Category Archives: *AskTaxMama Newsletter

AskTaxMama

Building Quality – not Quantity

Have you ever noticed that your copy machine and printer keep running out paper? If you don’t refill it before each print run, it’s bound to run out in the middle of a tax return. Or is it just that the few tax returns we actually print out are so bulky they practically eat up […]

Congress and their Foreclosure Fiasco – TaxMama’s Economic Idiot Award

TaxMama’s Economic Idiot Award goes the 58 Senators who voted for this plan. Speaking of wasting money. Did you follow the Congressional debates on the foreclosure crisis? [See links in Resource Box below.] What a total disappointment! Congress nixed the authority for bankruptcy judges to revise interest rates and principal on existing loans – so […]

IRS Offering Additional Part-Year Grants for Low Income Taxpayer Clinics in 12 States

Courtesy of IRS – IR-2008-049 WASHINGTON — National Taxpayer Advocate Nina E. Olson announced today that the IRS will accept applications for a part-year Low Income Taxpayer Clinic (LITC) matching grant from qualified organizations that will provide services to qualified taxpayers in the following areas: Los Angeles, California; Central Oregon; Boise, Idaho; Minneapolis, Minnesota; Reno […]

Stay on Top of Changes in Your Online Identity

To stay on top of changes in your online identity, set up Google News Alerts for all versions of your name. That way, you will get an email notification every time someone writes something about you online. In a job search, your Google results are becoming just as important as your resume and cover letter. […]

Economic Solution to Gas Crisis

Becky, who belonged to a synagogue group devoted to visiting and helping the sick members of her congregation, was out making her rounds visiting homebound patients when she ran out of gas. As luck would have it, a gas station was just a block away. She walked to the station to borrow a gas can […]

Hurricane Victims

New Guidance for 2005 Gulf Hurricane Victims (See Resource Box for live links) Information has been added to IRS.gov for Hurricane Katrina, Rita and Wilma victims who claimed casualty and theft losses on their individual income tax returns and are now handling reimbursements received in tax years after the loss occurred. Town hall meetings are […]

March 29 – A day of help for millions filing returns solely to obtain stimulus payments

Are you one of millions of Americans who need to file a tax return this year solely to obtain your economic stimulus payment? The IRS has set aside Saturday, March 29 as “Super Saturday,” a day of help just for you! Approximately 320 IRS offices will provide free help preparing a simple 1040A for people […]

Thinking of lying on your resume?

“Don’t do it! It will only hurt you in the end and the punishment will either come in the form of a lost interview opportunity or worse—a lost job and a damaged reputation. Everyone has accomplishments that are powerful enough to convey their value-add to an employer. You just need to put in the time […]

Paying Your Tax Bill

Dear Internal Revenue Service: Enclosed you will find my 2007 tax return showing that I owe $3,407.00 in taxes. Please note the attached article from the USA Today newspaper, dated 12 November, wherein you will see the Pentagon (Department of Defense) is paying $171.50 per hammer and NASA has paid $600.00 per toilet seat. I […]