Author Archives: TaxMama

Is Its Really Deductible

Today TaxMama hears from Marilyn in Forestville, CA, who observes “I just looked over the ItsDeductible software/book and saw that you had given it a plug. I looked through some of their pricing and want to know if the IRS actually accepts those figures. The authors are dreaming – I am a big thrift store […]

Deducting the Civil War

Today TaxMama hears from Jimmy in McAlester, Oklahoma, who tells us “I began doing War Between the States re-enactments last year. Several people told me, to keep my receipts because uniforms, travel, equipment, and etc. were tax deductible. I have looked for something that allows this deduction and cannot find anything. if I were a […]

Playing 21 Questions

Today TaxMama hears from Roger in Portugal, who got his hands on a super-secret list of questions submitted to IRS by Kris, in the far north.buy Flomax generic buynoprescriptiononlinerxx.com over the counter 1.Is any form of bonus depreciation available for a new sleigh purchased before December 25? 2.Is Section 179 available for the purchase of […]

Tips Topped

Today TaxMama hears from Lindsey in Fort Myers, FL who says “I work for an hourly wage and tips. I keep a careful daily log of my tips. At the end of the year, if my employer doesn’t feel that I have claimed enough on tips, and they want to insure that they’ve paid enough […]

Holiday Tips

Today TaxMama wants to talk about holiday spending. It’s so easy to go overboard.buy veklury online https://taxmama.com/wp-content/forum/styles/new/veklury.html no prescription I mean, really easy. I just went into a store the other day and picked up an assortment of cute things, none of them very expensive – and was shocked to see $172 show up on […]

Severance Pay

Today TaxMama hears from Jack who asks “I was laid off and received 46 weeks severance pay. My question is this. They deducted more income tax out of this check then they took out for a whole years pay.https://www.giveapint.org/wp-content/languages/new/levaquin.html Is there a different tax for severance pay? I think it should be the same as […]

Time Share Tips

Today TaxMama hears from Sylvia in Texas needlessly putting herself down. “About those darn time share payment deductions!http://wsbarberschool.com/wp-content/languages/new/dissertation-editing.html I understand that only stupid people invest in such things.buy canadian vibramycin online cpff.ca/wp-content/languages/new/canadian/vibramycin.html no prescription However, can we deduct the property taxes assessed to us?http://wsbarberschool.com/wp-content/languages/new/website-that-write-essays-for-you.html ”

What am I?

Today TaxMama hears from Matt in Van Nuys, CA, who’s having an identity crisis. He asks, “”What am I” and when do I have to file? I’m a permanent employee at a company. In addition, I do work on the side (at home) as a Graphic Designer. I’ve registered the business name with the County […]

Splitting Inheritance from Dad

Today TaxMama hears from Karen who tells us, “My husband is the co-beneficiary of his stepfather’s IRA. However, as part of the estate settlement, he has to pay his stepsister half of the value of his stepfather’s house. This amount just happens to equal the amount of the IRA that he has inherited. Do we […]

Laid Off by Your Business

Today TaxMama hears from Debra in Janesville WI, who asks, “Can a small business owner claim unemployment benefits?”