October 6, 2011
Podcast: Play in new window
| Download
Today TaxMama hears from Mike in the Tax Quips Forum, who is unclear on the concept. “My 7 month certificate of deposit (in an IRA) will expire in November 2011. I used this money as a tax deduction for 2010. If I re-invest in another 7 month CD, at the same bank, can I use this [...]
Read the full article →
June 7, 2011
Podcast: Play in new window
| Download
Today TaxMama hears from Richard in the TaxQuips Forum who tells us. “My family is selling my father’s baseball card collection. We are expecting to receive approximately $20,000. If the buyer writes me a check and I deposit it into my account; then I write a check for the amount and give it to my mother, will [...]
Read the full article →
