Today we hear from Dean in Pennsylvania who wants to know, “Has the AMT for 2007 been ‘officially’ lowered by the IRS from $62,550 to $45,000? I can’t find mention of this on IRS website.”
Author Archives: TaxMama
Dear Family, I blinked and suddenly it’s Friday? What happened to the week? It was just Monday a minute ago! Well, it was very, very hot around here – generally up into the 3 digits. Where we live is definitely one of the hottest parts of the City of Los Angeles. (You can see it […]
Phone Customers Can Still Request Excise Tax Refund, IRS Says Courtesy of IRS IR-2007-144 WASHINGTON — Telephone customers can still request this year’s one-time excise tax refund, according to the Internal Revenue Service. Most phone customers, including most cell-phone users, qualify for the refund. The refund covers the three-percent tax paid on long-distance and bundled […]
Courtesy of IRS – STT-2007-22 During summer months many people sell their home and move to a new location. Many of those individuals will make a profit on the sale and still will not have to pay a single dime of additional income tax to the IRS. Generally, you have made a profit if the […]
IRS Warns of New e-Mail Scam Offering Cash for Participation in “Member Satisfaction Survey” Courtesy of IRS – IR-2007-148, Aug. 28, 2007 WASHINGTON — The Internal Revenue Service today issued a consumer alert regarding a new, two-step e-mail scam that falsely promises recipients they will receive $80 for participating in an online customer satisfaction survey. […]
This Week’s Advice: “Need a successful negotiation strategy? Quantify your contribution then ask for a piece of the pie. Use your past achievements, information gathered from your research, and what you learned in your interviewer(s) to quantify your role. Once you reach an amount, state it during negotiations, and ask to be paid a portion […]
Bob was in trouble. He forgot his wedding anniversary on Thursday. His wife was really irate. She told him “Tomorrow morning, I expect to find a gift in the driveway that goes from 0 to 200 in 6 seconds AND IT BETTER BE THERE !!” The next morning he got up early and left for […]
Today we hear from Lars in Hawaii who tells us, “I am preparing a 2006 California – CA (540NR) tax return for a client who moved to Hawaii in June 06. This client has two W-2’s. The first six months he lived in CA; the second six months in Hawaii. It would seem that this […]
Today we hear from Christine in PA who throws us this curve ball. She says, “I just saw on the news that the gentleman that caught Barry Bonds 756th home run ball is selling it because he can’t afford the tax bill for just possessing it. I’m not aware of the tax that would be […]
Today we hear from Barry in WI who is doing research. He says, “I am searching for the IRS definition concerning related parties and installment notes between related parties and any new cases concerning this issue.buy clomiphene online gilbertroaddental.com/wp-content/languages/new/generic/clomiphene.html no prescription https://www.datafactories.org/wp-content/languages/new/math-homework-help.html ”
Today we hear from Karen in PA who tells us, “ I just got divorced. I am entitled to $40,000 of hubby’s 401(k). I’m permanently disabled and haven’t worked since 2003. I need this money for necessities, but don’t want to pay early withdrawal or tax penalties.https://www.playavistaorthodontics.com/wp-content/languages/new/clomid.html Because I’m disabled and receive a pittance from […]
Dear Family, It’s been a busy and fun week in Las Vegas at the IRS Tax Forum. We must have walked 5 miles a day, just inside the Rio. Learned lots of things. Hope to remember them. I am writing from my hotel room at the Gold Coast, right across the street from the Rio. […]