Category Archives: *Tax Quips

TaxMama’s® TaxQuips Take Pressure Off your Tax Pro

Tax Season Blues

  It’s TaxQuips time from TaxMama.com®. Today TaxMama® wants to talk to you about the nervous breakdown your tax professional is about to have. And why.           Dear Family, I am extremely alarmed by what I am reading and seeing from the tax professional community – at all levels. From the […]

TaxMama’s® TaxQuips Americans Being Rescued

    It’s TaxQuips time from TaxMama.com® – today TaxMama® wants to tell you a little bit about the new law – the American Rescue Plan Act – signed by the President yesterday.                 Dear Family, Well, people have been anticipating this new Tax Act eagerly, waiting to […]

TaxMama’s TaxQuips March Tax News and Tips

  It’s TaxQuips time from TaxMama.com® – today TaxMama® wants to talk to you about the sticker shock (high tax return balances) you just faced – and how to reduce some of that financial pain.       Dear Family, There’s a lot going on right now, and new legislation about to be passed tomorrow. […]

Eight Tax Questions to Ask Before You Get Married

When two people fall in love, they tend to be blind to life’s realities. The last thing they want to do is bring up issues that might generate conflict, and let’s face it, the topic of taxes is definitely turbulent. Ask these tough tax questions before you get married – to avoid an inevitable divorce. […]

TaxMama’s TaxQuips February 2021 Tax News

Income Taxes

Wow, an entire month has just flashed by. We’ve been buried in work at our office – how about yours?                 Dear Family, The 2020 tax return filing brings lots of questions, a certain amount of uncertainty, and for many Americans, a surprise balance due. (You didn’t realize […]

Happy New Year 2021!

Whew! This has been an astonishing year. We still have new challenges to face in 2021. But look at what an inspiring group of women did to rise out of the ashes of a burned out town. The indomitable ladies in Paradise, California have pooled their spirits, resources and funds to help a woman who […]

TaxMama’s TaxQuips Next Year Will be So Taxing!

We have legislation pending today – which might actually go through!                 Dear Family, Until some of the data released this morning, I didn’t think the new budget legislation was going to have any impact on our 2020 tax returns…but there are strong hints that aside from additional […]

TaxMama’s Tax Roundtables 2020 (and 2019 archives)

TaxMama’s Tax Roundtable is a monthly live discussion open to all TaxMama Family Members and above, and all TaxMama’s EA Exam and Solving the Tax Puzzle Students. This is open mic time – ask anything you want and we’ll all do our best to help you. Please mark your calendars! It meets at 8:05 am […]

TaxMama’s TaxQuips Giving Tuesday

Today is a special day, especially precious to those facing serious challenges this year – it’s Giving Tuesday.

TaxMama’s TaxQuips Final Filing Deadline 2020

Here it is again, the end – the final filing deadline for 2020 – for most people. TaxMama® wants to give you some last-minute tips.         Dear Family, It’s October again. The filing deadline for individuals (1040) and C corporations (1120) that got extensions in April must file by Thursday, October 15th. […]

TaxMama’s TaxQuips We Win and We Lose

win and lose

Today TaxMama®  wants to update you about some IRS announcements that may affect your tax life.       Dear Family, The IRS is putting out Tax Tips on a daily basis, as they have for several years now. The only problem is, they seem to be recycling old news and not updating it for […]