Category Archives: *AskTaxMama Newsletter

AskTaxMama

Help for California Wildfire Victims

[Courtesy of the Internal Revenue Service] The Internal Revenue Service is closely watching the situation in Southern California and will soon issue specific guidance for victims of the wildfires. In the meantime, if you own property damaged by fire in the presidential disaster area, you have a choice: You may claim uninsured or unreimbursed disaster […]

Motivation

The quote: “Motivation is a fire from within. If someone else tries to light that fire under you, chances are it will burn very briefly.” ?Stephen R. Covey Tip of the week: “State Your Case. If you’re seeking a job in a field in which you have no prior experience, don’t use a chronological format. […]

Pun fucius say…

Man who run in front of car get tired. Man who run behind car get exhausted. Man with one chopstick go hungry. Man who scratches behind should not bite fingernails. War doesn’t determine who is right, war determines who is left. Wife who put husband in doghouse soon find him in cathouse. Man who fight […]

Ask Taxmama Issue 430 – Passing On – With Joy

Dear Family, Well, at long last, tax season is over. And coming up next month, there no tax deadlines you need worry about. Hooray! It’s also the end of a life. Last night, Storey Bonner Cordell closed his eyes for the last time. He’s off to join his wife. All week long, his friends visited […]

IRS Warns Taxpayers About Certain Trust Arrangements Sold As Welfare Benefit Funds

[Courtesy of IRS] WASHINGTON – The Internal Revenue Service and the Treasury Department cautioned taxpayers about participating in certain trust arrangements being sold to professional corporations and other small businesses as welfare benefit funds and identified some of the arrangements as listed transactions. There are many legitimate welfare benefit funds that provide benefits, such as […]

Prepare for a Background Check

The quote: “Perseverance is not a long race; it is many short races one after another.” ?Walter Elliott Tip of the week: “Avoid surprises: prepare for a background check. Ninety percent of employers today are conducting some type of background check on job applicants and over 80% of companies say that discrepancies on a job […]

Murphy’s Laws of Bureaucracies

Acheson’s Rule of the Bureaucracy : A memorandum is written not to inform the reader but to protect the writer. Rule of Bureaucracies : It is impossible to distinguish, from a distance, whether the bureaucrats associated with your project are simply sitting on their hands, or frantically trying to cover their asses. Principle of Displaced […]

Ask Taxmama Issue 429 – The Final Deadline

Dear Family, Tax season countdown – 3 days. Are taxes a mystery to you? That’s what makes them fun! You’ve been very active this week. Fascinating notes, comments, suggestions – and a story. Did you the story of Blaire Borthayre’s family? https://taxquips.com/index.php?cat=Tradition! In many ways, she could have been writing about my family. In speaking […]

Don’t Overlook Tax Breaks

Tax-filing Extension Expires Oct. 15; Don’t Overlook Tax Breaks, Choose e-file or Free File, IRS Urges IR-2007-165, Oct. 5, 2007 WASHINGTON — The Internal Revenue Service today urged taxpayers whose tax-filing extension runs out on Oct. 15 to double check their returns for often-overlooked tax breaks and then file their returns electronically using IRS e-file […]

Lubricating Outside the Box

A man doing market research for the Vaseline Company knocked at the door and was greeted by a young woman with three small children running around at her feet. “I’m doing some research for Vaseline. Have you ever used the product?” She said, “Yes. My husband and I use it all the time.” “If you […]

Ask Taxmama Issue 428 – Columbus Day Weekend

Dear Family, Tax season countdown – 10 days. Monday is Columbus Day, so don’t expect to be mailing anything to anyone via the USPS. Do you ever have one of those days? Does everyone else have days like that, too, that day? Yesterday was an odd day like that. A friend called and said she […]

Your Culture – all about YOU

Listen to Tradition! In the course of my articles, I sit here and tell you about my cultural background. I do that because it’s what I know and grew up with. I’d love to know about your culture and traditions. So, here’s a place where you can post your stories, your traditions, your practices. Actually, […]