Tag Archives: Iraq

Last Minute Tips from the IRS

Courtesy of the Internal Revenue Service WASHINGTON — The Internal Revenue Service today urged taxpayers whose tax-filing extension runs out on Oct. 15 to double check their returns for often-overlooked tax benefits and then file their returns electronically using IRS e-file or the Free File system. Many of the more than 11 million taxpayers who […]

No Repayment Needed

Today TaxMama® hears from Dave in the TaxQuips Forum, with an excellent question  (let me summarize).  “His friend’s daughter bought a home in 2008 subject to the First Time Homebuyer Credit repayment. During 2011, she was deployed to Iraq for 11 months. Can she file an amended return and have the entire balance of her repayment […]

2011 Tax Cuts

Today TaxMama wants to address the year-end tax stalemate in the U.S. Legislature. Dear Family, It’s SOS Time  – time to step up and Save YourSelves! It’s time to let your legislators know how you feel! You want definitive legislation before the year ends – not pushed into next year. The nation is angry. People […]

Military Homebuyers Credit

Today TaxMama hears from Gloria in the TaxQuips Forum who needs clarification. She says “Military members have almost two more years to use the $8,000 tax rebate. They must have been stationed or deployed overseas for 90 days during 2009 (approximately). My question is whether the 90 days must be consecutive, or whether several short […]

Ask TaxMama Issue 461 – IRS Improves Online Payments

Payment Options Available for Those Who Can’t Pay in Full

Courtesy of IRS – IR-2008-56 WASHINGTON — The Internal Revenue Service reminds taxpayers who owe but can’t pay in full that several options are available to help them meet their tax obligations and save money by the April 15 filing deadline. Taxpayers should file their return on time, pay as much as they can with […]

Three Things to Ponder in 2008

1. Cows 2. The Constitution 3. The Ten Commandments COWS Is it just me, or does anyone else find it amazing that during the mad cow epidemic our government could track a single cow, born in Canada almost three years ago, right to the stall where she slept in the state of Washington? And, they […]

Don’t Overlook Tax Breaks

Tax-filing Extension Expires Oct. 15; Don’t Overlook Tax Breaks, Choose e-file or Free File, IRS Urges IR-2007-165, Oct. 5, 2007 WASHINGTON — The Internal Revenue Service today urged taxpayers whose tax-filing extension runs out on Oct. 15 to double check their returns for often-overlooked tax breaks and then file their returns electronically using IRS e-file […]

Small Business Tax Breaks

Courtesy of NAEA – The National Association of Enrolled Agents Small Business Tax Breaks to Be Sent to President (Again) Congress this week approved a package of small business tax breaks and an increase in the minimum wage; both were tagged onto H.R. 2206, a bill funding the Iraq war through September 30, 2007. President […]

A Message of Love From a WAC – 60 Minutes Veteran Dedication

From Joyce Ragels , EA in Arizona An old friend is the current President of the Women’s Army Corps Veterans Association (WACVA). She just notified me of a special dedication show this weekend. In honor of veterans and their families, 60 MINUTES will be devoting its entire Memorial Day weekend broadcast to the 1st Battalion […]