Estimated Tax Payments Besides the April 15 estimated tax payment previously extended, today’s notice also extends relief to estimated tax payments due June 15, 2020. This means that any individual or corporation that has a quarterly estimated tax payment due on or after April 1, 2020, and before July 15, 2020, can wait until July […]
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*AskTaxMama Newsletter, *Tax Quips, COVID19, IRS News
COVID-19 Tax News – Digital Signature Info Added
30
Mar
Mar
Please stay tuned here for updates from the IRS and other key news that affects your lives, currently. We will be adding information to this page. ALERT: #IRS will not call to request any personal or financial information for you to get an economic impact payment. If you get such a call — HANG […]
*AskTaxMama Newsletter, *Tax Quips, Disaster, Extensions, Filing Deadline, Form 4868, IRS News, Paying Taxes
Insanity Update and Alerts
20
Mar
Mar
BREAKING NEWS – Marchh 20, 2020 – Treasury Secretary Steven Mnuchin tweeted Friday that President Trump has directed him to move Tax Day to July 15, giving taxpayers more time to file their taxes in the midst of the coronavirus pandemic. “At @realDonaldTrump’s direction, we are moving Tax Day from April 15 to July 15,” […]
*AskTaxMama Newsletter, *Tax Quips, 401K, Adoption Credit, Education Expenses, Electric Plug-in, IRAs, Kiddie Tax, News & Politics
Last Minute New Tax Laws and Changes
30
Dec
Dec
Today TaxMama® wants to give you some very big news about tax law changes. On December 20th President Trump signed into law the Further Consolidated Appropriations Act. Those 715 pages included two major tax bills – the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) and the Taxpayer Certainty and Disaster […]
12
Oct
Oct
The time has come, TaxMama® said, to talk of many things. Filing deadlines, disaster extensions, and various confusions this year’s filing brings.
*AskTaxMama Newsletter, *Tax Quips, IRS News, Legislation, Retirement Accounts, Retirement Planning
Proposed Tax Legislation
12
Jul
Jul
TaxMama® wants to bring some pending and potential tax legislation to your attention, today. Dear Family, On June 14th, I told you about the Taxpayer First Act that was waiting to be signed by the President. He signed that bill into law on July 1st. But there is still a lot that needs to be […]
01
Mar
Mar
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 […]
*AskTaxMama Newsletter, *Tax Quips, Business Expenses, Disaster, Employee Benefits, Employee Business Expenses, energy credits, Farmers, IRS News, Moving
The IRS is Pumping Out Information
17
Dec
Dec
This month, the IRS is catching up on procedures, alerts and announcements. We are getting several announcements each day. TaxMama summarizes it for you.
*AskTaxMama Newsletter, *Tax Quips, Depreciation, Disaster, Filing Deadline, Military
Last Minute Tips – 2017 Returns
15
Oct
Oct
Today TaxMama® wants to give you some last minute tips on the drop-dead filing deadline – October 15th.
06
Nov
Nov
On November 2nd, the House Ways and Means Committee unveiled a sweeping tax bill, Tax Cut and Jobs Act, designed to undo many of the complexities of the Tax Reform Act of 1986. Please understand that this is not law yet. There’s still a long journey, with lots of hurdles, before some version of […]
*AskTaxMama Newsletter, *Tax Quips, Casualty loss, Disaster, Estimated Taxes, Filing Deadline
Disastrous Tax Issues
06
Sep
Sep
Today TaxMama® says we are facing Hurricane Irma in Florida, dealing with the devastation of Harvey in Texas – and the biggest fire in Los Angeles history. So let’s talk about the special tax breaks available to you.
*AskTaxMama Newsletter, *Tax Quips, Casualty loss, Disaster, Exceptions to Penalties, Late Filing, Paying Taxes, Penalties
October 15th is NOT the filing deadline for Everyone
13
Oct
Oct
October 15th is the annual filing deadline for all personal income tax returns.https://biuinternational.com/wp-content/languages/new/how-to-do-a-lab-report.html This year, some (un)lucky folks in several disaster areas around the country have extra time to file – as long as they were wise enough to put their personal tax returns on extension.https://biuinternational.com/wp-content/languages/new/writing-college-essay.html What about the rest of us? We still face […]