Today TaxMama hears from Peter in Massachusetts who has this question.https://www.simplybeyondfoods.com/wp-content/languages/new/priligy.html “I am a 100% owner of my S corporation.https://www.simplybeyondfoods.com/wp-content/languages/new/orlistat.html I used my car, registered in my name, for my business and commuting. I keep a detailed record of mileage and expense. Can I deduct the vehicle expenses on my 1120S?” https://www.audioacrobat.com/play/WSKWQgVf
Author Archives: TaxMama
Dear Family, Happy Peanut Butter Lovers Month. When was the last time you enjoyed a peanut butter and jelly sandwich? Lots of schools around the country ban nuts from campus due to the morbid danger for those who are deathly allergic to peanuts and nuts. Speaking of deadly food, my history teacher in high school […]
When things in your life seem almost too much to handle, when 24 hours in a day are not enough, remember the mayonnaise jar and the 2 cups of coffee. A professor stood before his philosophy class and had some items in front of him When the class began, he wordlessly picked up a very […]
[Courtesy of Internal Revenue Service] “The IRS has started a new service, e-News for Small Business. Distributed every other Wednesday, it brings timely, useful tax information right to your computer, including, but not limited to: Important, upcoming tax dates What’s new on the IRS Web site Reminders and tips to assist businesses with tax compliance […]
“State Your Case. If you’re seeking a job in a field in which you have no prior experience, don’t use a chronological format. Instead use a functional or skills-oriented format, which will present your relevant experience and skills upfront.” Peter Newfield Career-Resumes Contact Peter for Resume Advice! Ask TaxMama :: Where taxes are fun and […]
[Courtesy of Internal Revenue Service WASHINGTON — The Internal Revenue Service is extending tax return filing and payment deadlines for victims of the severe Southern California wildfires. Taxpayers in the Presidential Disaster Area –– consisting of Los Angeles, Orange, Riverside, San Bernardino, San Diego, Santa Barbara and Ventura counties –– will have until Jan. 31, […]
Today TaxMama hears from Gloria in Florida who wants to know. “My daughter inherited a small farm from her father last year and wants to sell it.buy elavil online https://jersey-hemp.com/wp-content/languages/new/elavil.html no prescription What would her tax liability be?buy zoloft online https://jersey-hemp.com/wp-content/languages/new/zoloft.html no prescription ”
Today we hear from Jan in San Diego, CA who’s trying to help her clients. “We are trying to help clients and friends from this office. Do you know how to file a DUA (Disaster Unemployment Assistance Claim)? The number at EDD is so busy they hang up on you and you cannot file a […]
Today we hear from Robin in Tennessee who has lots of questions. “I am a published author and would like to sell some of my books myself.https://www.richereducation.co.uk/wp-content/languages/new/type-a-paper-online.html How do I report this income to the IRS? Does the IRS consider this selling as a small business? And if so, will I need an employer identification […]
Dear Family, You can’t turn the news on anywhere without seeing constant reports of the California Wildfires. The Los Angeles Times has built a Google Map of the fires, you can check anytime. https://www.snurl.com/ca_wildfires I can’t ever remember a Santa Ana season (the hot winds) when sooooooooooo many people have been evacuated from their homes. […]
IR-2007-173, Oct. 19, 2007 [Courtesy of the Internal Revenue Service] WASHINGTON — Starting next year, casinos and other sponsors of poker tournaments will be required to report most winnings to winners and the Internal Revenue Service, according to the IRS. The new requirement, which goes into effect on March 4, 2008, was contained in guidance […]
[Courtesy of the Internal Revenue Service] The Internal Revenue Service is closely watching the situation in Southern California and will soon issue specific guidance for victims of the wildfires. In the meantime, if you own property damaged by fire in the presidential disaster area, you have a choice: You may claim uninsured or unreimbursed disaster […]