Tag Archives: Mike Reed

Mutual Fund Fees

Today TaxMama® hears from Farmer in the TaxQuips Forum, with a reasonable question.  “Can you take a deduction of Mutual Fund operating expenses (12b fees?) on Schedule A, subject to the two-percent floor?”

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? Plus without a proper address to fit into the tax software, the tax return will not be able to be efiled. It […]

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. 2012. Are the sales taxes paid on the construction materials used in building the home tax deductible? The home is in Georgia.”

Ask TaxMama Issue 648 – 4th of July-ish

Lots of people are taking off early and getting ready for 4th of July in advance. Others are taking a long weekend next week – including my Lulu. Can you imagine – she’s off to a beach party for the 4th of July in a nice secluded cove. It actually looks really nifty. They seem […]

Ask TaxMama Issue 647 – Happy Summer

Dear Family,  Happy Summer! Yes, despite the fact that many of us in sunny climes start to celebrate summer on Memorial Day weekend, the planet didn’t recognize summer until this week.   Finally, this weekend, my mother’s 90th birthday party! I saw the album the girls put together. Lots of wonderful pictures! Lots. But, I think […]