Today TaxMama hears from Manola on the TaxQuips site, who says, “I don’t get it.buy Flomax generic buywithoutprescriptiononlinerx.com over the counter Isn’t the ITIN issued so that workers without a SS# can withhold, and pay, Income and Social Security taxes?”
Author Archives: TaxMama
Today TaxMama brings up her own concern about the way seniors and those who care for them are not taking care of their tax issues. These are the three issues – deducting medical care and knowing what is deductible; drawing your retirement funds; and having a living trust.
Today TaxMama hears from Bobbie in Highland Park, IL who asks, “Should you finance, lease or buy a car with cash?”
Today TaxMama hears from Sherrie in Salina, KS, who tells us, “I am an independent marketing executive working out of my home.buy flexeril online www.pharmalucence.com/wp-content/languages/new/generic/flexeril.html no prescription The company I work for requires a monthly purchase in order to earn commission checks. Can I claim the cost of that monthly purchase as a business expense […]
Today TaxMama hears from Marie in NY, who has a problem, “I am a self-employed educational consultant. I am issuing a 1099 to someone for the first time this year.buy propecia online blackmenheal.org/wp-content/languages/new/mg/propecia.html no prescription I see that it must be filed with the IRS by March 31, 2006.http://auneec.ateneo.edu/wp-includes/images/new/proofreading-online.html Can I do this electronically online? […]
Today TaxMama hears from the Mike in Florida, who tells us, “We received an assessment from our condo association. This assessment was to repair damage caused by hurricane Wilma when it hit Florida. Can we report this assessment as a casualty loss on our tax return? If we can, what schedules should we use to […]
Today TaxMama hears from the Humane Society with a warning about phony museum donations by hunters. The press release is below. I won’t read it to you – but I will summarize it. You’re going to see some words in the following press release that will trigger all kinds of hostility and negative reactions, no […]
Today TaxMama hears from Ed in California, who wants to know, “If I turn in my employer with the IRS form 211 will I get audited too?”
Today TaxMama hears from Gina in Canton, MI, who tells us, “12 years ago, we (8 couples) bought a condo for $280,000 at Atlantic City, NJ for investment (as a partnership). Five years after that, the price dropped to $120,000. But, last year the price bounced back to $240,000. So, our partnership decided to sell. […]
Today TaxMama hears from Danny in New York City, who tells us, “In 2005 I was working for a consulting firm. as an employee doing doo-dad things for $20 an hour, part-time. In September, I became a consultant for them and worked full-time at a client company. When that happened (September) I continued to doo-dad […]
Today TaxMama hears from Larry in CT, who asks. “Suppose an employer hires an undocumented worker who presents a valid ITIN (Individual Taxpayer Identification Number). The employer withholds & reports payroll taxes for that worker using this ITIN. The Social Security Administration issues a “no match” letter to the employer containing all sorts of implicit […]
Today TaxMama hears from Claudette in New York, who asks.buy Glucophage generic bloinfobuy.com over the counter “What is the best way to put together a schedule of capital improvement expenses to offset the proceeds of the sale, if the house has gone through many renovations over the years. “