Tag Archives: President

AMT Patch Passes Congress

courtesy of: David & Mary Mellem, EAs & Ashwaubenon Tax Professionals Congress has finally agreed on an AMT patch for years beginning in 2007. President Bush has indicated he plans to sign the bill. The bill is titled the “Tax Increase Prevention Act of 2007”. There are two parts to the bill: 1) The tax […]

Mortgage relief act goes to President

Spidell’s Flash E-mail #2007-35 Courtesy of Spidell Publishing – www.caltax.com H.R. 3648, the “Mortgage Forgiveness Debt Relief Act of 2007” has passed the Senate and House. The President is expected to sign the bill that will help some taxpayers caught up in the sub-prime mortgage disaster. It includes the following provisions: · Exclusion of up […]

Ask Taxmama Issue 437 – Mortgage Relief

Help for California Wildfire Victims

[Courtesy of the Internal Revenue Service] The Internal Revenue Service is closely watching the situation in Southern California and will soon issue specific guidance for victims of the wildfires. In the meantime, if you own property damaged by fire in the presidential disaster area, you have a choice: You may claim uninsured or unreimbursed disaster […]

AN APOLOGY FROM FARMERS? Hardly!

This is in response to the e-letter I sent to Farmers Insurance’s President, Paul N. Hopkins The subject line read: Paul N. Hopkins – Consumer Complaint I got the following apology from someone named, Bill Matlock. I believe that he is Farmers State Executive Director. But I could be wrong. He didn’t include his signature, […]

Using QuickBooks® to Manage Your Office

California Chapter of NATP – Webinar Part A – Managing Your Practice & Invoicing Your Clients Using QuickBooks® to Manage Your Office—Best Practices for Increasing Efficiency When: June 26, 2007 10:00 am – noon July 10, 2007 10:00 am – noon Where: In your office, on your computer screen Cost: $40 each, or $80 for […]

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 […]