Author Archives: TaxMama

IRS Seeking Applications for Volunteer Tax Assistance Program Grants

WASHINGTON –– The Internal Revenue Service is accepting applications for the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grant programs, which will allow some organizations to apply for annual funding for up to three years. Applications will be accepted May 23, 2011, through June 30, 2011. Previous grant recipients will […]

Are We Missing the Point?

I just don’t understand America….Do you? If a woman burns her thighs on the hot coffee she was holding in her lap while driving, she blames the restaurant. If your teen-age son kills himself, you blame the rock ‘n’ roll musician he liked. If you smoke three packs a day for 40 years and die […]

Lifetime of Education

Today TaxMama hears from Susan in the TaxQuips Forum with a quick question. “I am taking Career Step online transcription training. Can I receive the Lifetime Learning Credit?https://jaymorrisonacademy.com/wp-content/languages/new/how-to-write-an-intro-to-an-essay.html

Double Reimbursement

Today TaxMama hears from Doug in the TaxQuips Forum who is arguing with his work buddies. “We are a group of field technicians that work entirely out of our home and have no local office to report to. We drive directly from our home to a customer site, and the visit usually is completed that […]

Helping Son Pay College Loans

Today TaxMama hears from Jack in the TaxQuips Forum who is bursting with pride over his son. “We are in more of a position to help my graduating son financially than when he started 3.buy remeron online salempregnancy.org/wp-content/languages/new/remeron.html no prescription 5 years ago. He’s very sharp with investments.https://pavg.net/wp-content/languages/new/propecia.html So we’re looking for ways to develop […]

Should I File BK?

Today TaxMama hears from Bruce in the TaxQuips Forum who needs to make a decision. “My business failed last year and my wife and I are mulling over whether to declare personal bankruptcy due to this.  Towards the end of the life of the business, I put a lot of money on my credit cards, […]

Ask TaxMama Issue 600 – Wow Quite a Milestone!

Dear Family, Join me today at 11:00 am PT, as I visit Paul Petillo, author of Retirement Planning for the Utterly Confused (love that title!) on Financial Impact Factor Radio.  600 issues of Ask TaxMama!  Wow!  Thanks to all of you who have been with me since the beginning. It’s been an interesting roller coaster […]

IRS Marks Small Business Week by Showcasing Tools, Resources; Spotlights Tax Benefits Available in 2011

WASHINGTON ― During Small Business Week, May 16-20, the Internal Revenue Service encourages those who are self-employed or own a small business to take advantage of certain tax benefits and learn about IRS resources that can help them meet their federal tax obligations. “When you’re running a business, you don’t need to be a tax […]

Wisdom of the Aged

The doctor, who had been seeing an 80-year-old woman for most of her life, finally retired. At her next checkup, the new doctor told her to bring a list of all the medicines that had been prescribed for her. As the young doctor was looking through these, his eyes grew wide as he realized she […]

Ripped off by Ex

Today TaxMama hears from Amy in the TaxQuips Forum with a very disturbing tale. Let me summarize. Amy’s ex forged her name to their joint 2004 tax return, stealing the refund. He stole her court-ordered share of his pension plan. No doubt, there is more going on. You can read her story and my detailed […]

Paying Past Due Taxes

Today TaxMama hears from Steve in the TaxQuips Forum with a reminder.buy stromectol online www.adentalcare.com/wp-content/themes/medicare/fonts/engl/stromectol.html no prescription He says, “After finding a true tax professional through one of the associations you suggested on this site, we feel much more confident, moving forward. We are now making voluntary payments with no installment agreement but designating the […]

From 1099 to W-2

Today TaxMama hears from Trisha in the TaxQuips Forum with good news. She says, “Recently I took a contract job starting out as a 1099 self-employed contractor.buy neurontin online gilbertroaddental.com/wp-content/languages/new/generic/neurontin.html no prescription After 6 weeks, the company asked me to come on board permanently as a W-2 employee. I was taking out my own taxes […]