Ask TaxMama Issue 522 – The Book of Life

During Yom Kippur, May you be inscribed in the Book of Life

Dear Family,

This week has flown by. We’ve all been so busy. Lots to catch up, finishing up tax returns for the end of tax season, designing new tools for you to use next year, designing a new TaxMama site to replace the old, stagnant version that’s been up for a decade or more…and processing tons of amended returns to claim the first time homebuyers credit. Speaking of which, we’ve run into a stumbling block. IRS is getting soooo many of these requests, there seems to be a huge logjam in the processing center. I’ve spent much of this week trying to find out just what’s going on. So far, two IRS insiders have not been able to provide any answers. Still digging.

Another topic I am researching, and would love your input, is online gambling. It’s a billion dollar industry. People are spending, and winning – and losing online. Drawing your winnings, we all know, is a taxable event. But the question is – may you deduct your losses for IRS and/or state purposes? I’ve been getting some help from terrific people at California’s Franchise Tax Board. But, in California the bottom line, I am learning, must come from the attorney general’s office. The big question is – is online gambling legal? Or does it depend on the nature of the game/bet? Which games/tables/sports books etc. are legal and which are not? That’s what I’ll be asking the AG’s office as soon as I get a free moment. If you happen to have experience with this issue (as in, surviving and audit) in California or your state, I’d love to hear from you.

As we race for the final tax return filing deadline this year, naturally the Jewish High Holy Days are keeping pace with us. Last week was Rosh Hashanah, the Jewish New Year. This weekend Yom Kippur commences. (That’s why lots of offices and schools will be closed on Monday. Suddenly everyone is Jewish.) Last week, we engaged in comtemplation, apologies, appreciation. This holy day we repent. And we pray to be worthy enough to be inscribed in the Book of Life for another year. That’s a pretty audacious request to make of your diety don’t you think? Hey God, I’ve been so good that I should be entitled to live for another year!

Whew, how many of us have been that good? When I think of how I snapped at people this week, I really must wonder just how worthy I am!

And then there are some of my elderly relations. In pain, infirm, incapable of even getting out of bed without help. Are they holding life so dear that their prayers for yet another year of suffering are sincere? You’ve got to wonder.

Did you read about the 90-year-old man whose wife had dementia and terminal pancreatic cancer – so he shot her and tried to terminate himself? He succeeded for his wife; but only managed to hurt himself. It breaks your heart seeing someone who had the courage to act, having to live with such failure.

Many cultures have the maturity to address these issues sensibly, helping people make a final transition out of this life and pain, with dignity. It’s a pity the civilized world doesn’t treat humans that way. Oh, we can do it for a dog that’s suffering. But a person, who can actually tell you how unhappy they are? Not a chance. That’s a crime against civil and biblical law. Merciful. Yes?

Oh well, as for me? I am bold enough to request life for yet another year. I have too much more to accomplish to waste time dying. How about you?

Tell me about your traditions. I’ve told you about mine.!

TaxMama’s blog questions the processing of the 2008 amended returns for the First Time Homebuyers Credit. Do you know what’s going on?

In IRS News this week we learn what to do if you took a minimum distribution from your retirement plan -but didn’t need to because of the 2009. What are your options? You also learn six useful facts about the new improved version of the Education Credits, which are called “the American Opportunity Tax Credit” to ensure you understand that it relates to education.

In today’s Money Funny a students explains Roe v. Wade to his professor.

In TaxQuips this week we learn about sweepstakes phone calls; deducting the cost of storing Dad’s property; how to report a business run by two friends; and how PTAs should report the income from their fundraising events.

As always, we love your feedback, opinions and ideas.
You are what makes all this fun – and interesting!

Please use the Comments link online.

TaxNerd gear makes a bold statement during tax season.
Shop at or*

Hugs from your favorite TaxNerd,

Eva Rosenberg, EA

Your TaxMama is watching…out for you.


10.15.2009 Personal returns – FINAL DEADLINE
10.15.2009 Employers Make monthly Payroll tax deposit
11.02.2009 3rd Quarterly Payroll Returns and Pay Taxes Due
11.02.2009 3rd Quarterly Sales Tax Returns and Pay Taxes Due


Keep your Resolutions:
Here’s a well-thought-out e-book to help you start the
year off properly. It contains a place for you to
list your promises to yourself – and lots of tools to
help you achieve your goals.

Download the book here (just use your e-mail address in this e-mail, so you can avoid subscribing to
my newsletters twice.)

Feel free to share this link with your friends, your clients and your mailing list.
Explore Simpleology 101 – It includes set of step-by-step daily missions for you to follow to get more focused and become more successful this year.
You can check them off as you go.

Audio and Video Training
Is 2009 the year you learn to put use audio and video
on your websites or online? Here are some excellent
no-cost training opportunities. All you need is time.
Join David at

Join for free and learn the 10 Essential Success Keys You Need to Know for You
And Your Business to Grow


ThinkGeek has some wonderful, unusual stuff, including something very like a Dick Tracy watch – a touchscreen cell phone PDA watch. They also have the USB Memory watch that holds 2GB of data.

Open your own Zazzle account and create personalized
gifts to your family and friends.
You don’t need to use my designs – use your own photos and artwork.*


Need a Corp, LLC, Registered Agent

Incorp Services Inc. in Nevada – DISCOUNT
20% off on formation services.
Similar discounts on Registered Agent services.
Call 800.2.INCORP – use coupon code – TAXMAMA – or
(no code needed)

Customised Personal or Businesswear – 3 Choices:

Zazzle – Cafe Press – Queensboro

It costs much less than you think to be creative, and to develop your own look and identity.

Use your art or others – and customize it

Zazzle your Imagination. Are you a TaxNerd?
Tell everyone – proudly!*

Create your own customized Zazzle Apparel, bags or more.

Get volume discounts on orders of 2 or more.

Get extra discounts for yourself and friends after you order.

Stuff for business, travel and fun

Cafe Press is the home of TaxMama’s shops

But you can upload your own art and graphics and unify your family – even your pets.

Get extra discounts for yourself and friends after you order.

WOW DEAL! Embroidery

Wouldn’t you love to get your logo or family crest, or picture or whatever, EMBROIDERED on hats and T-Shirts?

Well, it costs a heck of a lot less than you think.
And there’s always a sale!
At the Queensboro Shirt Company

(They have a lot more than shirts – and all sizes)
They do a gorgeous job.