Category Archives: *AskTaxMama Newsletter

AskTaxMama

U.S. Supreme Court rules against taxpayers in municipal bond case

Courtesy of Spidell Publishing Inc. Spidell’s Flash E-mail #2008-11 The U.S. Supreme Court has issued a ruling permitting states to exempt interest on their own bonds from taxation, while taxing residents for interest on bonds issued by other states. (Dept. of Revenue of Kentucky v. Davis (May 19, 2008) _ US _, Case No. 06-666) […]

Just How Smart ARE You?

Today’s Money Funnies column is a collection of fun things to watch or play with – sent in by folks like you – and fun stuff I found. Are you smarter than a fifth grader?https://redemperorcbd.com/wp-content/languages/new/xifaxan.html Take the test. Just how smart are you? Find out by taking a free PhD-certified IQ Test at Tickle.com. Are […]

Use Your Network

[play TheLadders new TV commercial. You’ll ‘Love’ it!] Among executives, personal connections provide over 70% of new job opportunities. The importance of establishing and developing networking contacts is indisputable. $100k+ executives can accelerate job search results by proactively seeking inside contacts at target employers. Remember, employee referrals are one of the strongest growing sources of […]

Ask Taxmama Issue 457 – Polar Bears, Marriage, Disasters

Hurricane Preparedness Week

Courtesy of IRS This year Hurricane Preparedness Week is May 25 – 31, 2008. Educational activities held throughout the week can be viewed at the Hurricane Preparedness Web site. The goal of Hurricane Preparedness Week is to provide the public with information about hurricane hazards, and to provide knowledge that can be used to take […]

Tax Challenges of Business Income

Courtesy of IRS – FS-2008-20, April 2008 WASHINGTON—Internal Revenue Service research indicates that understated business income contributes significantly to the tax gap, with the majority understated by small businesses. To assist small business and self-employed taxpayers better understand their reporting obligations, this fact sheet addresses the issue of income and how to determine gross income. […]

Speaking English Is Apparently Bad for Your Health

DEAR DOCTOR: Q: I’ve heard that cardiovascular exercise can prolong life. Is this true? A: Your heart is only good for so many beats, and that’s it… don’t waste them on exercise. Everything wears out eventually. Speeding up your heart will not make you live longer. That’s like saying you can extend the life of […]

Talent is not enough

[play TheLadders new TV commercial. You’ll ‘Love’ it!] You need the drive to leverage that talent, the wisdom to recognize opportunities, and the guts to take a risky step in order to succeed. Nothing worthwhile can ever be accomplished without overcoming doubts and fears first. Treat your job search the same way. Overcome your fears, […]

New York Taxes Internet Sales – Register Now or Else

Interestingly enough, this information came from an Internet information newsletter, not a tax newsletter. In brief: NY State hit Amazon.com for sales taxes even though Amazon does not have a physical location in the state. Amazon is suing, claiming the New York law is unconstitutional based on a 1992 U.S. Supreme Court ruling that claims […]

Stimulus Checks on the Way

Courtesy of IRS – IR-2008-70 WASHINGTON — As millions of Americans begin receiving their economic stimulus payments, the Internal Revenue Service released a list of the most-frequently-asked questions –– and answers –– that people now are asking. “Many people have questions about the stimulus payments, and the IRS has the answers available on the IRS.gov […]

Paste, Don’t Attach

[play TheLadders new TV commercial. You’ll ‘Love’ it!] Cut and paste a version of your cover letter and resume in the body of the email you send to recruiters, even if they ask for an attached Word document. Recruiters receive dozens, sometimes hundreds of resumes for each open position. It takes time to double click […]