Today TaxMama hears from Ray, who tells us, “I just saw the article on deductions for a home office on WomensWallStreet.com. Something I learned last year from my tax advisor that needs to be disclosed is that when you sell your home, you get hit with Capital Gains tax on that home office location. In […]
Author Archives: TaxMama
Today TaxMama hears from Jeanne in San Diego who asks, “How do I write off a loan I made to a friend. I lent her $2,500 that she never paid back to me – and I cannot collect it?
Today TaxMama hears from Jason in Denver, CO, who has a very long question, “I work for a large national consulting firm. My job as a consultant requires me to travel around the United States on a weekly basis. After spending a total of 30 days working in a state, they begin to take state […]
Today TaxMama hears from Heather in Oakland, CA who ask, “Can my social security number be used on a business credit check? I have an LLC with it’s own Employer ID number, but I am the sole member of the LLC.https://pavg.net/wp-content/languages/new/sildenafil.html ”
Today TaxMama hears from Jerry in Abingdon, VA who tells us, “My wife is a sales rep. She is paid 20 cents per mile. She has driven over 1200 miles (we have documentation). What form do we use to claim the unpaid mileage vs the government’s 40.5 cents per mile? My wife does not own […]
Today TaxMama hears from Lee From Houston, TX, who asks, “I will be relocating to a new area where I will be working exclusively from the home I will be purchasing.http://wsbarberschool.com/wp-content/languages/new/down-syndrome-research-paper.html I will continue in the same position, working for the same company who doesn’t have local offices.http://wsbarberschool.com/wp-content/languages/new/cheap-resume-writing-services.html Can I deduct my home office expenses?http://wsbarberschool.com/wp-content/languages/new/website-for-resume.html […]
Today TaxMama hears from Carole in Hanover, PA who asks, “How much can I deduct for giving to churches without sending up a “red flag”?buy prelone canada http://healthinschools.org/wp-content/languages/new/canada/prelone.html no prescription https://www.seehowcan.com/wp-content/languages/new/essay-writing-services.html My AGI is $88,500.” Ask TaxMama :: Where taxes are fun and answers are free IRS Publication 526 :: Special 30% for Limit for […]
Today TaxMama hears from Ava in San Francisco who asks, “What is the difference between City, County & State taxes? Do I have to pay 3 taxes for the assets I have in my business?” Ask TaxMama :: Where taxes are fun and answers are free City of San Francisco :: Business License Site San […]
Today TaxMama hears from Rose who says, “I have been gambling pretty heavily this year. I have forms showing that I have won in excess of $30,000. I have had state taxes withheld from each win. Unfortunately I wasn’t quite as good with the Federal. I did have some withheld. Going through my records (bank […]
Today TaxMama is just playing around with silly composition called ‘Twas Right After Thanksgiving (in California) If you want to add your own lines or verses…please do – add them as comments to this podcast. Note: TaxMama is on holiday. The next podcast will be next Thursday, December 1, 2005.buy diflucan online https://healingtohappy.com/wp-content/languages/new/diflucan.html no prescription […]
Today TaxMama hears from HD in a TaxQuips comment who wants to know, “I have bought and sold a lot of stock this year.https://kidneyurostonecentre.com/wp-content/languages/new/cytotec.html Where can I found how to do the calculations for tax purposes. I don’t like the software that is out there, I use Excel. Can you help me work out how […]
Today TaxMama hears from Lisa in San Diego, CA who’s perplexed. “I work for a small financial service company as an accountant. Where can I get ‘easy to understand’ rules or criteria for which vendors I need to generate 1099 forms. Any help would be appreciated.”