Dear Family, The news is buzzing this week about Robert Rizzo, the City Manager of Bell who is being investigated and prosecuted for his outrageous compensation levels. He’s offended by all the hostile news coverage and being treated like a pinata. Even though, last June when the scandal hit the air, the news blasted that […]
Category Archives: *AskTaxMama Newsletter
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In honor of National Breast Cancer Awareness Month Women have strengths that amaze men… They bear hardships and they carry burdens, but they hold happiness, love and joy.
Dear Family, Taking a few days off, without phones, Internet or other contact to the outside world can be great for your spirits. It would also be terrific if you could go outside and romp in the sunshine, take long walks at sunset, and see an amazing view of the stars. If only! We found […]
We returned Tuesday afternoon to find parts of the house infested with ants. And one of my computers infected with something, or it got messed up during the brown-outs when temps hit 113 here in the Valley. The computer kept shutting down every few minutes for no apparent reason. So, I lost the week trying […]
WASHINGTON — The Internal Revenue Service today issued guidance providing relief to homeowners who have suffered property losses due to the effects of certain imported drywall installed in homes between 2001 and 2009. Revenue Procedure 2010-36 enables affected taxpayers to treat damages from corrosive drywall as a casualty loss and provides a ”safe harbor” formula […]
1. Americans spend $36,000,000 at Wal-Mart Every hour of every day. 2. This works out to $20,928 profit every minute! 3. Wal-Mart will sell more from January 1 to St. Patrick’s Day (March 17th) than Target sells all year. 4. Wal-Mart is bigger than Home Depot + Kroger + Target + Sears + Costco […]
Dear Family, Each week, I try to find an interesting graphic for the issue, and a related link. Have you ever clicked on the graphic at the top of an Ask TaxMama issue. You’ll find treasures there. For instance, this week, we feature the 1950s TV series Sky King. It started before I was born. […]
WASHINGTON — Following is a speech delivered by IRS Commissioner Doug Shulman today in Toronto, Canada. (See links to related materials at end of this document.) It is my great honor and privilege to be in Toronto addressing the ABA. It is a very busy time at the IRS. And while I could speak to […]
New Jobs Act brings tax benefits (9-23-2010) On September 23, the House passed the Small Business Jobs Act of 2010 (H.R. 5297). It is expected to be signed by the President. Among its provisions:
Over five thousand years ago, Moses said to the children of Israel , “Pick up your shovels, mount your asses and camels, and I will lead you to the Promised Land.” Nearly 75 years ago, (when Welfare was introduced) Roosevelt said, “Lay down your shovels, sit on your asses, and light up a Camel, this […]
Offices in All 50 States Will be Open Saturday, Sept. 25 to Provide Tax Assistance IR-2010-97, Sept. 14, 2010 WASHINGTON — The Internal Revenue Service will host a special nationwide open house on Saturday, Sept. 25 to help taxpayers –– especially veterans and people with disabilities –– solve tax problems and respond to IRS notices. […]