Tag Archives: Filing

Hiring Your Children

Today TaxMama hears from Ann in the Tax Quips Forum, with a reasonable question. “A woman pays her 13 & 15 year-old children to do office copying, collating, help distribute flyers, and help put on story plays for their author parent. If she were to hire an outside service, she would pay considerably more money […]

Do I have to File a Tax Return?

    Courtesy of IRS [TaxMama note: ALWAYS file tax return, whether you need to or not. Once you file, you start the clock ticking on the 3 year statute of limitations for audit. If you never file, IRS or the state can come back and ask for a tax return for  that year, forever.] You […]

Marriage or Education

Today TaxMama hears from Mary in Florida, with this problem. “I am finishing up my degree in nursing – and I am about to get married this year. But if I file a married return, I will lose my financial aid. And my tuition is over $30,000 per year. What do I do?”