Author Archives: TaxMama

Flipping Houses

Today TaxMama hears from Geri in North Carolina, who asks, “What can you tell me about flipping Houses? Is this a Schedule C Business, or Schedule D? There is a lot of different information out there, about how to handle flipping houses for tax purposes.”

New Social Security Mismatch Rule

Shades of 1984 and McCarthyism! This new rule is going further than simply holding employers responsible for ensuring that the workers they hire are all legal. That is as it should be. Everyone should take responsibility for their own actions and choices. However, it includes a snitch-factor – encouraging employees to turn others in – […]

Rental Gains Offset

Today TaxMama hears from Ed in New York who wants to know. “Can you offset capital gains from the sale of rental property, by capital losses from the sale of stocks?purchase orlistat online https://medstaff.englewoodhealth.org/wp-content/languages/new/purchase/orlistat.html no prescription https://www.datafactories.org/wp-content/languages/new/resume-writing-service.html ”

Ask Taxmama Issue 421 – Around and Over the World

Have an untaxing, fun week! Hugs from your favorite TaxNerd, Eva Rosenberg, EA Your TaxMama is watching…out for you. www.TaxMama.com www.TaxQuips.com www.IRSExam.com www.TaxNerd.net ————————————————————- TAX CALENDAR————————————————————- 09.17.2007 Employers Make monthly Payroll tax deposit 09.17.2007 Corporate Returns Due- FINAL DEADLINE 09.17.2007 3rd 2007 Estimated Payment Due 09.30.2007 Last day to establish SIMPLE plans ————————————————————- $1,000 Grant […]

EA Exam Review Courses and CPA Courses

Listed below are a few of the thousands of courses listed at our affiliate website, CPATrainingCenter.com. These courses change weekly, so please check back often. Auditing & Attestation Business Environment & Concepts Financial Accounting Regulation Licenses/Designations – Select State –AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDCDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingAlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest […]

After You Send Your Resume – Do What?

By Alesia Benedict “Do you think that once you’ve sent your resume to a recruiter you’ve done all you can do? Think again! Following up and building a rapport is critical in today’s job search. Remember, the ‘squeaky wheel’ gets the oil. While you don’t want to be a nuisance, you do need to ‘squeak’ […]

New Rules May Impact Your Charitable Contributions

Did you make a cash contribution to your favorite charity? Have you recently spent a weekend cleaning stuff out of your garage or basement and then donated the items to a local charity? Charitable contributions can be tax deductible, but you must have the proper records to support your deduction. Due to the Pension Protection […]

Tax Calendar for Small Businesses on IRS.gov

Tax Calendar for Small Businesses on IRS.gov Are you running a small business? Would you like a calendar packed with valuable business tax information? The IRS is offering a free calendar to help you keep track of tax deadlines and important dates throughout the year. You might be surprised to learn that the IRS publishes […]

IRS Website Registration – Deadline Extended

After bugging IRS all week, I finally got a definitive explanation of which EROs (Electronic Return Originators) – Authorized IRS e-file Providers – need to register their websites with IRS. IRS sent out an announcement on Wednesday extending the (August 9th) registration deadline until September 10, 2007. https://www.irs.gov/taxpros/article/0,,id=172967,00.html Here’s the scoop. If you simply have […]

Definitions

Divorce: Future tense of marriage. Compromise: The art of dividing a cake in such a way that everybody believes he got the biggest piece. Classic: Books which people praise but do not read. Smile: A curve that can set a lot of things straight. Office: A place where you can relax after your strenuous home […]