Tag Archives: Internal Revenue Service

IRS Has $917 Million for People Who Have Not Filed a 2009 Income Tax Return

[TaxMama Note: If you have not yet filed for 2009 and have a refund coming – FILE IMMEDIATELY! If you are still waiting for data, documentation or anything else that prevents you from filing, then file a PROTECTIVE CLAIM. i.e. File a tax return. Write PROTECTIVE CLAIM on the top of the first page. Include […]

Mom Provides Child Care

  Today TaxMama hears from Scott in the TaxQuips Forum who needs guidance. “My mother in law babysits for me, and I pay her a flat amount every month to do so. Her only job is working for us right now. She needs 3 more years of income to earn enough credits to be fully […]

Overseas Education

Today TaxMama® hears from Chell in the TaxQuips Forum, with an interesting question.  “Can someone take an educational credit for books and Fees while they are taking a class in a foreign country?buy norvasc generic infoblobuy.com over the counter Plus without a proper address to fit into the tax software, the tax return will not […]

Check Out College Tax Benefits for 2012 and Years Ahead

Courtesy of the IRS WASHINGTON — The Internal Revenue Service today reminded parents and students that now is a good time to see if they qualify for either of two college education tax credits or any of several other education-related tax benefits. In general, the American opportunity tax credit, lifetime learning credit and tuition and […]

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.https://www.giveapint.org/wp-content/languages/new/propecia.html 2012. Are the sales taxes paid on the construction materials used in building the home tax deductible?buy cipro online www.mabvi.org/wp-content/languages/new/usa/cipro.html no prescription The home is in Georgia.”

Webinar: Reconciling the 1099-K and 1099 MISC

This year, people in business or selling on eBay will be getting 1099s from both their banks (or PayPal) and their customers. Often, those 1099s will overlap, telling the IRS that you received much more money than you really earned. There is a trick to reporting these 1099s that will help you avoid audit, while […]

Determining Your Correct Filing Status

Courtesy of the IRS It’s important to use the correct filing status when filing your income tax return. It can impact the tax benefits you receive, the amount of your standard deduction and the amount of taxes you pay. It may even impact whether you must file a federal income tax return. Are you single, […]

Do I Still Owe?

Today TaxMama® hears from TacoBrielle in the TaxQuips Forum, with a common misconception.  “I can’t seem to get a definitive answer about this, so I’m asking here.https://www.parkviewortho.com/wp-content/languages/new/fluoxetine.html I filed my federal return with a refund amount of $1,132. This refund went to the IRS for previous tax debt that was still owed to them.https://www.parkviewortho.com/wp-content/languages/new/propecia.html However, […]

Missing Your W-2? Here’s What to Do