A little girl became restless as the minister’s fund-raising appeal sermon dragged on and on. Finally, she leaned over to her mother and whispered, “Mommy, if we give him the money now, will he let us go? Ask TaxMama :: Where taxes are fun and answers are free TaxQuips :: The number ONE tax podcast […]
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RESEARCH FINDS MILLIONAIRES TURN THEIR ADDRESS BOOKS INTO CHECK BOOKS MORE THAN NON-MILLIONAIRES Use of Social Networks Dispels Myth that the Rich “Go it Alone” in Achieving Success 74% of Americans Want to Turn their Profits into Passions New York, April 26, 2007—Millionaires use social networks – ranging from the government and their alma maters […]
Happy Birth Anniversary of Frank Lloyd Wright, 1867 Dear Family, Let me introduce you to someone new. Kathryn Durham is the passionate author of Mom, Can You Buy Me This? Today she turns her passion to children being sent pre-approved credit cards. Kathryn strikes a chord with today’s article – Credit Cards vs Cigarettes. Well, […]
By David & Mary Mellem, EAs The issue is whether a tax practitioner can be convicted under §7206(2) for preparing a fraudulent return and presenting it to the taxpayer with the expectation that the taxpayer will file the return or whether the return has to be presented to IRS for processing in order for the […]
IRS Updates National Research Program for Individuals IR-2007-113, June 6, 2007 WASHINGTON — Internal Revenue Service officials today announced plans to launch a new National Research Program (NRP) reporting compliance study for individual taxpayers that will provide updated and more accurate audit selection tools and support efforts to reduce the nation’s tax gap. The latest […]
A Hassidic family is most concerned that their 30-year-old son is unmarried. So they call a marriage broker and ask him to find their son a good wife. The broker comes over to their house and spends a long time asking many questions of the son and his parents as to what they want in […]
Dear Family, Well, my week of sleeping late and waking up to daylight is about to end – just as your vacations are starting. Now it’s your turn. The world is filled with graduations and new beginnings this week. For parents, a huge weight is lifted as your children complete this phase of life and […]
By David & Mary Mellem, EAs This Act, made Public Law 110-28 by President Bush’s signature on May 25, 2007, increases the Federal Minimum Wage and provides some tax changes as well. It can be found at the government’s web site of thomas.loc.gov by searching for HR 2206 or by going to Public Laws and […]
A Washington, DC, airport ticket agent offers some examples of why our country is in trouble! 1. I had a New Hampshire Congresswoman ask for an aisle seat so that her hair wouldn’t get messed up by being near the window. (On an airplane!) 2. I got a call from a candidate’s staffer, who wanted […]
Courtesy of NAEA – The National Association of Enrolled Agents Small Business Tax Breaks to Be Sent to President (Again) Congress this week approved a package of small business tax breaks and an increase in the minimum wage; both were tagged onto H.R. 2206, a bill funding the Iraq war through September 30, 2007. President […]
Dear Family, TaxMama gets dozens of requests each day to link to someone’s site. Usually, they’re garbage sites, with the links just designed to bring traffic so people will click on the Google Adsense ads so they can get paid. (Did you know that if you have a website or blog, you can have Google […]
From Joyce Ragels , EA in Arizona An old friend is the current President of the Women’s Army Corps Veterans Association (WACVA). She just notified me of a special dedication show this weekend. In honor of veterans and their families, 60 MINUTES will be devoting its entire Memorial Day weekend broadcast to the 1st Battalion […]