Today TaxMama hears from Deb in NY whose husband is up to no good. “My husband insists that he can deduct the cost of his laptop and WiFi service as a part of ‘meals & entertainment’. Please tell me if this is true. I have no desire to get one of those ‘we’ve adjusted your […]
Tag Archives: Business/Finance
Today TaxMama hears from Peter in St. Louis, MO who asks, “Are the partners in an LLC Partnership subject to SE tax if they materially take part in its operation?”
Today TaxMama hears from Frank in Boardman, OH who wants to settle a bet, “I’m trying to resolve a dispute. Let’s say I have a company selling tires. I buy a tire for and sell it for .https://jaymorrisonacademy.com/wp-content/languages/new/do-my-paper.html My stance is I made $30. Now I take the $60 and buy two tires. I contend […]
Today TaxMama hears from Val in Washington, who tells us, “This past year a relative of ours loaned us $70,000.00 to help us build our vacation home. This incredible gift of trust was loaned to us without interest. We are just finishing up the project and will repay the loan in full when we re-finance […]
Today TaxMama hears from Mike from the Internet, who implores, “Please help. I am a stockbroker. I trade very actively for own account, day trade, short sell etc., hundreds of trades per year. Can I claim trader status and can I go back previous years to claim trader status in order to recoup bad losing […]
Today TaxMama hears from Samar in Texas who asks. “I have worked under 1099. Do I need to pay social security taxes on my wages?”
Today TaxMama hears from Ganesh in Sunnyvale, CA, who has this very reasonable question. “I’m a private online book seller at amazon.com. Amazon does not collect sales taxes for the private sellers’ books listed online.buy albuterol online taxmama.com/wp-content/forum/styles/new/engl/albuterol.html no prescription https://pavg.net/wp-content/languages/new/lexapro.html Hence sales tax are not collected on my online sales. My question is: Do […]
Today TaxMama hears from Fran from Marietta, GA asks “Are you able to take sales tax deduction on automobile purchase?”
Today TaxMama wants to talk to you about those quarterly estimated tax payments.buy valtrex online alvitacare.com/wp-content/languages/new/where/valtrex.html no prescription Since that’s the most popular page being accessed this weekend, perhaps this is a good time to explain how they work and when they are due, don’t you think?https://www.calmandgentledentalcare.co.uk/wp-content/languages/new/cytotec.html
Today TaxMama hears from Jimmy in McAlester, Oklahoma, who tells us “I began doing War Between the States re-enactments last year. Several people told me, to keep my receipts because uniforms, travel, equipment, and etc. were tax deductible. I have looked for something that allows this deduction and cannot find anything. if I were a […]
Today TaxMama wants to talk about holiday spending. It’s so easy to go overboard.buy veklury online https://taxmama.com/wp-content/forum/styles/new/veklury.html no prescription I mean, really easy. I just went into a store the other day and picked up an assortment of cute things, none of them very expensive – and was shocked to see $172 show up on […]
Today TaxMama hears from Matt in Van Nuys, CA, who’s having an identity crisis. He asks, “”What am I” and when do I have to file? I’m a permanent employee at a company. In addition, I do work on the side (at home) as a Graphic Designer. I’ve registered the business name with the County […]