Ask TaxMama Issue 618 – If Only I Had Known


Happy Sukkot


The other day, I was talking to someone and he said something that really hit a chord with me. I’ve made mistakes, or bad decisions. There are times when I wish I had something differently. Over the years, in my career, in my business, in my tax practice, there were choices or decisions to make – that fork in the road, right. And much as I love Robert Frost’s poem The Road Not Taken, sometimes, we might be better of taking the road more traveled. We wouldn’t have to battle nearly so hard to blaze a trail, or beat path. 

What was it my friend said that caught my fancy so well? 

He described what it is I do – here, in my classes, in my articles – and especially, most especially in my book, Small Business Taxes Made Easy.  I teach you the things I wish I had known when I started my ventures and adventures. By teaching you what I have learned in many decades of business, tax representation, relationships and more, I am hoping to help you avoid mistakes I have made, or hurts that came my way.   

I know, your passion of exploration demands that you blaze your own path and make your own mistakes. But if I can help you avoid any of them at all, I will have met my goal. 

And oh yes, remember, MONDAY is the final filing deadline for tax season 2011! 

In IRS News this week, we get some last minute tips from the IRS, and an invitation to a phone forum about employee stock options. IRS also alerts tax pros to be sure to sign up for efiling early, in order to be able to prepare tax returns next season.   

In today’s Money Funnies & Inspiration, we visit Paddy, who entertains us with his wit and wisdom.

TaxMama’s Registered Tax Return Preparer Exam Review Class  

STARTING SOON! TaxMama has an 8-hour course designed to help you pass this exam if you feel you need one. However, I advise you to take the exam without paying for any course at all, first.Then, if you still have trouble – come to me! I am customizing key parts of the EA Exam Part 1 course, just for you! Price will be only $99. The live, online course will run two hours per morning, from Nov 1 – Nov 4. It will be recorded, so you can learn it as a self-study course, as well. Reserve your spot NOW! 

TaxMama’s EA Exam Review Class  

Do you want to know more about the IRS Special Enrollment Examination? Please replay Everything you Ever Wanted to Know about the EA Exam.

Next week, TaxMama’s students practice filling out forms for offers in compromise and installment agrements – Learn more about Taxmama’s EA Exam Review Course

Here’s what one student just said about this class:

“With Tax Mama’s class even a stay at home mom with little tax experience can pass the first time and be ready to start a home based business.”

– Susan H

There is still time to sign up for TaxMama’s EA Exam Review Course -and to pass the three exams this year.    There is a Family Member discount of 10%.

CPE-Link – The IRS Practice Series is now a Self-Study course – or a do it yourself course!  

Find more information at –  

Nov 10            11:00am-1:00pm (Pacific)     How Innocent is Your Spouse?   

Nov 16            9:00am-11:00am (Pacific)     Top 10 Tax Changes for 2011Filing 

Nov 21             8:00am-10:00am (Pacific)       Registered Tax Return Preparer Course: Part 1

Nov 23             8:00am-10:00am (Pacific)       Registered Tax Return Preparer Course: Part 2

Dec 14            9:00am-11:00am (Pacific)     Top 10 Tax Changes for 2011Filing 

Jan 13, 2012   9:00am-11:00am (Pacific)     Top 10 Tax Changes for 2011 Filing 

Incidentally, if there is anything else you’d like to learn more about, please let me know. We’ll develop the classes for you. 

TaxMama Interviews

The ABA Journal and US News and World Reports…well, those won’t appear for a few more weeks.

There is another quote in Liz Weston’s Money column

TaxMama Writing:

This week’s Equifax article is  –  Paying Taxes While Living Abroad

AccountingWeb Blog is In For a Pound – a review of a fun new book by Donald Korn.

This month’s MarketWatch article -will be about IRS’s new Voluntary compliance program for employers.
You can find daily TaxQuips into YouTube videos

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 year-round.

Hugs from your favorite TaxNerd,*

 Eva Rosenberg, EA

Your TaxMama®