Ask TaxMama Issue 541 – Speaking the Same Language

Happy International Mother Language Day

Dear Family,

This is one of those tough mornings. I was up most of the night writing and can barely stay awake this morning. Come on, this is silly. I used to pull all-nighters all the time with no ill effects. Why is it so hard to keep my eyes open today? Hmmm…must be the gloom and drizzle. Perhaps if it were less cloudy, and the bald-faced opossum were not rambling across my fence, I’d be more awake and aware. I know, some of you find that creature cute and adorable. Rick calls them one of God’s mistakes.

Bizarre things happening this week. A serious case of misplaced anger yesterday. You can read about it in today’s MarketWatch column.

And interest message I’ve gotten this week from tax professional whom I’ve ugpraded to full family members. In both cases, they said something like, sheesh, you have no idea what a rough day it’s been. You’ve just brightened up my day.

My friends, it occurs to me that there is never a wrong time to do something nice for someone. Surprise someone with a totally random, unexpected act of kindness today.

This is International Mother Language Week. Tamie and I were discussing the languages we learned growing up. Knowing, smugly, that we can revive our fluency in those languages in no time at all. So, who is the next generation so indifferent to learning the language of their parents and grandparents.

Some children be really odd. I had a friend once who used to tell me about the strange lady who lived with them. She used to sit in the corner of the house with her steaming samovar. He rarely spoke to that weird creature. (That’s how he saw her.) Speaking to his mother, I learned this man had been speaking of his grandmother! Since he couldn’t communicate with her, in his mind, she barely existed. That’s so sad.

Solution? If your relative, or your childrens’ speak a language your children don’t understand, help them learn to communicate.

Meanwhile, back on the ranch…we’ve been busy making things work better in the system for you. I think the log-in and password systems finally work. Keeping my fingers crossed. Please remember to log into TaxMama.com before you click on any links here today.

One of the most common log-in problems we have discovered is people who never registered for the new site. Yup, the system can’t send you a password because you didn’t create one.

TaxMama’s Resource Center. contains lots of quick links, and ebooks – one on Everything You Wanted to Know About the EA Exam; the other on What Records Must You Keep.
https://taxmama.wpengine.com/free-member-resources/

In the Family Resource Center you will find more special links, including information about the EA Exam and the Tax Court examination. You will also find ebooks about an Offer in Compromise; The Top 15 Things People Do Wrong in their bookkeeping; 4 tax secrets that will change your life; and the 2009 Year-End Update. I am still working on the update to the 100% Home-Based Business Tax Solution. That e-book will be included in your Family Membership.
https://taxmama.wpengine.com/family-member-resources/

More new things will be added next week.

Have you added a helpful tip to WeFoundASolution.com this week.
https://wefoundasolution.com/

In IRS News today we learn about Top Ten Facts about Taking Early Distributions from Retirement Plans and More on First-Time Homebuyer Credit Documentation
https://taxmama.wpengine.com/category/asktaxmama/irs-news/

This week TaxMama’s TaxWatch explores anger against the IRS, plane crashes and hopeless situations. 
https://www.marketwatch.com/taxes

In today’s Money Funny we see what happens when the good senator dies.
https://taxmama.wpengine.com/category/asktaxmama/money-funnies/
In TaxQuips this week we learn if you can deduct the mortgage and property taxes on both homes you own – when you rent out one of them to a sibling; about how to fund your solo 401(k); what to do when your expenses on your rental property are higher than your income; and what kinds of expenses are deductible for folks who volunteer in feral cat organiations.
https://taxmama.wpengine.com/category/tax-quips/

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

Please use the Comments link online.
https://taxmama.wpengine.com/ask-taxmama-issue-540-a-long-weekend

TaxNerd gear makes a bold statement year-round. And it helps attract the opposite sex!
Shop at www.taxnerd.net or https://www.zazzle.com/taxmama*

Hugs from your favorite TaxNerd,
https://www.zazzle.com/taxmama*

Eva Rosenberg, EA

Your TaxMama®  is watching…out for you.

www.TaxMama.com
www.snurl.com/homebiz-tax
www.TaxMama.com/TaxQuips
www.IRSExams.com
www.TaxNerd.net

