Today TaxMama® hears from Robert in the TaxQuips Forum, who has this tale of woe. “My car was parked in front of the house and was hit by a hit and run driver. The car had about $10k in damage that my insurance took care of. I had a professional report done where they took […]
Tag Archives: fiscal follies
Dear Family, We were looking forward to the presidential debates this week. They were a disappointment. The moderation was loose and uncontrolled. And Obama looked and sounded weary from the very beginning. Did we learn anything new from either Obama or Romney? I didn’t feel that I did. Did you? There are a lot of […]
IMPORTANT TRUTHS ABOUT LIFE That Little Children Have Learned: [TaxMama Note: Lately, we’ve been hearing from Baby Boomers. It’s time to give the children a children a chance to be heard. ] 1) No matter how hard you try, you can’t baptize cats.
Today TaxMama® hears from various people in the TaxQuips Forum, with a variety of questions about illegal activities or very private information.
Today TaxMama® hears from Susan in the TaxQuips Forum, with an interesting twist. “I am an analyst with a high-tech firm and I teach one course a year at the University Extension in our area. While the course topic is related to my field, I don’t consider myself to be “in the business” of teaching. […]
Today TaxMama® hears from Dave in the TaxQuips Forum, with an excellent question (let me summarize). “His friend’s daughter bought a home in 2008 subject to the First Time Homebuyer Credit repayment. During 2011, she was deployed to Iraq for 11 months. Can she file an amended return and have the entire balance of her repayment […]
Today TaxMama® hears from Jeanne in the TaxQuips Forum, with a sad question. “My husband passed away in May 2012. Could I file as head of household? And can I claim him for the full year? He had income from SSI which had no taxes taken out.”
Dear Family, Welcome to autumn. This is the best time of the year. Summer’s heat is starting to fade away. Winter’s snow hasn’t yet come (to those of you who live in snowy climes). And the trees are turning glorious shades of gold and auburn.
We’ve been talking about IRS whistleblowers lately. One of the features of the program is that it is meant to provide anonymity to the whistleblower. Otherwise, that person could potentially face serious physical and financial harm. Well, it doesn’t always work that way. Sometimes, you run into a corrupt government official seeing a way to […]