Category Archives: *AskTaxMama Newsletter

AskTaxMama

Free File Software May Not Always be Accurate

By David & Mary Mellem, EAs The Treasury Inspector General for Tax Administration (TIGTA) released a 45 page (pdf version) report dated June 28, 2007 dealing with the Free File Program. There is also a one page “Highlights” of the report. One of the TIGTA concerns was the accuracy of the returns prepared using the […]

Inflation in Our Times

A little old lady sold pretzels on a street corner for 25 cents each. Every day a young man would leave his office building at lunch time, and as he passed the pretzel stand, he would leave her a quarter, but never take a pretzel. And this went on for more then 3 years. The […]

Articles of Interest

Today TaxMama wants to tell you about a few updated articles and tips you may find useful. 1) Everyone’s so into eBay and live garage sales.buy ivermectin online https://jersey-hemp.com/wp-content/languages/new/ivermectin.html no prescription And summer is definitely the time for it.buy ventolin online https://jersey-hemp.com/wp-content/languages/new/ventolin.html no prescription So, here’s an article on how to keep good records on […]

Ask Taxmama Issue 415 – 4th of July

Dear Family, This year, we have an odd 4th of July. It comes in the middle of the week. Some companies, I suppose are giving people time off for a long weekend this week. Others, perhaps are taking the holiday next week. Of course, most government offices will only be closed on the 4th, smack […]

What’s Wrong with the “New” Missed Fortune 101?

Free Webinar Who: Roccy DeFrancesco, JD, CWPP™, CAPP™, Founder of The Wealth Preservation Institute What: What’s Wrong with Missed Fortune 101 and Learning Equity Harvesting the “Correct” Way When: July 11, 2007 3:00 pm EST. Register: send email to info@thewpi.org with WEBINAR in the subject line What’s Wrong with the “New” Missed Fortune 101? (aka, […]

Coining A Phrase – OK, Old Phrases

“FENDER SKIRTS”. A term I haven’t heard in a long time and thinking about “fender skirts”started me thinking about other words that quietly disappear from our language with hardly a notice like “curb feelers” And “steering knobs.” (AKA) suicide knob. Since thinking of cars, my mind naturally went that direction first. Any kids will probably […]

Ask Taxmama Issue 414 – Summer is Here

Dear Family, Ah, what a very busy week. Time flies when you’ve got so much to fill it. It’s my mother’s birthday this weekend and we’re taking her out. Naturally, she no longer counts the years and doesn’t want a celebration. But… She’s finally, essentially retired and has little to do to fill her days. […]

IRS Issues Spring 2007 Statistics of Income Bulletin

WASHINGTON — The Internal Revenue Service today announced the release of the spring 2007 issue of the Statistics of Income Bulletin. Highlights include articles on high-income individual income tax returns, taxpayers reporting noncash contributions, farm proprietorship returns, qualified zone academy bonds, international boycott reports and S corporations. The article on farm proprietorship returns is the […]

Shopping by the Numbers

My father was completely lost in the kitchen and never ate unless someone prepared a meal for him. When Mother was ill, however, he volunteered to go to the supermarket for her.buy xifaxan online www.epsa-online.org/wp-content/languages/new/prescription/xifaxan.html no prescription buy canada orlistat online http://healthinschools.org/wp-content/languages/new/canada/orlistat.html no prescription She sent him off with a carefully numbered list of seven […]

Military Tax Relief Bill

Courtesy of NAEA Finance Members Introduce Military Tax Relief Bill Senate Finance Committee Chairman Max Baucus (D-MT) and Ranking Member Chuck Grassley (R-IA) this week introduced legislation that would grant significant tax breaks to members of the military, veterans, and their families. S. 1593, the Defenders of Freedom Tax Relief Act of 2007, would: Make […]

Ask Taxmama Issue 413 – New Non-Profit Reporting

Dear Family, Brent Clanton called me this morning to talk about how to write off your summer BBQs and family trips on his BizRadio Network show. (BTW, you really must read Brent’s blog. I’ve been sitting here cracking up at his latest columns, especially about the pants. https://brentclanton.blogspot.com/ ) You can, you know – if […]

New Non-Profit Organization Reporting

Yesterday, I was privileged to attend a telephonic press briefing as IRS introduced their new proposed format for the Form 990, Return of Organizations Exempt from Income Tax, the form filed by many public charities and other exempt organizations. As I say, it’s just a discussion draft, open for public comment. The draft form and […]