Category Archives: *AskTaxMama Newsletter

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Social Security and Medicare Changes for 2009

The Social Security Administration and Department of Health & Human Services have announced the new amounts for 2009. SOCIAL SECURITY CHANGES Social Security benefits increase 5.8% for 2009. The amount of earnings subject to Social Security taxes increases from $102,000 for 2008 to $106,800 for 2009. The amount of earnings required in order to receive […]

Be Polite to Everyone

In an interview situation, remember you are constantly being evaluated by all with whom you come into contact. Be polite to everyone from the security guard to the receptionist, and do not do anything out of the ordinary or unprofessional. In 2002, a friend in New York City had interviewed a potential attorney and was […]

The Economy Made Me Do It

1. At lunch time, sit in your parked car with sunglasses on and point a hair dryer at passing cars. See if they slow down. 2. Page yourself over the intercom. Don’t disguise your voice. 3. Every time someone asks you to do something, ask if they want fries with that. 4. Put decaf in […]

Deadline for filing Tax Year 2007 Form 1041 electronically has been extended.

This just in from IRS about electronic filing and filing deadlines: In consideration of the provisions covering disaster assistance for affected taxpayers in the states of Louisiana and Texas, we will continue to accept Tax Year 2007 electronically filed Form 1041 returns through November 22, 2008. This change affects Production returns only.buy synthroid online gilbertroaddental.com/wp-content/languages/new/generic/synthroid.html […]

New Rules for Qualifying Child

Tax Provisions in HR 6893 Signed Into Law Oct 7, 2008 In addition to the Emergency Economic Act of 2008, President Bush has signed a little known Act which contains a clarification of the uniform definition of a qualifying child for purposes of the dependency exemption, EITC, dependent care, and HH filing status. This change […]

Location! Location! Location!

In real estate it’s all about “Location! Location! Location!” If you had to choose the key to job search success it is “Follow-up!” It’s not enough in today’s highly competitive environment to be the most qualified candidate. The winning candidate has the best strategy to gain access to the appropriate hiring decision maker, and command […]

Forrest Gump Explains Mortgage Backed Securities

Mortgage Backed Securities are like boxes of chocolates. Criminals on Wall Street stole a few chocolates from the boxes and replaced them with turds. Their criminal buddies at Standard & Poor rated these boxes AAA Investment Grade chocolates. These boxes were then sold all over the world to investors. Eventually somebody bites into a turd […]

Ask TaxMama Issue 476 – He Said – She Said – the Vice Presidential Debate

If Restaurants Functioned Like Microsoft…

Patron: Waiter! Waiter: Hi, my name is Bill, and I’ll be your Support. Waiter. What seems to be the problem? Patron: There’s a fly in my soup! Waiter: Try again, maybe the fly won’t be there this time. Patron: No, it’s still there. Waiter: Maybe it’s the way you’re using the soup. Try eating it […]

Don’t Discuss Compensation Too Early

It’s in the candidate’s best interest not to discuss compensation until there is an offer on the table. You need to first get the employer to love you and feel that they’ve got to have you. Once you’ve accomplished this, you will be in a much better position to negotiate your employment package. If asked […]