A man and his young wife were in divorce court, but the custody of their children posed a problem. The mother leaped to her feet and protested to the judge that since she brought the children into this world, she should retain custody of them.
A Tiered Approach to Credentialing Is Recommended WASHINGTON, DC (July 28, 2011)—The National Association of Enrolled Agents (NAEA) today presented testimony at a hearing before the House Ways and Means Committee Subcommittee on Oversight. The focus of the hearing was to review the new requirements for paid tax return preparers developed by IRS as part […]
Today TaxMama hears from Jenna in the TaxQuips Forum, who needs help. “I work as a cosmetologist. I am considered self-employed and rent a chair in a local salon. I give free haircuts throughout the year during my normal business hours. Could these haircuts be tax deductible? If so, would they be considered advertisement or […]
When I bought my Blackberry I thought about the 30-year business I ran with 1800 employees, all without a cell phone that plays music, takes videos, pictures and communicates with Facebook and Twitter. I signed up under duress for Twitter and Facebook, so my seven kids, their spouses, 13 grandkids and 2 great grand kids […]
Dear Family, It’s my mother’s birthday today. Her age exceeds the number of years mentioned at the beginning of President Lincoln’s Gettysburg address (add 1 to Lincoln’s number). Happy Birthday mom! Except for being in constant pain, she is remarkably spry and independent. All those admonitions to do all things in moderation seem to have […]
We’re out of Scotch® tape. You know, the good kind – the invisible tape. I can’t remember the last time we even ordered it. Are we using much less Scotch® tape these days?
Or are we buying it such bulk that it last years?
(Or has Lulu been doing such a great job keeping us stocked for the last many years – so I’ve never wanted for anything?) Though, I’ve got to tell you, the one thing that keeps running out is the toner on the printer. (Actually, several things – since it requires 4 color cartridges and another set of something similar, I forget what those are called.)
And have you ever noticed that your copy machine and printer keep running out paper? If you don’t refill it before each print run, it’s bound to run out in the middle of a tax return. Or is it just that the few tax returns we actually print out are so bulky they practically eat up a ream of paper.
Speaking of running out. I read a rather frightening editorial by Robert Silverberg in the June issue of Asimov’s Science Fiction magazine. It was called The Death of Gallium.
Though usually Silverberg’s Reflections column reflects on
fascinating literary matters, this time, he’s noting the dearth
of key elements that are being depleted.
You’ve probably never even heard of gallium. Yet it is a key element in the composition of liquid crystal displays – the one you’re probably looking at right now. Expect element 31 to be depleted by 2017. Expect hafnium (element 72), used in computer chips and nuclear reactor rods to be depleted by 2017. And even ordinary old zinc (element 30) – gone by 2037. The Periodic Table of Elements
What can we do about things like this? Here’s an idea.
Congresswoman Nydia M. Velázquez, chair of the House Committee on Small Business had a hearing yesterday to explore the idea of modernizing the tax code with respect to small business. Clearly, it was held at a really inconvenient time for those of who really work with small businesses – or ARE small businesses. The Committee issued a report – and TaxMama analyzed it.
Incidentally, tune in to MarketWatch.com for their April 24-25th Job Fair issue. In addition to all the goodies there, you’ll also find a really helpful TaxMama article on what do if you suddenly find yourself unemployed.
What else do we have for you today?
This week’s Money Funnies tests to see if you’re smarter than a pre-schooler. And there’s a bonus with some other fun games and quizzes.
IRS News, IRS spokesman Eric Smith gives us the list of extended filing deadlines for those in the combat zones, and folks in areas hit by disasters right here in the USA. And speaking of disasters, you have some payment options if your tax return shows a balance due.
TaxQuips this week contains passionate discussions about whether love is more important than money; we dispel tax myths; explain how the child care deduction works; and meet a man who can afford a million dollar home——hmmm….right here in Northridge, no less. Wanna be my new best friend?
This week’s Job Advice helps you realize just how big your network of contacts really is.
As always, we love your feedback, opinions and ideas.
