To stay on top of changes in your online identity, set up Google News Alerts for all versions of your name. That way, you will get an email notification every time someone writes something about you online. In a job search, your Google results are becoming just as important as your resume and cover letter. […]
Author Archives: TaxMama
Becky, who belonged to a synagogue group devoted to visiting and helping the sick members of her congregation, was out making her rounds visiting homebound patients when she ran out of gas. As luck would have it, a gas station was just a block away. She walked to the station to borrow a gas can […]
Today TaxMama hears from Melinda in Tennessee, who asks. “How much are we allowed to deduct for our business phone cost?”
Today TaxMama hears from Stuart in Florida, with a quick question. “I did my research about gambling winnings and losses, Schedule C versus Itemized deductions. Where on the Schedule C would the losing wagers go if I were filing a Schedule C as a professional gambler?”
Today TaxMama hears from Mario in New York, who wants to know.https://www.playavistaorthodontics.com/wp-content/languages/new/vibramycin.html “How do I deduct employee expenses such as expensive tools? IRS says for items lasting over a year, they should be depreciated. It looks like forms 4562 and 2106 carrying over to Schedule A should be used, but the tools are not listed […]
Today TaxMama hears from Gary in Texas, who wants to know. “Am I allowed to deduct the difference between what my company reimburses me for mileage and what the IRS allows?https://www.cinewebradio.com/wp-content/languages/new/diploma-online.html If so, what form do I use?”
New Guidance for 2005 Gulf Hurricane Victims (See Resource Box for live links) Information has been added to IRS.gov for Hurricane Katrina, Rita and Wilma victims who claimed casualty and theft losses on their individual income tax returns and are now handling reimbursements received in tax years after the loss occurred. Town hall meetings are […]
Courtesy of the Internal Revenue Service TT-2008-60 If you already filed your federal tax return and are due a refund, you have several options for checking on the status of your refund. One way is to use “Where’s My Refund?” an interactive tool on the IRS Web site at IRS.gov. Simple online instructions guide taxpayers […]
Are you one of millions of Americans who need to file a tax return this year solely to obtain your economic stimulus payment? The IRS has set aside Saturday, March 29 as “Super Saturday,” a day of help just for you! Approximately 320 IRS offices will provide free help preparing a simple 1040A for people […]
“Don’t do it! It will only hurt you in the end and the punishment will either come in the form of a lost interview opportunity or worse—a lost job and a damaged reputation. Everyone has accomplishments that are powerful enough to convey their value-add to an employer. You just need to put in the time […]
Dear Internal Revenue Service: Enclosed you will find my 2007 tax return showing that I owe $3,407.00 in taxes. Please note the attached article from the USA Today newspaper, dated 12 November, wherein you will see the Pentagon (Department of Defense) is paying $171.50 per hammer and NASA has paid $600.00 per toilet seat. I […]