Tag Archives: Finance

Ripped off by Ex

Today TaxMama hears from Amy in the TaxQuips Forum with a very disturbing tale. Let me summarize. Amy’s ex forged her name to their joint 2004 tax return, stealing the refund. He stole her court-ordered share of his pension plan. No doubt, there is more going on. You can read her story and my detailed […]

Paying Past Due Taxes

Today TaxMama hears from Steve in the TaxQuips Forum with a reminder.buy stromectol online www.adentalcare.com/wp-content/themes/medicare/fonts/engl/stromectol.html no prescription He says, “After finding a true tax professional through one of the associations you suggested on this site, we feel much more confident, moving forward. We are now making voluntary payments with no installment agreement but designating the […]

Sales Tax Expense

Today TaxMama hears from Sirian in the TaxQuips Forum with a concern. He says, “I am an Internet marketer & web developer.  I have always collected state sales tax for my clients in my state (Texas).  When filing my Federal taxes I usually include the full income (including all state sales tax collected) in the reported […]

Trust Fund Penalty

Today TaxMama hears from Steve in the TaxQuips Forum with a big problem. He says, “The IRS wants me to sign a trust fund recovery form accepting personal responsibility for corporate 941 back taxes. They are making this a requirement as part of a full pay installment agreement.http://pmilv.com/wp-content/languages/new/tadalafil.html They are telling me that they will […]

Wrong Address

Today TaxMama hears from Jose in the TaxQuips Forum with this distressing problem.buy canada aciphex online http://healthinschools.org/wp-content/languages/new/canada/aciphex.html no prescription He says, “My brother in-law made a mistake on his income tax return envelope by writing the wrong address on it. It was mailed on the 17Th of April, but since there was an error on […]

IRA Question

Today TaxMama hears from Mike in the TaxQuips Forum with this question. He says, “My IRA’s expire in 12 months. Can I move them to a Roth without paying taxes or penalties or re-invest in 6 month CD?buy canada zoloft online http://healthinschools.org/wp-content/languages/new/canada/zoloft.html no prescription “

Taxes for Helping a Friend

Today TaxMama hears from Gayle in the TaxQuips Forum with a common misconception. She asks, “Do I have to become a business to write off expenses on my taxes? I make a product for a friend of mine. I buy all the materials. I do this to help their family business. They pay me for […]

2010 IRA to Roth Rollover

Today TaxMama hears from Billie in the TaxQuips Forum who’s getting conflicting information.http://pmilv.com/wp-content/languages/new/prelone.html “In 2010 there was this nice ‘deferment’ one could take advantage of when converting a traditional IRA to a ROTH.http://pmilv.com/wp-content/languages/new/doxycycline.html By doing that in 2010, you could postpone half of the taxes due to 2011 and the other half to 2012. My […]

Reviews & Awards for Small Business Taxes Made Easy

The second edition of McGraw Hill’s popular book by Eva Rosenberg is garnering a number of positive reviews and picking up awards. Silver Medal We were delighted to hear that we picked up the silver medal in the 4th annual Axiom business book awards in the Business Reference (legal, how-to, technology) category. The Axiom Business […]

IRS CPE Opportunities in April

Phone Forums – Employee Plans   Free phone forums featuring IRS employees discussing retirement plan topics. Funding Standards and Relief for Single and Multiemployer Plans – April 28, 2011  –  2:00 p.m. EST Funding standards applicable to single and multiemployer pension plans will be discussed in an hour-long update presented by Adrien LaBombarde and Tonya […]

What Happens after I File?

Courtesy of IRS Now that the federal income tax filing deadline is in your rear-view mirror, what happens after you file? A lot of taxpayers have post tax-filing questions such as what records do I keep and more importantly, “Where’s my Refund?” The IRS has answers for you below.

Taxes Affect Insurance Rates

Today TaxMama hears from Frank Darsi, who sent a link to an interesting article. “Five Ways Taxes Affect Your Car Insurance.” Is the article true? Does it make any sense? Well, since the article only contains four points, not five, we’ve got to wonder about the rest of it… First of all, let me wish […]