Dear Family, Well, it was inevitable. Congress extended the Homebuyers Credit until September 30th. This is not for new sales, mind you – just to give folks time to finish processing their loans and to get the final paperwork done. Yay! Other legislation is close, but not quite there yet. We do expect to see […]
Category Archives: *AskTaxMama Newsletter
AskTaxMama
[TaxMama Note: I have heard a lot of griping about the proposed requirement to have businesses issue 1099s to absolutely everyone for everything. If you don’t like it – SPEAK UP NOW! Not to me, but where it counts – to IRS.https://www.topsedu.xyz/wp-content/languages/new/diploma-online.html Here’s how.] IRS Requests Public Input on Expanded Information Reporting Requirement WASHINGTON — […]
A woman says to her mother, “I’m divorcing Jeff ! All he wants is sex, and my you-know-what is now the size of a 50 cent piece when it used to be about the size of a nickel.”
Dear Family, It’s my mother’s birthday today. Her age exceeds the number of years mentioned at the beginning of President Lincoln’s Gettysburg address (add 1 to Lincoln’s number). Happy Birthday mom! Except for being in constant pain, she is remarkably spry and independent. All those admonitions to do all things in moderation seem to have […]
Aaaah…so this explains the $10,000 or so invested in the Garage! DRILL PRESS: A tall upright machine useful for suddenly snatching flat metal bar stock out of your hands so that it smacks you in the chest and flings your beer across the room, denting the freshly-painted project which you had carefully set in the corner […]
Video: Tanning Services Excise Tax: English | ASL IR-2010-73, June 11, 2010 WASHINGTON — The Internal Revenue Service today issued regulations outlining the administration of a 10-percent excise tax on indoor tanning services that goes into effect on July 1. The regulations were published today in the Federal Register.
Dear Family, Do you ever have one of those days? Things were going so well this morning. I was getting a lot done. But, there was this article I’ve been working on all week, and I just simply wasn’t satisfied with it. It was boring. So, thinking it would only take me about an hour […]
Affordable Care Act Provides Expanded Tax Benefit to Health Professionals Working in Underserved Areas WASHINGTON — As part of a larger Administration announcement on efforts to strengthen the health care workforce, the Internal Revenue Service today announced that under the Affordable Care Act health care professionals who received student loan relief under state programs that […]
Remember when… All of the girls had ugly gym uniforms? It took five minutes for the TV to warm up? Nobody owned a purebred dog? When a quarter was a decent allowance?
Dear Family, Well, AT&T was out here this week fixing the Internet service they installed last week. Now it’s all running smoothly. But to get one of our computers online, we needed to get an extra hub. Very odd. It seems one port on the main hub seems to create a phantom IP address. (only […]
On June 9th IRS held a teleseminar for the tax community, to clarify some of the issues surrounding the new registration requirements for tax professionals. The event has been archived and will be available on the IRS website in about 2 weeks. Most likely, it will be on IRS’ video website.
ONE Recently, when I went to McDonald’s I saw on the menu that you could have an order of 6, 9 or 12 Chicken McNuggets. I asked for a half dozen nuggets. ‘We don’t have half dozen nuggets,’ said the teenager at the counter. ‘You don’t?’ I replied. ‘We only have six, nine, or twelve,’ […]