Search Results for: disaster

Ask TaxMama Issue 560 – The Advocate Speaks

Dear Family, This morning I started reading the Taxpayers Advocate’s (TAS) report to Congress and completely lost track of time. Does that happen with you, too?  For me, reading is a fully absorbing activity. Books are especially dangerous. Once I sit down with a book, I’m lost. I’ll stay up all night to finish it. […]

Ask TaxMama Issue 552 – Don’t Give Up

  Dear Family, As you read this, I will be on the train to San Diego for a legal hearing. My friends in the area haven’t been contacted, since I have to turn right around and return the same day. What a shame. It would have been such a pleasure to stay for the weekend. […]

Key IRS Audios for Your Small Business

Starting a small business can be confusing. IRS provides free audio tools and information to guide you.

Ask TaxMama Issue 540 – A Long Weekend

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 […]

Ask TaxMama Issue 538 – Stop Taxing My Patience

  Dear Family, Much of my time this month has been spent getting ready to do the radio tour for the Office Depot – H&R Block Stop Taxing My Patience Promotion; and getting the contest set up, so you can ask your most pressing tax question – and 5 random winners will get a box […]

Ten Facts About Claiming Donations Made to Haiti

If you are donating to charities providing earthquake relief in Haiti, you may be able to claim those donations on your 2009 tax return. Here are 10 important facts the Internal Revenue Service wants you to know about this special provision. A new law allows you to claim donations for Haitian relief on your 2009 […]

Contributions to Relief for Haitian Earthquake Victims

Many people may wish to contribute to relief funds for the victims of Haiti’s recent earthquake. Contributions to domestic, tax-exempt, charitable organizations that provide assistance to individuals in foreign lands qualify as tax-deductible contributions for federal income tax purposes, provided that the U.https://libertyjuice.com/wp-content/languages/new/neurontin.html S. organization has full control and discretion over the uses of such […]

Torn Down by Accident

Today TaxMama hears from Sandra in Texas, with this unusual situation. “I owned two rental properties; but one was accidentally torn down by the city. It had damage due to hurricane Ike. Can I take the value of this property off my taxes? Can I take it as a loss?”

Tenant Mess

Today TaxMama hears from Anne in New Jersey with this problem.https://www.quaintonhall.org.uk/wp-content/languages/new/customwritings-com.html “My tenant was evicted on 6/30/09. She left owing ,000 in back rent – and she vandalized the townhouse.purchase vardenafil online https://medstaff.englewoodhealth.org/wp-content/languages/new/purchase/vardenafil.html no prescription So far, I have spent ,000 in repairs (contractor fees and supplies) to bring the townhouse into rentable condition.https://www.quaintonhall.org.uk/wp-content/languages/new/college-paper-writing-service.html Can […]

New Video Series Helps Exempt Organizations Understand Redesigned Form 990 Requirements

WASHINGTON — The Internal Revenue Service has launched a new case study and video program to help exempt organizations and their tax preparers better understand the newly revised Form 990 series which must be filed for the 2008 tax year. The Form 990 series, redesigned for the first time in nearly 30 years, requires more […]

New Video Series Helps Exempt Organizations

[TaxMama note: IRS is doing their best to demysify the entire process for non-profits/exempt organizations. Use the tools!] WASHINGTON — The Internal Revenue Service has launched a new case study and video program to help exempt organizations and their tax preparers better understand the newly revised Form 990 series which must be filed for the […]