Today TaxMama hears from Danny in New York City, who tells us, “In 2005 I was working for a consulting firm. as an employee doing doo-dad things for $20 an hour, part-time. In September, I became a consultant for them and worked full-time at a client company. When that happened (September) I continued to doo-dad […]
Category Archives: Deductions
Today TaxMama hears from Deb in NY whose husband is up to no good. “My husband insists that he can deduct the cost of his laptop and WiFi service as a part of ‘meals & entertainment’. Please tell me if this is true. I have no desire to get one of those ‘we’ve adjusted your […]
Today TaxMama hears from Bob in Plainfield, IL who tells us, “I am married filing jointly. My wife stays at home with our 3 children. I currently claim 12 allowances on my W-4 and still get money back at tax time. TurboTax recommended I increase my W-4 allowances to 99 and increase my 403(b) contributions […]
Today TaxMama hears from Jo Ann in Missouri who tells us, “I was watching the Early Show and watched a tax expert who was talking about deductions of which people may not be aware. At the very end, he mentioned that if you have an adult dependent that needs what my friend calls “mamma sitters”, […]
Today TaxMama hears from Granny in Georgia who asks.buy furosemide online https://healthsystems24.com/wp-content/languages/new/furosemide.html no prescription “I am preparing my granddaughter’s tax return. She is a married student and qualifies for the Hope credit.buy acyclovir online https://healthsystems24.com/wp-content/languages/new/acyclovir.html no prescription She received a 1098-T from the school. She has been told by others that in addition to this […]
Today TaxMama hears from Fran from Marietta, GA asks “Are you able to take sales tax deduction on automobile purchase?”
Today TaxMama hears from John in Vermont, who wants to know “I am presently in the midst of a fairly messy divorce with the main fighting being over income producing assets. Are the legal expenses associated with these assets deductible?”
Today TaxMama hears from Carol in Hudson, Florida, who tells us.https://pinnacle.berea.edu/wp-content/languages/new/personal-statement-editing-service.html “I am starting a website with cooking recipes and tips, plus drops-hipping kitchen items. My questions are: 1. When testing recipes, can the cost of ingredients be written off on taxes? 2. I will be writing reviews about kitchen utensils that I will be […]
Today TaxMama hears from Marilyn in Forestville, CA, who observes “I just looked over the ItsDeductible software/book and saw that you had given it a plug. I looked through some of their pricing and want to know if the IRS actually accepts those figures. The authors are dreaming – I am a big thrift store […]
Today TaxMama hears from Jimmy in McAlester, Oklahoma, who tells us “I began doing War Between the States re-enactments last year. Several people told me, to keep my receipts because uniforms, travel, equipment, and etc. were tax deductible. I have looked for something that allows this deduction and cannot find anything. if I were a […]
Today TaxMama hears from Ray, who tells us, “I just saw the article on deductions for a home office on WomensWallStreet.com. Something I learned last year from my tax advisor that needs to be disclosed is that when you sell your home, you get hit with Capital Gains tax on that home office location. In […]
Today TaxMama hears from Rose who says, “I have been gambling pretty heavily this year. I have forms showing that I have won in excess of $30,000. I have had state taxes withheld from each win. Unfortunately I wasn’t quite as good with the Federal. I did have some withheld. Going through my records (bank […]