Today TaxMama® decides it’s time to have fun with taxes. Let’s play with some tax trivia and see if you know the answers?
Today TaxMama® hears from KD in the TaxQuips Forum who is justifiably confused. “I was looking over our tax return and was wondering why we are paying almost 50% effective tax rates on our income. I’m currently unemployed and my husband is an independent contractor. Our CPA included a chart with this year’s tax return. […]
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 […]
The tax filing deadline is approaching. If you don’t file your return and pay your tax by the due date you may have to pay a penalty. Here are nine things the IRS wants you to know about the two different penalties you may face if you do not pay or file on time. If […]
Videos Dirty Dozen: English Message for Tax Preparers: English | ASL Choosing a Tax Preparer: English | Spanish | ASL For this and other videos: YouTube/IRSVideos Courtesy of IRS WASHINGTON — The Internal Revenue Service today issued its 2010 “dirty dozen” list of tax scams, including schemes involving return preparer fraud, hiding income offshore and […]
Today TaxMama hears from Suzan in California with is bewildered. “Someone sent me an email stating that they were told by H&R Block that divorced couples can split their children’s dependency exemption based on a new ruling for 2009. That the exemption can be split six months for Mom and six months for Dad. I’ve […]