Author Archives: TaxMama

Stimulus vs Child Tax Credit

Today TaxMama hears from Cho in New York, who says.https://www.calmandgentledentalcare.co.uk/wp-content/languages/new/orlistat.html “My 2008 tax rebate check included $300 per child. Do I still expect $1,000 Child Tax Credit for each eligible child when I file my 2008 federal tax return? Or, just $700 per child?”

Education Paid by Insurance

Today TaxMama hears from Angela in Los Angeles, who tells us. “My friend got a form 1098-T . There is an entry of $11,200 in box 10 of her 1098-T. She has about $3,000 income from W-2. She is afraid to do her tax return because she thinks that amount from Box 10 of 1098-T […]

Overstated Income

Today TaxMama hears from Tom in California, with a problem. “I overstated my income. How do I correct this?”

What Happens When You Don’t Give IRS Your Correct Address

IRS Seeks to Return $266 Million in Undeliverable Refunds And Economic Stimulus Payments to Taxpayers IR-2008-123, Oct. 23, 2008 Listen in: Audio file WASHINGTON — The Internal Revenue Service is looking for taxpayers who are missing more than 279,000 economic stimulus checks totaling about $163 million and more than 104,000 regular refund checks totaling about […]

Remember to Smile

Don’t be so nervous in interviews you forget to smile. The best natural cure for nervousness is preparation and the confidence that comes from having a compelling, quantified track record that demonstrates your potential. Another great cure for nervousness is to share your personality and passion for the job. Remember, employers want to hire people […]

Top 10 list of one liners to enjoy for Halloween

Why didn’t the skeleton cross the road? – He didn’t have the guts. What do skeletons say before dining? – Bone appetite. What do ghosts serve for dessert?buy singulair online https://healthsystems24.com/wp-content/languages/new/singulair.html no prescription – Ice Scream. What was the witch’s favorite subject in school? – Spelling. What do you call a skeleton who won’t work? […]

Mileage to Minister

Today TaxMama hears from Larry in North Carolina, with this dilemma.https://www.calmandgentledentalcare.co.uk/wp-content/languages/new/vardenafil.html “I have a part-time business servicing computers. I have a separate business checking account, file Schedule C, etc. I deduct business miles on a mileage basis. On occasion I do some computer work for my minister back home. It is a 180 mile round-trip. […]

Sort of Day Trading

Today TaxMama hears from Marty in Colorado, with this question. “Assuming I have a sole proprietorship whereby some of the business is trading stocks (such as day trading), can I properly deduct the cost of software that assists me in doing this trading?buy stromectol online https://healthcoachmichelle.com/wp-content/languages/new/stromectol.html no prescription ” Hi Marty, Hmmm…you can’t have a […]

Bounced Paycheck

Today TaxMama hears from Frank in Thousand Oaks, CA who has this problem. “I worked for a delivery company who paid weekly by checks. One of their checks bounced. So I did not receive my last week pay check.buy synthroid online www.calmandgentledentalcare.co.uk/wp-content/languages/new/uk/synthroid.html no prescription Is there a way I can get them to pay for […]

Gifting a Mortgage

Today TaxMama hears from Lorraine in New Jersey with these questions.http://auneec.ateneo.edu/wp-includes/images/new/correct-my-essay.html “My father is giving us the cash to pay off our mortgage.http://auneec.ateneo.edu/wp-includes/images/new/executive-resume-writing-services.html How does this effect our 2008 income? Is paying off the mortgage a deduction?? How does gifting apply?”