Category Archives: *Tax Quips

5 Tips about Medicare

While working on a client’s tax return last month, I noticed that he was over 65. Still an active executive of a Fortune 100 company, his human resources department had informed him that he doesn’t need to file for Medicare, since he has full insurance coverage.  Opps! That’s bad advice.

Tax Day 2019 Last Minute Tips

Today is a day of deadlines – important ones. So please pay attention!
Myth-busting–Filing an extension does not increase your audit risk.

Everything You Want to Know About the EA Exam 2019-2020

The REPLAY of the April  2019-2020 webinar is HERE! There are still terrific discounts to be had – grab them now! Early-Bird discount ends on April 7th. Hurry. Becoming a knowledgeable tax professional isn’t easy. It takes a lot of dedication, math skills, and the flexibility to keep up with the myriad of tax law […]

LLC Option Myths

Let’s just clear up some myths about LLCs and the rush to make entity changes. Here are the high points:

March Deadlines

___________________________________________________________   Just a quick note to alert you to some deadlines. Sunday, March 10th – Daylight Savings starts – move your clocks forward Friday, March 15th – Webinar –  Everything you Wanted  to Know about the EA Exam 2019 March 15 10:00 am Pacific http://iTaxMama.com/Everything_EA_March Friday, March 15th – LOTS of deadlines  Partnership returns are […]

2018 and 2019 Tax Extenders

Today TaxMama® wants to alert you to a tax extender bill sitting in Congress. It’s the Tax Extender and Disaster Relief Act of 2019. Dear Family, Great news! The extender bill that Congress is working on will buy us two years of (relative) certainty about our tax lives. The  provisions in this bill will extend […]

TaxMama’s® Anniversaries

Today TaxMama® wants to toot her own horn for a change. Dear Family, We are celebrating 2019 as TaxMama’s® 20th anniversary and will be providing goodies to our members along the way, throughout the year. Twenty years ago, I set up the TaxMama.com website to solve a problem I saw over and over again. People […]

The Government Stays Open

says you can breathe a sigh of relief. The U.S. government will stay open. The IRS is still funded. You, your family and friends, who work for the government will be able to continue to pay your living costs. Whew!