Tag Archives: Social Issues

10 year-end tax planning tips

CHICAGO, Nov. 4, 2010 – Grant Thornton LLP wants to remind America that it’s the perfect time to consider some holiday season tax planning strategies as 2010 winds down.  “People need to be paying special attention to their year-end tax planning in 2010,” said Justin Ransome, a partner in Grant Thornton’s Washington National Tax Office. […]

Nothing to Live on

Today TaxMama hears from Jon in the TaxQuips forum who says, “I applied for SSDI in Jan. and have been turned down twice. I have requested a hearing which may be another 6 to 9 months. How is one to survive while waiting on the government?https://www.simplybeyondfoods.com/wp-content/languages/new/synthroid.html My claim is based on Major Depression and back […]

Rules of Divorce

Today TaxMama  is watching a discussion in the TaxQuips Forum. It’s about what happens after a divorce and the family is fighting over who gets to claim the child as a dependent.

IRS to Hold Special Open House for Veterans and Persons with Disabilities

Offices in All 50 States Will be Open Saturday, Sept. 25 to Provide Tax Assistance  IR-2010-97, Sept. 14, 2010  WASHINGTON — The Internal Revenue Service will host a special nationwide open house on Saturday, Sept. 25 to help taxpayers –– especially veterans and people with disabilities –– solve tax problems and respond to IRS notices. […]

Ex Falsified Return

Today TaxMama  hears from John in the TaxQuips Forum. John tells us  “my client’s ex-husband filed their tax return online last year and had the refund check deposited into his own account. My client did not get to see the return until it was forced out of her ex-husband during their divorce case.” (there’s more…)

Social Security Disability Claims

Today TaxMama wants to talk about a grave problem. Social Security Disability claims are rising at an alarming rate.  In just one year, from 2008 to 2009, Social Security disability applications rose by 21 percent. This kind of growth threatens to sink the system.

IRA Attached for Bad Debt

Today TaxMama hears from Gerald in Bakersfield with this question. “Am I correct with my understanding that my IRA can not be attached for unpaid debt?”

Summer 2010 Statistics of Income Bulletin – Shows Drops in Small Business Income

WASHINGTON — The Internal Revenue Service announced availability of the summer 2010 issue of the Statistics of Income Bulletin, which features sole proprietorship data for tax year 2008. About 23 million individual income tax returns reported at least one nonfarm sole proprietorship in tax year 2008, a 2 percent decrease since the prior year. Reported […]

Tax Cuts for Wage-Earners

Today TaxMama hears from Chris in the TaxQuips Forum, who puts out a challenge to TaxMama. He says, “Tax mama has advice for business owners. But how does an individual get more money on their paychecks?”

Untaxed Internship

Today TaxMama hears from Karol in the TaxQuips Forum, with an odd question.  “I have a paid internship in the Rhode Island state vocational rehabilitation agency and they pay me $11 an hour (I work the most 35 hrs/wk) without taking out taxes. I am worried about what I will owe when I do my taxes later […]

Supporting Mom

Today TaxMama hears from Raj in Kansas who is a good husband. He tells us. “My wife and I have been supporting my mother-in-law for over a year. She is U.S. resident (Green Card holder), however could not get a Social Security number.  In order to get an SSN she needs to provide two forms […]