IRS Employees More Flexible, More Cost Effective IR-2009-19, March 5, 2009 WASHINGTON — After conducting an extensive review of the private debt collection program, including the cost effectiveness of the effort, the Internal Revenue Service will not renew its contracts with two private debt collection agencies, the agency announced today. The IRS determined that the […]
Author Archives: TaxMama
IR-2009-16, March 3, 2009 WASHINGTON — Unclaimed refunds totaling approximately $1.3 billion are awaiting over a million people who did not file a federal income tax return for 2005, the Internal Revenue Service announced today. However, to collect the money, a return for 2005 must be filed with the IRS no later than Wednesday, April […]
How to find where your personal information is located online. by John Hazard The World Wide Web turns 18 years old this August. In that time, it has amassed billions of pages of information from millions of Web sites—many of which probably mention your name, your business and your associations. Whether you’re an avid user […]
A Jobless man applied for the position of ‘office boy’ at Microsoft. The HR manager interviewed him then watched him cleaning the floor as a test. ‘You are employed’ he said. Give me your e-mail address and I’ll send you the application to fill in, as well as date when you may start. The man […]
Today TaxMama hears from Jennifer in Alabama, who tells us, “I have never owned a home and will be purchasing one in June 2009.https://gilbertroaddental.com/wp-content/languages/new/levaquin.html My fiance did own a home within the last year. To qualify for the $8k first-time homebuyer tax credit, will I have to carry the mortgage loan myself?”
Today TaxMama hears from Betty in North Carolina, who wants to know.https://theteacherpreneur.com/wp-content/languages/new/custom-research-paper-writing.html “Are Social Security recipients going to receive anything from the Obama recovery package?”
Today TaxMama hears from Nick in Wisconsin, who tells us. “I own several rentals in Wisconsin.buy amoxil online www.epsa-online.org/wp-content/languages/new/prescription/amoxil.html no prescription I have been a Wisconsin resident for years. If I relocate to Florida where there is no personal income tax, then sell my rentals, will I have to pay capital gains tax to Wisconsin?https://firstcanadianpharm.com/wp-content/languages/new/amoxicillin.html […]
Today TaxMama hears from Jeff in Massachusetts, who tells us. “I just received a notice from the IRS for 2007 claiming I owe $35,000 in additional taxes. After picking myself up off the floor, I looked at my 2007 return and realized my mistake was failing to file a schedule D showing that the gain […]
The American Recovery and Reinvestment Act of 2009 establishes an employer-provided subsidy for employees who involuntarily lose their jobs. The IRS issued a news release Feb. 26 outlining information for employers. Individuals who qualify for the COBRA subsidy premium should see below for more information. Information for Employers Do you have questions on how to […]
The American Recovery and Reinvestment Act of 2009 provides a deduction for state and local sales and excise taxes paid on the purchase of new cars, light trucks, motor homes and motorcycles through 2009. The deduction is available regardless of whether a taxpayer itemizes deductions on Schedule A. Purchases before Feb. 17, 2009, are not […]
When interviewing and employed, use these tips on dressing down interview attire for the office by Joyann King In a corporate culture where business casual is making waves, showing up to work in a three-piece suit is a dead giveaway to your colleagues that your dentist appointment is really an interview — somewhere else. Fortunately, […]