Dear Family, Busy week, with lots of catching up to do. One of the discussions that has been interesting is whether or not employees are allowed to use the IRS per diem rates for lodging if their employer does not have a reimbursement plan. The discussion has been playing out in two places – on […]
Category Archives: *AskTaxMama Newsletter
AskTaxMama
Creative solutions are important, both in the business world and at home. Those who can think outside the can are most apt to get hired. 1. Put both lids of the toilet up and add 1/8 cup of pet shampoo to the water in the bowl.
A Tiered Approach to Credentialing Is Recommended WASHINGTON, DC (July 28, 2011)—The National Association of Enrolled Agents (NAEA) today presented testimony at a hearing before the House Ways and Means Committee Subcommittee on Oversight. The focus of the hearing was to review the new requirements for paid tax return preparers developed by IRS as part […]
Courtesy of IRS WASHINGTON — The Internal Revenue Service today announced that it will extend help to more innocent spouses by eliminating the two-year time limit that now applies to certain relief requests. “In recent months, it became clear to me that we need to make significant changes involving innocent spouse relief,” said IRS Commissioner […]
Betty T. Yee, First District Member of the California State Board of Equalization (BOE), today announced that the Board approved the 2011 Use Tax Look-Up Table for calculating and reporting estimated California use tax on individuals’ state income tax returns. The intent of the table is to make it more convenient for taxpayers not registered […]
Courtesy of IRS If you are adopting a child in 2011, the Internal Revenue Service encourages you to familiarize yourself with the adoption tax credit. The Affordable Care Act increased the amount of the credit and made it refundable, which means it can increase the amount of your refund.
Dear Family, What a delightful week – nary a technical disaster in sight. I’ve spent the week trying to get AT&T to give me a quote on faster Internet services (like a T-1 line or DSL or…) but after wasting a couple of days on that, I realized something. I work with a small […]
Courtesy of IRS Hiding income offshore, identity theft and return preparer fraud topped the IRS’s list of tax scams in 2011. The Internal Revenue Service issues an annual list of the top 12 tax scams, known as the “Dirty Dozen.” These scams are illegal and can lead to significant penalties and interest and possible criminal […]
Courtesy of IRS Military personnel have some unique duties, expenses and transitions. Some special tax benefits may apply when moving to a new base, traveling to a duty station, returning from active duty and more. These tips may put military members a bit “at ease” when it comes to their taxes. Moving Expenses If you […]
Five cannibals get appointed as programmers in an IT company. During the welcoming ceremony the boss says to them, “You’re all part of our team now. You can earn good money here, and you can go to the company canteen for something to eat. So don’t trouble the other employees.” The cannibals promised they […]
Dear Family, This should be an interesting weekend around the country. The newest Harry Potter film was just released. Theaters should be packed. Rick bought up the last few films that we didn’t already have in our library. Goodness. The films and the books are getting darker and darker. They started out being so much […]
China is a very big force in the world today. And growing in economic influence. Apparently, 1 in 5 people in the world are Chinese.