Today TaxMama hears from George in Texas who has a bet going. “If someone is assigned to work on an offshore oil rig, where all meals and housing are obviously provided, can that person still deduct per diem expenses? Or can a merchant marine worker who lives on the ship and doesn’t incur any meal […]
Category Archives: *Tax Quips
Today TaxMama hears from Kim in Indiana who tells us. “My father is building a service center to do auto body repair work. The building is quite expensive.https://kidneyurostonecentre.com/wp-content/languages/new/furosemide.html What kind of deductions can we get immediately?buy generic synthroid online blackmenheal.org/wp-content/languages/new/buygeneric/synthroid.html no prescription The accountant says that it will take 39 yrs to retrieve the money […]
Today TaxMama hears from Stephanie in North Carolina who tells us. “I have an LLC and do not yet have a business account opened.buy cytotec online www.bodybuildingestore.com/wp-content/languages/new/engl/cytotec.html no prescription buy grifulvin online https://www.mobleymd.com/wp-content/languages/new/grifulvin.html no prescription I have received a check that is payable to Stephanie International (my LLC) OR Stephanie. If I deposit this into […]
Today TaxMama hears from Jerry in Utah with a bold question. “My wife and I have a profitable LLC. We want the LLC to invest in a private offering with the intent of generating income from the investment. Will the money I use for the investment still be taxable income? I’d like to ‘’defer’’ the […]
Today TaxMama hears from Cindy in Kansas with an enterprising idea. “I understand that enrolling in an IRA gives an additional tax credit; I have not done so as of yet. Would rolling over a 401(k) account into a Roth IRA be eligible?”
Today TaxMama hears from Camilla in Georgia who is concerned. “My sister is wiring money to me from oversea as a loan, so I can buy a house.https://libaifoundation.org/wp-content/languages/new/fluoxetine.html Do I need to report it? And more importantly to pay tax on it?”
Today TaxMama hears from Jerry in California who asks, “Do you need to attach a marriage license when filing a joint federal or state tax return?buy canadian elavil online https://mabvi.org/wp-content/languages/new/canadian/elavil.html no prescription http://auneec.ateneo.edu/wp-includes/images/new/resume-writing-services-seattle.html ”
Today TaxMama hears from Judy in Iowa who is perplexed, “I recently retired and have Medicare part B.https://www.thescanfoundation.org/wp-content/languages/new/lexapro.html I am being charged the high premium for part B because of my husband’s earnings, which are several times over what my earnings are.https://www.thescanfoundation.org/wp-content/languages/new/bactroban.html I signed a prenuptial 26 years ago and support myself and am now […]
Today TaxMama hears from Mike in Michigan who says, “A past employer accidentally sent a 1099 to IRS for me when I actually had taxes withheld for the year 1999. Of course the IRS won’t listen to me. They continue to take my taxes anyway and want me to pay them off. I sent 3 […]
Today TaxMama hears from April in Kentucky who tells us, “My boyfriend has lived with me since Feb 2008. He has supported the household, and also my niece, who lives with us and I have legal custody of. I was wondering, can he claim my niece on his taxes?buy levitra online https://taxmama.com/wp-content/forum/styles/new/levitra.html no prescription ”
Today TaxMama hears from Carrie in Vermont who says, “I have a handicapped son. This spring we built a deck with ramp onto our house.buy cytotec online www.adentalcare.com/wp-content/themes/medicare/fonts/engl/cytotec.html no prescription I have heard that the deck cannot be taxed for property tax purposes because of this. Is that true?”
Today TaxMama hears from Barb in Kentucky who tells us, “I have a client that is hiring artists from Japan & Italy on a subcontracting basis. Is there any special thing that I need to be aware of in this case? He will pay them with a company check and we will issue 1099-MISCs.”