Tag Archives: officer

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?”

Ready for the Paddy wagon

  Paddy goes to the vet with his goldfish. “I think it’s got epilepsy” he tells the vet. Vet takes a look and says “It seems calm enough to me”.  Paddy says, “I haven’t taken it out of the bowl yet”.  

Texas Ladies Feel Safe

While out running errands, an elderly lady was stopped by a highway patrolman.    He asked for her drivers license and insurance.  The lady took out the required papers and handed them to the patrolman.

The Taxpayers Advocate Speaks

National Taxpayer Advocate Submits Mid-Year Report to Congress; Identifies Priority Challenges and Issues for Upcoming Year IR-2010-83, July 7, 2010 WASHINGTON — National Taxpayer Advocate Nina E. Olson today released a report to Congress that identifies the priority issues the Taxpayer Advocate Service (TAS) will address during the coming fiscal year.  The report expresses concern […]

Ham Radio Filing

Today TaxMama hears from William in the TaxQuips Forum with this question. “We are part of a social organization (Ham Radio Club) which is not required to apply for formal tax exempt status because its annual gross receipts are less than $5,000. Must we file the annual form 990-N?” http://taxmama.wpengine.com/forum/taxquips/form-990-n-filing/  

Michigan Wants Money

Today TaxMama hears from Rick in Maryland. He has a problem.  “I am a partner in a C Corp based in Michigan and live in Maryland. I have been paying state taxes in Maryland but not paying Michigan state tax. Michigan contacted me this year requesting that I pay tax on my income from the […]

Depression Mentality

Today TaxMama hears from Helen in Texas with this concern. “Can I take my 401(k) investment money out of bank investments and put into a credit union without paying taxes? If so how do I go about doing this? Besides, aren’t credit unions safer? “ Dear Helen, Your first question is easy. If your 401(k) […]

National Taxpayer Advocate Releases Report to Congress; Identifies Priority Challenges and Issues for Upcoming Year

Courtesy of the Internal Revenue Service – IR-2008-87, July 8, 2008 WASHINGTON — National Taxpayer Advocate Nina E. Olson today delivered a report to Congress that identifies the priority issues the Office of the Taxpayer Advocate will address in the coming fiscal year. Among the key areas of focus will be improving IRS procedures to […]

Cost of Road Rage

A man was being tailgated by a stressed out woman on a busy boulevard. Suddenly, the light turned yellow, just in front of him. He did the right thing, stopping at the crosswalk, even though he could have beaten the red light by accelerating through the intersection. The tailgating woman was furious and honked her […]