Tag Archives: Internal Revenue Service

Supporting Family

Today TaxMama® hears from Sue in the Tax Quips Forum with this issue.https://theoryofknowledge.net/wp-content/languages/new/writing-services.html “My parents are both unemployed and lived with me all year. My dad did receive unemployment, but it was about $3,300 for the entire year – my mom did not receive any unemployment. My younger sisters also lived with me – they […]

Holiday Business Gifts

Today TaxMama® wants to talk about business-related gift-giving for the holidays .

TaxMama s TaxQuips Travel Writing

Today TaxMama® hears from Excel in the TaxQuips Forum with an interesting question. He asks how to write off his travel. You can read my answer to him in the TaxQuips Forum. But what I’d like to do today is to provide more general tips about how be a legitimate travel writer – for tax […]

IRS Strengthens Integrity of ITIN System

Courtesy of the IRS For more information about the reason the system needs strengthening…read TaxMama’s MarketWatch article. WASHINGTON –– The Internal Revenue Service announced today updated procedures to strengthen the Individual Taxpayer Identification Number (ITIN) program requirements. The new modifications and documentation standards further protect the integrity of the ITIN application and refund processes while helping […]

The Dreaded IRS Audit Notice

While we’re waiting for the TaxQuips Forum to go back up, today TaxMama® wants to discuss what to do when you get an IRS audit notice.buy lasix online cpff.ca/wp-content/languages/new/mg/lasix.html no prescription

Death Taxes Intrigue

Today TaxMama® wants to have a little fun while I am waiting for all my emails to download.  During our Thanksgiving vacation, I had time to do some reading. Let me introduce you to Diane Kelly, a CPA and writer – and her very interesting protagonist, Tara Holloway, a rather feisty IRS Special Agent.

IRS Steps up Quickly to Help Hurricane Sandy Victims

Last week, before Commissioner Doug Shulman left, he made sure that the IRS was in  position to cut red-tape and make life easier for Hurricane Sandy victims. Tax Relief for Victims of Hurricane Sandy in Connecticut, New Jersey and New York Victims of Hurricane Sandy that began on Oct. 27 in parts of Connecticut, New […]

IRS Warns Consumers of Possible Scams Relating to Hurricane Sandy Relief

Courtesy of the Internal Revenue Service The Internal Revenue Service today issued a consumer alert about possible scams taking place in the wake of Hurricane Sandy. Following major disasters, it’s common for scam artists to impersonate charities to get money or private information from well-intentioned taxpayers. Such fraudulent schemes may involve contact by telephone, social […]

Care and Feeding of your PTIN Series – Session 2 – The RTRP Exam

The IRS established new regulations for tax professionals recently. After nearly 100 years without any form of tax preparer licensing or overview, it’s time for tax preparers to exhibit that they have a fundamental understanding of tax law, tax preparation and ethical standards. Now there is a new exam that ALL otherwise uncredentialed tax preparers […]

Medical Marijuana

Today TaxMama® hears from John in the TaxQuips Forum, with this quick question.  “Can a new marijuana business in CO and WA declare business deductions on a federal tax return?”

Ask TaxMama Issue 664 – Honoring Veterans Weekend

Dear Family, In honor of Veterans’ Day this weekend, in IRS News  we are reminded that time is running out to get a substantial tax credit for hiring a veteran this year. The special, expanded tax credit will end on December 31st. So start interviewing now. Another special opportunity is open until December 31st. In […]

Employer Leave-Based Donation Programs to Aid Victims of Hurricane Sandy

[TaxMama Summary: As long as the employer and employees follow the IRS guidelines, employees will be allowed to donate their sick pay, vacation pay or personal leave payments to the organizations helping victims of Hurricane Sandy. Effect on Employees: The amount donated will not be added to employees’ wages – so they will not have […]