A woman who has made up her mind to die is still afraid of a pistol or a gun. Or is it that the explosion would derange her costume? (Professor at the Breakfast Table) Fame usually comes to those who are thinking about something else. (The Autocrat of the Breakfast-table) God’s plan made a hopeful […]
Author Archives: TaxMama
Courtesy of the Internal Revenue Service Did you recently move to another city for a new job or because your old job is now at a new location? A tax break may be coming your way. How far you moved and the amount of time you spend on the job will have a major impact […]
Quote: “Don’t hurry, don’t worry. You’re only here for a short visit. So be sure to stop and smell the flowers.” – Walter C. Hagen Tip: “You don’t need to list everything! The date of a degree or work history that is older than 15 years can date you and put you in danger of […]
Today Mary tells us that she just moved to New York to pursue an acting career. Mary says, “I currently work as a secretary, but I plan to take auditions and classes in my days off and evenings. I would like to deduct my classes and other such expenses as business expenses related to my […]
Today, Nancy from West Virginia is confounded, “My boss sent me a 1099 instead of a W-2.https://www.quaintonhall.org.uk/wp-content/languages/new/proofreading-and-editing-services.html But I was an employee, not a freelancer. What do I do?
Today TaxMama hears from Tom, who’d like to know. “Can you point my wife and me to any basic resource for information on tests to determine whether one needs to do withholding or taxes in general for nanny services? And, then, how to actually execute the necessary record keeping and filings.”
Today, TaxMama hears from Susan in Georgia, who tells us, “I am in the process of selling a rental property. The question that I have is in regards to depreciation. I did not depreciate the property. Big mistake, I know. In my capital gains calculation, I understand that I have to account for the depreciation […]
Today in History :: “To Bigotry No Sanction, to Persecution No Assistance”, George Washington
No extra papers, please! When you send out your resume, don’t include copies of transcripts, letters of recommendation, or awards unless you are specifically asked to do so. If you are called in for an interview, you may bring these extra materials along in your briefcase for show-and-tell.” Peter Newfield Career-Resumes Ask TaxMama :: Where […]
Courtesy of IRS Even though you may be on vacation, the IRS is always at work thinking about taxes! August and the “Dog Days of Summer” are upon us. Taxes are probably the furthest thing from your mind. But now, months before the end of the year and the start of tax season, is a […]
Tax Advice for Starting, Operating or Closing a Small Business Courtesy of the Internal Revenue Service To many citizens, running a successful business is part of the American dream. But while they may be experts in their chosen field, few small business owners are tax experts. From starting a new business to operating or even […]
On July 17th, 1946, the temperature in Detroit was 97. The 3 brothers walked into old man Henry Ford’s office and sweet-talked his secretary into telling him that 3 gentlemen were there with the most exciting innovation in the auto industry since the electric starter. Henry was curious and invited them into his office. They […]