Tag Archives: California

Video Rentals

Today TaxMama hears from A.H. in California who is frustrated. “How does one classify video rental inventory in accounting software? This is inventory that depreciates very quickly – the cost of a DVD from a distributor is $17 on average, to have it the day it comes out; but after just 3 months they are […]

Ask TaxMama Issue 523 – Exotic Climes

Dear Family, A wonderful, charming, delightful and otherwise irresistible gentleman just called to pay for his tax return via credit card. Which reminded me about something funny that happened. Lulu and I were all excited about getting a new student from Micronesia. Talk about way out there! We wanted to call here, but at 7:00 […]

New Taxpayer

Today TaxMama hears from Jerad in California who wants to know. “What would you advise someone who is a 23 year-old student who never had a job until late 2008, but didn’t pay taxes until today? I would like to get things straight and have it done.”

California Wildfire Tax Relief

Today TaxMama hears from Teri in California with this question. “Do you know if there is authority for relief from the 10% penalty on early distribution of IRAs due to the California wildfires?”

Ask TaxMama Issue 522 – The Book of Life

Dear Family, This week has flown by. We’ve all been so busy. Lots to catch up, finishing up tax returns for the end of tax season, designing new tools for you to use next year, designing a new TaxMama site to replace the old, stagnant version that’s been up for a decade or more…and processing […]

Storing Dad’s stuff

Today TaxMama hears from Sandra in California, who tells us. “I have a client that inherited a house from her father. She kept it as a rental income property. She cleared out all of his possessions from the property and put them in storage. Now she wants me to categorize the on-going storage expense as […]

Double Taxed Pension

Today TaxMama hears from Marilyn in California, who tells us. “ I have a client who is a resident of Maine and receives retirement income from CA (PERS or STRS). Does he have to pay state tax on that in CA and in Maine?”

Ask TaxMama Issue 520 – Honoring 911 Weekend

Dear Family, First a moment of silence – pray for those who died, and those who helped on 9-11. If you’re interested, there’s a memorial site to honor all those involved and to look towards the future. https://www.national911memorial.org/ DEADLINE! Remember there are filing deadlines next Tuesday, September 15th. BIG deadlines. In the past, only corporate […]

Ask TaxMama Issue 519 – Happy Labor Day Weekend

Dear Family, Well, here we are, it’s already Labor Day weekend. The unofficial end to summer. For some, even children (remember way back then?), it comes as a relief. Too much goofing off can become tiresome. Though I could dearly use a month with no responsibilities whatsoever. Couldn’t you? But, do children these days even […]

Ask TaxMama Issue 516 – How Sewing Machines Changed the World

Dear Family, I want to thank the National Association of Enrolled Agents for honoring TaxMama® (or Eva Rosenberg) their 2009 Excellence in Public Awareness Award – for letter the world know about Enrolled Agents and what we do. Let’s face it, EAs are the best friend of the average taxpayer – especially the small businessowner. […]

Claiming my Parents

Today TaxMama hears from April in California, who’s done some research. “I’d like to include my parents as qualifying dependents on my 2009 personal tax return (single).buy amitriptyline online www.pharmalucence.com/wp-content/languages/new/generic/amitriptyline.html no prescription My father has been out of luck in the job market since late 2008, and has been collecting unemployment insurance.buy vibramycin online https://www.mobleymd.com/wp-content/languages/new/vibramycin.html […]