spring

March 22, 2013
Happy Spring

Dear Family, True…it’s not really the first day of spring any longer. But that’s the only spring graphic I have right now. So…Happy Spring. A favorite season of re-birth, growth and joy. This week’s Money Funny is all about manners, because some phone solicitor called us (even though we are on the Do Not Call [...]

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Relief Available To Many Extension Requesters Claiming Tax Benefits

March 22, 2013
Whew!

WASHINGTON —The Internal Revenue Service today provided late-payment penalty relief to individuals and businesses requesting a tax-filing extension because they are attaching to their returns any of the forms that couldn’t be filed until after January. The relief applies to the late-payment penalty, normally 0.5 percent per month, charged on tax payments made after the [...]

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Tax Rules for Children Who Have Investment Income

March 22, 2013
Thumbnail image for Tax Rules for Children Who Have Investment Income

Courtesy of the IRS   Some children receive investment income and are required to file a federal tax return. If a child cannot file his or her own tax return for any reason, such as age, the child’s parent or guardian is responsible for filing a return on the child’s behalf. There are special tax [...]

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