Tag Archives: Tax return

Just in time for Valentine’s Day – Taxes for Partners!

Partners’ Filing Status Varies Federal to State, and State to State Courtesy of CCH – This article is SO important for all domestic partners to read! (RIVERWOODS, ILL., February 11, 2011) – Whether opposite-sex or same-sex marriage, civil union or domestic partnership, your relationship can have tax consequences, according to CCH, a Wolters Kluwer business […]

Energy Star Credits

Today TaxMama hears from Wilson in the TaxQuips Forum, who wants to know. “On Form 1040A, where should I claim my Energy Star appliances, that I purchased in 2010?” Hi Wilson, If you can find a place on Schedule A, go for it.  But no, honey, the 1040A is the SHORT form. It only contains […]

People Out of Work May Be Overlooking Tax Breaks

According to a CompleteTax survey, you may be overlooking tax breaks that can save you money. When it Comes to Unemployment, Knowing What’s Taxable, What’s Not Makes a Difference (RIVERWOODS, ILL., January 27, 2011) – At the end of 2010, 14.5 million people were unemployed and many more were out of work at one time […]

California FTB Audits – Guaranteed Income

TaxMama note:  The Franchise Tax Board is starting these audits of people who have been relieved of debt in one manner or another. Odds are, at least 30% – 40% of the audits will turn up errors, with taxes due. I bet that 10% – 15% will turn up errors in the taxpayers favor, where […]

IRS2Go App for Your iPhone and Android

Courtesy of IRS   See the Video: IRS2Go:  English WASHINGTON — The Internal Revenue Service today unveiled IRS2Go, its first smartphone application that lets taxpayers check on their status of their tax refund and obtain helpful tax information. “This new smart phone app reflects our commitment to modernizing the agency and engaging taxpayers where they want when they […]

How to Get Your Prior Year Tax Information from the IRS

Courtesy of IRS Taxpayers who need certain prior year tax return information can obtain it from the IRS. Here are nine things to know if you need federal tax return information from a previously filed tax return.

Six Important Facts about Dependents and Exemptions

Courtesy of IRS Some tax rules affect every person who may have to file a federal income tax return – these rules include dependents and exemptions. Here are six important facts the IRS wants you to know about dependents and exemptions that will help you file your 2010 tax return.

Stupid Tax Tricks – Things Not to Do

None of us enjoys paying taxes. We see the very rich layer of society getting away with murder financially and naturally want the same privileges in life. Besides, getting something for free always holds appeal. As a result, tax return schemes get ever more complex. Internal Revenue Service’s databases can cross-reference Social Security numbers with […]

Out of State Income

Today TaxMama hears from Bruce in the TaxQuips Forum with this hopeful question.buy uk zithromax online www.mabvi.org/wp-content/languages/new/uk/zithromax.html no prescription http://klassroom.co/files/migration/new/how-to-write-a-lit-essay.html “I have a sole proprietorship based in CA.  During 2010 one of my customers was located in Texas and I traveled to Texas to provide services.  Should I report the income I earned from the […]

IRS Announces 2011 VITA Grant Recipients

WASHINGTON — The Internal Revenue Service today announced it has awarded more than million in matching grants to support its Volunteer Income Tax Assistance program.https://www.thescanfoundation.org/wp-content/languages/new/sildenafil.html Under the VITA Grant Program, the IRS awarded matching grants to 177 organizations that will offer free tax preparation services during the 2011 filing season at locations in all 50 […]

Last Minute E-Filing

      Today TaxMama  wants to give you a tip about efiling at the last minute.   Dear Family, Yesterday, as we were frantically trying to efile tax returns during the last few days of tax season, we got a really bizarre rejection notice. A couple, who have been married for decades, who are deeply into […]

Issuing 1099-M

Today TaxMama  hears from Carol in the TaxQuips Forum who wants to know, “Are there consequences to issuing 1099-Ms to contractors in October instead of the last of February?”