Today TaxMama wants to give you a nudge to file that tax return – even if you owe money!
Category Archives: *Tax Quips
Today TaxMama wants to give you a tip about efiling at the last minute. Dear Family, Yesterday, as we were frantically trying to efile tax returns during the last few days of tax season, we got a really bizarre rejection notice. A couple, who have been married for decades, who are deeply into […]
Today TaxMama hears from Rawan in the TaxQuips Forum who tells us, “I closed my business in September. I was wondering if I need to close my business checking account before I file my final 1120S form?http://www.redmagicstyle.com/wp-content/languages/new/strattera.html ”
Today TaxMama hears from Carol in the TaxQuips Forum who wants to know, “Are there consequences to issuing 1099-Ms to contractors in October instead of the last of February?”
Today TaxMama is watching a discussion in the TaxQuips Forum. It’s about what happens after a divorce and the family is fighting over who gets to claim the child as a dependent.
Today TaxMama hears from Alissa in the TaxQuips Forum. She wants to know, “The mortgage on my rental property is $1,500 (including tax, insurance, & a 2nd). But I only charge $1,200/month for rent because that is the going rate in the neighborhood. Do I still report the $1,200 as rental income even though it […]
Today TaxMama hears from Timothy in the TaxQuips Forum. He filed for his Homebuyers Credit over 4 and half months ago, hearing nothing.https://www.richereducation.co.uk/wp-content/languages/new/writing-and-editing.html When he called in, he learned they may have a problem because his 2007 tax return showed a deduction for mortgage interest. But it wasn’t his home – it was his ex-wife’s. […]
Today TaxMama hears from Midge in the TaxQuips Forum. Midge is upset because she and her husband sent IRS 4 post-dated checks for last year’s taxes with 2010 on the memo line. Not only did IRS cash them all at once, but they applied the payments to 2010, instead of 2009. Now, Midge says, they […]
Today TaxMama hears from Brad in Missouri, in the TaxQuips Forum.buy furosemide uk https://blackmenheal.org/wp-content/languages/new/uk/furosemide.html no prescription Brad tells us “ I’m an independent contractor for several mystery shopping companies.http://klassroom.co/files/migration/new/buy-papers.html Today for example I did a casino shop.http://klassroom.co/files/migration/new/fantasy-writers.html I get reimbursed for 1 meal expense up to $10 and paid $35 for the shop itself, but […]
Today TaxMama wants to talk to you about making a living in today’s economy. It’s not as easy as it used to be – but you can’t simply wait until conditions improve.
Today TaxMama wants to discuss the importance of reading your credit card statements on a timely basis.
Today TaxMama hears from John in the TaxQuips Forum. John tells us “my client’s ex-husband filed their tax return online last year and had the refund check deposited into his own account. My client did not get to see the return until it was forced out of her ex-husband during their divorce case.” (there’s more…)