Insurance

Small Business Jobs Act of 2010

September 24, 2010

New Jobs Act brings tax benefits (9-23-2010) On  September 23, the House passed the Small Business Jobs Act of 2010 (H.R. 5297). It is expected to be signed by the President. Among its provisions: Share this:

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Loss on Surrender

August 30, 2010

Today TaxMama hears from Karla in the TaxQuips Forum, with this question.  “Is the loss on surrender of life insurance deductible on 1040?” Share this:

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Is This Taxable Income

August 19, 2010

Today TaxMama hears from Karen in California in the TaxQuips Forum, who tells us.  “My father died from lung cancer that was determined to be caused by job conditions. My brother and I may be receiving a one-time survivors benefit compensation check for a large amount of money. Will this be taxable income?” Share this:

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Tax Cuts for Wage-Earners

August 18, 2010

Today TaxMama hears from Chris in the TaxQuips Forum, who puts out a challenge to TaxMama. He says, “Tax mama has advice for business owners. But how does an individual get more money on their paychecks?” Share this:

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Ask TaxMama Issue 555 – A Prisoner to Taxes

June 4, 2010

+ +   Dear Family, There was a QuickAlert from IRS telling us the electronic processing centers in Martinsburg, W V and Memphis, TN are currently experiencing problems. Considering how much money and resources IRS pours into maintaining their electronic systems, it’s kind of nice to know they experience the same kind unexpected down time [...]

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Ask TaxMama Issue 554 – Memorial Day Weekend

May 28, 2010

Dear %$firstname$% It’s already Memorial Day Weekend! Remember to remember the folks who make our way of life possible. And offer more than just the obligatoru barbeque – offer thanks to all those who serve, or have served! You may have noticed yesterday that the TaxMama.com website was down. This has been a week of external, [...]

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TaxMama’s Tax Roundtable

May 20, 2010

    REPLAY today’s session – you can listen and SEE the session Today’s topics included: Introductions of the participants Testing of microphones ;~) Questions about the EA Exam Review Class starting tonight Discussion of IRS bizarre notice –  long-term care insurance distributions that IRS is questioning Odd rejections of homebuyer credits IRS not willing to [...]

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