Category Archives: IRS News

TaxMama’s® TaxQuips An Upcoming Deadline – AND Is it Really the IRS at my Door?

It’s TaxQuips time from TaxMama.com® . Today TaxMama® wants to talk to you about some imminent deadlines – and about the IRS dropping by your place of business.       Dear Family, This year has flown by so quickly. I blinked and now it’s almost autumn. First, the upcoming deadline – September 15th is […]

TaxMama’s® TaxQuips Inflation Bill Highlights and More

  It’s TaxQuips time from TaxMama.com® . Today TaxMama® wants talk to give you some basics about the new Inflation Reduction Act. And some observations.   Dear Family, By now, you are aware that President Biden has signed the Inflation Reduction Act into law. Although there are 273 pages to this Bill, only a few […]

TaxMama’s® TaxQuips Flaw in the Tax Law – Casualties

    It’s TaxQuips time from TaxMama.com® . Today TaxMama® wants talk to you about a big flaw in the current tax laws.         Dear Family, It’s summer! Can you believe the year is going by so quickly? The past month has been a whirlwind with teaching, taking classes and even going […]

TaxMama’s® TaxQuips IRS Changes and Notes

happy new year neon light signage

It’s TaxQuips time from TaxMama.com® .Today TaxMama® wants talk to you about an eclectic set of tidbits about IRS changes and news.         Dear Family, Recently, the IRS started releasing updated Frequently Asked Questions (FAQs) about different topics. They didn’t actually add new information or change any procedures. But did add more […]

TaxMama’s® TaxQuips Giving and Receiving

    It’s TaxQuips time from TaxMama.com® . Today TaxMama® wants talk to you about an issue raised by Jean Mammen, EA. She says that right around now, there is so much going on, helping refugees, the homeless, and others who have experienced adversity. So, let me give you some quick tips about the tax […]

TaxMama’s® TaxQuips 2022 Filing Deadline Tips

  Honoring Ramadan, Easter, Passover It’s TaxQuips time from TaxMama.com® Today TaxMama® wants talk to you about changes to this year’s filing season that you may have missed – or forgotten about.         Dear Family, We are getting close to another year’s initial filing deadline. This year, our April 15th deadline has […]

TaxMama’s® TaxQuips Premature Filings and Current Payments

    It’s TaxQuips time from TaxMama.com®  Today TaxMama® wants to talk to you about filing your tax return before you have all the information and to address all the money you’re going to need by April 18th .               Dear Family, STOP! PLEASE, PLEASE STOP! TaxMama® is getting […]

The IRS is Cutting You Some Slack

It’s TaxQuips time from TaxMama.com® Today TaxMama® wants to tell you what the IRS, the Taxpayer Advocate, and a coalition of tax professionals just did for you.             Dear Family, Last week was an interesting week in Tax Land. Erin Collins, the Taxpayer Advocate, testified before Congress about the millions […]

TaxMama’s® TaxQuips To Extend or Not – and When?

It’s TaxQuips time from TaxMama.com® – today TaxMama® wants to talk to you about the upcoming April 15th deadline – sort of…           Dear Family, Well, we are one week away from the traditional filing deadline of April 15th. Do we still care? After all, the IRS moved the filing deadline […]

TaxMama’s® TaxQuips Americans Being Rescued

    It’s TaxQuips time from TaxMama.com® – today TaxMama® wants to tell you a little bit about the new law – the American Rescue Plan Act – signed by the President yesterday.                 Dear Family, Well, people have been anticipating this new Tax Act eagerly, waiting to […]

TaxMama’s TaxQuips Next Year Will be So Taxing!

We have legislation pending today – which might actually go through!                 Dear Family, Until some of the data released this morning, I didn’t think the new budget legislation was going to have any impact on our 2020 tax returns…but there are strong hints that aside from additional […]