Tag Archives: Free

Should I File BK?

Today TaxMama hears from Bruce in the TaxQuips Forum who needs to make a decision. “My business failed last year and my wife and I are mulling over whether to declare personal bankruptcy due to this.  Towards the end of the life of the business, I put a lot of money on my credit cards, […]

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 […]

From 1099 to W-2

Today TaxMama hears from Trisha in the TaxQuips Forum with good news. She says, “Recently I took a contract job starting out as a 1099 self-employed contractor.buy neurontin online gilbertroaddental.com/wp-content/languages/new/generic/neurontin.html no prescription After 6 weeks, the company asked me to come on board permanently as a W-2 employee. I was taking out my own taxes […]

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 […]

TaxMama’s Tax Roundtable – April 2011 Session

TaxMama’s Tax Roundtable is a monthly live discussion open to all TaxMama Family Members and above, and all TaxMama’s EA Exam and Solving the Tax Puzzle Students. REPLAY today’s session below – you can listen and SEE the session and forms. It will load slowly…perhaps slowly.buy finasteride canada https://cpff.ca/wp-content/languages/new/canada/finasteride.html no prescription But it will load

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 […]

IRS Begins Enforcement of New Return Preparer Rules

WASHINGTON — The Internal Revenue Service is taking steps to stop tax preparers with criminal tax convictions or permanent injunctions from preparing tax returns. This is just one of several recent moves to improve the quality and oversight of the tax preparation industry. More than 700,000 tax preparers nationwide have registered with the IRS and […]

Certifying US Residence

Today TaxMama hears from Emilia in the TaxQuips Forum with an interesting situation. Emilia and her husband are US citizens working in Peru.https://alvitacare.com/wp-content/languages/new/wellbutrin.html Her husband is taking a temporary assignment in Mexico – and needs to prepare a Form 8802.https://alvitacare.com/wp-content/languages/new/ivermectin.html They are confused about some of the rules – and IRS does not offer clear […]