Tag Archives: Georgia

Construction Sales Tax

Today TaxMama® hears from Yimmy in the TaxQuips Forum, who wants to know.  “I moved into a newly constructed home in Oct. 2012. Are the sales taxes paid on the construction materials used in building the home tax deductible? The home is in Georgia.”

IRS Just Sent Back My 2012 Tax Return

I just received my tax return for 2012 back from the IRS. Not clear why. I am confused! They are questioning how many dependents I claimed. I guess it was because of my response to the question: “List all dependents?”

IRS Has $1 Billion for People Who Have Not Filed a 2008 Income Tax Return

IRS YouTube Videos: Haven’t Filed a Tax Return in Years?:English | Spanish | ASL IR-2012-26, Feb. 23, 2012 WASHINGTON — Refunds totaling more than $1 billion may be waiting for one million people who did not file a federal income tax return for 2008, the Internal Revenue Service announced today. However, to collect the money, […]

Help the US Deficit – Don’t Ever File Your 2007 Tax Return!

Video: How to Request a Copy Your Tax Return: English IRS Has $1.1 Billion for People Who Have Not Filed a 2007 Income Tax Return WASHINGTON — Refunds totaling more than $1.1 billion may be waiting for nearly 1.1 million people who did not file a federal income tax return for 2007, the Internal Revenue […]

Home Office Red Flag

Today TaxMama hears from John from Georgia, who is wary. “I run my network marketing business from home, but heard that taking an office in home deduction is a red flag to IRS. Help!”

A Million Bucks

Today TaxMama hears from Jimmy in Georgia, who just got lucky. “If someone gives me $1 million as a one time gift, will I be taxed on the money? If so, how should I receive the gift to eliminate paying taxes on the money? Should I get it in stock, bonds, or in cash? I […]

Rental Donation

Today TaxMama hears from Brian in Georgia with an interesting proposition. “We have a second home (cabin) where our family hangs out from time to time but it is not on a rental program of any kind. If I were to donate a week or two to a charity for fundraising, could I write off […]

Owe my Soul To The IRS

Today TaxMama hears from Debra in Georgia with these problems. “I had almost no income in 2007 from losing my job. I had to live on withdrawals from my 401k. Due to the penalties I am still paying this debt to the IRS. My home was also foreclosed on in the same year. Could I […]