Today TaxMama hears from Brian in Kentucky who tells us. “In 2006 I sold my house and had some decent profits. I decided to invest some of it and lost $13,000 quickly in the stock market so I closed my accounts. No more of that for me. If I don’t have any capital gains in […]
Author Archives: TaxMama
Today TaxMama hears from Jim in Delaware who tells us. “I am applying to open a business account and they want 2 years of personal tax return records. However, I have not filed recently. If I create the numbers on a 1040 form using information I believe is correct, will that pass bank scrutiny? Do […]
Today TaxMama hears from Cindy in North Hollywood, CA who says. “I am 19 years old and am looking for a job that will hire me with an ITIN. Do you know of any websites or places? I have been looking around and just don’t get anywhere. Can you help me or give me any […]
Today TaxMama hears from Jun in Passaic, NJ who asks. “Foreign tax is withheld from my dividends or other investments. Where can I get a credit or deduction on my tax forms?”
Today TaxMama hears from Kerry in Iowa, who tells us. “My husband is a sole proprietor general contractor. The lumberyard has handed him some great jobs. But they have been the general contractor on them. They pay my husband for his contracts with them. Recently, we hired a subcontractor to do the electrical work, which […]
Today TaxMama hears from Gerald in Kansas, who tells us. “I have talked to my mother-in-law and my wife about your advice on selling the house. We like the idea of refinancing the house rather than selling it and paying taxes the very large gain. And this will still leave my mother-in-law with a stream […]
Today TaxMama hears from Deneice in Petaluma, CA, who says. “I am the bookkeeper for an actor, who is (uh hem) getting older. He does commercials and the company he works with would like him to maintain as much of his ‘youthful’ image as possible. For him to do this, he has had some Botox […]
Today TaxMama hears from Lupe in Florida, who tells us. “My sister has not received her tax refund in 2 years. The IRS now owes her $5,000. She has placed many calls to the IRS and continues to get the run around.buy clomid online pmilv.com/wp-content/languages/new/cheap/clomid.html no prescription She was finally referred to theTaxpayers Advocate by […]
Yesterday TaxMama responded to Keith in Wisconsin, who wanted to sell his home and an adjacent lot that he had paid to subdivide. Keith asked about his options when it came to selling the lots, together or separately.
Today TaxMama hears from Keith in Wisconsin, who poses this dilemma. “I have resided in my principal residence for three years, uninterrupted. It is on 6.3 acres of land. Two years ago, I had the land subdivided into two lots, one with the house on it, the other vacant land. If I sell both in […]
Today TaxMama hears from Marylu in Texas, who asks a simple question. “How do I get the Percentage of taxes that are withheld from payroll checks?buy lamisil online https://bloonlineandnew.com/lamisil.html no prescription “
Today TaxMama hears from Penny in Wichita, Kansas, who has an excellent question. “If someone wants to take advantage of the tax credits being offered for energy efficient projects at home (like replacing a furnace or AC unit), how do they do that? “