Author Archives: TaxMama

Proper Employment Tax Treatment of Part-Time or Seasonal Workers

Courtesy of the Internal Revenue Service June 04, 2009 For many businesses, summer traditionally brings an influx of part time or seasonal workers into the work force. Employers must ensure they are treating these workers properly for employment tax purposes.https://mannadew.co.uk/wp-content/languages/new/synthroid.html Generally, workers are either employees or independent contractors, based upon the facts and circumstances of […]

Expiring Homeowners Credit

Today TaxMama hears from Penny in Kansas who is confused. “Have you heard anything about the new home tax credit having to be used by Monday, June 29, 2009?https://www.giveapint.org/wp-content/languages/new/fluoxetine.html A couple of realtors have told clients that the money’s running out.order azithromycin online medstaff.englewoodhealth.org/wp-content/languages/new/order/azithromycin.html no prescription https://www.giveapint.org/wp-content/languages/new/amitriptyline.html If we are going to get the credit, […]

Ask TaxMama Issue 510 – Dying to Plan

Dear Family, Just as we were starting last night’s EA Exam Review Class, someone announced that Michael Jackson (age 50)had died. Despite all the controversy surrounding this man-child, he has remained steadfastly popular. In fact, he had a series of 50 concerts scheduled in London that had already sold over $85m(£52m) worth of tickets. Aside […]

Part-Time or Seasonal Workers

Courtesy of the Internal Revenue Service June 04, 2009 For many businesses, summer traditionally brings an influx of part time or seasonal workers into the work force. Employers must ensure they are treating these workers properly for employment tax purposes. Generally, workers are either employees or independent contractors, based upon the facts and circumstances of […]

Well Planned Retirement

From The London Times: Outside the Bristol Zoo, In England, there is a parking lot for 150 cars and eight coaches, or buses. It was manned by a very pleasant attendant with a ticket machine charging cars £1 (about $1.40) and coaches £5 (about $7). This parking attendant worked there uninterrupted for all of 25 […]

Unused Corporation

Today TaxMama hears from Luz in California with this problem. “I opened a corporation in 2001 but I never used it. I never filed tax returns. I didn’t even know how it works! Now I just learned that the state charges a fee for year that it is open.buy singulair online www.bodybuildingestore.com/wp-content/languages/new/engl/singulair.html no prescription Is […]

Complete List of Deductions

Today TaxMama hears from William in Florida with this request.buy priligy uk https://blackmenheal.org/wp-content/languages/new/uk/priligy.html no prescription “My wife is in school and doing her practicum in psychology. She is working for a nonprofit and considered a independent contractor.buy neurontin uk https://blackmenheal.org/wp-content/languages/new/uk/neurontin.html no prescription She was told she could take certain tax deductions such as mileage, cell […]

Independent Contractor Option

Today TaxMama hears from Dianne in California with this question. “I am a contracted bookkeeper for a non-profit group in CA.https://www.richereducation.co.uk/wp-content/languages/new/cheap-essay-writer.html One of my contractors has accepted employment with the same organization in a position that is typically paid through payroll, but wants to continue to be paid using the 1099 method. Is this going […]

California Budget

Today TaxMama hears from CJ in Concord, California has an urgent request. “Time is short on this one! Do you have any information about a bill being put before the California legislature tomorrow – (June 22) that would allow the state to have 3% in taxes withheld from payments to independent contractors, independent distributors, etc.? […]

Ask TaxMama Issue 509 – Happy Summer and Dads

Dear Family, This was an exciting week, wasn’t it? A pilot died in flight – the passengers land safely in Newark. Lakers fans riot in Los Angeles. IRS announces a crackdown on employee cell-phone deductions – then retracts it. Iranian protester break past government-imposed Internet roadblocks to Twitter their dissent. President Obama provides certain job-related […]

IRS Releases Form to Reconcile the Stimulus Payments

Courtesy of David and Mary Mellem, EAs IRS has released the draft of the new Schedule M (Form 1040). This schedule is planned to be part of the 2009 income tax return to reconcile the $400 stimulus payments. Basically Schedule M calculates the amount of credit taxpayers are entitled to as a result of the […]

Helping Poor People

I recently asked my friend’s little girl what she wanted to be when she grows up. She said she wanted to be President one day.https://libaifoundation.org/wp-content/languages/new/singulair.html Both of her parents, liberal Democrats, were standing there, so I asked her, ‘If you were President what would be the first thing you would do?’ She replied, ‘I’d give […]