You are what makes all this fun – and interesting!
Please use the Comments link online.
Hugs from your favorite TaxNerd,
Eva Rosenberg, EA
Your TaxMama is watching…out for you.
TAX CALENDAR 2008
03.17.2008 S-Corp Election Decision Due (if Applicable)
03.17.2008 Corporate Returns or Extensions Due / Calendar Year Corps
03.15.2008 Get Personal Data to me if you want to file by April 15th
03.17.2008 Employers Make monthly Payroll tax deposit
03.17.2008 Electing Large Partnerships – Issue K-1s to partners – even if you’re on extension
04.15.2008 Personal, Partnership Returns or Extensions are due
04.15.2008 1st 2008 Estimated Payment Due
04.15.2008 Employers Make monthly Payroll tax deposit
04.30.2008 Quarterly Payroll Taxes Due
04.30.2008 Quarterly Sales Taxes Due
06.16.2008 2nd 2008 Estimated Payment – all entities Due
06.16.2008 Personal Tax Returns Due for US Taxpayers overseas
06.16.2008 or File extensions for US Taxpayers overseas Form 4868
SPECIAL GIFTS FROM TAXMAMA – FREE – REALLY!
Keep your Resolutions:
Here’s a well-thought-out e-book to help you start the
year off properly. It contains a place for you to
list your promises to yourself – and lots of tools to
help you achieve your goals.
Download the book here (just use your e-mail address in this e-mail, so you can avoid subscribing to
my newsletters twice.)
Feel free to share this link with your friends, your clients and your mailing list.
Explore Simpleology 101 - It includes set of step-by-step daily missions for you to follow to get more focused and become more successful this year.
You can check them off as you go.
Audio and Video Training
Is 2008 the year you learn to put use audio and video
on your websites or online? Here are some excellent
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Join David at AudioAcrobat.com
Join SuccessNet.org for free and you’ll be able to give Michael Angier’s ‘101 Best Year-End and New Year Questions’ to everyone you know. It’s an excellent way to open a dialog with those close to you – and to ensure that 2008 will be a great year.
ThinkGeek has some wonderful, unusual stuff, including something very like a Dick Tracy watch – a touchscreen cell phone PDA watch. They also have the USB Memory watch that holds 2GB of data.
Open your own Zazzle account and create personalized
gifts to your family and friends.
You don’t need to use my designs – use your own photos and artwork.
Join SuccessNet.org (FREE!) and you’ll be able
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Year Questions’ to everyone you know. It’s an excellent
way to open a dialog with those close to you – and to
ensure that 2008 will be a great year. And there’s no
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Need a Corp, LLC, Registered Agent
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Similar discounts on Registered Agent services.
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Summer Family Identity – 3 Choices:
Zazzle – Cafe Press – Queensboro
Since it’s summer, and you’re probably going to be traveling with your family, consider getting matching T-shirts and/or hats.
(DO NOT PUT ANYONE’S NAME ON THEM – you’re just asking strangers to kidnap your children!)
But do put everyone’s picture – so even if you don’t know the local language, you can point to a family member and ask if anyone has seen him or her. Or use a graphic or piece of art you all like. You’ll find three options right here in our SPECIAL DEALS section.
Use your art or others – and customize it
Zazzle your Imagination. Are you a TaxNerd?
Tell everyone – proudly!
Create your own customized Zazzle Apparel, bags or more.
Get volume discounts on orders of 2 or more.
Get extra discounts for yourself and friends after you order.
Stuff for Back to School and Back to Work
Cafe Press is the home of TaxMama’s shops
But you can upload your own art and graphics and unify your family – even your pets.
Get extra discounts for yourself and friends after you order.
WOW DEAL! Embroidery
Wouldn’t you love to get your logo or family crest, or picture or whatever, EMBROIDERED on hats and T-Shirts?
Well, it costs a heck of a lot less than you think.
And there’s always a sale!
At the Queensboro Shirt Company
(They have a lot more than shirts – and all sizes)
They do a gorgeous job.