Ask TaxMama Issue 477 – What Can YOU do to Help

Happy Tax Deadline Weekend

Dear Family,

The last few days before the final deadline for 2007.
(Note: See the extended deadlines for Presidental Disaster areas)

If you want your Stimulus Rebate check before next year, be sure to file your 2007 tax return by October 15th. For other reasons to file, even if your information is still up in the air? See this week’s TaxQuips.

Well, it’s been a week since the Legislature was persuaded to sign the Bailout Bill that was meant to stave off financial disaster and increase worldwide confidence in US markets. So, how did we do?

Let’s see what MarketWatch has to say today, shall we?

http://www.marketwatch.com/

The Dow Jones Industrial index is down below 8,000 – the lowest point since 2003.
Nikkei slumps to end week with 24% loss
European shares plunge as global rout accelerates

French CAC-40 down 10.3%, German DAX down 8.7%, FTSE 100 down 6.8%
Detroit Automakers talk about bankruptcy

OK, my friends, the country’s economy is in trouble.
In fact since the world is tied to our economy in so many ways – they’re in trouble, too.

Many states’ unemployment coffers are running out.

This is really scary. Several people have told me their retirement funds have lost half their value. Others are happy to have only lost 5%. At this rate, Social Security will be plundered to cover other government shortfalls.

It’s time for US to do something about taking care of our own local or national problems.

  • What ideas do YOU have to help your neighbors, local schools or schoolchildren, unemployed folks in your community or industry, seniors, those with disabilities? I am gathering positive solutions and tips for ways people can band together to help their communities survive. ***

I’d like your help to make a positive impact right now – and to bring people together.

Please send your notes to taxmama@taxmama.com – be SURE to put POSITIVE IDEA in the subject line.

We’re going to take your ideas and spread them nationally to bring hope back.

Our Job Advice of the Week teaches you how to apply the real estate concept of ‘Location! Location! Location!’ to your job search – naturally applying the concept to something more relevant to job hunting. What is that? Read on:

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

In today’s Money Funny you’ll get Forrest Gump’s take on the whole financial crisis and bailout.
http://taxquips.com/index.php?cat=MoneyFunnies

Today’s IRS News comes to you courtesy of David and Mary Mellem, who explain Congress’newest definition of a child, for tax purposes. Not quite the clarity and improvement one could hope. But the Mellems do an excellent job outlining the issues. Also, see the IRS’s announcement about electronic filing deadlines and late filing deadlines in the Presidentially Declared Disaster Areas.
http://taxquips.com/index.php?cat=IRSNews

In TaxQuips this week we learn how the Gift Tax exclusion works, the special provisions for casualty losses in Presidentially Declared Disaster Areas, and why it’s not good to skip the October 15th filing deadline – even if you’re not ready.

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

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=998

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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10.15.2008 Personal and Partnership Returns – FINAL DEADLINE

10.15.2008 Employers Make monthly Payroll tax deposit

10.31.2008 3rd Quarter Payroll Taxes Due

10.31.2008 3rd 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
year off properly. It contains a place for you to
list your promises to yourself – and lots of tools to

help you achieve your goals.

Download the book here (just use your e-mail address in this e-mail, so you can avoid subscribing to
my newsletters twice.)

Feel free to share this link with your friends, your clients and your mailing list.

http://www.simpleology.com/p/blogging/taxmama/ATM440

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.

You can check them off as you go.

Audio and Video Training
Is 2008 the year you learn to put use audio and video
on your websites or online? Here are some excellent
no-cost training opportunities. All you need is time.

Join David at AudioAcrobat.com

Join SuccessNet.org for free and learn the 10 Essential Success Keys You Need to Know for You
And Your Business to Grow

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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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SPECIAL DEALS
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Need a Corp, LLC, Registered Agent

Incorp Services Inc. in Nevada – DISCOUNT

20% off on formation services.
Similar discounts on Registered Agent services.
Call 800.2.INCORP – use coupon code – TAXMAMA – or
http://go.asktaxmama.com/incorp

(no code needed)

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!
http://www.zazzle.com/taxmama*

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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