Tag Archives: Human Interest

Children Write to God

A teacher asked her class to write notes to God. Here are some of the notes the children handed in: Dear God: I didn’t think orange went with purple until I saw the sunset You made on Tuesday.  That was cool!

Wage Settlement From State

Today TaxMama® hears from Ken in the TaxQuips Forum with this happy news. “Several years ago I worked for a company that ran out of money and couldn’t make payroll. I continued to work for several months with the promise that the wages would be paid. Eventually, I requested a layoff and left the company. […]

Gift to Daughter

Today TaxMama® hears from John in the TaxQuips Forum with this quick question. “I gifted monies ($5,000) to my daughter in 2011. How do I account for this in my 1040 filing? What other associated forms need to be included to do this?”

Charity for Dying Man

Today TaxMama® hears from Jenenne in the TaxQuips Forum with this sad story. “At my husbands job they just found out that a fellow employee has been given 3-5 months left to live. The doctors say nothing can be done for him. Everyone is scrambling trying to get some money together for him to be […]

Ask TaxMama Issue 636 – Womens Week

Dear Family, It’s already been a very busy morning – and I have to run out for an appointment. So my comments will be brief. Thanks a ton to all the people who challenged my advice this week. You did a wonderful job researching capitalizing assets vs. writing them off; proved that under-18 newspaper carriers […]

Winners – Sixth Week – TaxMama’s Ultimate Tax Nerd Contest

It’s Ladies week! The Sixth weeklywinners in TaxMama’s search for the Ultimate Tax Nerd of 2012 are: Melissa Guy for  The Taxorcist Sherry Diamond for  Office birds  

You’ve had too much Quality Assurance when…

1. You ask what the Cafeteria’s core competencies are. 2. You decide to reorganize your family into a “team-based organization.” 3. You consider dating as test marketing.

Bought a House

Today TaxMama® hears from Atomicar in the TaxQuips Forum with this question. “We bought a house in December 2011 and moved in first day of 2012. What expenses can we deduct? (I know we can’t deduct house hunting or moving expenses.).”

Kid With Paper Route

Today TaxMama® hears from Don in the TaxQuips Forum with a little confusion. “My daughter is a widow with 3 children. The kids receive Social Security income from their deceased father’s account. My daughter’s 13-year-old son earned $700 with a paper route & received a 1099-MISC with the amount in box 7 – Nonemployee compensation. […]

Child Tax Credit Trick

Today TaxMama® hears from Gary in the TaxQuips Forum with a brilliant observation. “I was working on a tax return for a married couple with income too high to receive the $1,000 Child credit. I have found (just recently) that if one of the spouses has a much lower income, or no income, filing them […]

Winners – Fourth Week – TaxMama’s Ultimate Tax Nerd Contest

The Fourth weekly winners in TaxMama’s search for the Ultimate Tax Nerd of 2012 are: Clint Masser wins again with It’s a Bird, It’s a Plane. Caroline Lees for Like Talking to a Stone

Marrying for Love

Today TaxMama® hears from Someone Privately with a romantic story. “My client was deeply in love with a woman who was dying of cancer. To demonstrate their love, they got married in July of 2011. She died in February 2012. The problem? She had a lot of tax debt, spanning several years. How do we […]