IRS Forms

TIGTA Report on IRS Customer Service

August 11, 2011

  TIGTA Publicly Releases Report on IRS Customer Service WASHINGTON  –  The Internal Revenue Service (IRS) provides helpful and accurate tax law assistance, but taxpayers experience lengthy wait times to speak with assistors, according to a new report publicly released by the Treasury Inspector General for Tax Administration (TIGTA). The audit, a follow-up review to [...]

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2010 Estate Reporting Form 8939 is Due Nov. 15

August 8, 2011

Courtesy of  IRS [TaxMama note: this applies deaths that took place in 2010. Even if you don't think your family has an estate - PAY ATTENTION! If you don't file the paperwork to establish the value of home, stocks or other assets owned by the person who died, you may end up with a tax [...]

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IRS Marks Small Business Week by Showcasing Tools, Resources; Spotlights Tax Benefits Available in 2011

May 20, 2011

WASHINGTON ― During Small Business Week, May 16-20, the Internal Revenue Service encourages those who are self-employed or own a small business to take advantage of certain tax benefits and learn about IRS resources that can help them meet their federal tax obligations. “When you’re running a business, you don’t need to be a tax [...]

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Seven Tax Tips for New Business Owners

July 19, 2010

As you know, TaxMama is the author of Small Business Taxes Made Easy, which some people use as their business bible. Each of IRS’s tips is expanded, in detail, in Small Business Taxes Made Easy, – I’ll add the chapter references to IRS’s tips for you. A new edition of the book is due out this winter. [...]

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Ham Radio Filing

July 1, 2010

Today TaxMama hears from William in the TaxQuips Forum with this question. “We are part of a social organization (Ham Radio Club) which is not required to apply for formal tax exempt status because its annual gross receipts are less than $5,000. Must we file the annual form 990-N?” http://taxmama.com/forum/taxquips/form-990-n-filing/  

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ES Payments Without Income

June 1, 2010

Today TaxMama hears from Steve in the TaxQuips Forum with a timely question. He says. “I started paying estimated taxes in the first quarter of this year. But I haven’t earned any income this quarter, except unemployment – from which they took withholding. What do I do about my June estimated payment?”

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IRS Problem Resolution Day

May 12, 2010

Today TaxMama wants to give you some pointers on how to use the IRS Open House days effectively. People write to us with IRS problems all the time. I wish I could solve them all for you. But, generally, the only way to solve your problem is for you to take action. Here’s your chance [...]

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Maid Services

May 3, 2010

Today TaxMama hears from Tom in Illinois who uses a maid service and he wants to know if he should be issuing a Form 1099-MISC to the maid; or should the maid service do that?

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H&R Block Radio Show – Tax Tips for Individuals

March 29, 2010

Listen here  -  Tax Tips for Individuals                         Read the script of the show below: PROGRAM 1: Tax Tips for Individuals Originally aired:   Thursday, March 25    10:00 a.m. – 11:00 a.m. EDT Introduction – Tax Mama Welcome and Introductions o        Thanks for joining §                    Introduce hosts: §                    Chris Wilson, Master Tax Advisor o        Wilson has been [...]

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Five Tips to Avoid Tax Time Stress

March 18, 2010

Courtesy of IRS Filing your tax return doesn’t have to be stressful. The IRS has put together five stress-relieving tips to help you. 

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