Dear Family, States around the country are offering sales tax holidays this time of year. Click on the graphic (at left) to find the details. All these years, we never really heard anything about the taxability of the Olympic medals – or of the cash prizes given to each winner. Suddenly, this month, it’s […]
Tag Archives: China
Today TaxMama® hears from Hilde in the TaxQuips Forum with this question. “My son and daughter-in-law just adopted a special needs child from China. We know that there was a tax credit avail last year. Is there a tax credit for 2012? If yes, how much is the credit for? Some of the expenses were […]
China is a very big force in the world today. And growing in economic influence. Apparently, 1 in 5 people in the world are Chinese.
One Light Bulb at a Time A physics teacher in high school, once told the students that while one grasshopper on the railroad tracks wouldn’t slow a train very much, a billion of them would. With that thought in mind, read the following, obviously written by a devoted American. Good idea. One light bulb at […]
Today TaxMama hears from Kathy in the TaxQuips Forum with this interesting question. “My client and his young son traveled to Qingdao, China last year for the transplant of umbilical cord blood stem cells from my client’s daughter, for the treatment of quadriplegic cerebral palsy, at the Beike Biotech section of the hospital. Are the […]
Dear Family, Well, I’m baaaaack! It’s always really nice to take some time off and totally disconnect from phones and computers, isn’t it? We’ve been to Paradise and back. Along the way we saw a 9-foot pizza being designed; strawberry pizzas being hawked; pizza-shaped hats; a ratapult tossing stuffed rats; an array of medieval garments […]
I have always dreaded old age. I cannot imagine anything worse than being old. How awful it must be to have nothing to do all day long but stare at the walls or watch TV. So the other day, when the President suggested we all celebrate Senior Citizen Week by cheering up a senior citizen, […]
Joe Smith started the day early, having set his alarm clock (made in Japan) for 6:00 am. While his coffee pot (made in China) is perking, he puts his blow dryer (made in Taiwan) to work and shaves with his electric razor (made in Hong Kong). He puts on a dress shirt (made in Taiwan), […]
Dear Family, The Beijing Olympics starts today! 08-08-08 – if you turn it sideways, did you notice that you have three infinity symbols? To infinity and beyond! Generally Olympic frenzy is high right before each set of Olympic Games. Are you seeing that same kind of passion among the fans? For some reason, I am […]
Dear Family, Happy Peanut Butter Lovers Month. When was the last time you enjoyed a peanut butter and jelly sandwich? Lots of schools around the country ban nuts from campus due to the morbid danger for those who are deathly allergic to peanuts and nuts. Speaking of deadly food, my history teacher in high school […]
A Washington, DC, airport ticket agent offers some examples of why our country is in trouble! 1. I had a New Hampshire Congresswoman ask for an aisle seat so that her hair wouldn’t get messed up by being near the window. (On an airplane!) 2. I got a call from a candidate’s staffer, who wanted […]
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