*Special Reports

Not Feeling Helpless

July 20, 2010

Today TaxMama wants to talk to you about feeling helpless in the face of encroaching laws and rules. In the course of what I do and what I write, I encounter ever more legislation and more complex procedures constricting our lives. And people. Sometimes the despair radiating from people caught in the sticky web of [...]

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Call To Action

July 19, 2010

Don’t complain about the laws, helplessly. You can change them, or prevent proposed bills from becoming law by letting your elected officials know how you feel. � LINKS President Obama Vice President Biden The Entire US Senate  The Entire House of Representatives Your voice can be heard, but not if you don’t get involved. Eva [...]

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People to Meet in June 2010

June 24, 2010

Today TaxMama hears from Pastor Derrell a new student in the EA class, who explains why he feels the need to  make a living doing taxes. That brings to mind other people you’d also find interesting. So, today, let me introduce you to a few special people – no special order. Just good, interesting people [...]

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Why Your Business Needs A Tax Pro, Part 2

June 11, 2010

So, How Do I Know They Know Their Stuff? Simple: Ask questions. Ah, but what questions? The truth is that you need to begin the process by determining which colors in the financial spectrum are relevant to your enterprise. Doing your homework before you contact a tax professional–and being specific about the areas in which [...]

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Why Your Business Needs A Tax Pro, Part 1

June 11, 2010

How’s Your Crystal Ball?  You’re a savvy entrepreneur and you’re smart about your money, but you’ve found yourself over your head with the IRS. There’s no need to be embarrassed about admitting that you need help sorting out your finances.  The real shame is in hiring the wrong hired gun to tame the taxman. Choose [...]

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IRS Open House – Saturday June 5th!

June 3, 2010

Open House Saturday June 5 to Help Taxpayers Solve Problems and Respond to Notices  WASHINGTON — The Internal Revenue Service will once again host a special nationwide open house on Saturday, June 5 to help taxpayers solve tax problems and respond to notices from the IRS. [TaxMama Note - For tips on how to use [...]

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Unreported barter can get you into trouble…

May 9, 2010

(This is a true story. None of the names will be real to protect confidentiality.) Once upon a time, a very nice fellow came to our office and begged for help. Steve sheepishly admitted that he hadn’t filed tax returns for about ten years and the Internal Revenue Service was a bit unhappy with him. [...]

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Bankruptcy & Freedom

May 9, 2010

Reprint of article from July 2003 And speaking of Independence Day …. I just got off the phone with a friend. She’s decided to file bankruptcy. This was a very long road for her. Like other friends, she’s a very moral person. In our generation, bankruptcy is not something we take lightly. It’s not just [...]

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