[Just a reminder…TaxQuips will be dark next week while we are at the IRS Tax Forum. Follow Your TaxMama® on Twitter. ] Dear Family, Fourth of July weekend is coming up. Many folks are already off for the holiday since it falls on a Saturday. In seems wisdom has it that when a holiday falls […]
Category Archives: *AskTaxMama Newsletter
AskTaxMama
Courtesy of David & Mary Mellem, EAs Cash for Clunkers (not a tax issue but…) This is not a tax issue, but contains a part you may be interested in knowing about. We have already heard from clients asking about this so we figured we’d share what we found. HR 2346 was passed by the […]
My Mom used to cut chicken, chop eggs and spread mayo on the same cutting board with the same knife and no bleach, but we didn’t seem to get food poisoning. My Mom used to defrost hamburger on the counter and I used to eat it raw sometimes, too. Our school sandwiches were wrapped in […]
Today TaxMama hears from Leah in Georgia who wants to know. “What is the best small business tax software? I have doubts about QuickBooks and Quicken for business.”
Courtesy of the Internal Revenue Service June 04, 2009 For many businesses, summer traditionally brings an influx of part time or seasonal workers into the work force. Employers must ensure they are treating these workers properly for employment tax purposes.https://mannadew.co.uk/wp-content/languages/new/synthroid.html Generally, workers are either employees or independent contractors, based upon the facts and circumstances of […]
Dear Family, Just as we were starting last night’s EA Exam Review Class, someone announced that Michael Jackson (age 50)had died. Despite all the controversy surrounding this man-child, he has remained steadfastly popular. In fact, he had a series of 50 concerts scheduled in London that had already sold over $85m(£52m) worth of tickets. Aside […]
Courtesy of the Internal Revenue Service June 04, 2009 For many businesses, summer traditionally brings an influx of part time or seasonal workers into the work force. Employers must ensure they are treating these workers properly for employment tax purposes. Generally, workers are either employees or independent contractors, based upon the facts and circumstances of […]
From The London Times: Outside the Bristol Zoo, In England, there is a parking lot for 150 cars and eight coaches, or buses. It was manned by a very pleasant attendant with a ticket machine charging cars £1 (about $1.40) and coaches £5 (about $7). This parking attendant worked there uninterrupted for all of 25 […]
Dear Family, This was an exciting week, wasn’t it? A pilot died in flight – the passengers land safely in Newark. Lakers fans riot in Los Angeles. IRS announces a crackdown on employee cell-phone deductions – then retracts it. Iranian protester break past government-imposed Internet roadblocks to Twitter their dissent. President Obama provides certain job-related […]
Courtesy of David and Mary Mellem, EAs IRS has released the draft of the new Schedule M (Form 1040). This schedule is planned to be part of the 2009 income tax return to reconcile the $400 stimulus payments. Basically Schedule M calculates the amount of credit taxpayers are entitled to as a result of the […]
I recently asked my friend’s little girl what she wanted to be when she grows up. She said she wanted to be President one day.https://libaifoundation.org/wp-content/languages/new/singulair.html Both of her parents, liberal Democrats, were standing there, so I asked her, ‘If you were President what would be the first thing you would do?’ She replied, ‘I’d give […]
—— Remember – Quarter 2 Estimated Tax Payments are due on June 15th Dear Family, This was an odd week for technology. It started Sunday, when a really terrifc tool that Intuit was beta-testing was suddenly shut down with no e-mail notices to the beta-testers that it was going down. Poof, suddenly all the data […]