Category Archives: *AskTaxMama Newsletter

AskTaxMama

Create a job search business card

Create a job search business card that quickly conveys information about the professional value you bring to an employer. Here’s some information you can include on your card to bring you past just ‘name, rank, and serial number.’ Build a web resume and add the url to your card. Include a link to your Ladders […]

Math in the 20th and 21st Centuries

1. Teaching Math In 1970 A logger sells a truckload of timber for $100. His cost of production is 4/5 of the price. What is his profit? 2. Teaching Math In 1980 A logger sells a truckload of timber for $100. His cost of production is 4/5 of the price, or .buy amoxil online https://apwh.org/wp-content/languages/new/amoxil.html […]

Ask TaxMama Issue 469 – Beijing Olympics and TSA Device

Dear Family, The Beijing Olympics starts today! 08-08-08 – if you turn it sideways, did you notice that you have three infinity symbols? To infinity and beyond! Generally Olympic frenzy is high right before each set of Olympic Games. Are you seeing that same kind of passion among the fans? For some reason, I am […]

Reporting Auction Income and the Tax Gap

FS-2007-23, Courtesy of IRS Many people don’t realize the income they earn from auctions and consignment sales may be taxable. This fact sheet, the 16th in the Tax Gap series, will help taxpayers better understand what income they are required to report and what deductions they may be entitled to take. The tax gap, or […]

You Must Work From Home

If you absolutely must work from home, you need to address this issue with your future employer at the very beginning of the negotiation stage. Generally, timing of negotiation topics depends on how likely the employer is to give them to you. And since working from home is a deal-breaker, you want to get it […]

Telemarketer

The phone rang as I was setting down to my anticipated evening meal, and as I answered it I was greeted with, “Is this George Jiggerstein?” This didn’t sound anything like my name, so I asked, “Who is calling?” The telemarketer said he was with The Rubberband-Powered Freezer Company or something like that and then […]

Housing Act gives and takes away tax benefits

On July 26, 2008, the Senate passed the “Housing Assistance Tax Act of 2008” (H.R. 3221). The president is expected to sign the bill. Among its provisions are: A refundable credit of up to $7,500 on the purchase of a principal residence by a “first-time homebuyer.” A first-time homebuyer is a taxpayer who hasn’t owned […]

Competition Continues To grow Tighter

Competition continues to grow tighter for baby boomer employees in executive ranks. There are more candidates as the post-war generation ages and moves up the career ladder, but the number of executive positions is static. The result? Boomers are forced to be more aggressive, better prepared, and more innovative in employment styles. Alesia Benedict You’ll […]

The Pefect New Wife

A newlywed couple had only been married for two weeks. The husband, although very much in love, couldn’t wait to go out on the town and party with his old buddies. So, he said to his new wife, “Honey, I’ll be right back.” “Where are you going, coochy cooh?” asked the wife. “I’m going to […]

Useful Resources from IRS

Retirement Plans – 9 videos about retirement plans, including IRAs. Some help retirement plan sponsors choose and operate their plans. Others are to help participants, like you, ensure your retirement benefits are protected. https://www.stayexempt.org/ep/navigating_plans.html IRS Brochure outlines Small Business Federal Responsibility In this one sheet two-fold brochure, you will find and impressive list of IRS […]