Ask Taxmama Issue 417 – Lucky Friday the 13th

Dear Family,

Another fast week.

Did you blink – and it’s Friday?

OK, you blinked – and I moved TaxQuips.com to a different server. The move went so seamlessly and smoothly that you never even saw it happen. (Only, if you posted any comments or notes after about 1:00 pm PDT yesterday, let me know and I’ll find them on the old server and move them here.)

Hey, have you noticed that Harry Potter mania is in full force again? Yup, the movie is out and the book is coming. You can pre-order the new Harry Potter book at Amazon with a 49% discount if you order by noon EDT 07/17/07. Do it now, so you don’t forget.

It’s the last book, so you won’t have to buy any more of them – for those of you, like me, who are compelled to finish the series, even though it’s getting too dark for my taste.
J.K. Rowlings forgot how to have fun, the richer she got. This started out as a really charming, delightful set of stories.
Oh well, you can’t fight compulsions, can you?

Lots of interesting activity going on in TaxQuips this week. Some of it funny. And one call to action – it’s time to demand a change in the $3,000 limit on the deduction for Capital Losses.

The humor Chrys Stamatis sent this week really did have me LOL (Lauging out loud). You will heartily enjoy today’s Money Funnies.

Since it’s summer, and you’re probably going to be traveling with your family, consider getting matching T-shirts and/or hats. For tips and discounts drop by our SPECIAL DEALS
section. I’ve got three places for you to use.

Now, let’s see what’s going on at IRS.

IRS sent us a tip about summer gambling. IRS reminded us that gambling is taxable – whether it’s legal in your state or not. Read my related MarketWatch articles to see how IRS is treating Oscars goodie bags, too.

Also David and Mary Mellem alert us that trying to sell your vacation home as a tax-free exchange is not going to work.

Some good news to cheer you up – the BusinessOwners Idea Cafe is offering a $1,000 grant. Read on to find out how to apply.

Oh, are YOU smarter than a 5th Grader? If you think you are, the contestant search is on for next season. Give it a shot.

Have an untaxing, fun week!

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
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07.31.2007 2nd Quarter Payroll Taxes Due
07.31.2007 2nd Quarter Sales Taxes Due
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$1,000 Grant available

Al Marks Inventive Mind Grant
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It’s almost time for another of Idea Cafe’s cash grants to be awarded to a deserving entrepreneur. Our current award, The Al Marks Inventive Mind Grant is still open for applications until July 19. So if you think this might fit you (or someone you know), hustle in to Idea Cafe’s Small Business Grant Center to apply.

Al Marks Inventive Mind Grant

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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*

Receive free shipping on your own customized

Zazzle Apparel, bags or more.
with code FREESHIPTEES. Ends 7/27/07.
code FREESHIPTEES

Get volume discounts on orders of 2 or more.

Get extra discounts for yourself and friends
after you order.

Stuff for Pets and Pregnant Moms

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.

You can get 12 items for $99! That includes the set-up fees.

Can you believe that? Use Coupon Code PC076c
At the Queensboro Shirt Company

(They have a lot more than shirts – and all sizes)

They do a gorgeous job.

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