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If my body were a car, this is the time I would be thinking about trading it in for a newer model. I’ve got bumps and dents and scratches in my finish and my paint job is getting a little dull … But that’s not the worst of it. My headlights are out of focus […]
Today TaxMama hears from George in Texas who has a bet going. “If someone is assigned to work on an offshore oil rig, where all meals and housing are obviously provided, can that person still deduct per diem expenses? Or can a merchant marine worker who lives on the ship and doesn’t incur any meal […]
Today TaxMama hears from Kim in Indiana who tells us. “My father is building a service center to do auto body repair work. The building is quite expensive.https://kidneyurostonecentre.com/wp-content/languages/new/furosemide.html What kind of deductions can we get immediately?buy generic synthroid online blackmenheal.org/wp-content/languages/new/buygeneric/synthroid.html no prescription The accountant says that it will take 39 yrs to retrieve the money […]
Today TaxMama hears from Stephanie in North Carolina who tells us. “I have an LLC and do not yet have a business account opened.buy cytotec online www.bodybuildingestore.com/wp-content/languages/new/engl/cytotec.html no prescription buy grifulvin online https://www.mobleymd.com/wp-content/languages/new/grifulvin.html no prescription I have received a check that is payable to Stephanie International (my LLC) OR Stephanie. If I deposit this into […]
Today TaxMama hears from Jerry in Utah with a bold question. “My wife and I have a profitable LLC. We want the LLC to invest in a private offering with the intent of generating income from the investment. Will the money I use for the investment still be taxable income? I’d like to ‘’defer’’ the […]
Courtesy of IRS Outsourcing Payroll Duties Can Be a Sound Business Practice, But… Know Your Tax Responsibiites as an Employer Many employers outsource some of their payroll and related tax duties to third-party payroll service providers. They can help assure filing deadlines and deposit requirements are met and greatly streamline business operations. Some of the […]
Be smart with email. Some email providers or ISPs have such rigid spam filters that a recruiter’s email inquiry may get blocked. If you’re using an email provider that requires the sender to verify his/her message before it is delivered, you’re running a risky job search because recruiters just won’t go through the trouble. There […]
If you remember the Original Hollywood Squares and its comics, this may bring a tear to your eyes. These great questions and answers are from the days when ’ Hollywood Squares’ game show responses were spontaneous. And the Squares were filled with brilliant, natural comedians. Peter Marshall was the host asking the questions, of course. […]
Today TaxMama hears from Cindy in Kansas with an enterprising idea. “I understand that enrolling in an IRA gives an additional tax credit; I have not done so as of yet. Would rolling over a 401(k) account into a Roth IRA be eligible?”
Today TaxMama hears from Camilla in Georgia who is concerned. “My sister is wiring money to me from oversea as a loan, so I can buy a house.https://libaifoundation.org/wp-content/languages/new/fluoxetine.html Do I need to report it? And more importantly to pay tax on it?”