==============================
—————————————–
TAX CALENDAR
https://www.taxmama.com/taxcalendar.html
—————————————–      

03/01/2010 File Paper copy W-3’s with Social Security Admin including copies of W-2’s
03/01/2010 File paper copy of US transmittal of US information Returns
03/01/2010 Farmers & Fisherman – Use Personal Income Tax Return – Sole Proprietor
03/16/2010 S-Corp Election Decision Due (if Applicable) 
03/16/2010 S Corporate Returns Due / Calendar Year
03/16/2010 Issue K-1’s S Corporate Returns / Calendar Year
03/16/2010 Corporate Returns Due / Calendar Year
03/16/2010 Corporate Returns/S Corp Extensions Due / Calendar Year
03/16/2010 Foreign Persons US Income subject to withholdings
03/16/2010 Annual Tax Return of US Income subject to withholdings of Foreign Persons 
03/16/2010 Employers Make Monthly Payroll tax deposit on the 15th of each month
03/16/2010 Electing Large Partnerships – Issue K-1s to partners – even if you’re on extension 
03/31/2010 Electronic filing of W-3’s with Social Security Admin including issued W-2’s
03/31/2010 Electronic filing of US transmittal of US information Returns
—————————————–
From TaxMama® to You!
—————————————–

Follow TaxMama®’s Tweets – https://twitter.com/TaxMama

You are invited to put a TaxQuips Widget on your phone, social networking page, website, or… You’ll get the TaxQuips as soon as they published – long before they are distributed in by e-mail. It’s a nifty gadget. Just pick up the code and paste into your site or application.
https://www.widgetbox.com/widget/taxmamas-taxquips-daily-tax-podcasts

Download TaxMama’s 2010 iphone Tax Calendar. My gift to you.
https://snurl.com/taxcalendar

Never miss a tax deadline again!
The customizable tax calendar is here.
Add or Remove dates. Add your own reminders – get alerts.
https://snurl.com/itaxmamapro

—————————————–
SPECIAL DEALS
—————————————–
===> 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
https://go.asktaxmama.com/incorp (no code needed)

===> Business Uniforms – 3 Choices:

Zazzle   –   Cafe Press  – Queensboro

===> Use your art or others – and customize it
Great for promotions – and to gear up for tax season!

Zazzle your Imagination.  Are you a TaxNerd?
Tell everyone – proudly!
https://www.zazzle.com/taxmama*

Create your own customized Calendar at Zazzle
https://www.kqzyfj.com/click-241922-10414512
Get volume discounts on orders of 2 or more.

Get extra discounts for yourself and friends after you order.

===> Stuff for Pets and Pregnant Moms

Cafe Press is the home of TaxMama® ‘s shops
https://www.cafepress.com/taxmama

You can upload your own art and graphics
https://www.jdoqocy.com/click-241922-10463747

Get extra discounts for yourself and friends after you order.

===>WOW! Embroidered Logo on ANYTHING – on sale!

Always a sale at the Queensboro Shirt Company
https://www.queensboro.com/index.html?ref_id=632192
(They have clothes and novelties – and all sizes)

They do a gorgeous job.

—————————————–
EA EXAM NEWS & SOLVING THE TAX PUZZLE
—————————————–

Take TaxMama®’s 2010 EA Exam Review Class
https://irsexams.com/ 

Folks are asking about the 2010 schedule.
We will post it at the end of this month.
Early bird registration for 2010 will open after this year’s tax window closes –
on March 1st.

Registration is still essentially closed for 2009 Self Study classes.
We will be posting all the new information next week with new study tools you’re going to love!.
https://irsexams.com/registration/

Read the ebook –  Everything You Wanted to Know About the EA Exam
https://taxmama.wpengine.com/free-member-resources/
=== CPA Exam Review

Looking for a great course?

You can’t do any better than this!
Phil Yaeger’s CPA Exam Review Course
https://www.yaegercpareview.com/

One thought on “Ask TaxMama Issue 541 – Speaking the Same Language

  1. Pingback: TaxMama

Leave a Reply