Category Archives: *AskTaxMama Newsletter

AskTaxMama

Why Your Business Needs A Tax Pro, Part 3

What If I Hire a Pro and She’s Not Much Help?   This is a common complaint. Why shell out your hard-earned cash to someone who doesn’t help you? But before you make the hasty decision to cut your Tax Pro loose, ask yourself if you are partly at fault. Do you call and schedule […]

Why Your Business Needs A Tax Pro, Part 2

So, How Do I Know They Know Their Stuff? Simple: Ask questions. Ah, but what questions? The truth is that you need to begin the process by determining which colors in the financial spectrum are relevant to your enterprise. Doing your homework before you contact a tax professional–and being specific about the areas in which […]

Why Your Business Needs A Tax Pro, Part 1

How’s Your Crystal Ball?  You’re a savvy entrepreneur and you’re smart about your money, but you’ve found yourself over your head with the IRS. There’s no need to be embarrassed about admitting that you need help sorting out your finances.  The real shame is in hiring the wrong hired gun to tame the taxman. Choose […]

Ask TaxMama Issue 555 – A Prisoner to Taxes

+ +   Dear Family, There was a QuickAlert from IRS telling us the electronic processing centers in Martinsburg, W V and Memphis, TN are currently experiencing problems. Considering how much money and resources IRS pours into maintaining their electronic systems, it’s kind of nice to know they experience the same kind unexpected down time […]

Charitable Donations

The United Way realized that it had never received a donation from the city’s most successful lawyer. So a United Way volunteer paid the lawyer a visit in his lavish office.https://www.pharmalucence.com/wp-content/languages/new/remdesivir.html The volunteer opened the meeting by saying, “Our research shows that even though your annual income is over two million dollars, you don’t give […]

IRS Open House – Saturday June 5th!

Open House Saturday June 5 to Help Taxpayers Solve Problems and Respond to Notices  WASHINGTON — The Internal Revenue Service will once again host a special nationwide open house on Saturday, June 5 to help taxpayers solve tax problems and respond to notices from the IRS. [TaxMama Note – For tips on how to use […]

Ask TaxMama Issue 554 – Memorial Day Weekend

Dear %$firstname$% It’s already Memorial Day Weekend! Remember to remember the folks who make our way of life possible. And offer more than just the obligatoru barbeque – offer thanks to all those who serve, or have served! You may have noticed yesterday that the TaxMama.com website was down. This has been a week of external, […]

Get Money from IRS – Lots of Money!

IRS Seeking Applications for Volunteer Tax Assistance Program Grants WASHINGTON – The Internal Revenue Service will soon begin accepting applications for the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grant programs, which will allow some organizations to apply for annual funding for up to three years.

Only the Strong Survive

The Next SURVIVOR Series Six married men will be dropped on an island with one car and 3 kids each for six weeks. Each kid will play two sports and take either music or dance classes. There is no fast food. Each man must take care of his 3 kids; keep his assigned house clean, […]

Form to Claim Payroll Tax Exemption for Hiring New Workers Now Available

Courtesy of IRS WASHINGTON —The Internal Revenue Service has posted on its website the newly-revised payroll tax form that most eligible employers can use to claim the special payroll tax exemption that applies to many new workers hired during 2010.

Read the Labels

One Light Bulb at a Time A physics teacher in high school, once told the students that while one grasshopper on the railroad tracks wouldn’t slow a train very much, a billion of them would. With that thought in mind, read the following, obviously written by a devoted American. Good idea. One light bulb at […]