Author Archives: TaxMama

Ask TaxMama Issue 583 – A Dream

Dear Family,  Someone on the news this morning was talking about how insulting it is that some schools are open on Monday, Martin Luther King Day. That got me to thinking about how much the world has changed since I was a child. When schools and restaurants and buses and bathrooms were segregated by color. […]

Six Important Facts about Dependents and Exemptions

Courtesy of IRS Some tax rules affect every person who may have to file a federal income tax return – these rules include dependents and exemptions. Here are six important facts the IRS wants you to know about dependents and exemptions that will help you file your 2010 tax return.

Latin for Today

Revelare Pecunia!” (Show me the money!) “Domino vobiscum!” (The Pizza guy is here) “Motorolus interruptus.” (Hold on, I’m going into a tunnel.)

Gardener 1099

Today TaxMama hears from Seth in the TaxQuips Forum with a sensible question. “I have a lawn guy for my house.  I pay him $90 a month for 8 months out of the year ($720 for the year).  The checks are made out to him directly.  From an IRS standpoint, am I supposed to do […]

Deducting Property Taxes

Today TaxMama hears from Karen in the TaxQuips Forum who needs to settle an issue. “My husband and his brother jointly own a second home (both names are on the title).https://mannadew.co.uk/wp-content/languages/new/remdesivir.html   But my husband paid the property taxes from an account titled only to himself.https://mannadew.co.uk/wp-content/languages/new/orlistat.html  Can both my husband and his brother claim 50% […]

TaxMama’s® 10 Tips for Business Success

Running a business or a department is complex, with innumerable people and government agencies pulling on you from all directions. With the endless demand for reports, it’s amazing that anyone is actually able to get work done, produce a product or finish a project. Yet, we do, don’t we? And we do it well. In […]

Ask TaxMama Issue 582 – A New Year

The year has just started – and the first business week has flown by!  We’ve been busy trying to revive all the Homebuyer’s Credit IRS has rejected for our owners of new manufactured housing. The Taxpayers Advocate Service has been an enormous help with this project. They too, are bewildered about some of the odd […]

Top 10 Tax Time Tips

It’s that time of the year again.buy premarin online https://www.conci.com/wp-content/languages/new/premarin.html no prescription The income tax filing season has begun and important tax documents should be arriving in the mail. Even though your return is not due until April, getting an early start will make filing easier. Here are the Internal Revenue Service’s top 10 tips […]

Stupid Tax Tricks – Things Not to Do

None of us enjoys paying taxes. We see the very rich layer of society getting away with murder financially and naturally want the same privileges in life. Besides, getting something for free always holds appeal. As a result, tax return schemes get ever more complex. Internal Revenue Service’s databases can cross-reference Social Security numbers with […]

Frank Sinatra and the Jews

  Francis Albert Sinatra (1915-1998) may have been one of America ‘s most famous Italian Catholics, but he kept the Jewish people and the State of Israel close to his heart, manifesting life-long commitments to fighting anti-Semitism and to activism on  behalf of Israel .

Deducting Business Car

Today TaxMama hears from Michael in the TaxQuips Forum who wants clarification. “I drive a lot. Is there a maximum dollar amount I may deduct for my vehicle expenses?”

Out of State Income

Today TaxMama hears from Bruce in the TaxQuips Forum with this hopeful question.buy uk zithromax online www.mabvi.org/wp-content/languages/new/uk/zithromax.html no prescription http://klassroom.co/files/migration/new/how-to-write-a-lit-essay.html “I have a sole proprietorship based in CA.  During 2010 one of my customers was located in Texas and I traveled to Texas to provide services.  Should I report the income I earned from the […]