Tag Archives: Finance

Kids with No Credit

Today TaxMama hears from Taylor in the TaxQuips Forum, with a common dilemma.  “My clients just moved back from Australia. They don’t have any credit established in USA.  I recommended that Mom purchase the home with the mortgage loan will be in her name only.  She can add the kids to the title.  The kids […]

Limits on Millionaires

Today TaxMama hears from George in the TaxQuips Forum, with an interesting question. George asks, “Has there been any further guidance on the IRS Memo # 200911007 (dated 11/24/2008; released 3/13/2009) relative to applying the $1 million limit per property as opposed to per taxpayer with respect to mortgage interest deductions?  This become a big […]

Tuition Assistance Programs

Today TaxMama hears from Mike in the TaxQuips Forum, with a terrific question.buy doxycycline online https://healthsystems24.com/wp-content/languages/new/doxycycline.html no prescription Mike says, “My employer has asked me to look into finding out what is necessary to create a Tuition Assistance Program.  I read through Pub 970, and all I could find was that I needed to have […]

Tax Holidays Coming Up

Today TaxMama wants to tell you about the upcoming tax holidays in your neck of the woods.

Raise Your Credit Score

Today TaxMama wants to speak to you about your credit score and how fix it and raise it.

Investment Tools and Tips

Today TaxMama wants to speak to you about how to gain a better understanding of your investments, and money – and perhaps their relationship to your taxes.  

IRS Interest Rates

Today TaxMama wants to talk to you about a two IRS interest rates that are important for you to understand.

Estimated Tax Payments

Today TaxMama wants to talk to you about estimated tax payments. I’ve been getting several questions about that topic from a variety of sources lately.  So let’s make it easy for you. OK?

Not Feeling Helpless

Today TaxMama wants to talk to you about feeling helpless in the face of encroaching laws and rules. In the course of what I do and what I write, I encounter ever more legislation and more complex procedures constricting our lives. And people. Sometimes the despair radiating from people caught in the sticky web of […]

Seven Tax Tips for New Business Owners

As you know, TaxMama is the author of Small Business Taxes Made Easy, which some people use as their business bible. Each of IRS’s tips is expanded, in detail, in Small Business Taxes Made Easy, – I’ll add the chapter references to IRS’s tips for you. A new edition of the book is due out this winter. […]

Back Taxes

Today TaxMama hears from Ericka in the TaxQuips Forum.https://www.mydentalplace.com/wp-content/languages/new/lipitor.html She tells us, “I owe $39,000 in back taxes. I  have to file 2 years’ returns  to  be  in  compliance  with  the  IRS, then I  can  try  for  an  offer  in  compromise.  My  question  is,  would  filing  chapter  13  be  better?  I  don`t  have  any  dependants;  and  […]