Category Archives: *AskTaxMama Newsletter

AskTaxMama

Ask TaxMama Issue 574 – Happy Halloween

  Dear Family,  This is shaping up to be a scary weekend. There are Howloween parties for costumed pets and Haute Dogs all over the place. The amusement parks have added special new attractions to spook the willing. And there are over 400,000 results when you search for Halloween parties for children.   But we adults […]

FTC Enforcement Deferred for Tax Debt Relief Services

Addendum – about debt relief in 2020: Bankrate recently published a guide, “How long can a debt collector pursue old debt?” which would be a great addition to that page, as it highlights what you need to know about old debt collection. Their guide was created using insight from experts to help those struggling with […]

IRS Announces Pension Plan Limitations for 2011

WASHINGTON — The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2011. In general, these limits will either remain unchanged, or the inflation adjustments for 2011 will be small. Highlights include:

Old and Accountable

All of us should live so long as to be this kind of old person!   Toward the end of Sunday service,  the Minister asked, ‘ How many of  you have forgiven your enemies?’ 80% held up their hands.

Ask TaxMama Issue 573 – Wealth of Spirit

Dear Family, Just in case you’re looking for it, it may not be here for a while. The TaxMama site is undergoing some maintenance this morning. Rebalancing servers and the like. I was hoping it would be ready for prime time, but…perhaps it will be ready by the time I am speaking at the Virtual […]

IRS Issues Final Regulations on New Basis Reporting Requirement

For Investors, Reporting Gains and Losses Gets Easier Starting in 2011 WASHINGTON — The Internal Revenue Service today issued final regulations under a law change that will require reporting of basis and other information by stock brokers and mutual fund companies for most stock purchased in 2011 and all stock purchased in 2012 and later […]

IRS Warnings about new Phishing Scams

How to Report and Identify Phishing, E-mail Scams and Bogus IRS Web Sites The IRS does not initiate taxpayer communications through e-mail. The IRS does not request detailed personal information through e-mail. The IRS does not send e-mail requesting your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts. […]

Sage Sayings

 1 – I’d kill for a Nobel Peace Prize.    2 – Borrow money from pessimists — they don’t expect it back.    3 – Half the people you know are below average.