Tag Archives: Entertainment

Disability Wages

Today TaxMama hears from Leslie in the TaxQuips Forum who makes an excellent point. “When a Member of the Screen Actors Guild becomes disabled, in order to receive their Pension, they must sign paperwork. One of the acknowledgments is that “You have been made aware that FICA should not be taken out of your residuals […]

TaxMama’s Tax Roundtable – October 2011 Session

  October 20, 2011 Tax Roundtable TaxMama’s Tax Roundtable is a monthly live discussion open to all TaxMama Family Members and all TaxMama’s EA Exam and Solving the Tax Puzzle Students. REPLAY today’s session below – you can listen and SEE the session and forms. Today’s topics included: – New provider for RTRP exam announced […]

Ask TaxMama Issue 618 – If Only I Had Known

  Dear FAMILY, The other day, I was talking to someone and he said something that really hit a chord with me. I’ve made mistakes, or bad decisions. There are times when I wish I had something differently. Over the years, in my career, in my business, in my tax practice, there were choices or […]

Netting Gambling Losses

  Today TaxMama hears from Linda in the TaxQuips Forum who wants to know. “How do I prove to the IRS that we can now net gambling losses against gambling winnings, per day, per gambling establishment, instead of deducting these losses on Sch A?

Vacation to Orlando

Today TaxMama hears from Shaun in the TaxQuips Forum who wants to write off his vacation. “My son and I are traveling to Florida. I have a property in Jacksonville, FL that I need to check on. Can I fly in and out of Jacksonville to take care of business? Then drive to Orlando for […]

TaxMama’s Tax Roundtable – April 2011 Session

TaxMama’s Tax Roundtable is a monthly live discussion open to all TaxMama Family Members and above, and all TaxMama’s EA Exam and Solving the Tax Puzzle Students. REPLAY today’s session below – you can listen and SEE the session and forms. It will load slowly…perhaps slowly. But it will load

Ask TaxMama Issue 591 Daylight Savings Time

Dear Family,  On Friday’s, I try to devote the morning to writing and compiling Ask TaxMama. But the phones keep ringing today – generally with people I love to hear from. So, the conversations do take much longer than they should.  This weekend we change the clocks, right after midnight Saturday night (or in the […]

Sage Sayings

 1 – I’d kill for a Nobel Peace Prize.    2 – Borrow money from pessimists — they don’t expect it back.    3 – Half the people you know are below average.

The Economics of Divorce

  A woman says to her mother, “I’m divorcing Jeff ! All he wants is sex, and my you-know-what is now the size of a 50 cent piece when it used to be about the size of a nickel.” 

A Cozy Bit of Nostalgia

Remember when… All of the girls had ugly gym uniforms? It took five minutes for the TV to warm up? Nobody owned a purebred dog? When a quarter was a decent allowance?

Not Your Meals

Today TaxMama hears from Megan who is appalled, “I heard that when deducting expenses for a business lunch (say, you and a client went out for lunch to talk shop), you are only allowed to deduct 50% of the price of the meal. That is, only their portion of the bill as a legitimate tax […]