Ask TaxMama Issue 467 – Garlic Keeps Troubles Away

Happy Gilroy Garlic Festival

As always, we love your feedback, opinions and ideas.

You are what makes all this fun – and interesting!

Please use the Comments link online.
http://taxquips.com/index.php?id=920

Dear Family,

This weekend the town of Gilroy in California celebrates Garlic. Aside from the usual foods you associate with garlic, you’ll find all kinds of surprises, like ice cream, deserts, chocolates and who knows what else they dream up. Now THIS is a way to spend a weekend!
http://gilroygarlicfestival.com

In the news this week is House Bill 3221, The Foreclosure Prevention Act of 2008
http://thomas.loc.gov/cgi-bin/bdquery/z?d110:h.r.03221:

President Bush will most likely be signing this into law.
It will include provisions to bail out Fannie Mae and Freddie Mac
http://topics.nytimes.com/top/news/business/companies/fannie_mae/index.html?inline=nyt-org
http://topics.nytimes.com/top/news/business/companies/freddie_mac/index.html?inline=nyt-org
One of the things that intrigues me about all these government bailouts – what is the lesson we’re learning here?

If you’re going to rip off the system, don’t do it in nickels and dimes. Do it BIG TIME. If you make a really, really huge mess – you get to keep the rewards and the US Government will pick up your tab.
Be sure to teach this to your children so they can care for you properly in your old age when the government goes bust.

And speaking of becoming famous…or notorious,this week’s Job Advice is about getting your 15 minutes of fame. And why it’s important.

http://www.taxquips.com/index.php?cat=JobAdviceoftheWeek

For those who’ve signed up for a no-cost membership in TheLadders, they had an excellent article this week about why and how to negotiate a severance package at the time of your hiring. It’s provides excellent tips on how to finesse that package. That one article alone is worth signing up for TheLadders.
http://go.asktaxmama.com/Ladders

Today’s Money Funnies is about girls night out – and what it can cost you. You’ll be chirping with laughter.

http://taxquips.com/index.php?cat=MoneyFunnies

TaxQuips this week ended up with an interesting discussion about how late you can fund SEP-IRAs – and if you can fund them long after the tax return has been filed? We also discussed capital gains rates, employee business expenses and dealing with excess lease mileage
http://taxquips.com/index.php?cat=TaxQuips

IRS News contains links to new and old IRS resources for folks in different businesses – and those concerned about your IRAs and retirement plans. IRS even has new videos for you.

http://taxquips.com/index.php?cat=IRSNews

And remember, when you buy any TaxNerd item, TaxMama will donate all the profits to the Central Asia Institute, where they are building schools for girls in Asia. The best way to achieve peace to earn the love and trust of people around the world by helping them improve their own lives.
http://www.ikat.org

Hugs from your favorite TaxNerd,

Eva Rosenberg, EA

Your TaxMama is watching…out for you.

www.TaxMama.com

www.TaxQuips.com
www.IRSExam.com
www.TaxNerd.net
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TAX CALENDAR 2008
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07.15.2008 Employers Make monthly Payroll tax deposit

07.21.2008 Last Day to get Personal info to me to file in August

07.31.2008 2nd Quarter Payroll Taxes Due

07.31.2008 2nd Quarter Sales Taxes Due

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SPECIAL GIFTS FROM TAXMAMA – FREE – REALLY!
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Keep your Resolutions:
Here’s a well-thought-out e-book to help you start the
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Feel free to share this link with your friends, your clients and your mailing list.

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Explore Simpleology 101 – It includes set of step-by-step daily missions for you to follow to get more focused and become more successful this year.

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GIFT IDEAS
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ThinkGeek has some wonderful, unusual stuff, including something very like a Dick Tracy watch – a touchscreen cell phone PDA watch. They also have the USB Memory watch that holds 2GB of data.

Open your own Zazzle account and create personalized

gifts to your family and friends.
You don’t need to use my designs – use your own photos and artwork.
http://www.zazzle.com/taxmama*
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Summer Family Identity – 3 Choices:

Zazzle – Cafe Press – Queensboro

Since it’s summer, and you’re probably going to be traveling with your family, consider getting matching T-shirts and/or hats.

(DO NOT PUT ANYONE’S NAME ON THEM – you’re just asking strangers to kidnap your children!)

But do put everyone’s picture – so even if you don’t know the local language, you can point to a family member and ask if anyone has seen him or her. Or use a graphic or piece of art you all like. You’ll find three options right here in our SPECIAL DEALS section.

Use your art or others – and customize it

Zazzle your Imagination. Are you a TaxNerd?
Tell everyone – proudly!
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Create your own customized Zazzle Apparel, bags or more.

Get volume discounts on orders of 2 or more.

Get extra discounts for yourself and friends after you order.

Stuff for summer, travel and fun

Cafe Press is the home of TaxMama’s shops
http://www.cafepress.com/taxmama

But you can upload your own art and graphics and unify your family – even your pets.

http://www.cafepress.com/

Get extra discounts for yourself and friends after you order.

WOW DEAL! Embroidery

Wouldn’t you love to get your logo or family crest, or picture or whatever, EMBROIDERED on hats and T-Shirts?

Well, it costs a heck of a lot less than you think.
And there’s always a sale!

At the Queensboro Shirt Company

(They have a lot more than shirts – and all sizes)
They do a gorgeous job.

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