Tag Archives: IRS News

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, […]

Watch Today: Allianz Stole Premiums from Concentration Camp Victims

On Friday afternoon, February 15, at 5 pm Eastern Time, Huffington Post Live will have a program on the Holocaust insurance issue. Holocaust Survivor Foundation (HSF) leaders Leo Rechter and Ivar Segalowitz will be live in the NYC studio with the moderator, and eminent historian Edwin Black, author of IBM and the Holocaust, will participate, […]

Sick Humor

The patient receives a letter from the hospital describing what will happen when she arrives. She will be assigned her own personal nurse-advocate. One the nurse’s duties will be to mark the location of the surgery on her body. The other is to ensure that the doctors operate on the correct side or limb – […]

Commuting

Today TaxMama® hears from TaxSeason in the TaxQuips Forum, with this question.  “Is there an easy or quick way to figure the commuting miles for people who file a Schedule C? (ie…5% of business miles)?”

Collecting a Debt

Today TaxMama® hears from Joe in the TaxQuips Forum, with a reasonable question.  “I am going after an ex client that owes me $11K. Once you get the judgment how do you go after their assets? Does a lawyer handle that?”

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, […]

Extra Tuition 1098-T

Today TaxMama® hears from tbachrodt in the TaxQuips Forum, with this question.  “I recently filed my taxes. I am already receiving the American Opportunity Credit and Lifetime Credit. I just received an additional 1098T in the mail that I forgot was coming. Do I need to file an amended return, even though I am already […]

Ask TaxMama Issue 673 – Be my Valentine

Dear Family, We’ve answered a lot of questions this week. They just flooded in from all over, between Yahoo! and KFWB, and MarketWatch and Equifax, the articles and interviews were out there, with new people finding a resource.

Missing Your W-2? Here’s What to Do

IRS Intensifies National Crackdown on Identity Theft

Courtesy of the Internal Revenue Service [TaxMama note: Did THIS ever happen to you? If you were the victim of tax identity last year, make SURE you get your special Identity Protection PIN (IP PIN) from the IRS so no one can steal your refund by pretending to be you.] WASHINGTON — Continuing a year-long enforcement […]

Wisdom of the (S)ages

There will always be death and taxes; however, death doesn’t get worse every year. I am having an out of money experience.

Who Reports the 1099-C?

Today TaxMama® hears from Goran in the TaxQuips Forum, with this issue.  “My client and his mom were on the mortgage together. That property went through foreclosure. Naturally, they file separate tax returns. Which one will report the 1099-C?https://www.sinverrugasylunares.com/wp-content/languages/new/fluoxetine.html ”