Category Archives: *AskTaxMama Newsletter

AskTaxMama

Webinar: Reconciling the 1099-K and 1099 MISC

This year, people in business or selling on eBay will be getting 1099s from both their banks (or PayPal) and their customers. Often, those 1099s will overlap, telling the IRS that you received much more money than you really earned. There is a trick to reporting these 1099s that will help you avoid audit, while […]

Determining Your Correct Filing Status

Courtesy of the IRS It’s important to use the correct filing status when filing your income tax return. It can impact the tax benefits you receive, the amount of your standard deduction and the amount of taxes you pay. It may even impact whether you must file a federal income tax return. Are you single, […]

Watch Today: Allianz Stole Premiums from Concentration Camp Victims

On Friday afternoon, February 15, at 5 pm Eastern Time, Huffington Post Live will have a program on the Holocaust insurance issue. Holocaust Survivor Foundation (HSF) leaders Leo Rechter and Ivar Segalowitz will be live in the NYC studio with the moderator, and eminent historian Edwin Black, author of IBM and the Holocaust, will participate, […]

Sick Humor

The patient receives a letter from the hospital describing what will happen when she arrives. She will be assigned her own personal nurse-advocate. One the nurse’s duties will be to mark the location of the surgery on her body. The other is to ensure that the doctors operate on the correct side or limb – […]

Ask TaxMama Issue 673 – Be my Valentine

Dear Family, We’ve answered a lot of questions this week. They just flooded in from all over, between Yahoo! and KFWB, and MarketWatch and Equifax, the articles and interviews were out there, with new people finding a resource.

Missing Your W-2? Here’s What to Do

IRS Intensifies National Crackdown on Identity Theft

Courtesy of the Internal Revenue Service [TaxMama note: Did THIS ever happen to you? If you were the victim of tax identity last year, make SURE you get your special Identity Protection PIN (IP PIN) from the IRS so no one can steal your refund by pretending to be you.] WASHINGTON — Continuing a year-long enforcement […]

Wisdom of the (S)ages

There will always be death and taxes; however, death doesn’t get worse every year. I am having an out of money experience.

Post your Tax Questions here

While the TaxQuips Forum is down, please…use this area to post your questions.   Yaay!!! The TaxQuips Forums are back up! You can now post.

Ask TaxMama Issue 672 Happy Super Bowl Weekend

Dear Family, It’s been a long day. Everyone seems to be working late. I am getting emails from the East Coast well after 8:00 pm their time. Of course, me? I’ve been on hold a lot of the day. The Tax Preparer Hotline (aka Practitioner Priority Service) hung up on me a few times. Once […]

Many Business Tax Filers Can File Next Monday

Courtesy of the IRS Many businesses will be able to file their 2012 federal income tax returns starting Monday, Feb. 4. Filers of forms affected by January tax law changes will need to wait until late February or early March. The Monday opening covers non-1040 series business returns for calendar year 2012, including  Form 1120  […]