Category Archives: *Tax Quips

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 […]

TaxMama’s TaxQuips Where oh Where Has My Payment Gone?

  Today TaxMama®  wants to talk to you about your missing payments to the IRS.             Dear Family, Feeling frustrated about getting your tax questions, answered, issues resolved and trying to understand where your stimulus checks have gone? Yeah. The bad news is – this is going to go on […]

TaxMama’s TaxQuips Filing Deadline Approaches

Today TaxMama®  wants to provide some tips before the upcoming July 15th filing deadline.                 Dear Family, I hope you’re able to enjoy (what we used to call) a “safe and sane” 4th of July holiday. When arriving in Los Angeles many decades ago, we used to have […]

More PPP Loans – Better Terms

Today TaxMama® wants to let you know that the House and Senate have passed the Paycheck Protection Program Flexibility Act of 2020 (PPPFA).         Dear Family, The latest Bill is heading for the President’s desk today. Believe it or not, it’s only 9 pages long. The PPPFA increases the time to pay […]

Death and Stimulus

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Today TaxMama® wants to tell you about even more news from the IRS. It just keeps on a-comin’!               Dear Family, The IRS is still in the process of sending out stimulus checks to people, electronically and on paper. Many people were surprised and delighted to receive $1,200 checks […]