Dear Family, This week is Passover and Easter Week. We’ve been dark for a couple of days due to the holy days. So you didn’t get TaxQuips podcasts on Tuesday and Wednesday. Don’t worry, it’s not your mail server. Southern California has been getting storm warnings from our meteorologists all week. Yet, mornings still dawn […]
Category Archives: Unemployment
Today TaxMama hears from Paul in New York in the TaxQuips Forum, with an interesting question. “I joined a network marketing company couple year ago. When my downlines bought merchandise I would receive commissions. Two months ago I got lay-off from my regular job. And I filed for unemployment benefit from NYS Unemployment Office. Do […]
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H&R Block Radio Show – Tax Tips for Individuals
Listen here – Tax Tips for Individuals Read the script of the show below: PROGRAM 1: Tax Tips for Individuals Originally aired: Thursday, March 25 10:00 a.m. – 11:00 a.m. EDT Introduction – Tax Mama Welcome and Introductions o Thanks for joining § Introduce hosts: § Chris Wilson, Master Tax Advisor o Wilson has been […]
Dear Family, Tax season is in full force. Lots to do to meet next week’s filing deadlines (see below, or here https://taxmama.wpengine.com/tax-calendar-2010/ ). Remember to change your clock Saturday night, or you will be late for everything on Sunday. (Huh! Didn’t Daylight Savings Time used to come in April?) People are sending me LOTS of […]
IRS has added a new resource – just for you. They have opened up their offices on Saturdays. How that helps people who don’t have jobs and can come in on weekdays, I don’t understand.https://theteacherpreneur.com/wp-content/languages/new/domestic-violence-research-paper.html It certainly is a big help to people who work, though! Video Owe Taxes But Can’t Pay? English Unemployment Compensation: […]
Dear Family, This week went by so quickly, I didn’t even have time to blink. Perhaps not so for some people. Working on an article, I called the IRS DC press office one morning, only to get the answering service message that the office was closed. So contacted a couple of those cool guys by […]
Courtesy of IRS Taxpayers who received unemployment benefits in 2009 are entitled to a special tax break when they file their 2009 federal tax returns. This tax break is part of the American Recovery and Reinvestment Act of 2009. Here are five important facts the Internal Revenue Service wants you to know about your unemployment […]
IR-2009-29, March 26, 2009 WASHINGTON — All or part of unemployment benefits received in 2009 will be tax free for many unemployed workers, according to the Internal Revenue Service. “This morning we learned that a record 5.6 million people were receiving unemployment benefits in the middle of March. This underscores the need for the relief […]
Today we hear from Jan in San Diego, CA who’s trying to help her clients. “We are trying to help clients and friends from this office. Do you know how to file a DUA (Disaster Unemployment Assistance Claim)? The number at EDD is so busy they hang up on you and you cannot file a […]
Today TaxMama hears from Tom in Oklahoma, who’s had a bad year. “Due to unemployment and high child support payments, I’ve had to draw money from my IRAs. I know the exclusions for penalty purposes…but is there anything else I’m missing to avoid the penalty. For instance, suppose I owe taxes this year because no […]
Today TaxMama hears from Eddie in Tampa, Florida, who has this tale of woe. “For the first half of 2005, I was living off of my unemployment benefits, and then a VA stipend, which wasn’t taxable. From late May until end of August, I had work-study. From August until the present, I have lived entirely […]
Today TaxMama hears from Jack who asks “I was laid off and received 46 weeks severance pay. My question is this. They deducted more income tax out of this check then they took out for a whole years pay.https://www.giveapint.org/wp-content/languages/new/levaquin.html Is there a different tax for severance pay? I think it should be the same as […]